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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%.
Gold Prices Increase on Falling Supply and Rising Demand
February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]
Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China
Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]
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 [...]
Mining Companies To Market Conditions And Trade That Is Not Certain
Conditions of trade and market the sale of mining raw materials are the conditions that are not definitive. Some companies wait for each other possibilities that trafficking occurs in the market of raw material mining, particularly the sale price of the raw material mining. The growth of the mining of raw materials demand is strongly [...]
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.
Iron Ore Mining Companies Push Increase in Contract Prices
Despite concerns about the length and depth of the global recession, iron ore miners are pushing for as much as a 5% increase in the annual contract price beginning in April, according to people familiar with the negotiations.
Gold Mine Prices and Trade Slip After Drop in Two Weeks
Gold extended losses to trade below $900 an ounce on Thursday, after registering its biggest daily percentage drop in more than two weeks the previous day, as stock markets rallied and the U.S. Fed calmed inflation fears.
South African Coal Mining Holdings To Invest R200-million to Load Coal Faster
New coal producer South African Coal Mining Holdings (SACMH) is poised to pluck the fruits of a R200-million investment in faster coal loading to match new ton-per-hour train tariffs.
“If you load your trains faster, you save money; if you don’t, it’ll cost you,” says upbeat SACMH CEO Karl Gribnitz, who will open the modern new [...]
