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Exxaro Halts Funding for Coal Mine In South Africa After Power Plant Delay
Exxaro Resources Ltd. halted funding for a coal mine in South Africa and Anglo American Plc said it may have to slow development of the fuel because of delays in developing power plants by state-run utility Eskom Holdings Ltd.
Exxaro suspended funds for a 9 billion-rand ($1.2 billion) extension of the Grootegeluk coal mine after Eskom [...]
Mountaintop Removal Opponent Starts Hunger Strike At Capitol
An 81-year-old opponent of mountaintop-removal mining started a fast on Monday that he hopes will draw attention to and help end the controversial practice.
Roland Micklem was camped out on a chair in a public reception area outside Gov. Joe Manchin’s office, holding a sign that explained his concerns about mountaintop removal.
Sales Of Rio Tinto Thermal Coal Assets Expected Reach $ 10 Billion
Australian newspaper reported, asset sales Rio Tinto mining company is expected to reach $ U.S. 10 billion. New York Stock Exchange issued a list of recent bond sales and thermal coal mining company Rio Tinto.
Mining companies promotional activities to achieve sales target shares. Promotion activities conducted in the United Kingdom and the United States.
Australian Mining Companies Reported Finding 1.5 Billion Coal Mine Deposit In Mozambique
Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the region of Mozambique. Riversdale is an Australian mining company has discovered coal deposits in the area near the Zambezi River, Mozambique. Riversdale reports findings coal deposit is estimated to reach 1.5 billion tons. [...]
CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
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.
Mining Exploration Investment In Mozambique Mine Jump To $804 Mln
Direct investment in Mozambique’s mining sectors jumped to $804 million in 2008 from $101 million in 2004 as international interest in the southern African country rose, the country’s mines minister said.
B.C.’s Mining Industry High Coal Prices to Record 2008 Profits
Aggregate pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.
Rio Tinto 15 pct Falls Iron Ore Mine Production, Expect Iron Ore Mine Demand From Chinese Steel Industry
The rising toll of the global slump and downturn in commodities, is hitting Rio Tinto. And, as is usual in the north of Australia during the wet, the weather played its part again. The world’s third biggest miner revealed yesterday in its March quarter production report that first-quarter iron ore output fell 15% after floods [...]
