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Sunday, June 8th, 2008
News today in Bloomberg reported, BP Inc. Kwinana’s reopening coal mine exploration in Western Australia. BP bid to minimize the effects of a two- month energy shortfall. Before this station, 30 percent reduction in its natural-gas output after a plant exploded.
The 120 megawatt Kwinana No. 1 plant, previously closed down for about two months for […]
Posted in Coal, Company, Exploration, Mining, Mining Finance, Mining Investment, Natural Gas | No Comments »
Wednesday, May 14th, 2008
For expand and develop mining project Rio Tinto, the biggest mining company, looking partner from Chinese. Rio is make plans looking partner mining company specialy mining company for steel and construction companies to help develop a $6bn (£3.08bn) West African iron ore mine.
Sam Walsh, head of Rio’s iron ore division, said in an interview with […]
Posted in Company, Exploration, Iron, Mining, Mining Finance, Mining Investment, Trade & Market | No Comments »
Wednesday, April 30th, 2008
Rio Tinto Ltd/Plc , under pressure to broaden its reach in commodities as it fights a takeover by BHP Billiton Ltd , said on Tuesday it had agreed to tax clauses with Indonesia needed before it can develop a nickel mine costing $1.5 billion.
Rio has largely been absent from nickel mining and hopes to start […]
Posted in Company, Exploration, Mining, Mining Finance, Mining Investment, Nickel, Trade & Market | No Comments »
Tuesday, April 29th, 2008
Result of exploration of mine in afrika south done by Anglo mine company American Plc, experiences downdraft following report result of exploration of Anglo mine American Plc :
Platinum Anglo Ltd, experiences downdraft of 24 % or 428,600 ounces from year before all. Result of exploration of coal 28 percent or 223 million metric tons. Produce […]
Posted in Coal, Company, Exploration, Mining, Mining Finance, Mining Investment | No Comments »
Tuesday, April 29th, 2008
Australia said no Chinese companies have been told to withdraw applications to buy into Australian resource firms, despite media reports Canberra was pressuring China to back away from such investment.
China’s miners and steelmakers are looking to buy mining assets in Australia to lock in supplies of raw materials such as coal and iron ore to […]
Posted in Company, Exploration, Mining, Mining Contractor, Mining Finance, Mining Investment, Trade & Market | No Comments »
Wednesday, April 23rd, 2008
ArcelorMittal confirms it has reached an agreement with Coal of Africa Limited (”CoAL”), the coal development company operating in South Africa.
ArcelorMittal will enter into an off-take agreement (”the agreement”) with CoAL. The agreement relates to two mines. The first, Baobab is 100% owned by CoAL has an estimated yield of 2.45Mtpa. The second, Thuli is […]
Posted in Coal, Company, Exploration, Mining, Mining Contractor, Mining Finance, Mining Investment | No Comments »
Monday, April 14th, 2008
Leighton Holdings Ltd subsidiary HWE Mining Pty Ltd has won a $344 million contract with mining giant Rio Tinto Ltd to provide mine development services at the Mesa A iron ore operation in the Pilbara.
It is the first major contract HWE Mining has been awarded by Rio Tinto Iron Ore, and involves the design and […]
Posted in Company, Exploration, Iron, Mining, Mining Contractor, Mining Finance, Mining Investment, Trade & Market | No Comments »
Monday, April 7th, 2008
Resource hungry China has been gobbling up metals produced by Rio Tinto and other miners but with prices rising it’s not always an easy relationship. Most recently negotiations over iron ore prices pitted the world’s largest miners against Chinese steelmakers in a bitter dispute. Now Rio Tinto has decided its time for a change of […]
Posted in Company, Exploration, Mining, Mining Finance, Mining Investment, Trade & Market | No Comments »
Monday, March 17th, 2008
Uranium mining companies in South Australia may invest A$25 billion ($24 billion) in as many as 30 projects and developments, including BHP Billiton Ltd.’s planned expansion of its Olympic Dam mine, a state minister said.
The Olympic Dam expansion will increase output at the site to 15,000 metric tons, more than Canada’s total uranium oxide output […]
Posted in Company, Exploration, Mining, Mining Finance, Mining Investment, Trade & Market, Uranium | No Comments »
Wednesday, February 6th, 2008
Diversified miner Rio Tinto Ltd said on Wednesday it has made a significant coal discovery in South Africa, which has total resource size of over 1.04 billion tonnes.
The coal was found in Limpopo province, a coal basin located in the north of South Africa. It is bituminous thermal coal that is suitable for generating electricity, […]
Posted in Coal, Company, Exploration, Mining, Mining Contractor, Mining Investment | No Comments »