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Radar Enters Into an Agreement to Create a US Coal Mining Company
Radar Acquisitions Corp. is pleased to announce that Radar has entered into an agreement to create a US coal mining company in partnership with a group of private investors in Alabama. Under the agreement Radar will own 49% of RAC Mining with the remaining ownership being held by two Alabama based mining companies. The [...]
Low spot iron ore and coking coal prices should benefit NMDC and JSW Steel
Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the world have pulled down prices of commodities, including iron ore and coking coal.
Mining Companies Investment Deal Review : BHP Billiton Revive Bid for Rio Tinto and Investmen Deal With Chinalco
BHP Billiton is unlikely to attempt to resurrect its bid for Rio Tinto while the target continues to proceed with its $US19.5 billion ($28 billion) investment deal with Chinalco.
Anglo Mining Company Opinion, Mining Exploration and Industry in South Africa Needs Integrated Strategy
South Africa needs a clearer and more integrated coal and energy strategy for the next decade and beyond, Anglo American PLC said.
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.
Thunder Bay Top Port Coal Mine Exploration Shipment
Higher Great Lakes water levels, continued strong coal shipments and a windfall of wind turbine traffic all contributed to strong tonnage totals through July, yet Duluth-Superior’s maritime commerce is lagging slightly behind last year’s record-setting pace, the Duluth Seaway Port Authority reported today.
All cargo through July totaled 21 million short tons, 6.5 percent behind 2007, [...]
Mining Exploration Company Agreement, BHP Billiton About Agreement Of Rio Tinto And Company Produce Of Mine China
As reported on some few days ago, rio tinto has done contract hand marker the price of iron ore with China company steelmaker to increase price of 96.5%.
Today BHP Billiton gives statement relating to production and exploration BHP Billiton and about agreement made by Rio Tinto and company produce of mining products China.
BHP Billiton [...]
Utah Oil Promising Alternative Oilfield Source
Years of rising energy demands have significantly depleted traditional and easily-acquired energy resources, even as large deposits of unconventional resources have remained undeveloped due to the high expense and complicated technology involved in extracting them. But with the price of crude oil and gasoline up and supply shrinking, nontraditional resources are being seriously considered as [...]
Iran and Russia Learn to Dance the Natural Gas Contango
(Contango-a trading term whereby the future price of a commodity is quoted higher than the price for current delivery)
What’s worse than one bully? A mafioso of them. And if Iran’s Supreme Leader Ayatollah Ali Khamenei has his way, the world’s largest natural gas producers might try to form such a mafia to manipulate markets and [...]
