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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 [...]

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.

China Should Anticipate A Decrease In The Coal Prices And Coal Demand


Mining analysts predict there will be a decrease in the price of coal during the year 2009. This decrease will affect the exploration and production of coal mines from several countries coal.
China is a country has the potential of coal mine that is big enough and the results of the exploration of coal mines in [...]

Alabama Steel Industry and Coal Mine Exploration Review and Future


As steelmakers cut production, and coal stockpiles increase, Alabama miners are nervous about the future.
Two years ago, Alabama’s coal mining boomed. Industries worldwide gobbled up coal as quickly as they could get it.

Coal PLC Wins Major Contract To Supply Coal Mine To Scottish & Southern Energy


Coal mining company U.K. Coal PLC Monday said it won a major contract to supply coal to Scottish & Southern Energy PLC, as it swung to a GBP15.6 million 2008 pretax loss, weighed on by lower gains on its substantial property portfolio.

South African Gold and Coal Mine Worker Will Submit Pay Demand To Gold and Coal Mining Companies Next Month


Coal mines producers in early April ahead of wage negotiations the following month, with workers likely to seek gains above the rate of inflation.

Australian Mining Sector Plans To Develop Mine Exploration and Production


Australian miners are famous for outsourcing. It may sound bizarre to some, but a listed mining company doesn’t necessarily need internal expertise in exploration, drilling, metallurgy, construction or mining, due to the wealth of service providers willing to do those tasks.

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.

Glencore Wins Control Underground Copper Mine in Congo


Glencore International AG may win a controlling stake in the biggest underground copper mine in the Democratic Republic of Congo with a $265 million loan that will keep Katanga Mining Ltd. afloat.