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Gold Producer Riozim Plans Increase Gold Production From 60 Kg To 80 Kg Per Month
Zimbabwean mining company RioZim plans to ramp up gold production to 80 kg a month from the current 60 kg at its Renco mine by the end of the year, the company’s managing director said on Tuesday.
RioZim, previously owned by Rio Tinto , operates Renco gold mine in southern Zimbabwe and is a 22 percent [...]
Coal India Proposes An Increase In Coal Prices
Coal India Ltd. (CIL), is a holding company under the coal ministry that contributes 85% of coal production in India and are free to fix the selling price of fuel, but only after prior approval from the government. The price of coal were last revised in December 2007 and the latest revision is expected [...]
Citic Pacific Iron Ore Mine Contract in Australia
Citic Pacific Ltd., the Hong Kong arm of China’s biggest state-owned investment company, replaced two finance executives and predicted as much as HK$15.5 billion ($2 billion) in losses from unauthorized currency bets.
A loss of HK$808 million has been incurred from terminating some leveraged currency contracts, and an additional HK$14.7 billion in losses are possible, Hong [...]
Research Coal-Mine Potency in Mountain of Lake Sebu, Philipines To Begin Coal Mine Exploration
Research to coal-mine potency in mountain Lake Sebu, South Cotabato by foreign corporation to give hope will be new coal-mine exploration in South Cotabato, Philipines.
The study recommended the construction of a road to haul the coal from the site to a port for shipment. The straight-line distance of the proposed road from the Daguma mine [...]
Chinese Expand Mining Investment in Zimbawe
Chinese investors who were part of a recent visiting delegation are eyeing significant investments within Zimbabwe’s gold and platinum sectors, the Herald Business has gathered.
While no figures could be obtained, this paper understands that the Chinese are admirers of Zimbabwe’s mining industry, and were keen to pour in money.
The 22-member delegation, which consisted of mining, [...]
South Africa Make Strategy for Gold Mining Exploration
South Africa is particularly rich in mineral resources and is one of the leading raw material exporters in the world. Rightly so, South Africa can produce all the minerals necessary for her economic independence. Gold, diamonds, platinum, chromium, manganese, uranium, ire ore and coal make up 60 % of it’s main exports. The country is [...]
Natural gas price forecast stable next month
Wednesdaya resident and chief executive officer of MDU Resources Group, said : Natural gas price next morht forecast stable. Forecast background, U.S. storage levels are at their highest mark in 13 years,
“We’d all like to know how to predict prices,” said Terry Hildestad, who was in Billings to keynote the Montana Petroleum Association’s appreciation luncheon [...]
Clean Coal Technologies Reduce Emissions & Increase the Amount of Energy Gained from Each Ton of Coal
Research and Markets (researchandmarkets) has announced the addition of Clean Coal Technologies to their offering.
Coal is one of the world’s fastest growing energy sources. It fuels almost 40% of electricity worldwide, with even higher percentages in several countries. However, coal is also the most unclean energy source in the world. Upon burning, coal releases a [...]
Banpu’s first-quarter earnings will drop due to a malfunctioning winch-brake motor at its Bontang Coal Terminal in Indonesia
Banpu’s first-quarter earnings will drop due to a malfunctioning winch-brake motor at its Bontang Coal Terminal in Indonesia, which disrupted loading, president Chanin Vongkusolkit said yesterday.
Stock analysts believe the accident will hurt the coal-mining firm’s results only for the first quarter, while earnings for the entire year will not be much affected. Several analysts have [...]
