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Oil and Gas Company Financial Report : American Oil & Gas Plans Acquisition and Development Oil and Gas Properties
American Oil & Gas Inc. reports a net loss to common stockholders of $10.3 million (loss of $0.21 per share, basic and diluted) for the year ended December 31, 2009 (”2009″), as compared to a net loss to common stockholders of $24.2 million (loss of $0.51 per share, basic and diluted), for the fiscal year [...]
Wuhan Steel Group Seeks More Iron Ore Assets Overseas
Wuhan Iron & Steel Group, China’s third-biggest steelmaker, is seeking to invest in more overseas iron ore assets to cut reliance on expensive imports, General Manager Deng Qilin said.
“We aim to be self-sufficient in iron ore supplies in three to five years and reduce purchases,” Deng, who’s also chairman of the China Iron & Steel [...]
Sasol Coal Mining Company to Build New Coal Mine Exports
Coal mining company Sasol has allocated R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation.
The Thubelisha export coal mine, already under construction, will also supply Sasol’s synfuels factory in Secunda, in Mpumalanga province.
Sasol Mining’s output in the six months to December 31 was up 6%, but its profit of R170-million was [...]
Brazil Government Charge of Iron Ore Export Tax to Iron Ore Exporters
Brazilian government plan implementation costs of iron ore export tax to exporters of iron ore. Application of the tax costs aimed at increasing domestic investment, especially domestic steel production increase.
JSW Steel Plans Investment In Coal Mining Assets
Largest steel maker in India, JSW Steel to search coal mining assets that allows for investment. Search coal mining assets include some countries that have the potential of coal resources. Investment plans in anticipation of a coal mine which supplies coal needed by the company to continue production of steel.
Australia-based Mining Company IRL to Develop Biharinath Coal Mine, West Bengal
IRL, Australia-based mining company has signed a letter of intent with Bankura DRI to develop and operate coal mines Biharinath. Contract operation and development of coal mines Biharinath will last for 30 years at a cost of AUD $ 500m investment. Biharinath coal mines located in the Indian state of West Bengal.
Investment For Gold Mining Stocks Rose In The Year 2009
Investments in shares of gold mining companies to show indications of improvement in the year 2009. One of the factors that support increased investment in gold mining companies, because there is a trend increase in the price of gold.
Romarco Minerals Support for South Carolina Gold Mine Exploration Project
Local authorities and communities are so determined to see Romarco Minerals’ Haile gold mine exploration project, in South Carolina, up and running that the company has been granted tax credits and incentives that will amount to yearly savings of some $3-million, CEO Diane Garrett said in Toronto on Tuesday.
Coal Mine Development Into Hamilton County Enterprise Zone
Will families with school-age children move into Hamilton County if new coal mines open here?
If so, how many? And what would the additional cost to the school district be?
