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State Of Montana Reject Offers Coal Mining Exploration at Otter Creek Coal Mine
Montana state government rejected offers from mining companies for coal mining exploration in the area of Otter Creek Powder River County, because the bids submitted by companies under the standards set by Montana’s Land Board. Bidding requirements provided by the state is the minimum bid $ 143 million, or 25 cents per ton, 12.5% of [...]
South African Mining Company Accepted $92 million Bid for Coal Mine Stake in Siyanda Coal
Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million) bid for its stake in Siyanda Coal Ltd., a transaction that would end the need to raise cash in a rights offer.
Afghanistan Looking Mining Companies To Exploration Iron Ore Mine
Afghanistan is looking for mining firms to open up a huge iron deposit, holding an estimated 1.8 billion tonnes of high quality ore, but potential bidders face a volatile security situation in a remote, mountainous region.
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.
Mongolia Receives Mining Companies To Bid Tavan Tolgoi Coal Mine
Mongolia has received nine bids for the mining rights to the Tavan Tolgoi coal mine. The site is estimated to hold 6 billion metric tons of coal.
China Plans Controlled Australian Mining Asset Make To Bid Australian Mining Industry
Canberra talks tough when companies controlled by the Communist Party of China bid for slices of Australia’s mining industry.
Mining Companies, Vale – Xstrata – Rio Tinto Submitted Proposal To Develop Mongolia Coal Mine
Vale, Xstrata and Rio Tinto are among the companies that have submitted proposals to develop Mongolia’s prized $2 billion Tavan Tolgoi coal mine, according to two people with direct knowledge of the matter.
Mongolian To Invest Development Coal Mine Resources, Government to Hire Investment Bank
Reuters reported that Mongolia’s government will soon hire an investment bank to sell part of a massive coal mine valued at around USD 2 billion in a historic deal that could bring a windfall to the sleepy country of windswept grasslands.
Mining Exploration Reported Increase 2008 in Prince George
While the market for metals and ores is down, that didn’t stop mining exploration in the province last year. Mineral exploration activity in the province reached $367 million in 2008, with 98 projects spending in excess of $1 million.
