Korea Resources Corporation

12/11/2013

RIGZONE News - leading source for the latest news and information for the oil and gas industry

12/11/2013

Economic forecaster BIS Shrapnel has said that the mining industry would continue to be a positive driver of the Australian economy over the next five years, despite a predicted fall in investment in the sector. In its ‘Mining in Australia 2013 to 2028’ report, BIS said that mining investment, produ...

21/04/2013

ASX-listed Tiger Resources on Friday said there will be no material impact on its operations or the continued sale of copper concentrate from its Kipoi copper mine, in the Katanga province, in the Democratic Republic of Congo (DRC), after the country’s government banned the export of copper and coba...

21/04/2013

Democratic Republic of Congo has banned exports of copper and cobalt concentrates to encourage more value-added production, according to an order from the Mines Ministry obtained by Reuters on Wednesday. The order, dated April 5 and signed by Mines Minister Martin Kabwelulu, provides companies 90 d...

03/10/2012

Despite the magnitude of this contribution, however, coal's past is only prologue to its future. The United States has more coal than OPEC has oil and more coal than Iran and Russia have natural gas. Coal can reliably provide affordable electric power to Americans for the next 250 years or more. In ...

07/09/2012

SHANGHAI/BEIJING: China has given the green light for 60 infrastructure projects worth more than $150 billion as it looks to energise an economy mired in its worst slowdown in three years, fuelling ho

07/09/2012

US energy major Peabody Energy on Friday denounced claims that it had shelved the sale of its Wilkie Creek coal mine, in Queensland, as commodity demands declined. In a short statement, Peabody said that the sales process for the Wilkie Creek mine remained under way, and added that discussions with...

07/09/2012

Just days after BHP Billiton announced it would mothball more than $60B in expansion projects, the company announced it had signed an agreement to sell its Yeelirrie uranium deposit to Cameco for $430M.

04/09/2012

04/09/2012

London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.

04/09/2012

Diversified miner Anglo American has completed the sale of a 25.4% stake in its Chilean copper assets to a joint venture (JV) consisting of Codelco and Japanese partner Mitsui for $1.7-billion, the company reported on Monday. Last week, Anglo and Codelco announced that their ten-month dispute over A...