Thursday July 24, 2008

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Editor's Choice

Editor's Choice is an EIN News Service for mining professionals. Constantly updated news and information about mining.

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Current Articles

BHP Billiton Finds Huge Copper Deposit in Northern Chile 23 Jul 2008 - 11:59
BHP Ore Output Rises 15% to Record on China's Demand 23 Jul 2008 - 10:59
Strength of Commodity Prices Boosts BHP's Performance 23 Jul 2008 - 11:54
Freeport-McMoRan Says Lower Copper Prices Pushed Profits Down to $947 Million 23 Jul 2008 - 11:27
Lonmin Rises in London on Speculation Xstrata Will Make Bid 23 Jul 2008 - 12:04
De Beers H1 Diamond Sales Up 10%, Cautious on H2 23 Jul 2008 - 12:01
De Beers Warning As Diamond Demand Slows 23 Jul 2008 - 09:25
Mining Investors' Dream Stocks (News Analysis) 23 Jul 2008 - 11:36
Investors Once Again Flock to Safety of Gold Market 23 Jul 2008 - 11:21
Gold Slips to Two-week Low on Oil, Dollar 23 Jul 2008 - 11:23
Hong Kong Approves First Gold Exchange-traded Fund 23 Jul 2008 - 12:09
U.S. Regulators to Release Report on Utah Mining Disaster 23 Jul 2008 - 11:34
China Lets Child Workers Die Digging in Congo Mines for Copper 23 Jul 2008 - 10:58
Chinese Mine Defies Peru As Lung Disease Sickens, Kills Workers 23 Jul 2008 - 10:59
Beaconsfield Gold Walks Out of Accident Inquest, Saying Heroes of Mining Tragedy Scandalously Blamed 23 Jul 2008 - 11:41
'Stratospheric' Metal Prices Boost Tasmanian Mining 23 Jul 2008 - 11:36
Opal Miner Starts Exploration to Widen Its Horizons 23 Jul 2008 - 11:57

