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Central Asia Mining News is an EIN News Service for mining professionals. Constantly updated news and information about Central Asia Mining.
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  • U.S. miner to develop major chromite play 24 Nov 2009 12:37 GMT
    ... is vying to become the next hot metal in Canada. A major U.S. mining company is jumping in to the action ... with plans to build the first chromite mine in North America after striking a friendly ...

  • Positive US housing data pushes FTSE into the black 24 Nov 2009 12:31 GMT
    ... housing market and a new record for gold prices. Stocks were firmly back in vogue ... of the previous week as the heavyweight mining sector reaped the rewards of the rising ... rise, up 371/2p to 913p. Meanwhile gold miner Randgold Resources rose 170p higher to 5120p as ...

  • STOCKS NEWS UK-Aquarius Platinum retreats on bond launch 24 Nov 2009 11:10 GMT
    ... Aquarius Platinum fall 9 percent after the miner says it plans to launch a $250 ... the heaviest fallers among a broadly softer mining sector, with traders citing talk that Chinese ... the previous session, with Monday's strength in metal prices reversing. Fresnillo, Vedanta Resources, Kazakhmys, and ...

  • De Beers to sign new diamond deal with Namibia 24 Nov 2009 10:37 GMT
    ... has prompted the government to explore uranium mining and gas fields, in a bid to ... Rossing Uranium had been Namibia’s sole uranium mine since the 1970s, till a second mine ... to the World Nuclear Association, the two mines have a capacity to produce 10% of the ...

  • Miners and metals lead Footsie rally 24 Nov 2009 06:13 GMT
    ... Published: November 23 2009 08:52 | Last updated: ... | Last updated: November 23 2009 21:07 Miners led the way on Monday as the ... biggest daily gain for seven weeks. The metals producers gained as a falling dollar and ...

  • U.S. miner to develop major chromite play in Ontario 24 Nov 2009 04:35 GMT
    ... U.S. miner to develop major chromite play in Ontario Cliffs ... hot metal in Canada. A major U.S. mining company is jumping in to the action ... with plans to build the first chromite mine in North America after striking a friendly ...

  • Part Two: Trying to Find a Needle without Touching the Hay 24 Nov 2009 04:33 GMT
    ... induction and ground-penetrating radar, pioneered by the mining industry, to get images of what might ... companies to operate Oyu Tolgoi, the largest copper-gold mine in the world. [ ]. Other sources in ...

  • Part Four: Mining the Legacy for Modern-Day Profit 24 Nov 2009 04:33 GMT
    ... THE SEARCH FOR GENGHIS KHAN MINING THE LEGACY FOR MODERN-DAY PROFIT Joshua Kucera 11/11/09 ... digging up the grave. "It's so much more interesting to me if they find the ... day. "There is so much treasure and gold buried with him, so if the grave is ...

  • Best books of the decade 24 Nov 2009 04:30 GMT
    ... The Times' 100 Best Books of the Decade Do ... riven by bitter strike, becomes an anarchic Miner 49er. Gather stale baguettes dropped by the callous mine-owner and throw garlic at the police. Locate ...

  • Jakarta Shares May See Positive Bounce 24 Nov 2009 02:22 GMT
    ... winning streak in which it had collected more than 105 points or 4 percent in ... in the price of commodities - especially gold. Financials and airlines also are expected to provide ... financials in spite of gains from the mining companies. For the day, the index shed 5.94 ...

  • Cliffs prepares to tackle ferrochrome market 24 Nov 2009 00:40 GMT
    ... laid out a plan to build chromite mines and electric arc furnace smelter facilities producing ... right part of the world." The chrome mining and ferrochrome smelting project that Cliffs is ... on preliminary data on the orebodies, the miner believes it has 30 years of production ...

  • Market overview: Footsie up 104 23 Nov 2009 19:54 GMT
    ... sharp mark-ups in the price of gold miner Randgold and silver and gold miner Fresnillo. ... prices at 14-month highs have Lonmin, which mines for the precious metal in South Africa, ... top of the FTSE 100. Away from mining, banks RBS and Standard Chartered are higher ...

