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Massey Energy Subsidiaries Prepare Coal Mine Exploration In Coal River Valley
A subsidiary of Massey Energy has begun mountaintop-removal coal-mining operations on Coal River Mountain in West Virginia, the only peak in Coal River Valley that hasn’t been blasted away for mining. Blasting for the mine is taking place 200 yards from the Brushy Fork coal slurry impoundment, which holds 8 billion gallons of toxic coal [...]
Anglo American Will Sell Mining Assets And Cut Management Layers After Xstrata Down Bid $ 48.2 Billion
Anglo American has started reorganizing since taken over in 2007. Anglo will reset the company management and will sell a number of mining assets owned by Anglo. Assets to be sold mines zinc mining, steel production assets Scaw Metals.
Chilean Senator Proposes Government Control of Lithium Deposits
A Chilean senator is urging the country to take control of its lithium deposits as demand surges for the raw material used in electric car batteries.
Senator Ricardo Nunez, a member of the Chilean socialist party and the Senate Mining and Energy Committee,
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 [...]
The Future System Of Annual Benchmark Iron Ore Price
Iron ore trade system in 2009, is a bad year. Negotiations between producers and importers of iron ore, iron ore walk a lot. Even end up having to involve the court over the case to deliver information that is confidential.
Iron ore price negotiations went a lot because of iron ore importer, China refuse iron ore [...]
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
Oyu Tolgoi Copper-Gold Project : Mongolian Delay Approval Copper-Gold Project Investment, Rio Tinto and Chinalco Reconciliation
Mongolian government has delayed approval to invest U.S. $ 6.8 committed to developing exploration projects of copper-gold mining Oyu Tolgoi. Mongolian government refusal to open the opportunity for Rio Tinto and Chinalco to resume reconciliation talks the two mining companies.
Resource Rey Guarantee Coal Mine Shipping Capacity Through Derby Port
Port capacity to accommodate and send coal are constraints faced coal mining company in the east coast of Australia. These constraints make mining companies to find solutions to increase transmission capacity of coal. Rey Resources, a company that provides shipping services has provided a guarantee of coal mining companies for access to Derby Port in [...]
Mozambique To Build New Coal Railway Line To Ship Coal Mine From Moatize Mines To Nacala Port
Mozambique’s government has announced that it has secured $500m (£313m) to build a new railway line.
The transport minister said the new line will link the coal-rich northern Moatize mines to Nacala port by 2015.
He said funding from the Dutch and Danish government as well as the European Union meant construction could start in two months.
