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Semirara Mining Corp. Plans To Export 2.5 mln Coal Mine This Year
Semirara Mining Corp., owned by the Consunji family, plans to export 2.5 million metric tons of coal this year, company officials said.
Shensua Energy Plans To Buy Shares in Coal & Allied Industries from Rio Tinto
China Shenhua Energy Co., Ltd., one of the country’s leading coal producers, will possibly reach out again for Australia-based coal mining assets, said industry analysts.
Mine Demand Analysis, Sales Results and The Future of The Mining Companies
Mining giant Rio Tinto is hiving off assets to pay down $US40 billion ($57 billion) in debt after BHP Billiton withdrew a $US66 billion bid, but in these turbulent times, who’s buying?
Chinese Recovering Iron Ore Import and Market
Sinosteel, China’s biggest iron ore importer and trader, says the Chinese ore market is recovering and it wants to “accelerate” shipments from Australia.
Cape Lambert Iron Ore Deal To Investment Iron Ore Mine Exploration Project in African Minerals’ Sierra Leone
On September 23, 2008 Supreme Court in Australian decided on a key matter relating to Cape Lambert Iron Ore project apparently paving the way for the finalization of the Marampa hematite project with African Minerals.
It could be recalled that the London-listed explorer African Minerals has agreed to develop its Marampa iron-ore project, in Sierra Leone, [...]
Chile Iron Ore Mine Exploration Company Plans Agreement Sale To China Steelmaker Company
Chilean iron ore firm Sociedad Contractual Minera Hierro Paposo is in talks with potential Chinese buyers, sources familiar with the situation said, and could fetch “hundreds of millions” of dollars.
The owners hope to conclude a sale by the year-end and have approached several Chinese steel firms, one source familiar with the sale said, adding: “It’s [...]
Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand
Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining [...]
Request Of Mining Exploration Products In The Future
Coal Attracting Overseas Buzz
Overseas metal and mining companies are eyeing a number of US coal companies as strong demand for steel around the world has resulted in higher prices and short supply for the coal used in steelmaking.
Indian and Russian firms in particular are looking to snap up assets in order to gain a foothold [...]
China Coal Mining Exploration, Shenhua Energy Wins Australia Coal Exploration Permit
China Shenhua Energy Co., the world’s largest coal producer by market value, agreed to pay A$300 million ($261 million) for a coal exploration license in Australia as it expands overseas to gain supplies.
Shenhua’s first foreign exploration permit is a 190-square kilometer area near Gunnedah in New South Wales state. The site is expected to contain [...]
