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Radar Enters Into an Agreement to Create a US Coal Mining Company
Radar Acquisitions Corp. is pleased to announce that Radar has entered into an agreement to create a US coal mining company in partnership with a group of private investors in Alabama. Under the agreement Radar will own 49% of RAC Mining with the remaining ownership being held by two Alabama based mining companies. The [...]
Low spot iron ore and coking coal prices should benefit NMDC and JSW Steel
Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the world have pulled down prices of commodities, including iron ore and coking coal.
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.
Mining Companies Investment Deal Review : BHP Billiton Revive Bid for Rio Tinto and Investmen Deal With Chinalco
BHP Billiton is unlikely to attempt to resurrect its bid for Rio Tinto while the target continues to proceed with its $US19.5 billion ($28 billion) investment deal with Chinalco.
Anglo Mining Company Opinion, Mining Exploration and Industry in South Africa Needs Integrated Strategy
South Africa needs a clearer and more integrated coal and energy strategy for the next decade and beyond, Anglo American PLC said.
Coal Mine Producer, Peabody Reported Fourth Quarter Earning 2008
Before market opens on Tuesday, one of the world biggest coal producer, announce reported earning for the fourth quarter and full-year 2008.
Mongolian To Invest Development Coal Mine Resources, Government to Hire Investment Bank
Reuters reported that Mongolia’s government will soon hire an investment bank to sell part of a massive coal mine valued at around USD 2 billion in a historic deal that could bring a windfall to the sleepy country of windswept grasslands.
Coal Mining Permit Expasion in Northern Arizona Approved
A controversy over coal mining in northern Arizona reached a milestone Dec. 22 when a federal agency gave the go-ahead for Peabody Western Coal Co. to expand an existing long-term permit on Black Mesa, home to Navajo and Hopi villages.
Coal Mine Exploration Company, Newcastle Coal Price Drops for a Fourth Week Amid Demand Slump
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, dropped for a fourth week, declining to the lowest in almost 14 months as demand from utilities weakened.
