Search Results
BHP Reported The Production Of Iron Ore In The Fourth Quarter Decreased 10 Percent
BHP Billiton is the largest companies based in Melbourne. BHP Billiton is one of the largest mining company producing iron ore after Rio Tinto, Vale. The three companies are companies that supply the world supply of iron ore.
Mozambique Plans To Become Major Coal Mining Companies
Brazilian mining company Vale has launched a US$1.3bn coal mining project in Mozambique.
The new plant is expected to produce 11 million tonnes of coal a year, to be exported to Brazil, Europe, Asia and the Middle East.
Brazilian Biggest Mining Company, Vale Launches Construction of Coal Mine Exploration Project in Mozambique
Brazilian mining giant Vale on Friday launched the construction of a $1.3 billion coal project in northern Mozambique, with the capacity to produce 11 million tonnes of coal per year.
South African Gold and Coal Mine Worker Will Submit Pay Demand To Gold and Coal Mining Companies Next Month
Coal mines producers in early April ahead of wage negotiations the following month, with workers likely to seek gains above the rate of inflation.
Xstrata Will Identify and Execute Potential Purchase Mining Companies and Mine Exploration
Xstrata Plc’s Chief Executive Officer Mick Davis said takeover opportunities are starting to appear after a rout in commodity prices sent shares of mining companies plunging. bloomberg.com is reporting.
China Coal Mining Company, Yanzhou Coal Mining Co. Plans Take Over Felix Resources
Yanzhou Coal Mining Co.’s talks to take over Felix Resources Ltd., whose stock gained 9 percent last year, have stalled after price disagreements, two people with knowledge of the matter said.
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 Mining Companies Future on Global Crisis, Anglo Coal Cut Mining Jobs
Anglo American Plc’s coal unit, which has closed two mines in Australia this year, will slash a further 650 staff from operations in the country and monitor future production amid a slump in demand.
China Mining Investment and Development in Australia May Hold
Australia’s Senate may hold an inquiry as early as next week to scrutinize investments by Chinese state-owned companies after Aluminum Corp. of China’s bid for a stake in Rio Tinto Group.
