Iron Range hoping stimulus jumpstarts mining industry
With the taconite industry in the dumps, many people on Minnesotas Iron Range are eagerly awaiting a federal stimulus package. Already one taconite company has shut down production and others have trimmed workers. In Minnesota, the Iron Range might b...
Model quarries to get Rs 12 billion annually
ISLAMABAD: The government will complete the establishment of 10 model quarries in 18 months, which would generate about Rs12 billion annually and would also help in generating employment opportunities across the country. Federal Minister for Industri...
Real Gold Mining Rises Closing Prices 10.6% on Trading
IShares in Chinas Real Gold Mining (0246.HK: Quote, Profile, Research) were set to open 10.4 percent higher in their trading debut on Monday after the company raised $132 million in a Hong Kong IPO that was priced at a sharp discount to its peers. In...
Egypt Mining Project Reported Net Income Increase 14%
Natural Gas Mining Project, Egypts largest publicly traded gas distributor, said full-year profit advanced 14 percent. It didnt give a reason for the gain. Net income rose to 144.2 million Egyptian pounds ($26 million) in the year ended Dec. 31, from...
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