Merger Talks Between Russia's Metal Giant and Kazakhstan's Copper Miner May Create Global Copper Player 22 Jul 2008 - 12:36
Oz Minerals, Merger of Oxiana and Zinifex, Already on Acquisition Trail 22 Jul 2008 - 12:34
...Kingsgate Now an Attractive Takeover Target, CEO Says 22 Jul 2008 - 12:17
Boliden Shares Hit As Zinc, Dollar Dent Q2 Profit 22 Jul 2008 - 12:09
Murchison Hits Records at Iron Ore Mine in Western Australia 22 Jul 2008 - 12:04
Cadence's Board Says Yes to C$410 Million Cash Offer From Barrick Gold 22 Jul 2008 - 11:59
De Beers Says Miners' Strike Planned on July 24 Would Affect Output 22 Jul 2008 - 11:56
Setting an Example - to Avoid: Canada's Mining Industry a 'Worst-case Scenario', Says BHP Chairman 22 Jul 2008 - 11:48
BHP Warns of Chinese Risk If Rio Tinto Deal Fails 22 Jul 2008 - 11:43
Freeport-McMoRan Copper & Gold to Report 2Q Earnings Today 22 Jul 2008 - 11:41
Ukraine's Ferrexpo Q2 Iron Ore Output Down 1%, Costs Rise 22 Jul 2008 - 11:38
Goldsource Mines Down 50% on Poor Drilling Results 22 Jul 2008 - 11:36
Mine Turns Back on Beaconsfield Victims 22 Jul 2008 - 11:36
Gold Miner Kingsgate Surges on Thai Mine Expansion 22 Jul 2008 - 11:19
Hitachi to Add Big Dump Trucks to Tap Mining Booms 22 Jul 2008 - 11:17
Chinese Power Shortages Could Cost Chalco 30,000 Tonnes of Aluminum Production 22 Jul 2008 - 11:15
Norsk Hydro Aluminum Group Sees Profits Plunge 87 Percent in Second Quarter 22 Jul 2008 - 11:11
Lead and Zinc Prices to Fall Further in 2009 22 Jul 2008 - 10:57
China Rescuers Race Against Clock to Reach Miners 22 Jul 2008 - 07:11
Rising Oil Lifts Gold, Platinum Near 11-week Low 21 Jul 2008 - 13:50
Zinc Concentrate Imports May Plug Hole Left by Sinking Chinese Mines 21 Jul 2008 - 13:50
Mt Gibson Iron Doubles Profit As Output, Prices Gain 21 Jul 2008 - 13:50
Indophil Confident of Higher Offer As As Independent Expert Says Xstrata $540 Million Bid 'Not Fair Or Reasonable' 21 Jul 2008 - 13:48
Goldman Cuts Chalco to Neutral on Cost Pressures 21 Jul 2008 - 13:39
Aluminium Falls to 5-week Low, Copper Bounces 21 Jul 2008 - 13:39
Daylight Lets Barrick Gold Take Cadence Energy, Bowing Out of Bidding Race 21 Jul 2008 - 13:31
Brazil's Vale Chooses Cross-listing in Paris 21 Jul 2008 - 13:24
Vale CEO Sees Strong Demand For Products Despite U.S. Slowdown 21 Jul 2008 - 13:21
India's GJR Group Inks Pact With PT Earthstone for Mining Projects in Indonesia 21 Jul 2008 - 13:20
BHP Warns Australia of Risks in Refusing Rio Takeover 21 Jul 2008 - 13:17
Short-term Pressure in Gold Likely 21 Jul 2008 - 13:15
Steel Prices in India Set To Rise In August 21 Jul 2008 - 13:05
Hell's Kitchen: Mining Sulfur in a Volcano 21 Jul 2008 - 13:02
ArcelorMittal Announces Acquisition of Concept Group 21 Jul 2008 - 13:00
Peru Fears Environmental Mining Disaster After Dump Shows Sign of Rupture 21 Jul 2008 - 12:47
Armed Group Attacks Xstrata's Tampakan Copper Mine in Philippines 21 Jul 2008 - 12:45
Coal Carves a Place in the Future of Global Energy 21 Jul 2008 - 11:54
South African Unions to Strike Over Power Prices 21 Jul 2008 - 07:33
>>More Cleveland-Cliffs News<< 18 Jul 2008 - 13:41
Cartel Exposed In South Africa's Steel Industry 18 Jul 2008 - 13:23
Still Chance of Major New Diamond Discovery in South Africa, Says Diamond Doyen 18 Jul 2008 - 13:23
Cape Lambert in Talks With Evraz and Merrill Lynch 18 Jul 2008 - 13:22
Philippines' Berong Seeks to Double Nickel Supply to BHP 18 Jul 2008 - 13:14
Cadence Shares Surge on Richer Barrick Gold Offer 18 Jul 2008 - 13:10
Chile Codelco Finds Likely New Copper Deposit 18 Jul 2008 - 13:09
Vale $11.5 Billion Share Sale Misses Expectations 18 Jul 2008 - 13:08
Cleveland-Cliffs Goes Global, Stakes Its Claim As Mining Powerhouse 18 Jul 2008 - 12:53
Is the Mining Sector Souring? 18 Jul 2008 - 12:52
Gold Edges Above $970 on Inflation Worries 18 Jul 2008 - 12:40
Australia's Export Price Boom Underpins Economy: Chinese Demand Fuels Windfall Revenues From Iron Ore, Coal Exports 18 Jul 2008 - 12:39

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Pictures of the Day

thisismoney.co.uk:
BHP Hits High But Fears Chilean Output Fall
BHP Billiton News

telegraph.co.uk:
De Beers Warning As Diamond Demand Slows
De Beers News · Diamond Prices News

bloomberg.com:
China Lets Child Workers Die Digging in Congo Mines for Copper
Congo Kinshasa Copper News

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Press Releases

• (SMKG:Pinksheets) 1st Qrtr 08 increases 637% for same period last year, Pinksheets upgrades status. [23 Jul 2008]

• CDM Lavoisier launch new website to celebrate 120 years of existence! [23 Jul 2008]

• Jennifer Martin Realty's Official Ribbon cutting with Las Vegas Mayor Oscar Goodman. [23 Jul 2008]

• Documenting Life's Cause and Effect Episodes [23 Jul 2008]

• Dick Van Dyke headliner on new Vantastix album [22 Jul 2008]

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Event Listings

London Oil Week 2008, 17 - 20 November

15th Africa Oil Week 2008, 6th - 10 October

14th Annual Asia Upstream 26-27 February 2009

PLACE EVENT LISTING HERE!

