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Rio Tinto Plans To Increase Coal Mine Product To Expand Queensland Coal
Rio Tinto Group is set to scale back plans to almost double coal output in Australia’s Queensland state as part of global spending cuts, the Australian Financial Review reported, without saying where it got the information.
Ripper Oil and Gas Inc. second quarter results Reports Oil and Natural Gas Exploration
Ripper Oil and Gas Inc. (”RIP”) reports that for the six months ended September 30, 2008, oil and natural gas revenue net of royalties was $4,660,593 compared to $2,432,302 for the six months ending September 30, 2007 due to higher commodity prices and production volumes. Six month cash flow from operations was $2,240,035 ($0.11 per […]
Canada Mining Market and Trade Reported : Coal Mining Product and Petroleum Price Fall in Oktober
Raw materials prices fell sharply in October for the third month in a row as fuel prices tumbled, Statistics Canada reported Friday.
The agency said its raw materials price index was down 12.5 per cent in October, after a 7.3 per cent drop in September, and posted the first year-over-year decline since February 2004, falling 0.2 […]
Utah coal mine production reported, coal mining project future
Following a 10-year low in 2004, Utah coal production jumped by 12.6 percent to 24.6 million short tons in 2005 and increased an additional 6.4 percent to reach 26.1 million tons in 2006.
But mines operating in the Castle Valley region experienced a difficult year in 2007.
The Crandall Canyon closure, followed by the idling of the […]
China Coal Mine Trade and Demand
THE world’s busiest coal port used to be Newcastle, England and then Newcastle, Australia. Now it is Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped out of the Bohai Sea each week is almost equal to the rest of the world’s seaborne coal trade. Most of those ships feed […]
Coal Mine Trade and Market, buyers wait and sellers panic
The world’s busiest coal port used to be Newcastle, England, and then it was Newcastle, Australia. Now it’s Qinhuangdao, 300 kilometres east of Beijing on the Bohai Sea.
The amount of coal shipped each week out of the Bohai Sea is almost equal to the rest of the world’s seaborne coal trade. Most of those ships […]
Australian Mining Exploration, Production, Project and Mine Price Reports
AUSTRALIA is on track to record its lowest annual gold production in 20 years, but prices for the precious metal are at record highs, a report says.
Production in the September quarter rose slightly from the previous quarter, with output totalling 56 tonnes, mining consultants Surbiton Associates said.
However, it was still the third lowest quarterly production […]
Coal Mine Exploration Reports, National Coal posts 3Q loss despite increased sales
Knoxville-based National Coal Corp. reported third quarter revenues that were up 61 percent compared to third quarter last year, but a net loss of $7.9 million compared to $7.1 million in third quarter 2007.
Mining Companies Not Yet Operation global metal low prices
Listed mining companies that have yet to start operations posted bigger net losses in the third quarter, while those that have established mine sites suffered from low global metal prices, disclosures to the stock exchange showed.
Net losses of Lepanto Consolidated Mining Co. went up by more than a quarter to P111.6 million due to higher […]
