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Coal of Africa To Acquire Thermal Coal Producers Nucoal Mining
Coal of Africa (COAL), coal development company operating in South Africa, plans to acquire a manufacturer of thermal coal NuCoal Mining. This mining company has assets in South Africa in Mooiplaats Coal mining regions.
Lihir Gold Limited Appoints North American Investor Relations Representative
Global gold producer Lihir Gold Limited has moved to provide greater focus on its North American investor communications through the appointment of an Investor Relations Officer based in Denver, Colorado.
The appointment reflects the requirement for the company to have closer relationships with the investor community in the major markets in the region.
Glencore Will Buy Back Prodeco Coal Mines Assets From Xstrata Mining Company
Glencore is a mining company that operated the mine Prodeco. Prodeco coal mines located in the region of Colombia. Prodeco mining assets sold to Xstrata in January, when the company’s financial weakening.
Prodeco sales of $ 2 billion allowed Glencore to subscribe to rights issues Xstrata, the London listed global miner where Glencore has a 34 [...]
Mining And Investment Company GCM Resources Affirmed Commitment To Develop Phulbari Coal Project
GCM Resources, the mining and investment company behind the Phulbari Coal Project in Bangladesh which promises to ease the energy needs of the country, reasserted its commitment to the project.
Reporting on its progress during the year to June 30th 2009, GCM said that last year’s parliamentary elections in Bangladesh had triggered renewed efforts to get [...]
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Xstrata Convince Anglo American Shareholders To Join
Xstrata Group, the largest mining company, has made an offer to the mining company Anglo American to join. But this offer was rejected by Anglo American, though some observers mining and banking, providing a very profitable reason for the two companies, in terms of financing the company’s operational efficiency.
Results Of Mining Exploration Company’s In Gold Mine In The Republic Of Congo
Plagued by financing difficulties, contract rows, and image problems, Democratic Republic of Congo’s languishing gold projects are failing to cash in on impressive reserves and healthy prices.
Gold Mining Companies Equity Preview, Mining Operation Project in South Africa
The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.
Brazilian Biggest Mining Company, Vale Launches Construction of Coal Mine Exploration Project in Mozambique
Brazilian mining giant Vale on Friday launched the construction of a $1.3 billion coal project in northern Mozambique, with the capacity to produce 11 million tonnes of coal per year.
