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Coal India Started Negotiations With Coal Mining Companies


Owned coal mining company of India, Coal India Limited (Cil) has started negotiations with several companies of the world’s largest coal mining for coal supply in 2010. This program is conducted in order to meet the electric energy supply in the country of India.
A total of 52 mining companies globally have shown interest in forming [...]

Mongolian Government To Finish Mining Companies Selection To Explore Coal Mines Resources In Tavan Tolgoi Mine


Mongolia to develop mineral mining resources to advance the country’s economy, which can help people out of poverty. To attract investors and mining companies to explore mineral mining resources in territory of Mongolia territory, the government offered shares worth $ 2 billion.

India Mining Industry Will Reach a Total Value of US$45.40Bn


India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]

China Became the World’s Largest Supplier of Gold, Surpassing South Africa


The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry

Mining Company Earning Reported : Anglo American First-Half Profit Has Fallen 30.6 Per Cent


Global mining giant Anglo American’s first-half profit has fallen 30.6 per cent because of weak commodity prices.
Net earnings dived to $US2.97 billion (about $A3.56 billion) in the six months to June, compared with $US4.28 billion in the same period last year. Revenues sank 37.9 per cent to $US11.13 billion.

CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector


Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]

Rio Tinto Consider Offering U.S Coal-Mine Unit


Rio Tinto Group, the world’s third- largest mining company, is considering an initial public offering for its U.S. coal unit after failing to find a buyer for the business, said a person familiar with the situation.
Rio was close to a deal with Alpha Natural Resources Inc., said two people who declined to be identified because [...]

Alabama Steel Industry and Coal Mine Exploration Review and Future


As steelmakers cut production, and coal stockpiles increase, Alabama miners are nervous about the future.
Two years ago, Alabama’s coal mining boomed. Industries worldwide gobbled up coal as quickly as they could get it.

Alpha Gets Low-Cost Wyoming Coal With Foundation Buy


Alpha Natural Resources Inc.’s $2 billion acquisition of Foundation Coal Holdings Inc. gives the company access to low-cost Wyoming surface mines as stricter regulation makes work in Appalachia more costly.