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Australian Contract Price Iron Ore and Coking Coal Export to Halve as Chinese Growth Slumps
The crisis and the effects on the domestic economy are expected to deepen as commodity prices fall because of reduced global demand.
Coal Mine Exploration Future : Environmental Protection Policy for Mining Exploration Activity
A push by environmentalists to reduce coal’s role in the nation’s energy future will drive up costs and hurt efforts to wean the country from oil, say the chairmen of two major coal concerns in West Virginia.
During separate gatherings in West Virginia on Thursday, the chairmen of Richmond, Va.-based Massey Energy and CSX Corp. discussed [...]
China Top Coal Province Punishes More Officials
Faced with a steady stream of mining disasters, China’s top coal producing province has stepped up punishments of local officials amid nation-wide inspections of dangerous tailings dams.
Five officials from Fenyang city in Shanxi were punished after a routine inspection found “wide-scale” illegal mining in an outlying township, the Xinhua news agency said.
Mine Exploration Reported Second Quarter and First Half 2008 Results by ArcelorMittal Mining Company
ArcelorMittal (referred to as “ArcelorMittal”, or “the Company”) (New York: MT; Amsterdam: MT; Madrid: MTS; Paris: MTP; Brussels: MTBL; Luxembourg: MT), the world’s leading steel company, today announces results for the three and six month periods ended June 30, 2008.
H108 highlights:
- Sales of $67.6 billion, up 31% compared with H107
- EBITDA(1) of $13.1 billion, up [...]
Resistance Of Environmentalists To Mining Exploration In Australian, Newcastle Coal Mine Port
Improvement of coal mine exploration in Australian generates worry there will be damage of area endangering to condition of public in Australian. Improvement of coal mine exploration and improvement of export of coal mine happened caused by demand increase of world to result of coal mine exploration to replace oil consumption as component of [...]
Mine Exploration Regulation, US Coal Mine Exploration and Industry Wary Candidate President Plan
Ohio’s powerful coal industry has warm feelings for Appalachia native Gov. Ted Strickland, the man who’s trying to teach presidential hopeful Barack Obama how to win votes in rural areas in this crucial swing state.
Despite the similarities in the two Democrats’ views of energy policy, the industry hasn’t showered the U.S. senator from Illinois with [...]
Utah Coal Properties Standstill Agreement on USA Coal Mine Exploration Prospect
Thelon Ventures Ltd. is pleased to announce it has entered into a standstill agreement with a private USA Company, Utah Coal Properties LLC.
The terms are that UPC owns certain Coal rights and real Property in the state of Utah and Thelon has 30 days to complete its due diligence on the project. This term [...]
Mining Exploration Accident, 40 Miners Trapped in Coal Mine After Gas Explosion In Ukrainian
Ukrainian coal mines are among the most dangerous in the world due to the lack of safety measures.
The Interfax news reported today, the methane gas explosion occurred in the morning in the Karl Marx mine shaft in the Yenakiyevo area at a depth of around one thousand meters (3,300 feet).
More than 40 miners are [...]
Russian Aluminum Tycoon Buys 25% of Nickel Giant
The aluminum tycoon Oleg V. Deripaska said Thursday that he had bought 25 percent of the Arctic mining company Norilsk Nickel, a deal that furthers Mr. Deripaska’s quest to consolidate the Russian metals and mining industry.
The transaction continues a pattern in Russia of uniting companies separated in the breakup of the Soviet Union and the [...]
