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Russia’s Steel Companies Hold Negotiations With Iron Ore Mining Companies
On April 1, the start of China’s fiscal year, Russia’s steel producers hold negotiations with iron ore miners to work out the terms of their annual contracts.
Racor Hydrocarbon Plans Filters 45 million litres of Diesel in Latin America Coal Mines
The latest Racor hydrocarbon filters from Parker Hannifin, the global leader in motion and control technologies, are being used to filter more than 45 million litres of diesel each month in one of the biggest opencast coal mines in Latin America.
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.
Korea Electric Power Corporation Sign Contract Receives Coal Mine Delivery From Australia
Bloomberg reported that Korea Western Power Company one of six generating units of state run Korea Electric Power Corporation agreed to take delivery of some Australian coal under 2009 contracts for USD 80 a metric ton.
Coal Shipment From Newcastle Port Decline, Coal Mine Exports Fall 25%
Coal shipments from Australia’s Newcastle, the world’s biggest export harbor for the fuel, fell 25 percent last week while the number of vessels waiting outside the port also declined.
Analysist Mining and Industry Sector : China’s Industry Sector Reopen Coal Mine Import After Deal Coal Prices Contract
A months-long dispute between Chinese coal miners and power generators over annual prices has unexpectedly opened the door to rising imports, despite lacklustre demand and a supply glut.
Delta Mining Interest In Coal Mine and Iron Ore, Plans Listing To Fund Acquisition
Delta Mining Consolidated Ltd., which has interests in coal and iron ore, plans to list on Johannesburg’s stock exchange this year to help fund acquisitions in Africa, Chief Executive Officer Heine van Niekerk said.
Rusian Top Metal Producers Negotiation To Merger Massive Company
Severely weakened by the economic crisis, Russia’s top metals producers are embracing a proposal to merge into one massive company.
Mine Prices Market and Trade Forecast Analyst, Coal, Iron Ore and Copper Mine Demand Slump
Copper prices may average $1.55 a pound, a 9 percent decline from Macquarie’s November forecast of $1.70, and 55 percent lower than the average price in 2008, analysts led by London-based Jim Lennon said in an e-mailed report today.
