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China Became the World’s Largest Supplier of Gold, Surpassing South Africa
The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry
Russia’s Steel Companies Hold Negotiations With Iron Ore Mining Companies
On April 1, the start of China’s fiscal year, Russia’s steel producers hold negotiations with iron ore miners to work out the terms of their annual contracts.
National Coal Corp. Reported Finance and Coal Mine Exploration and Production 4Q Year End 2008 Result
National Coal Corp., a Central and Southern Appalachian coal producer, reports that for the year ended December 31, 2008, it achieved total revenues of $132.6 million based primarily on the sale of 2.0 million tons of coal.
The Biggest Mining Companies, Rio Tinto and BHP Billiton Downgrade Forecast Slashed
Mining giants Rio Tinto and BHP Billiton have had their earnings estimates slashed by up to 45 per cent, as analysts downgrade forecasts because of low metal prices and softer demand.
Coal Mine Producer, Arch Coal Inc. Release Fourth Quarter 2008 Earning Profit
Arch Coal Inc., one of the world’s biggest coal producers, reports earnings for the fourth quarter and full-year 2008 before the market opens Friday. The following is a summary of key developments and analyst opinion related to the period.
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.
Rio Tinto Postpone $2.15bn Expansion Brazilian Iron Ore Mine
ining giant Rio Tinto is postponing a $2.15bn (£1.4bn) expansion of its Brazilian iron ore mine as the economic slowdown hits steel production.
Coal Mining Exploration Forecast Probably not so hot anymore
The recent drop in the market price of coal from its record levels earlier this year will adversely impact earnings of Indonesian coal producers. Based on this factor, going forward, we expect weaker coal prices in line with the downtrend in oil prices, while higher supplies are expected on China’s higher exports as domestic consumption [...]
Oil and Gas Exploration Project Fall in Prices
From the plains of North Dakota to the deep waters of Brazil, dozens of major oil and gas projects have been suspended or canceled in recent weeks as companies scramble to adjust to the collapse in energy markets.
