Barrick Gold Corp , soon to become the world's largest gold miner, is interested in adding more copper assets as long as the red metal is accompanied by bullion, executives said on Friday.
Prior to the closing of the Arrangement, the parties completed the previously announced amendment to the Company's Gold Purchase Agreement with Sailfish Royalty Corp. and the Marlin Reorganization, The post Golden Reign, Marlin Gold merge to form Mako Mining appeared first on Compelo Energy.
Vedanta lacks captive bauxite resources, unlike its peers. : Metals & mining conglomerate Vedanta Ltd is planning to ramp up its Lanjigarh alumina refinery capacity to six million tonnes per annum (mtpa), up from one mtpa now. Vedanta's proposal for expansion was recently cleared by the High-Level Clearance Authority (HLCA), the apex body to approve investments in Odisha. "Our Lanjigarh refinery expansion will happen in a staggered manner. In Phase-I, we will scale up capacity to four mtpa and we hope to achieve this by March 2020.
Moving Beyond Coal For Green Power: How To Create An Alternative Economy Using Dmf Funds In Coal Mining Areas - The Financial Express
The existing overcapacity, coupled with increasing non-competitiveness of coal power plants, means that the country doesn't need to construct new coal power plants till 2027.
The two pipe conveyor projects will transport ore from the mines to the company#39;s plant in Karnataka. : JSW Steel is investing nearly Rs 350 crore to set up two pipe conveyor projects that will transport ore from the mines to its plant in Karnataka. The projects, which will be completed by the end of the present financial year, will save the company as much money - around Rs 350 crore - in annual logistics cost to transport the raw material. At present, hundreds of trucks are deployed to move the ore from the mines to the plant in Vijayanagar.
Emerging-market borrowing from China is seldom in the form of securities issued in international capital markets. : Over the past 15 years, China has fuelled one of the most dramatic and geographically far-reaching surges in official peacetime lending in history. More than 100 predominantly low-income countries have taken out Chinese loans to finance infrastructure projects, expand their productive capacity in mining or other primary commodities, or support government spending in general.
CAMBRIDGE, Mass. (Project Syndicate) -- Over the past 15 years, China has fueled one of the most dramatic and geographically far-reaching surges in official peacetime lending in history. More than 100 predominantly low-income countries have taken out Chinese loans to finance infrastructure projects, expand their productive capacity in mining or other primary commodities, or support government spending in general. But the size of this lending wave is not its most distinctive feature.
Infrastructure and mining equipment maker Tata Hitachi has lined up Rs 250 crore investment over the next two years in West Bengal and Karnataka despite cost and margin pressure it is facing now, a top official said Wednesday. "We will invest Rs 250 crore in plants of Kharagpur in West Bengal and Dharwad in Karnataka over the next two years," Tata Hitachi managing director Sandeep Singh said Wednesday. He, however, did not elaborate on investment break-up between the two plants.
rising iron ore prices defy reports of a slowing Chinese economy. : China's manufacturing industry might have slowed slightly this month but its construction sector could be in the first stages of a government-sponsored boom if a 20% rise in the price of iron ore over the past three months is a guide.