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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.
Chinese Mining Exploration and Industry Future
Chinese industrial companies are being hit hard by the cooling economy and plunging commodities prices, with profit growth slowing sharply this year and more declines expected in 2009.
Coal Mining Exploration Forecast Probably not so hot anymore
The recent drop in the market price of coal from its record levels earlier this year will adversely impact earnings of Indonesian coal producers. Based on this factor, going forward, we expect weaker coal prices in line with the downtrend in oil prices, while higher supplies are expected on China’s higher exports as domestic consumption [...]
Public Power Corp. Plans to Relocate Coal Mine Exploration
Just as the European Union imposes the world’s toughest restrictions on carbon emissions, Public Power Corp., Greece’s biggest utility, plans to relocate an entire village to exploit the coal beneath it.
Mining Company, Xstrata To Accept a Cut in Prices Coal Mine Contract in Japanese Utilities
Xstrata Plc, the world’s biggest exporter of power-station coal, has been forced to accept a cut in prices for annual calendar-year contracts for the fuel with Japanese utilities, Citigroup Inc. and Merrill Lynch & Co. said.
Future Mineral Exploration and Mine Industry in Russia During a Global Crisis
Russia auctioned its biggest mining company a decade ago when it was strapped for cash. It’s using the global credit crisis to regain control of OAO GMK Norilsk Nickel as economic turmoil forces U.S. and European governments to bail out their own corporations.
