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South Africa Will Open A Coal Mine In Waterberg Coal Basin
South Africa plans new coal mines opening in the Waterberg coal basin. New coal mines will replace the coal mines that have been depleted in the Highveld, Witbank and Ermello coalfields in Mpumalanga. The opening ceremony of this coal mines in order to anticipate increased demand for coal is expected to rise in 2010 until [...]
Gold Producer Riozim Plans Increase Gold Production From 60 Kg To 80 Kg Per Month
Zimbabwean mining company RioZim plans to ramp up gold production to 80 kg a month from the current 60 kg at its Renco mine by the end of the year, the company’s managing director said on Tuesday.
RioZim, previously owned by Rio Tinto , operates Renco gold mine in southern Zimbabwe and is a 22 percent [...]
Brazilian Biggest Mining Company, Vale Launches Construction of Coal Mine Exploration Project in Mozambique
Brazilian mining giant Vale on Friday launched the construction of a $1.3 billion coal project in northern Mozambique, with the capacity to produce 11 million tonnes of coal per year.
Botswana Mining Exploration Future, Credit Crunch Will Affect Mining Development
The global credit crisis is beginning to affect mining projects in Botswana as companies are now expected to struggle to raise funds to start up or expand operations.
There is currently a multitude of multinational companies that directly rely on funding from international markets that are in the process of setting up mining operations in Botswana [...]
Mining Contract For Sale Of Coal From Kendal Mine, South Africa
Homeland Energy announces coal sales contract for the price of 500,000 tons. Sale of coal comes from coal mining exploration in Kendal Mine, South Africa. This sales contract value is 700 Rand per metrik ton. This contract can be re-evaluated in range of time 12 months.
President and CEO Homeland Energy, said “Satisfaction of domestic demand [...]
Improvement Of Coal Mine Exploration And Safety Of World Climate
the increasing of request of produce of coal in some states results exploration company of coal and company produce of coal increases activity to fulfill request and coal supply.
the increasing of request of coal is applied to fulfill requirement of public electric energy. In some states, improvement of exploration and supply of coal makes state [...]
Central African Mining Reported : Coal Mining Discovery in Mozambique
Central African Mining (CAMEC) has reported a ’significant’ coal discovery in Mozambique, which it says will help the company profit from current high prices for the commodity.
The first phase of a drilling programme in the southern African country’s Tete region delineated around 195m tonnes of coal, CAMEC said.
“We are greatly encouraged by the initial results [...]
Australian coal prices reach record
Energy coal prices at the port of Newcastle, Australia, the world’s biggest export harbor for the fuel, rose 1.3 percent to a record on expectations of supply shortages in Asia and a disruption to deliveries from a Queensland State mine.
Coal for immediate delivery at Newcastle rose 96 cents to $76.95 a metric ton in the [...]
Coal Mining Prospect in South Africa
Chief executive of Rio Tinto, global resources group, said :
They are additional opportunities for mining exploration in South Africa and was continuing to invest in the country.
Rio Tinto had operated in southern Africa for decades, and had established a good local reputation and leadership in areas of sustainable development and community development, he said.
