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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.
Botswana Mining Exploration Future, Credit Crunch Will Affect Mining Development
The global credit crisis is beginning to affect mining projects in Botswana as companies are now expected to struggle to raise funds to start up or expand operations.
There is currently a multitude of multinational companies that directly rely on funding from international markets that are in the process of setting up mining operations in Botswana [...]
South African New Rule Coal-Mine Exploration and Mining Invesmtent
South African investors will soon have a new coal-mine exploration and investment.
SNR’s chief operating officer David Nel reckons the AIM-traded company offers a different prospect to other junior coal companies in South Africa, which have brought projects to the market to take advantage of high coal prices on the domestic and export markets.
“We think [...]
Delta Mining Consolidated Exclusion Iron-Ore Development in Liberia
DMC CEO Heine van Niekerk said on Tuesday, Diversified South African exploration and mining company Delta Mining Consolidated (DMC) would contest its exclusion from iron-ore development in Liberia.
Van Niekerk was responding to a Reuters report that the Liberian government had on Monday disqualified DMC and India’s Tata Steel from participating in a relaunched bidding round [...]
Guinea Needs Foreign Mining Company to Invest Mining Exploration in West African
Guinea will work with foreign investors in the mineral-rich West African country as long as they comply with its mining code, its new mines minister said late on Friday.
Guinea is the world’s biggest exporter of aluminium ore bauxite, and has the resources to be a major supplier of steelmaking raw material iron ore, but questions [...]
Coal Mining Exploration Growth and Mine Investment Oppurtunity in South Africa
More coal burning than production, race to mine potash hots up, redemptions hitting mining stocks
South Africa Is burning coal at a rate greater than production, says Keaton Energy CEO Paul Miller on page 18 of this edition of Mining Weekly.
Miller says that local coal production growth has effectively been zero for the last three years [...]
China Mining Exploration Expansion, Chinalco Acquisition of 12% of The Mining Group Rio Tinto
The Australian government has approved the Chinese acquisition of a stake in the mining group Rio Tinto, potentially throwing an obstacle in the path of BHP Billiton’s £70bn bid for the company.
Chinalco, in partnership with the American mining group Alcoa, spent £7bn to become Rio Tinto’s largest shareholder in February. The acquisition of 12% of [...]
South Africa Mining Exploration Project Rule, New Code to Evaluate Mining Project
A commite operation of mining exploration in South Africa makes new clauses for mining company with value input in each project of mine operation by mining companies, especially mineral mine company. This regulation will be implemented in the next month.
Following statement of chief commite Samrec-samsal :
“The Samval code would apply to projects with different stages [...]
Canada’s Potash Industry Drawing Both Top Mining Companies
Long dominated by a small group of local players, Canada’s potash industry has become red hot, as soaring prices have begun drawing both top mining companies and small exploration firms to the vast resources buried deep under the western prairies.
Used as a key ingredient in fertilizer, demand for potash has soared along with grain prices, [...]
