Shortly after a strategic partnership pact with Afghanistan signed, India’s involvement in Kabul is ready to bloom further with two Indian companies, one of them a government-backed consortium led by SAIL, is likely to contract for iron ore mining win Hajigak in Bamiyan province. In a country where – according to U.S. government estimates – there are untapped mineral resources worth one trillion U.S. dollars, the Hajigak iron ore mines, the largest foreign investment by a country for such a project in war-torn country. Read more
The House voted Wednesday to more than 2,400 acres of the copper-rich federal land in Pinal County, Arizona’s swap with a mining company that plans to develop the third-largest undeveloped copper resource in the world. Resolution Copper Mining said the project would be 3,700 jobs and $ 61 billion in the region more than 40 years. The company gives the government more than 5300 hectares of land in exchange. Read more
Mozambique is ready for a major coking coal producer to be within the next three to five years, the coal industry accounts for 61% of the total value of the pipeline, Frost & Sullivan research associate Tawii Christy said on Wednesday. In a teleconference with mining investors, analysts, investment banks and other stakeholders, she said the total value of mining projects in seven commodities was $ 11.6 billion, of which the coal industry accounts for $ 7.1 billion. Read more
The Ministry of Mines has shown that five foreign mining companies, including Allana Potash, NOVA Potash, BHP World Exploration Belton, Saynic Potash, G and B Central Africa Resources Limited, have invested in potash mining in Ethiopia. According to the Ministry, the potash mining projects located in Dalol. Last week, Allana Potash stated that she has three zones of potash deposits in the northwestern parts intersected in Hole DK-11-28. The Allana management believes that the potash in the region is expected to be amenable to open pit mining. The region where the new holes Allana has discovered, along with the old, is rich in potassium minerals, which occur at greater depth below the surface. Read more
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Foreign investors in mineral-rich Mongolia hopes that Parliament will repeal a controversial law against mining in the river and forest areas of the country as it gathered for its busy autumn session next month. The ban, imposed in 2009, was derided as “half baked” and “reflex” by representatives of foreign investors in mining Ulan Bator. While dozens of projects were shut down, hundreds more remain in operation, but in a state of legal limbo.
“Nobody really knows what projects are banned – the problem is you do not know if you wake up one morning and find that the laws have changed and you mine is no longer legal,” said a representative of a foreign mining company in Ulan Bator . Read more
At the weekend, reports of an oil sheen 100 miles long south of the Louisiana coast on the Gulf of Mexico made an emergency in areas devestated by last year Deepwater Horizon oil spill. Local officials and the U.S. Coast Guard were called to investigate and discovered what appear to be separate incidents.
In one incident, a dredging project seems to have created a mile-long plume of oil, grease and sludge from the mouth of the Mississippi. Pesticides and nutrient discharge of the river also contributes to an annual hypoxic “dead zone” in the Gulf, which extends each summer when the weather gets warmer. The Coast Guard has confirmed the presence of hydrocarbons in the giant underwater plume, leading to the conclusion that dispersed oil from the BP incident has disturbed the seabed and is now expanding through the water column. (more…)
BAISHAZHEN, China – the biggest three elderly rice farmers had outsiders write an illegal quarry to show himself the gangster-run mine that has poisoned his village fields and streams.
Suddenly, a blue Hyundai sport utility vehicle accelerated to himself in a cloud of red dust. A Toyota pickup pulled behind ITS Tinted windows too dark to see how many people Might Be inside.
“Go away!” The Hyundai driver yelled at the old man and his visitors, including an American reporter. “We’ll cut you all up, slaughter you all and burn your car!”
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Exxon Mobil Corp. Recognized under political pressure Monday, which is the scope of its pipeline leaks in the Yellowstone River can extend well beyond a 10-mile stretch of the famous waterway.
Because the company intensified its clearing tens of thousands of gallons of crude spilled Pipeline Co.., Exxon Mobil. Gary Pruessing president promised to do “what is necessary” to search and mop oil from the 12-inch pipeline at the bottom of the river that broke over the weekend. (more…)
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