She truly wants to own and operate an iron-ore mine, wants it more than anything.
In 1995 they successfully bid for SSGPO, an iron ore mine, and Kazchrom, a ferroalloy producer.
Hancock Prospecting owns fifty per cent of an iron-ore mine at Hope Downs, in the Pilbara, which opened in 2007.
This is the second deal between the two miners after they agreed in March to develop jointly an iron ore mine in West Africa.
Toronto's Northland Power wants to convert an old open-pit iron ore mine in Ontario into a waterfall five times the height of Niagara Falls, which could be used to generate power.
The multinational digger has just confirmed it has let the trucks roam free at the Nammuldi iron ore mine, a hole in the ground located in more or less the middle of nowhere, as the nearest town, Tom Price, is 60km away.
FORBES: Don't Tell The Teamsters: But Driverless Trucks Are Already Here
In a sense the problem is the same as deciding which quality of ore to mine in the first place: we now need to either find richer sources to recycle from or arrange how we use these materials in the first place to facilitate recycling.
FORBES: Recycling Scrap Rare Metals Vital to Future Technologies
The company is still dealing with the problem of low-quality ore from the mine, which forced the company to significantly reduce its copper production outlook for the year.
FORBES: Indonesian Miners Strike Another Blow For Freeport At Grasberg
Ore from the mine is processed at Jaduguda into a substance called U308 - commonly known as yellow cake - and then sent to the Nuclear Fuel Complex in the southern city of Hyderabad, where uranium fuel rods are produced.
Exploitation of the estimated two billion tonnes of iron ore deposits in Hajigak mine - located in Bamiyan - is expected to begin by 2015.
It will apply to firms that mine iron ore, coal and petroleum and affect about 30 of Australia's biggest miners, including BHP Billiton, Rio Tinto and Xstrata.
The current phase of production at the Ekati Diamond Mine includes ore sourced primarily from the lower grade, but high carat value, Fox open pit supplemented by underground production from the lower portion of the Koala kimberlite pipe and from the Koala North pipe.
FORBES: Harry Winston to Purchase Ekati Diamond Mine For $500 Million
This was largely due to lower-than-expected ore grades as well as mine-sequencing changes, he said.
KCM's ore production and expand the mine's life from 2012 until 2035.
Revenue hit a record high even though gold-mining output was down from the year-ago quarter due to factors such as mine sequencing and lower ore grades in certain mines.
The metals and coal sectors aren't demand driven, but they are price sensitive to the dearth of incremental supply, particularly coal, iron ore and even copper with all its mine outages.
To make matters worse, prices of commodities such as iron ore have also fallen in recent months, hurting mine companies' profits.
The company said the closure was necessitated by weak volcanic rock above the ore deposit which allowed water to flow into the mine.
Copper production, the second largest contributor to profits, rose by just 2% to 172, 900 tonnes, as troubles continued at its Collahuasi mine in Chile - including with low ore grades.
Rio Tinto competes with global metals and mining giants like Vale, BHP, Freeport McMoran and other companies that mine bauxite, copper, coal and iron ore.
Rio Tinto competes primarily with global metals and mining giants like Vale, BHP, Freeport McMoran and other companies like Cliffs Resources that mine bauxite, copper, coal and iron ore.
Rio Tinto, the global mining giant, competes primarily with global metals and mining giants like Vale, BHP Billiton, Freeport McMoran and other companies that mine bauxite, copper, coal and iron ore.
FORBES: Rio Tinto Stock Worth $82 Despite Iron Ore Price Volatility
They poured in their money, built a railroad to haul out all that lovely green ore and, within a few years, the remote Kennecott Mine, as it became known, was earning them millions.
Since 2007 Galantas Gold Corporation, a Canadian firm, has been working what is currently Britain's only gold-producing mine at Omagh, in Northern Ireland, shipping the ore to Canada and running a small gold-jewellery operation.
ECONOMIST: The high price of gold is encouraging miners to dream
Although production in the next two years is forecast to be lower than the average achieved over the last five years, it is expected to return to higher levels as the mine transitions to higher grade, but lower carat value, ore from the Misery and Pigeon open pits.
FORBES: Harry Winston to Purchase Ekati Diamond Mine For $500 Million
That was in 1994, when Friedland was best known by critics as "Toxic Bob, " after another of his ventures, Galactic Resources, tried to develop a gold mine near Summitville, Colorado using heap leaching, an extraction process that dips ore in cyanide to extract gold.
They want to provide a series of incentives to mine owners and firms which make gold as a by-product of smelting copper ore.
For Newmont, the lower ore grades have been a cause of concern as the company faced production losses at the Boddington mine last year.
That was in 1994, when Friedland was best known by critics as "Toxic Bob, " after another of his ventures, Galactic Resources, tried to develop a gold mine near Summitville, Colo. using heap leaching, an extraction process that dips ore in cyanide to extract gold.
应用推荐