Search Results

US-China Enhance Cooperation Use Of Clean Coal Technology : “21st Century Coal”


China and United States is country’s largest coal energy users in the world. Growth of industrial sector in both countries is cause of energy use of coal increased in both countries.
Increased use of coal as an energy source to make the two countries planned to use the technology of coal and coal exploration as an [...]

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 [...]

China’s Economic Growth Helped Mining Companies To Continue Mining Exploration Project


Anglo American Chief Executive Cynthia provides a view of the growth of the mining company with global economic conditions decline today. Growth in mining and mining exploration activities aided by China’s economic growth is fairly stable. Demand in China’s industrial sector of mining production is stable, although there are some notes about the decline in [...]

Anglo American Reject Merger Proposal Bidding Mining Group Xtrata


Anglo American reject a proposal offered by Xtrata Mining Group. Reasons for rejection merger proposal bid Xtrata Mining Group, Anglo fears of premium assets and their impact on the difficulty to increase market exposure to zinc.

Mozambique Plans To Become Major Coal Mining Companies


Brazilian mining company Vale has launched a US$1.3bn coal mining project in Mozambique.
The new plant is expected to produce 11 million tonnes of coal a year, to be exported to Brazil, Europe, Asia and the Middle East.

Mining Companies Investment Deal Review : BHP Billiton Revive Bid for Rio Tinto and Investmen Deal With Chinalco


BHP Billiton is unlikely to attempt to resurrect its bid for Rio Tinto while the target continues to proceed with its $US19.5 billion ($28 billion) investment deal with Chinalco.

Union Government Plans To Develop Capacity Paradip Port for Support Coal, Iron Ore and Other Mining Export


Authorities plan to build a Rs479.01 cr, 10mt capacity a year terminal for handling coal, & another Rs591.35 cr, 10mt capacity a year terminal for handling iron ore.

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.

Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production


Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.