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US Underground Coal Mine Market Reported, Joy Global Q4 Profit Rises on 40% Sales Growth
Mining equipment manufacturer Joy Global Inc. announced Wednesday morning that fourth quarter profit rose from last year, helped by strong demand for its original equipment and aftermarket parts and services, partially offset by negative impact of currency translation.
London Mining Interest Purchase Colombian Coal-Mine Exploration and Production
London Mining announces today the purchase of 20% of International Coal Company Ltd. (ICC) for an aggregate consideration of $5m, with first rights of refusal to invest further capital. ICC is a Cayman Islands incorporated company with operations in Colombia, South America. ICC’s strategy is to become a fully integrated developer of coal properties for [...]
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Mining Stock in European Tradding Market
European mining stocks rallied for a fifth day, paced by BHP Billiton Ltd. and Rio Tinto Group after metal prices rose.
Bayerische Motoren Werke AG led automakers higher after Barron’s said the stock may surge 20 percent. Deutsche Bank AG fell for a third day after Reuters reported Germany’s biggest bank may have to write down [...]
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 [...]
Rio Tinto makes a recommended all cash offer for Alcan
Rio Tinto and Alcan today announced they have reached an agreement for Rio
Tinto to make an offer to acquire all of Alcan’s outstanding common shares for US$101 per common share in a recommended, all cash transaction. The offer represents a total equity consideration for Alcan of approximately US$38.1 billion.
The offer represents a premium of 65.5 [...]
Exploiting Uranium Price Market Inefficiencies
Because of rapid developments in the uranium sector over the past three years, the market place continues attempting to digest all the news and adjust accordingly.
In a June 2003 utility PowerPoint we recently reviewed, it became evident to us that U.S. utilities were later ambushed by unforeseen developments then entering the markets. According to the [...]
To cash dig for the money coal
The PLANS to probe the true cost to reopen wells finally could convince of the ministers if his interesting to connect on the reservations of the coal of the North-East.
The experts of extraction as regards area examine now how much money cash would cost necessary to develop a deep mine to reach the massive unexploited [...]
Arian Silver Corporation: Drilling to Start on Tepal Ahead of Schedule
Arian Silver Corporation (”Arian” or the “Company”) is pleased to announce the start of a 3,000 metre diamond drilling programme at the Tepal property, Michoacan state, Mexico.
The project was previously explored in the 1970’s and the early 1990’s by a number of companies including International Nickel Company of Canada Ltd (INCO), Teck Resources Inc [...]
