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Sasol Coal Mining Company to Build New Coal Mine Exports
Coal mining company Sasol has allocated R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation.
The Thubelisha export coal mine, already under construction, will also supply Sasol’s synfuels factory in Secunda, in Mpumalanga province.
Sasol Mining’s output in the six months to December 31 was up 6%, but its profit of R170-million was [...]
Tata Steel Interest To Investment Mine Exploration Sector, Specialy Iron Or Mine Exploration in WA
Scouting for iron ore reserves to feed Anglo-Dutch steel maker Corus, Tata Steel is looking at acquiring an iron ore mine in Western Australia, which has billions of tonnes of reserve of the commodity.
“Tata Steel has expressed interest to invest in Western Australia’s iron ore sector,” Eric Ripper, Deputy Premier, Treasurer, Minister of [...]
Australian Mining Future and New Investment : China’s Looking For To Buy Mining assets in Australia
Australia said no Chinese companies have been told to withdraw applications to buy into Australian resource firms, despite media reports Canberra was pressuring China to back away from such investment.
China’s miners and steelmakers are looking to buy mining assets in Australia to lock in supplies of raw materials such as coal and iron ore to [...]
Coal use grows despite warming worries
Almost nonstop, gargantuan 145-ton trucks rumble through China’s biggest open-pit coal mine, sending up clouds of soot as they dump their loads into mechanized sorters.
The black treasure has transformed this once-isolated crossroads nestled in the sand-sculpted ravines of Inner Mongolia into a bleak boomtown of nearly 300,000 people. Day and night, long and dusty trains [...]
Energy deal with Iran could derail U.S. nuclear agreement with India
A controversial energy agreement involving Iran could spell the end of a groundbreaking nuclear deal between the U.S. and India.
With Iran and India reportedly close to finalizing a long-negotiated agreement on a natural-gas pipeline, there is mounting pressure on members of Congress to renounce their initial support for the historic nuclear deal. The pipeline prospect [...]
China-backed Dehua says Canada lacks a labour pool that is skilled underground
A Chinese-backed company pursuing a coal project in northeastern British Columbia wants to have a mine up and running by 2009 – and proposes to bring as many as 400 workers from China to build it.
Canadian Dehua International Mines Group Inc., a Vancouver-based company whose shareholders include a Chinese steel manufacturer, has filed a [...]
China-backed Dehua says Canada lacks a labour pool that is skilled underground
A Chinese-backed company pursuing a coal project in northeastern British Columbia wants to have a mine up and running by 2009 – and proposes to bring as many as 400 workers from China to build it.
Canadian Dehua International Mines Group Inc., a Vancouver-based company whose shareholders include a Chinese steel manufacturer, has filed a [...]
Golden Eagle Confirms Confidence Demonstrated by Recent World-Class Projects in Bolivia
Golden Eagle International, Inc. confirmed its scheduled Conference Call and simultaneous Webcast on Thursday, March 8, 2007, at 4:15 p.m. EST (3:15 p.m. CST; 2:15 p.m. MST and 1:15 p.m. PST). The Webcast will feature a PowerPoint presentation updating progress on the C Zone gold project and the Buen Futuro A Zone gold-copper project. (IMPORTANT: [...]
Coal blocks too may get NELP
The government may consider a new policy on the lines of New Exploration and Licencing Policy (NELP) for awarding coal blocks for liquefaction and gassification. The move is aimed at promoting investment in this specialised area that is in a nascent stage of development.
The Budget has proposed that the definition of approved end-users for allocation [...]
