Andy Choi

Articles from Andy

Vale SA Looks to Pump $10 Billion into Canada

Brazilian mining giant Vale SA is looking forward to investing about $10 billion in Canadian Mining. Vale had entered Canada by taking over Inco Ltd, a nickel mining company in 2006. The company had paid nearly $20 billion for the investment however things have not gone too smoothly for Vale in Canada.

18 Nov 2010

Taseko Mines Knocked Back on Prosperity Mine

The Canadian Government has refused Taseko Mines Ltd’s application to build the Prosperity copper and gold mine. The decision will save Fish Lake, located southwest of Williams Lake, but will also raise a question about future investments in the mining industry in British Columbia.

3 Nov 2010

Eldorado Gold Corp Ships First Iron Ore from Brazil

Eldorado Gold Corporation has shipped the first shipment of iron ore from its Vila Nova mine in Brazil. The Canadian company had bought its Australian rival Sino Gold last year.

3 Nov 2010

Mine Rescue Robots

Coal miners may soon have new guardian angels in China in robotic form. Given the rather dismal safety record of Chinese mines this is seen as a positive move. A factory in north China is going to begin producing coal mine rescue robots that will enter the hazardous areas of mining accidents to collect data.

2 Nov 2010

Banks Look to Distance Themselves from Mountaintop Removal Mining

Banks are looking to distance themselves from activities that they think may damage their reputations and bottom lines. One such activity of mountaintop mining practices.

30 Aug 2010