MMX Mining Company Plans To Increase Iron Ore Production Capacity In 2015

MMX mining company plans to increase iron ore production capacity in 2015. To achieve the target production capacity of mining company MMX will invest $ 1.2 billion. Iron ore production

Read more

China Mining Sector, Five Power Giant in China Insist on CNY Cut for Coal Contract Price

China Mining reported that China’s five power giants still insist CNY 50 cut for coal contracted price despite of the coal supply crisis, disclosed a person in charge in a

Read more

Canada’s Heritage Oil to drill 2 more Uganda wells

Canada’s Heritage Oil Corp. will drill two more exploration wells in western Uganda in the next eight months, seeking a complete picture of reserves, the company said on Monday.
Heritage owns

Read more

Coal Mine Exploration and Producer, Xtrata Sign Agreement With Nippon Steel Low-grade Coal

Nippon Steel Corp, the world’s second-biggest steelmaker, said on Thursday it had agreed with mining group Xstrata on almost quadrupling prices for low-grade coal.
The contract price for low-grade coal will

Read more

National Energy Group, Inc. Announces Consummation of Agreement With NEG Oil & Gas LLC Pertaining to Purchase of Membership Interest in NEG Holding LLC and Closing of Sandridge Energy Transaction

National Energy Group, Inc. (OTC Bulletin Board: NEGI – News; “NEGI” or the “Company”) today announced that on November 21, 2006 it consummated its previously disclosed agreement (the “NEG Oil

Read more