SAMSSA News

06.02.2005

Northeastern Ontario a hotbed for mining products and services – 06/05

Sudbury Mining Solutions Journal A recently con-cluded study rev-eals that north-eastern Ontario’s mining industry has entered a new – and historic – phase. Some have referred to this major shift as the “tipping point” in mining in northeastern Ontario. “For the first time in Sudbury and area’s 120-year history as a mining community, it is […]

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06.01.2005

China, Chile sign joint copper venture deal

By Chen Hua (China Daily) China and Chile signed an agreement yesterday to establish a joint venture (JV) to develop copper mines in Chile. China’s biggest metal trading company, China Minmetal Corporation (Minmetals), is to team up with Chile’s biggest copper producer, Codelco, to establish a 50-50 joint venture with an initial investment of US$550 […]

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05.31.2005

Eldorado To Become Significant Gold Producer In China Through Acquisition Of Afcan Mining Corporation

VANCOUVER, BC – Eldorado Gold Corporation (“Eldorado”, the “Company” or “we”) and Afcan Mining Corporation (“Afcan”) (TSX: AFK) today announced that they have entered into an agreement whereby Eldorado will acquire all of the issued and outstanding shares of Afcan. Afcan is an emerging gold producer that owns an 85% interest in Tanjianshan Gold Project […]

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05.31.2005

China’s Energy Demands Fueling Canada’s Uranium Exploration in Asia

Asia Pacific Bulletin Canadian mining companies paid close attention to recent reports that the Central Asian republic of Kazakhstan plans to become the world’s leading producer of uranium by 2010. With just 9.4% of global uranium production in 2004, Kazakhstan trails far behind Canada (29.2%) and Australia (22.6%) as the world’s number three producer, but […]

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05.30.2005

Report Analyzes Hong Kong as a Trading Partner and Investment Platform for Canadian Companies

Canadian executives consider Hong Kong to be a good platform for doing business with Mainland China, according to a new survey by the Asia Pacific Foundation of Canada, the Canadian Chamber of Commerce in Hong Kong and the Hong Kong Canada Business Association. The full results of the survey – which covers a range of […]

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05.30.2005

A flair for innovation – 06/05

BY NORM TOLLINSKY Sudbury Mining Solutions Journal Marcotte Mining Provides Helps Trim Costs The Diavik Diamond Mine in Canada’s Northwest Territories was recently able to trim its costs for a fleet of utility trucks thanks to some creative product design and engineering by Marcotte Mining Machinery Services Inc. of Sudbury. A joint venture of Rio […]

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05.30.2005

Battlefield on the march – 06/05

Sudbury Mining Solutions Journal One of the world’s largest Caterpillar dealers has beefed up its presence in the Northern Ontario market. Toromont Industries Ltd. recently purchased Sudbury-based Access Rentals and Supply Limited for its wholly owned Battlefield Equipment Rentals division. The company operates Caterpillar sales and service branches in Sudbury, Timmins, Sault Ste. Marie and […]

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05.25.2005

Logistics put in shop window

China Daily May 25, 2005 China’s burgeoning warehousing logistics industry, which is to be fully opened up next year, offers huge opportunities for overseas investors. And to make the proposition even more attractive, the Chinese Government is making efforts to improve the investment environment. Speaking at the International Federation of Warehousing Logistics Associations (IFWLA) Annual […]

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05.24.2005

MCC to Invest USD650mn in Ramu Nickel Project of Papua New Guinea

BEIJING, May 24, SinoCast — China Metallurgical Construction Group Corporation (MCC) signed cooperation MOU with Papua New Guinea and also agreements on Ramu nickel and cobalt project in Beijing on May 19. According to the MOU, Papua New Guinea government would provide opportunities for MCC to invest in fields like mineral resources exploitation, agriculture, fishery […]

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05.16.2005

UGL Enterprises Acquires Six New Uranium Licences in Mongolia

Vancouver-based mining company UGL Enterprises Ltd. announced that it has acquired six Mongolian exploration licences totalling approximately 98,000 hectares. UGL now has acquired 10 uranium properties through licence application or outright purchase, covering over 250,000 hectares throughout Mongolia. The new licences are located in the Mongolian provinces of Khovsgol, Khentii, Dungobi and Dornogovi. Information summarized […]

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