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Strait Asia Resources Plans To Increase Coal Mine Production to 20 million tones by 2012
In Reuters news online reported, Singapore listed Straits Asia Resources aims to more than double its annual coal production to 20 million tonnes by 2012 and may acquire two Indonesian coal mines to achieve that target.
The Biggest Mining Companies, Rio Tinto and BHP Billiton Downgrade Forecast Slashed
Mining giants Rio Tinto and BHP Billiton have had their earnings estimates slashed by up to 45 per cent, as analysts downgrade forecasts because of low metal prices and softer demand.
Mining Companies Optimistic, Mining Production and Industry Growth on Global Financial Crisis
Despite new data that shows just how much the mining industry has suffered as a result of the global financial crisis, the outlook was optimistic as mining companies and industry followers gathered in Toronto for an international convention Monday.
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.
China Mining Investment and Development in Australia May Hold
Australia’s Senate may hold an inquiry as early as next week to scrutinize investments by Chinese state-owned companies after Aluminum Corp. of China’s bid for a stake in Rio Tinto Group.
Chinese Steel Companies Won’t Different Iron Ore Prices For Brazilian and Australian
China won’t accept different prices for Brazilian and Australian iron ore as it did last year based on freight rates, a top China Iron & Steel Association official said Tuesday.
Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract
A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.
Philipines Mining Exploration : Firm Apply Permit Mine Exploration for Copper, Gold and Silver Mine Deposits
A Filipino company has sought an exploration permit for copper, gold and silver deposits in three provinces, the first to file an application this year with the Mines and Geosciences Bureau (MGB) in Central Mindanao.
Mining Market Analysts : Australia’s Rich Exports Iron Ore Mine 2009
Lucrative Australian exports such as iron ore face a tough year as flatlining global growth and sluggish demand are set to topple resource prices from extravagant highs, analysts said.
