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Puda Coal See To Increase Net Income Mining Operation in Higher Coal Mine Supply and Low Demand
Puda Coal, Inc. is a red hot company in an otherwise troubled coal industry. The Chinese coal producer achieved record revenue and net income, generated strong cash flow, and closed 2008 with a healthy balance sheet.
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
Australian Gold Mining Sector Can Expect Recovery in 2009
The Australian gold sector can expect a recovery in 2009 as it shakes off negative impacts that have weighed on the sector in recent years despite the metal’s rising price.
China Coal Mining Companies, Shenhua Group Suspended $2.5 billon Mine Project
The biggest China coal mining company has suspended a $2.5 billion mining exploration project. This act impact of global financial crisis.
Fushan Purchase Agreement Jointly develop Fortune Dragon’s Three Coking Coal Mines at China
Fushan International Energy to announce concluded a conditional sales and purchase agreement with Fortune Dragon Group Limited (“Fortune Dragon”) to jointly develop Fortune Dragon’s three coking coal mines at Xingwu, Jinjiazhuang and Zhaiyadi with an annual total raw coking coal production capacity of 6.3 million tonnes for a total consideration of HK$10.53 billion. Upon the [...]
Teck Cominco Announces Highland Valley Mine Life Extension to 2019
Teck Cominco Limited announced today that it will proceed with a further six year extension of the life of the Highland Valley copper mine near Kamloops, British Columbia from 2013 to 2019.
The revised mine plan contemplates that from 2013 to 2019 an additional 247 million tonnes of ore from an expanded Valley pit and [...]
Shell Issues Formal Proposal to Expand the Athabasca Oil Sands Project
Royal Dutch Shell plc (NYSE: RDS.A, NYSE: RDS.B) today welcomed the below announcement by Shell Canada:
Shell issues formal proposal to expand the Athabasca Oil Sands Project
Shell Canada Limited announced that it has issued a formal proposal to proceed with Expansion 1 to the other Athabasca Oil Sands Project (AOSP) joint venture owners. They have 90 [...]
