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Mining and Energy Companies Investment Delay by Global Financial Crisis


The deepening of the global financial crisis and the sharp drop in energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit.

Improvement Of Coal Mine Exploration And Safety Of World Climate


the increasing of request of produce of coal in some states results exploration company of coal and company produce of coal increases activity to fulfill request and coal supply.
the increasing of request of coal is applied to fulfill requirement of public electric energy. In some states, improvement of exploration and supply of coal makes state [...]

Australian Mining Future and New Investment : China’s Looking For To Buy Mining assets in Australia


Australia said no Chinese companies have been told to withdraw applications to buy into Australian resource firms, despite media reports Canberra was pressuring China to back away from such investment.
China’s miners and steelmakers are looking to buy mining assets in Australia to lock in supplies of raw materials such as coal and iron ore to [...]

Indonesia Antam to reduce dependence on nickel


But nickel is the main business of the company whose sales revenue more than quadrupled to 4.1 trillion rupiah ($451.1 million) – JAKARTA, Oct 3 – Indonesian state-owned miner PT Aneka Tambang plans to reduce its dependence on nickel and step up its gold and bauxite business in coming years, a senior company official said.
The [...]

OphiraVencap Inc. Announces Proposed Qualifying Transaction with North Sea Energy Inc.


OphiraVencap Inc. (”OPHIRA”) announces that on July 27, 2007 it signed a Letter of Intent (the “Letter of Intent”) with North Sea Energy Inc. (”NORTH SEA”), an arm’s length party, for the potential acquisition of all the issued and outstanding shares of NORTH SEA whether directly, by way of three cornered amalgamation, or by merger [...]

Coal Surge Seen by Mobius as China’s Imports Increase (Update2)


Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring [...]

Oil from palms: scientists weigh the downside


Only a few years ago, oil from palm trees was viewed as an ideal biofuel: a cheap, renewable alternative to petroleum that would fight global warming. Energy companies began converting generators and production soared.
Now, it’s increasingly seen as an example of how well-meaning efforts to limit climate-changing carbon emissions may backfire.

Palm oil’s luster fades on biofuel scene


Only a few years ago, oil from palm trees was viewed as an ideal biofuel: a cheap, renewable alternative to petroleum that would fight global warming. Energy companies began converting generators and production soared.
Now, it’s increasingly seen as an example of how well-meaning efforts to limit climate-changing carbon emissions may backfire.

U.K. Mining Stocks Rise, Paced by BHP, Rio; Wolseley Declines


U.K. mining stocks climbed as nickel rose for a second day. BHP Billiton Ltd. and Rio Tinto Group paced the advance.
Wolseley Plc limited gains on the FTSE 100 Index as Lennar Corp., the largest U.S. homebuilder, reported a drop in earnings. Barclays Plc shares retreated. Next Plc advanced amid speculation the retailer may receive a [...]