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Gold Mining Companies Equity Preview, Mining Operation Project in South Africa


The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.

Strait Asia Resources Plans To Increase Coal Mine Production to 20 million tones by 2012


In Reuters news online reported, Singapore listed Straits Asia Resources aims to more than double its annual coal production to 20 million tonnes by 2012 and may acquire two Indonesian coal mines to achieve that target.

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.

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 [...]

Mining Exploration Company Expand Mining Contract, Leighton Plans Invest Coal Mine and Iron Ore Exploration


Leighton, which gets about a quarter of its sales operating mines for companies such as BHP Billiton Ltd., will sell stock to shareholders at A$35.35 apiece, 17 percent less than its close yesterday, the Sydney-based company said in a statement.
Chief Executive Officer Wal King, 64, forecast profit will rise at least 15 percent this year [...]

Coal Mining Exploration Company, Semirara Sees Strong Profit Growth


Semirara Mining Corporation, the country’s largest coal producer, expects its net profit to rise more than 20 percent this year and coal revenues to jump as much as 56 percent mainly due to higher coal prices and increased exports, the company’s chief executive said Tuesday.
Semirara hopes to sustain its double-digit profit and coal revenue growth [...]

BHP Billiton Refuses Ocher Bid Price From Rio Tinto


The biggest company mined world BHP Billiton day to refuse put the price of iron ore that is on the market by Rio Tinto, because the price of iron ore that is on the market by undersize Rio Tinto if it is compared to delivery costs of iron ore mining products to purpose of delivery.
Rio [...]

Mining Exploration and Producer Companies Increase Profit and Added Cost


These are boom times for mining companies but the big profits are being eaten into not only by spiraling energy costs but suddenly rising prices for the explosives used to blast into the rocks.
It’s all because of the high price of natural gas, which when converted into ammonia is used to produce ammonium nitrate, [...]

Coal-Prices Rebound In Asia Market and Tradding :


Benchmark energy coal prices at Australia’s Newcastle port rose after six straight weeks of decline following contract settlement between Xstrata XTA.L and Japan’s Chubu Electric 9502.T.
Thermal coal prices rose $5.83 from a week earlier to $125.42 a tonne, the globalCOAL’s NEWC weekly index showed in the week ended April 12, based on prices at Australia’s [...]