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China Shenhua Energy to Continue Bid Coal Exploration Projects in Tavan Tolgoi, Mongolia


China Shenhua Energy Co Ltd said it is still in the running for a stake in Mongolia’s massive Tavan Tolgoi project, adding a new twist in the long-running tussle for what has been billed the world’s largest untapped coking coal resource.
Shenhua’s President Ling Wen’s comments on Tuesday came after Mongolia said it had cancelled the [...]

Mining Trade Review : Gold, Copper and Nickel Improve as US Dollar Eases Against Euro


Gold mirrored crude oil’s movement and also got close to Monday’s levels, standing just short of US$1,120/oz on Saturday after slipping below US$1,100/oz during the week amid stronger US dollar.
The US dollar was under pressure on Monday and Tuesday following last week’s move by the Federal Reserve, which hiked the discount rate by 25 basis [...]

Mining Company BHP Billiton Iron Ore Production Highest Recorded


Mining company BHP Billiton iron ore production reported from several locations of their iron ore mines to reach the highest rate in the quarter. The highest production of iron ore from the Pilbara region, Western Australia. Production of iron ore from iron ore mines in the Pilbara region of about 54%.

British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent


UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.

Petrol And Coal Offset Iron Decline In Strong June Result


BHP Billiton has delivered stronger than expected June quarter results, with higher petroleum output, aided by a resurgence of Bass Strait oil production, and coking coal offsetting a fall in iron ore production.

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.

Steel Companies And Steel Industry Wanted Transparency Iron Ore Pricing


Catching some cases workers Rio Tinto by China’s security, allegedly because a state secret, Rio talks about the results and the steel companies in China for the price of iron ore that will be given to the Chinese steel manufacturer company, provides lessons to all companies and manufacturers of steel ore iron to create a [...]

The Biggest Mining Company, BHP Billiton Selling 28% of Iron Ore Mine Production at Forecast Decline in Contract Prices


BHP Billiton Ltd., the world’s largest mining company, sold 28 percent of its iron ore output at cheaper spot prices after customers deferred deliveries ahead of a forecast decline in contract prices.

China National Coal Mining Company, Shenhua Enery Co. Plans Purchase Coal Mine From Mongolian


China Shenhua Energy Co Ltd, the nation’s top coal producer, yesterday said it was negotiating with the Mongolian government to purchase a coal mine in the country.