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Future of Global Steel Industry and Changes Iron Ore Prices 2010
Steel companies in several countries concerned about changes in iron ore prices in 2010. Because of the possibility of iron ore prices in 2010 will rise sharply. Some company’s largest iron ore mining has provided a statement of the plan to raise iron ore prices up to 40%. If there is iron ore price increase, [...]
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 [...]
Gold Producer In Africa, Harmony Gold Mining Reported Fourth Quater Earning Share
Largest gold mining companies in Africa, Harmony Gold Mining companies to report earnings during the period of four quarter fall of 13 percent per share. Companies consider the dividend payment this year. Harmony Gold Mining’s acquisition plan and invest in new projects that can help the growth of the company.
Massive Options Trade Signals Gold Mine Producer
My Options Radar was buzzing late in the day following a massive trade in the Gold Miners ETF.
Trade Breakdown
Gold Miners (GDX) saw a very large institutional player come in yesterday with a large trade that hit the ISE at 3:55pm when 30,000 September $28 puts were sold close to the bid;
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.
Racor Hydrocarbon Plans Filters 45 million litres of Diesel in Latin America Coal Mines
The latest Racor hydrocarbon filters from Parker Hannifin, the global leader in motion and control technologies, are being used to filter more than 45 million litres of diesel each month in one of the biggest opencast coal mines in Latin America.
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.
