Search Results

Coal India Proposes An Increase In Coal Prices


Coal India Ltd. (CIL), is a holding company under the coal ministry that contributes 85% of coal production in India and are free to fix the selling price of fuel, but only after prior approval from the government. The price of coal were last revised in December 2007 and the latest revision is expected [...]

Steel Companies Expect Iron Ore Prices Increase 50 pct


Iron ore prices have fallen 33 per cent, coking coal prices have gone down 60 per cent.
Steel companies can finally breathe easy. At least three companies — JSW Steel, Ispat Industries and Essar Steel — are likely to enter into long-term raw material purchasing contracts soon and the savings on input costs could be as [...]

Rio Tinto Joint Ventures Iron Ore Business With BHP


Steelmaker company and world iron ore mine surpriseds with decision made by by the biggest iron ore mine company of Rio Tinto. This iron ore mine company decides agreement with mine company China, Chinalco. Instead Rio Tinto signs up with BHP Billiton.

Brazilian Biggest Mining Company, Vale Launches Construction of Coal Mine Exploration Project in Mozambique


Brazilian mining giant Vale on Friday launched the construction of a $1.3 billion coal project in northern Mozambique, with the capacity to produce 11 million tonnes of coal per year.

Union Government Plans To Develop Capacity Paradip Port for Support Coal, Iron Ore and Other Mining Export


Authorities plan to build a Rs479.01 cr, 10mt capacity a year terminal for handling coal, & another Rs591.35 cr, 10mt capacity a year terminal for handling iron ore.

India Mining Exploration Sector Review and Mining Investment Future


India is state that is always experiences improvement in doing exploration of mine, as reported in the year 2007 exploration sectors of mine in India experiences improvement of 32 per cent. But in the same year of cost to do exploration of mine experiences improvement 38 per cent.
This condition makes some mine companies to do [...]

North Dakota’s mineral resource leader gives estimate of oil in Bakken formation


North Dakota’s own estimate of how much oil can be gotten economically, using current technology, from the Bakken formation in the Williston Basin is slightly above or below 2.1 billion barrels, Lynn Helms reported this morning at a conference here.
Helms, director of the state’s department of mineral resources, said that estimate is based on a [...]

BPI Energy to Present at IPAA Oil & Gas Investment Symposium


BPI Energy Holdings, Inc., an independent energy company producing and drilling for coalbed methane (CBM) in the Illinois Basin, today announced that management will make a presentation at the IPAA Oil & Gas Investment Symposium on Wednesday April 25th at 11:20 AM Eastern Time. The presentation will be broadcast live over the Internet.
James G. Azlein, [...]

BPI Energy to Present at IPAA Oil & Gas Investment Symposium


BPI Energy Holdings, Inc., an independent energy company producing and drilling for coalbed methane (CBM) in the Illinois Basin, today announced that management will make a presentation at the IPAA Oil & Gas Investment Symposium on Wednesday April 25th at 11:20 AM Eastern Time. The presentation will be broadcast live over the Internet.