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Sasol Coal Mining Company to Build New Coal Mine Exports
Coal mining company Sasol has allocated R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation.
The Thubelisha export coal mine, already under construction, will also supply Sasol’s synfuels factory in Secunda, in Mpumalanga province.
Sasol Mining’s output in the six months to December 31 was up 6%, but its profit of R170-million was [...]
Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
ENRC To Bid $ 950 For The Purchase Of Junior Mining CAMEC
Kazakh mining group company, ENRC plans expansion in the mining sector, African countries that have potential for mineral resources in exploration. CAMEC is a junior mining attention from ENRC to buy. To purchase the junior mining CAMEC provide funds $ 950. But the desire to buy the mine ENRC junior CAMEC will get resistance from [...]
Brazilian Mining Company, Vale Begins To Develop Coal Mine Project in Tete, Mozambique
Brazilian major diversified miner Companhia Vale do Rio Doce (Vale) has started development of its $1,3-billion Moatize coal project in Tete province, Mozambique. Production is scheduled to start in December 2010.
Mozambique Plans To Become Major Coal Mining Companies
Brazilian mining company Vale has launched a US$1.3bn coal mining project in Mozambique.
The new plant is expected to produce 11 million tonnes of coal a year, to be exported to Brazil, Europe, Asia and the Middle East.
South Africa Government Delay Implementation New Mineral and Mining Royalties
In an effort to mitigate job losses in the mining industry, South Africa’s Finance Minister Trevor Manuel on Wednesday proposed that government delay the implementation of new mineral and mining royalties until March 2010.
Global Mining Companies Plans Expansions Iron Ore Mine Output
Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.
Mining Companies Can’t Stop Mine Production as Demand Global Industy Growth
The world’s biggest mining companies are cutting expansion plans by about $200 billion as prices of metals, demand from factories and funding for projects collapse.
Demang of Potash-mining Will Come Up to Request Coal-mining
It’s like coal-mining,” BHP Billiton CEO Marius Kloppers says of potash-mining.
Demand for potash has surged, driving prices into orbit, after the market spent the last three decades in surplus, with the last new mine being built more than 20 years ago.
Kloppers says that, just like coal-mining, a continuous miner is installed and basic board-and-pillar mining [...]
