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Goldman Sachs Settlement of Cases Affecting Gold Price Rise
Some time ago the gold price declined sharply since the case of Goldman Sachs. The gold price almost reached the lowest point of U.S. $ 1.170 / oz. However, gold trading remained above U.S. $ 1.150 / oz at the weekend despite the U.S. dollar strengthened. The cause of the persistence of the price of [...]
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
Processing Expansion of Coal Factory Near By Gillete Delays
Some companies has cooperation agreement to develop a coal processing factory. Processing factory of this coal location near by Gillete. Company cooperation Buckskin Mining, White Energy Company Limited and a Australian company.
British Mining Companies Face Challenge On Unjust Practices
Representatives of communities in Colombia, West Papua and the USA are in London to challenge the claims of two of Britain’s biggest mining companies that their operations are sustainable and fair. Critics say that in reality they are violating human rights and causing irreversible environmental damage.
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.
China Coal Mining Company, Yanzhou Coal Mining Co. Plans Take Over Felix Resources
Yanzhou Coal Mining Co.’s talks to take over Felix Resources Ltd., whose stock gained 9 percent last year, have stalled after price disagreements, two people with knowledge of the matter said.
American Coal Mining Plans Invest to Build Coal-Boosting Plant
White Energy Coal North America announced plans Monday to build a processing plant that will boost the heat value of coal mined by the Buckskin Mining Co. in northeastern Wyoming.
Usibelli’s Estimate Coal Mine Resource in Alaska’s
Steve Denton, Usibelli’s vice president for business development, believes his company could supply coal to a new mine-mouth coal-fired power plant, such as one proposed by Usibelli at Emma Creek, for $1.50 to $2 per million British Thermal Units, which could be one-third to half the cost that gas brought to Interior Alaska from the [...]
China Coal Mining Exploration, Shenhua Energy Wins Australia Coal Exploration Permit
China Shenhua Energy Co., the world’s largest coal producer by market value, agreed to pay A$300 million ($261 million) for a coal exploration license in Australia as it expands overseas to gain supplies.
Shenhua’s first foreign exploration permit is a 190-square kilometer area near Gunnedah in New South Wales state. The site is expected to contain [...]
