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Anglo Coal Will Close Queensland Coal Mining Exploration Project Early
Coal mining company Anglo Coal will close the coal mines located in Queensland, if the Federal Government issued a climate change policies that affect air pollution levels. Due to the closure of coal mining exploration project, as many as 2000 jobs associated with mining exploration activities will be lost. Anglo Coal hopes the Federal Government [...]
Coking Coal Export To China Increased, Coking Coal Prices $160-170 Per Tonne
Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the Indian economy, spot prices of the raw material are expected to firm up in the international market.
India Mining Industry Will Reach a Total Value of US$45.40Bn
India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]
JSW STEEL Allows For Changes Standard The Price Of Iron Ore, Next Month
Sajjan Jindal said India’s No. 3 steel maker would import coking coal at an average price of $100 a tonne, about two thirds below last year’s price, while iron ore from leading domestic miner NMDC would likely be cheaper by a third.
Glencore Wins Control Underground Copper Mine in Congo
Glencore International AG may win a controlling stake in the biggest underground copper mine in the Democratic Republic of Congo with a $265 million loan that will keep Katanga Mining Ltd. afloat.
Australia Hope Increase Coal Mine Export to China
According to predictions of market insiders, Australia will hopefully increase its coal export to China. As per report, although China’s export oriented economy is losing momentum for growth market insiders predict that Australia’s coal export to China will still increase which is undoubtedly good news to miners in Australia.
U.S Steelmaker to Slash Production Impact Global Crisis and Economic Slowdown
After posting record profits, steel makers are facing a harsh new reality: dwindling orders, production cuts, layoffs. And tougher times lay ahead, analysts say.
Future Mineral Exploration and Mine Industry in Russia During a Global Crisis
Russia auctioned its biggest mining company a decade ago when it was strapped for cash. It’s using the global credit crisis to regain control of OAO GMK Norilsk Nickel as economic turmoil forces U.S. and European governments to bail out their own corporations.
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.
