Singapore’s Straits Asia Resources Ltd will purchase coal exploration rights in Madagascar and Brunei for $100 million from its controlling shareholder Australian miner Straits Resources Ltd.
Straits Asia, 47-percent owned by Straits Resources, said in a statement on Friday this included licenses in Madagascar with an exploration target of finding 300 million to 500 million tonnes […]

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 […]

Felix Resources Ltd., an Australian coal producer, delayed construction of its A$405 million ($358 million) Moolarben coal mine after Xstrata Plc won an appeal in a dispute over mining leases.
Felix, partly owned by American Metals & Coal International Inc., won’t start building until it gets final court orders in the dispute, the Brisbane-based company […]

The Crow Indian Tribe has signed an agreement with an Australian company that could eventually bring $1 billion a year to the tribe. The agreement outlined today calls for mining coal and developing energy — a deal that could create thousands of jobs for tribal members.
Tribal leaders say this deal will let members realize their […]

Compliance Energy Corporation announces that it has recently signed a binding memorandum of understanding (”MOU”) for the sale of 100% of the Company’s interest in the Basin Coal Mine located near Princeton, BC for consideration of cash and shares totaling Cdn $8 million.
Under the terms of the MOU, NWPC Pty Ltd (”NWPC”), a private Australian […]

Australian is state most biggest exploration and coal, iron ore and wool. Improvement of earnings and growth of Australian economics many influenced by mining sector.
Improvement of mine exploration and produce of mining products, results the happening of request of labour which excelsior. Result survey reported, shows indication of request increase of more labour by mining […]

Government of Australian will re-evaluate tax imposed to by mine company activity of mine exploration in Australian. Regulation observer of this tax will be expected able to replace royalty to be paid by mining exploration company.
Change of regulation of tax for mining exploration company expected able to improve repair mining sector in Australian. Details of […]

Australian coal mine exploration producer, Whitehaven Coal, sign contract sale of coking coal with steel company in Asia. Request of produce of this coking coal applied to support produce of steel company steel in Asia.
Produce of coal which will be sold 1 million metric tons with sale A$250. Produce and sale of this coal will […]

Australian is state yielding a real potential coal-mine. exploration of Coal-mine in Australian always experiences improvement, this condition accompanied by supply request of coal from some states that is always experiences improvement. The increasing of supply request of coal results Australian to increase activity of ekplorasi and produce of coal. Improvement of ekplorasi this coal […]

AUSTRALIA’S aluminium industry is at the forefront of the trade-exposed, emissions-intensive category of businesses which are likely to receive free permits under the government’s carbon reduction scheme.
The lightweight metal, sometimes nicknamed “liquid electricity” for the vast amounts of power required to smelt the ore, is in danger of extinction, according to green groups and some […]