Are These Juniors Wired into the World’s Next Mining Mega-project?
Billions of investment dollars are headed for Ontario’s Ring of Fire — and projects held by two small companies.
Chromium Market Update (April 17, 2013)
A brief overview of chromium price developments, supply and demand and significant market movers.
India “Pulls a China” on the Chromite Market
New documents showing that India wants to cut its chromite exports may have big implications for the global market.
Chromium Market Update (February 13, 2013)
A brief overview of chromium price developments, supply and demand and significant market movers.
Company News
China Gerui Lands Three More International Customers
China Gerui Advanced Materials Group Limited (NASDAQ:CHOP) announced that after an aggressive marketing campaign they have increased their international customer base.
Vulcan Minerals Acquires 51 Percent Interest in Tasisuak Lake Property
Vulcan Minerals Inc. (TSXV:VUL) that they have acquired a 51% working interest in the Tasisuak Lake property in northern Labrador from Nortec Minerals Corp for 1,000,000 common shares.
Noront Resources Appoints Peter Mah and Yuanqing Xu to Board of Directors
Noront Resources (TSXV:NOT) announced the appointment of Mr. Peter Mah and Mr. Yuanqing Xu to the company's board of directors.
Vulcan Minerals Acquires Interest in Tasisuak Lake
Vulcan Minerals Inc. (TSXV:VUL) announced that it has acquired Nortec Minerals Corp's 51% working interest in the Tasisuak Lake property in northern Labrador.
Market News
Kazakhstan Lifts Moratorium on New Mining Licenses
Reuters reported that Kazakhstan has agreed to lift a moratorium on granting new mining licenses.
Sterlite Copper Smelter to Remain Closed Until April 29th on Toxic Emissions
Reuters reported that India's largest copper smelter, owned by Sterlite Resources is to remain closed until at least April 29th over complaints of toxic emissions.
Sterlite Industries Fined 1 Billion Rupees for Environmental Infractions at Indian Plant
Reuters reported that Sterlite Industries has been fined 1 billion rupees for breaking environmental regulations at an Indian plant that has recently been closed because of environmental hazards.
SA African Miners Could Be Eligible for Additional R&D Tax Deductions
Mining Weekly reported that benefication has taken a big step forward in South Africa with the introduction of R&D tax incentives for mining companies, which could mean an extra 50 percent income tax deduction on eligible R&D expenditures.
