Global mining company BHP Billiton said Thursday that U.S. antitrust regulators had granted partial approval for its US$170 billion hostile takeover bid for rival Rio Tinto. read more »
Mountain Province Diamonds Inc. (TSX:MPV) has discovered a 25-plus carat, gem-quality diamond at its Gahcho Kue mine in the Northwest Territories, a find it says is the largest gem-quality diamond ever recovered from Canadian diamond exploration drill program. read more »
Rio Tinto Ltd, the world's second largest iron ore producer, has concluded price negotiations with its Asian customers for the steelmaking commodity as investors wait for BHP Billiton Ltd to settle its contracts. read more »
Two Chinese steel companies combined Monday to form the world's fifth-largest producer, the latest in a series of government-orchestrated deals aimed at creating globally competitive suppliers amid booming demand.read more »
A high-powered group of international experts is warning a "no-holds-barred" race for Arctic resources could shape up unless countries around the world move faster to reach agreements on development, safety and environmental standards.read more »
Governors and premiers from several western states and provinces met Sunday to discuss strategies for protecting wildlife that roams their region while also capitalizing on immense energy resources.read more »
A useful wall-mountable map of the major producing mines of USA is now available in the InfoMine eStore. It comprises regional geology, and locations of all base metal, precious metal, uranium, and coal mines. It is available either folded or unfolded.read more »
What is believed to the world’s sixth largest manganese deposit got a welcome boost Wednesday as Baja Mining announced it has closed the sale of 30% of the Boleo project to a Korean Consortium.
Ernst & Young mining analysts recently said “the credit crunch does not seem to be having a significant impact on the sector.” However, the firm’s Canadian office said Wednesday Canadian junior explorer IPOs are suffering.
Investors have pinned hopes on a majority government being able to push through a long-awaited draft investment deal that would allow the Oyu Tolgoi copper and gold project to go ahead.
Mining Field: Ventilation and Air ConditioningArea: General (Rule#331)
Ventilation is typically responsible for 40% of an underground mine's electrical power consumption.
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