  • FTSE up almost 2% 23 Nov 2009 19:02 GMT
    ... housing market and a new record for gold prices. Stocks were back in vogue as ... of the previous week as the heavyweight mining sector reaped the rewards of the rising ... rise, up 37.5p at 913p. Meanwhile gold miner Randgold Resources rose 170p higher to 5120p as ...

  • Footsie 100 points higher 23 Nov 2009 17:33 GMT
    ... all sported chunky gains. There was also good news ... to £156.26m from £151.56m a year earlier. Miner has agreed to buy rival Zambia-focused base metal miner in a cash and share deal ...

  • Miners power forward 23 Nov 2009 16:15 GMT
    ... LONDON (SHARECAST) - Miners have soared on a combination of dollar ... have to be covered, traders say. Other metals have also soared with copper and platinum ...

  • Market overview: Triple-digit gains for FTSE 100 23 Nov 2009 15:53 GMT
    ... prices at 14-month highs have Lonmin, which mines for the precious metal in South Africa, ... top of the FTSE 100. Away from mining, banks RBS and Standard Chartered are higher ... FTSE 100 up 109 at 5,360. Platinum miner Lonmin is now the best performer in ...

  • IBC Advanced Alloys Signs Letter of Intent With Kazatomprom 23 Nov 2009 14:52 GMT
    ... agreement whereby Kazatomprom's wholly owned subsidiary, Ulba Metallurgical Plant, will supply beryllium and beryllium alloys ... terms. Second, Kazatomprom and IBC agree to explore strategic partnerships, which may include direct or ... news release. INDUSTRY: Manufacturing and Production - Mining and Metals SUBJECT: BFC ...

  • Market overview: Miners jump as metals shine 23 Nov 2009 14:33 GMT
    ... Platinum miner Lonmin is now the best performer in ... rise. FTSE 100 up 90 at 5,342. Miners still dominate the risers in a buoyant ...

  • Opening View: Fed Comments Send Dollar Plunging, Wall Street Soaring 23 Nov 2009 14:32 GMT
    ... Opening View: Fed Comments Send Dollar Plunging, Wall ... in electronic trading, a move that helped miners advance. Shares of Randgold Resources rose 5.2%, silver miner Fresnillo advanced 4.1% and copper miner Kazakhmys ...

  • Cliffs Natural Resources Inc. Announces Definitive Agreement to Acquire Chromite Deposits From Freewest Resources Canada 23 Nov 2009 13:26 GMT
    ... Resources to apply its expertise in open-pit mining and mineral processing to a chromite ore ... America's only ferrochrome production operation. The planned mine is expected to produce 1 million to ... unit is comprised of six iron ore mines owned or managed in Michigan, Minnesota and Eastern ...

  • FTSE 100 buoyed by mining and energy shares 23 Nov 2009 13:23 GMT
    ... was 88.75 points higher at 5,340.16 after it closed ... and fell in the previous three sessions. Miners led the rally as gold powered to a record above $1,160 (£698) ...

  • Cliffs Natural Resources Inc. Announces Definitive Agreement to Acquire Chromite Deposits From Freewest Resources Canada, Inc. 23 Nov 2009 12:30 GMT
    ... Resources to apply its expertise in open-pit mining and mineral processing to a chromite ore ... America's only ferrochrome production operation. The planned mine is expected to produce 1 million to ... unit is comprised of six iron ore mines owned or managed in Michigan, Minnesota and Eastern ...

  • Miners lead the charge 23 Nov 2009 10:56 GMT
    ... twelve-month highs it hit last week as mining stocks jump higher on the back of rising metals prices. Precious metals stocks in particular are ... the top risers. In industrial metals, Kazakh miner ENRC is a strong riser. There’s also ...

  • Market overview: Blue chip index up 1.7% 23 Nov 2009 10:33 GMT
    ... The FTSE 100 is up 91 at 5,343. Miners still dominate the blue chip leader board as metal prices surge. Gold is at another record high. Eurasian Natural Resources is up almost ...

  • Glance-Commodities, bank gains power 1.7 pct rise in FTSE 23 Nov 2009 10:12 GMT
    ... By Simon Falush LONDON, Nov 23 (Reuters) - Buoyant ... 23 (Reuters) - Buoyant commodity prices lifted miners and energy stocks, while improved risk appetite also ... three sessions. Miners led the rally as gold powered to a record above $1,160 an ...


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