Search Results
Pike River Coal Company Reported Coking Coal and Coal Mine Production To March 31, 2009
Pike River Coal Limited has made good progress with restoring ventilation to its hard coking coal mine following a rockfall in February 2009. Coal production with one of the continuous miner machines is to recommence at the start of May 2009, once reaming and lining of a 600mm diameter ’slimline’ hole is completed.
Several Mining Companies Hold Plans New Mines Onstream
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
Coal Mine Producer, Peabody Reported Fourth Quarter Earning 2008
Before market opens on Tuesday, one of the world biggest coal producer, announce reported earning for the fourth quarter and full-year 2008.
Linc Energy May Invite “Non-Chinese” Group To Bid Coal Mine Exploration Assets in Queensland
Linc Energy Ltd., an Australian producer of cleaner-burning fuels, may invite “non-Chinese groups” to bid for its coal assets in Queensland, as Xinwen Mining Group Ltd. may be unable to pay a deposit by next week.
The Biggest Mining Company, Rio Tinto Will Accept License Mine Exploration Free Carbon in 2010
The mining multinational Rio Tinto will be the biggest recipient of public support under the Federal Government’s carbon trading scheme, with $462 million in free carbon permits expected to flow to the company in 2010.
Xcel Energy Plans Coal Mine Exploration and Development
Conservative coal-price predictions could skew comparisons with renewable energy
When Xcel Energy’s plan for how it will provide power to Colorado was approved recently by the state, it was lauded by environmental groups as one of the greenest and most visionary plans in the country.
Even so, the company’s estimate for what it will pay for coal [...]
Conocophillips Agreed To Pay $9.6 Billion For A Half Stake In Natural Gas Project
ConocoPhillips is an experienced developer and operator of LNG projects around the world and has strong ties to major LNG consumers in Asia.
ConocoPhillips, which boasts a market capitalisation of 125 billion US dollars, will make a 1.5-billion-dollar payment into the new joint venture at the end of 2010 and further payments as the project comes [...]
Mitsubishi Forecasts 25% Net Gain as Oil, Coal Surge (Update3)
Mitsubishi Corp., Japan’s largest trading company, said profit may rise 25 percent this year as soaring oil and coal prices bolster revenue from its energy and commodities businesses.
Net income will probably climb to a record of 580 billion yen ($5.6 billion yen) in the year that started April 1, from 463 billion yen in the [...]
Woodside Petroleum Ltd. Q2 output up, new projects eyed
Woodside Petroleum Ltd. (ASX: WPL.ax) , Australia’s largest independent oil and gas producer, reported a 9 percent rise in second-quarter output on Thursday, with at least three new projects due to come on-line in the next six months.
But output of 17 million barrels of oil equivalent (boe) was down 6 percent on the previous quarter, [...]
