A Blog for Browsing Mining, Mineral Processing, and Metals Info

FRANKFORT, Ky. (Feb. 28, 2014) – Gov. Steve Beshear announced today that after a meeting with U.S. Energy Secretary Ernest Moniz this weekend, the new project proposed for land adjacent to the Paducah Gaseous Diffusion Plant (PGDP) is moving forward, which will create new jobs and provide stability for the well-trained workforce of that region.

Beshear requested the meeting to discuss in greater detail plans by GE Hitachi to apply for a license to construct the Global Laser Enrichment (GLE) project on land next to the PGDP. The GLE has advised theNuclear Regulatory Commission (NRC) that it will make application by this fall to construct and operate the new laser enrichment facility.

Read more at: http://www.lanereport.com/29985/2014/02/governor-announces-continued-progress-on-future-project-for-paducah-gaseous-diffusion-plant/

Feb 27 (Reuters) – Canada has no plans to further ease rules for foreign investment in uranium mines after Ottawa moved to give European Union firms more leeway, a senior official said on Thursday.

As part of a Canada-European Union free trade deal that was announced in principle last year, Ottawa waived a longstanding requirement that EU buyers take on a Canadian partner in uranium mines.

Read more at: http://in.reuters.com/article/2014/02/27/canada-mining-uranium-idINL1N0LW1PX20140227

Mr. Peregoodoff has joined the board of directors of VanadiumCorp effective immediately. The board appointment comes at an unprecedented time of positive change and new direction. Mr. Peregoodoff has over 25 years of mining and petroleum industry experience, including 18 years with BHP Billiton and has extensive global exploration, operations and business development experience.

Read more at: http://online.wsj.com/article/PR-CO-20140227-911080.html

Zhaolin Liu from the A*STAR Institute of Materials Research and Engineering in Singapore, in collaboration with Aishui Yu and co-workers from Fudan University in China, has developed a carbon nanotube electrode that can alleviate recharging problems in lithium-oxygen batteries, thanks to a support made from three-dimensional nickel foam.

Read more at: http://dailyfusion.net/2014/02/nickel-foam-nanotechnology-enable-lightweight-lithium-batteries-27006/

(Reuters) – China’s Ministry of Commerce (MOFCOM) plans to issue new draft rules in the first half of this year giving the authority more say in global merger transactions that may have an impact on domestic customers.

China is increasingly using antitrust rules to impose conditions on global deals, including the $35 billion merger of Switzerland-based miner Glencore Xstrata PLC .

Read more at: http://www.reuters.com/article/2014/02/27/us-china-mofcom-idUSBREA1Q0BI20140227

Sydney: Australian billionaire Gina Rinehart’s Roy Hill iron ore project is close to finalising a $7.8 billion financing deal, sources said, a vital step towards an end-2015 start for the giant mine in Western Australia’s iron-rich Pilbara district.
The 55-million tonnes-a-year project, which would make Roy Hill Australia’s fourth-largest iron ore producer, will add to hefty new supplies coming on line from Rio Tinto, BHP Billiton and Fortescue Metals Group.

Read more at: http://www.dailytimes.com.pk/business/27-Feb-2014/australia-s-rinehart-nears-7-8bn-mine-finance-deal

Singapore 26/02/2014 – Russian metal producers UC Rusal and Norilsk Nickel  plan to invest up to $US6 billion in Indonesia’s mining sector this year despite concerns emanating from the recent mineral export ban that has worried foreign investors.

“The commitments were delivered in a meeting between President Susilo Bambang Yudhoyono and CEOs of the two Russian companies on the sidelines of the Asia-Pacific Economic Cooperation summit in Russia last week,” Industry Minister M.S. Hidayat said, according to reports by a local media.

See more at: http://www.fastmarkets.com/aluminium-news/71746-0-en#sthash.FknXqhMO.dpuf