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EIN News Columnists

• The Next President Will Have to Address This Threat to National Security: The Pentagon's Budget (Joe Rothstein's Commentary) [22 Jul 2008 - 20:19]

• It's the Economy, Stupid! A Short History of the Fallacy of the GDP Measurement. (By Tracy Dove, the Naked Historian) [18 Jul 2008 - 10:26]

• Yes, There Has Been A Whole Lot of Whining Going On [13 Jul 2008 - 19:34]

• It's Time for The U.S. to Graduate From The Electoral College (Joe Rothstein's Commentary) [09 Jul 2008 - 10:55]

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Mining Companies News

• Newcrest output down on Varanus gas crisis [24 Jul 2008 - 07:29]

• De Beers optimistic about talks with S.Africa union [24 Jul 2008 - 07:25]

• Two accused in $15,000 mining company theft [24 Jul 2008 - 07:02]

• UPDATE 2-Potash Corp workers give strike notice for Friday [24 Jul 2008 - 06:30]

• BHP Billiton makes huge copper discovery in Chile [24 Jul 2008 - 06:29]

• Freeport-McMoRan 2Q profit dips on one-time costs [24 Jul 2008 - 05:07]

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Precious Metals News

• Gold futures falls to US$917.5 [24 Jul 2008 - 07:31]

• UPDATE 3-Gold bounces from 2-wk low, platinum near 6-mth trough [24 Jul 2008 - 07:22]

• Gold bounces from 2-wk low, platinum near 6-mth trough [24 Jul 2008 - 07:05]

• Gold miner's son seeks energy refuge in solar [24 Jul 2008 - 04:54]

• Gold futures decline in early trading on weak global cues [24 Jul 2008 - 04:28]

• UPDATE 2-Gold hits 2-week low on oil, platinum at 6-mth trough [24 Jul 2008 - 04:09]

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Base Metals News

• 'Orissa can emerge as aluminium hub' [24 Jul 2008 - 07:19]

• BHP Billiton makes huge copper discovery in Chile [24 Jul 2008 - 06:29]

• Man Wanted for Stealing Copper Wire From 26 Poles [24 Jul 2008 - 06:23]

• Teck Cominco profit rises on copper and coal sales [24 Jul 2008 - 04:00]

• Copper development plan goes to commissioners [24 Jul 2008 - 04:00]

• Copper development plan goes to commissioners [24 Jul 2008 - 03:28]

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Coal Mining News

• Australian coal upgrading company White Energy lists ADRs in US [23 Jul 2008 - 20:59]

• Coal and gas could power Maryland energy complex [23 Jul 2008 - 16:28]

• Peabody Energy's 2Q earnings more than double as coal prices and demand rise [23 Jul 2008 - 14:27]

• Peabody Energy's 2Q earnings more than double coal prices and demand rise [23 Jul 2008 - 13:35]

• Coal a 'tight' commodity that will continue to see skyrocketing prices: CEO [23 Jul 2008 - 09:58]

• Coal and gas could power W. Md. energy complex [23 Jul 2008 - 02:34]

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Diamond Mining News

• Diamond Offshore Drilling (DO) NewsBite - DO Tumbles on Slipping Oil Prices [24 Jul 2008 - 01:07]

• Diamond Offshore Drilling (DO) NewsBite - DO Tumbles on Slipping Oil Prices [23 Jul 2008 - 21:02]

• De Beers says diamond demand still strong [23 Jul 2008 - 20:53]

• Diamond Discoveries Engages Westminster Securities [23 Jul 2008 - 20:52]

• De Beers powers ahead with three new diamond mines [23 Jul 2008 - 15:00]

• Federal Trade Commission Denies Petition against Cultured Diamonds [23 Jul 2008 - 09:05]

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Iron & Steel Industry News

• Evraz to Join the Club of 5 Biggest Steelmakers // Business News (Jul 24, 2008) [24 Jul 2008 - 07:26]

• 'Tata Steel to start work on Kalinga Nagar project soon' [24 Jul 2008 - 07:24]

• Billionaire proposes iron ore merger [24 Jul 2008 - 06:21]

• Global stainless steel production recovers in first quarter [24 Jul 2008 - 05:30]

• POSCO gunning for world's top heavy-plate maker [24 Jul 2008 - 04:29]

• Iron Ore Holdings partners Rio Tinto to develop a new iron ore mine in the Pilbara - Quick Facts [24 Jul 2008 - 04:28]

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