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SouthGobi Energy Stock Offering To Raise $ 400 Million HK
SouthGobi Energy, mining company based in Vancouver, planning to increase sales of shares of approximately HK $ 400 million. SouthGobi Energy shares 80 percent owned by Ivanhoe Mines, the Canadian mining company, the remaining shares are owned by institutional investors and mutual funds.
Coal of Africa To Acquire Thermal Coal Producers Nucoal Mining
Coal of Africa (COAL), coal development company operating in South Africa, plans to acquire a manufacturer of thermal coal NuCoal Mining. This mining company has assets in South Africa in Mooiplaats Coal mining regions.
Investment For Gold Mining Stocks Rose In The Year 2009
Investments in shares of gold mining companies to show indications of improvement in the year 2009. One of the factors that support increased investment in gold mining companies, because there is a trend increase in the price of gold.
Coal India Started Negotiations With Coal Mining Companies
Owned coal mining company of India, Coal India Limited (Cil) has started negotiations with several companies of the world’s largest coal mining for coal supply in 2010. This program is conducted in order to meet the electric energy supply in the country of India.
A total of 52 mining companies globally have shown interest in forming [...]
Goldsource Discovered Coal Resources at Hudson Bay Region
Goldsource discovered coal resources are large, estimated coal resource could supply the energy needs in the region listri Saskatchewan province as much as 10 to 20 percent.
Goldsource director, says Scott Drever, “For me this is a source of energy, and whether it is in the form of electricity through power stations or in the form [...]
Coal India Seeking Joint Venture To Acquire Coal Mining Assets
Indian Government plans to sell 10% stake in the companies are not registered and listed coal mining company. Even shares of the largest coal mining company of India, Coal India (CIL) ready for action packed FY 10-11, other than the IPO. Coal India (CIL) joint ventures seeking to obtain $ 1.5 billion investment.
Solomon Gold to Acquire Two Australian Mining Exploration Companies
Aim-listed Solomon Gold would acquire two Queensland exploration companies for 86,8-million shares, and A$1-million in cash, as well as A$1-million in convertible notes, the company announced on Wednesday.
Solomon Gold said in a statement that the acquisition of Acapulco Mining and Central Minerals would complement its existing exploration projects with gold major Newmont Mining on the [...]
Australian Talison Lithium Begin Mining Operations At Val D’or Lithium Mine, Quebec
Estimate the industrial sector will increase demand for lithium from year to year, Estimate the industrial sector will increase demand for lithium from year to year, because the lithium to be the main element in the development of electric-powered automobile.
Glencore Will Buy Back Prodeco Coal Mines Assets From Xstrata Mining Company
Glencore is a mining company that operated the mine Prodeco. Prodeco coal mines located in the region of Colombia. Prodeco mining assets sold to Xstrata in January, when the company’s financial weakening.
Prodeco sales of $ 2 billion allowed Glencore to subscribe to rights issues Xstrata, the London listed global miner where Glencore has a 34 [...]
