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Australia’s Byrnecut Mining Exits Race For Hind Copper Mines
Yet another large deal has fallen through due to the ongoing credit crunch. Australia’s Byrnecut Mining, a front-runner in the race for op
erating a Hindustan Copper mine, has withdrawn its plans before the bidding process was to end, citing poor global financial conditions.
The Cloverdale-based Byrnecut, which is a world leader in underground mining, has opted [...]
Mining for Human Lives : World’s growing use of coal carries high cost in human lives
Digging coal deep underground, Luo Xianglai learned to listen hard to the sounds the rocks made when struck with his pickax.
A dull thud usually meant solid rock and safety. A whistling noise signalled an impending cave-in.
“Usually you could tell it was coming,” said Luo, a squat 33-year-old with broad shoulders, a buzz cut and a [...]
Pacific Asia China Energy Inc.: PACE Mitchell Drilling Corp. Signs AU $10 Million Degasification Contract in China
PACIFIC ASIA CHINA ENERGY INC. announces that its joint venture drilling subsidiary, PACE Mitchell Drilling Corp. and its marketing partner in China, Australian Mining Services International Pty Ltd (”AMSI”), have participated in the signing of a multi-company degasification contract with the Shenhua Ningxia Coal Group, a unit of Shenhua Group Corp. Shenhua Group Corp is [...]
