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Iron Ore Mine Company, Rio Tinto Cut Iron Ore Prices 40 pct For Steel Company
Rio Tinto, the world’s second-largest producer of iron ore, is refusing to give in to steelmakers’ demands for a benchmark price cut of more than 40 per cent below current spot prices for the 2009-10 contract year.
EC Harris Wins Major Oil and Gas Exploration Contract in Saudi Arabia
EC Harris has secured a major oil and gas contract in Saudi Arabia.
The built asset consultancy has been appointed by ATCO Group’s engineering and construction division in Saudi Arabia to deliver project control services. The eight to 12 month contract could be worth in excess of $2 million.
U.S Mining Exploration and Production Regulation, State Reduce Taxes in Coal Reserve
Hundreds of West Virginia property owners with no intention of mining the coal underneath their feet can breathe temporary sighs of relief.
Coal Mining Company, Keystone Preparing To Import South American Coal Mine to Port of Jacksonville
A new coal terminal at the Port of Jacksonville could open Southeast and Midwest markets to cheaper South American coal.
600 Underground Coal Mines Allow Use Conveyer-belt Tunnels
The nation’s nearly 600 underground coal mines will be allowed to use conveyer-belt tunnels as ventilation shafts and be required to install airtight shelters for trapped workers under new federal regulations announced Tuesday.
Mining Exploration Report by Sidon International Resources Corp. at Dolly Varden Property
Sidon International Resources Corporation is a junior exploration company with interests in Nevada – North Dolly Varden Copper Gold Claims, North West Territories – Slave Craton Diamond properties and in British Columbia – Harrison Lake West Gold Silver Claims.
The Dolly Varden Property is a copper gold skarn property located just east of the old Anaconda [...]
Krakatau Steel Plans To Buy Iron Ore To Secure Supplies
Krakatau steel is company industry the biggest steel in Indonesia. This company yields steel material to support development of construction and industry in Indonesia.
Request increase of the existing world iron ore, makes company to block in increase purchasing of ocher raw material as reserve, that requirement of iron ore raw material to produce steel fufilled.
This [...]
Libya Deal with Bronco Drilling Co. Coal Exploration
Oklahoma City-based Bronco Drilling Co. is making its first international foray, and the destination is Moammar Gadhafi’s Libya.
The deal, announced this week, is another sign that U.S. investment is broadening in a nation once considered a pariah by the United States.
Multinationals rushed into oil-rich Libya when President Bush lifted restrictions that had barred [...]
Oil prices close 95.93 dollars a barrel
Oil prices shot to record closing highs Friday on concern about the weak dollar and tight global energy supplies heading into the northern hemisphere winter.
A stronger-than-expected US labor report for October, when the economy added 166,000 jobs, also boosted sentiment, suggesting that demand for energy would remain brisk as US economic momentum appears healthy.
New [...]
