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Iron Ore Mining Company, Vale Resume Iron Ore Mining Project Agua Limpa
Agua Limpa, iron ore mining exploration is done by mining companies and the largest iron ore producer in the world, Brazil Vale. Exploration projects Agua Limpa iron ore mines have closed early in 2009 as the financial crisis.
Patriot Coal Corp. Plans To Cut Coal Mine Production and Idle More Mines
Patriot Coal Corp. said Thursday it plans to idle two more West Virginia mines, cut production at a third and defer startup plans at a fourth.
Mining Company Finance and Operation Reported, Acadian Mining Corp. $37.5m Loss
Halifax’s Acadian Mining Corp. has recorded its own annus horribilis.
The mining company suffered a $37.5-million loss in 2008, compared with a loss of $5.4 million in 2007, it reported Wednesday.
National Coal Corp. Reported Finance and Coal Mine Exploration and Production 4Q Year End 2008 Result
National Coal Corp., a Central and Southern Appalachian coal producer, reports that for the year ended December 31, 2008, it achieved total revenues of $132.6 million based primarily on the sale of 2.0 million tons of coal.
Obed Mountain Mine Expected to Return Coal Mining Exploration
According to Sherritt Coal, the Obed Mountain Mine is expected to return to full operations in the second half of 2009.
Newmont Mining loses $2.06-billion in Q2 2007
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of [...]
Jinchuan offers more for nickel mine -Manila
Jinchuan Group Ltd., China’s biggest nickel producer, has renewed interest in a joint venture to reopen the Nonoc nickel mine in southern Philippines and has even improved its offer, the trade secretary said on Wednesday.
“They had sent another offer which is an improvement of where there were before the talks collapsed,” Peter Favila told Reuters [...]
