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Mine Demand Analysis, Sales Results and The Future of The Mining Companies
Mining giant Rio Tinto is hiving off assets to pay down $US40 billion ($57 billion) in debt after BHP Billiton withdrew a $US66 billion bid, but in these turbulent times, who’s buying?
26 million tonnes Coal-mine Exports Plans by Exxaro Coal Resources
Miningmx cited Mr Ernst Venter general manager of Exxaro Coal as saying that EXXARO Resources plans to export 26 million tonnes of coal from its Grootegeluk coal mine as it increases production there to 120 million tonnes in a decade.
Mr Venter told Miningmx on the sidelines of the Coaltrans South Africa conference in Johannesburg “We [...]
Surging mineral prices help Zimbabwe earn more from its minerals
The Southern African country of Zimbabwe has registered an almost six-fold increase in mineral sales for the first 10 months of the year. These totalled US$591m compared to US$103m earned in the same comparative period last year, the Minerals and Marketing Corporation of Zimbabwe (MMCZ), which is charged with the duty to sale and market [...]
