Posted by mining | Posted in mining news, uranium | Posted on 05-02-2012
Uranium
Radioactive ores were first extracted at Radium Hill in 1906, and Mount Painter in South Australia in the 1930s, to recover radium for medical use. Several hundred kilograms of uranium were also produced.
Of the world’s proven estimated uranium reserves (5,469,000 tonnes), 23% are held in Australia (1,243,000 tonnes), ahead of Kazakhstan (15% or 817,000 tonnes). Other major world reserves are held in the Russian Federation, South Africa, Canada, USA, Brazil and Namibia (37% combined).
In terms of production, Canada is the largest supplier to export markets, followed by Kazakhstan and Australia. Australia exported 50,235 tonnes of uranium oxide concentrate in the five years to 2008, worth A$2.9 billion. Read the rest of this entry »
Posted by mining | Posted in mining news | Posted on 23-01-2012
Sahit Muja: Huge reserves of minerals discovered in Tropoje, Albania.
Large reserves of platinum, rhodium, ruthenium, palladium, iridium and Osmium have being discovered in Tropoje, Albania
New chemical results have showing that chrome ore and olivine extracted by Albanian Minerals & Bytyci SHPK in Tropoje, Albania have showing huge presence of Platinum and other rare earth metals.
According to Albanian, Italian and Chinese engineers, working for Albanian Minerals and Bytyci ShPK in Tropoje, Albania area from Tropoje to Kukes my have more than 500 million tons of chrome ore and more than 2 billion tons of olivine in which platinum is 5 – 7 grama present per ton.
This gigantic of body of ore is one of the largest in the world.
In 2011 huge deposits of chrome ore olivine and magnesium ore have been found in Vlad, Pac, Corraj, Zogaj, Kam, Kepenek, Zherke, Stoberde, Rrogam, Luzhe, Berishe, Lugu i Zi, Dege and Tpla .
The body of this large ore extends a hundred kilometers long from Lugu i Zi, Tropoje to Vlahen, Kukes and 50 miles wide from Zogaj to Tpla,Tropoje.
Albanian Minerals and Bytyci Shpk has intensified exploration and started mining in Zogaj, Pac, and Vlad.
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Posted by mining | Posted in mining news | Posted on 09-01-2012
The Minerals and Mining Law of 1986 (PNDCL 153) as published by the Minerals and Mining (Amendment) Act 1994 (Act 475) and the Minerals and Mining Bill of 2005 (Act No. 703) as amended, regulates mining in Ghana . Under the Minerals and Mining Law, mining companies must pay royalties, the company may also pay corporation tax at standard rates. The companies are used by customs duties on equipment, devices, machines and equipment for the mining industry, but local property taxes must be paid to their estate. The 1986 mining law was in attracting more than $ 5 billion in foreign investment involved in the Ghanaian mining industry 1986-2002. The 1994 amendments reduced the 45% general mining corporate tax rate to 35%, which is the same as that imposed on other industries. Read the rest of this entry »
Posted by mining | Posted in mining news | Posted on 08-01-2012
To process the institution works to the ore to nuclear material, Iran is all set to share nuke technology with Africa, says chief Iranian nuclear program.
Fereidoun Abbasi says Iran has mastered the entire nuclear fuel cycle from mining uranium ore to the production of fuel for nuclear reactors and is willing to share the technology. Abbasi comment was reported by a news agency on Saturday. Read the rest of this entry »
