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Operational Unit Cost Increase, Xstrata Coal Forced To Cut Purchase Coal Price From Coal Suppliers
Xstrata Coal Queensland complained that the unit operating costs increased from year to year, thus affecting the company’s earnings to continue the purchase of coal from several coal suppliers. To overcome the problems faced by Xstrata Coal Queensland sent a letter to suppliers of coal, Xstrata Coal Queensland that will cut the purchase price of [...]
African Rainbow Minerals, Allocate R8 Billion Mining Investment In Zimbabwe
African Rainbow Minerals, a mining company based in the South African, mining investment plan worth R8 billion in Zimbabwe. Mining investment in Zimbabwe is a significant investment option because of the growth of the mining sector in Zimbabwe has a bai prospects. Mining investments done because ARM requires exploration of mines platinum, manganese, iron ore, [...]
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Coal Mine Exploration and Dumping of Mine Regulation at Mountaintop
Environmental safety is the rightful citizens, so that people can live comfortably by tercemar does not damage the environment. To ensure that the environment remains comfortable, they should be made a rule or regulation so that every community or company that will make the industrial development or to perform the exploration of natural wealth must [...]
Alpha Gets Low-Cost Wyoming Coal With Foundation Buy
Alpha Natural Resources Inc.’s $2 billion acquisition of Foundation Coal Holdings Inc. gives the company access to low-cost Wyoming surface mines as stricter regulation makes work in Appalachia more costly.
BHP Billiton Prediction Demand Iron Ore and Coking Coal Into Health Commodity Market Global Demand
The release of BHP Billiton’s production results always provides an insight into the immediate health of commodity markets and global demand, as well as being a litmus test for the health of the mining sector generally.
Puda Coal See To Increase Net Income Mining Operation in Higher Coal Mine Supply and Low Demand
Puda Coal, Inc. is a red hot company in an otherwise troubled coal industry. The Chinese coal producer achieved record revenue and net income, generated strong cash flow, and closed 2008 with a healthy balance sheet.
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 [...]
Pike River Coal Company Reported Coking Coal and Coal Mine Production To March 31, 2009
Pike River Coal Limited has made good progress with restoring ventilation to its hard coking coal mine following a rockfall in February 2009. Coal production with one of the continuous miner machines is to recommence at the start of May 2009, once reaming and lining of a 600mm diameter ’slimline’ hole is completed.
