Lincoln Gold U.S. Corp., a subsidiary of Lincoln Mining Corp. has signed a Letter of Intent with ADGIS. Letter of Intent regarding acquisition of mining assets in the Imperial County, California. Mining assets include Cruz Oro gold mine. Payment of royalties from gold mining exploration worth U.S. $ 50,000 per year and will increase to U.S. $ 200,000 per year in the 7th year.
Read More….
Project underground coal gasification in Mongolia will be undertaken by a joint venture company. The project will explore coal 1.8 billion tons of coal deposits in Mongolia. Companies that participate in coal gasification projects, among others : Yusenjiayu Beijing Environmental Protection Technology, Inner Mongolia, Xin Gu Goldbridge Mining and Energy Clean Tech. Read More…
India is a coal export destination countries that are always growing. Every year India increased coal demand. Essar Group is a mining company that helps fulfill the coal supply in India. Every year Essar supply 6 million tons of coal. The Company has a contract with the Indian government to supply coal for 25 years.
Read More…
Growth of industrial sector in China is a remarkable growth. growth in industrial sector demand growth was followed by a significant supply of energy, so that the government of China should make the production of coal and imported coal as an energy source. In 2009 the import of coal and coal production of China has increased sharply. Read More…
Coal mining company Arch Coal reported sales gains in the third quarter decreased, due to falling coal prices. Mining companies estimate the demand for coal will increase, especially coal used for steel making. Increased demand for coal will increase next year, coal demand is expected to reach the 4 million tons.
Read More…
Growth in exploration activities in the coal mines in Mongolia resulted in a sharp increase coal production. Mongolia coal production lot imported into China, because the price of coal from Mongolia is cheaper.
Read More…
Alton Coal mining company received approval from government regulators to exploration Utah coal mine in southern Utah. Exploration licensing coal mining after mining companies willing to provide guaranteed funds for mine site reclamation for coal to be on exploration.
Read More…
Largest electricity supply companies in India Tata Power plans to buy coal from coal mines managed by the Australian mining company Riversdale. Planned purchases of coal from Riversdale to secure the supply of coal as a fuel electricity.
Read More…
Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of Essar Group said that South Africa is one of the world’s top coal exporters, and India is a growing export destination.
Read More…
China to strengthen the position in the mining sector with the approval of bids Yanzhou Coal Mining Company for mining companies to have full Felix Resources. Assistant Treasurer, Senator Nick Sherry provides confirmation of the approval of the bids submitted by Yanzhou Coal Mining Company.
Read More…
