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EPA Approves Mountaintop Removal Coal Mine in West Virginia
The Environmental Protection Agency has approved a controversial permit with water policy implications for a West Virginia mountaintop removal coal mine.
The permit now goes to the Army Corps of Engineers, which has final authority. The Obama administration has been wrestling with the issue of mountaintop mining’s impact on water quality.
Iron Ore Price in China Market Uncertainty
Iron ore price in China market faces an uncertain condition, because the results of negotiations China Iron and Steel Association with iron ore mining company did not give the results of determination of iron ore prices for 2010. China is the biggest consumer of iron ore, as China has a steel plant enough.
Brazilian Government Plans Increase Iron Ore Export Tax 5 Percent
The Brazilian government while studies to increase the possibility of iron ore export tax to 5 percent. But the Brazilian government faced problems with the company’s largest iron ore mining in Brazil, Vale. The Brazilian government criticized the policy of the mining company Vale, as Vale not increase investment in Brazilian country.
The Future System Of Annual Benchmark Iron Ore Price
Iron ore trade system in 2009, is a bad year. Negotiations between producers and importers of iron ore, iron ore walk a lot. Even end up having to involve the court over the case to deliver information that is confidential.
Iron ore price negotiations went a lot because of iron ore importer, China refuse iron ore [...]
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Rio Tinto Reported Iron Ore Mine Production Falls 15 Percent on Flood, Iron Ore Mine Demand Slump
Rio Tinto Group, the world’s third- largest mining company, reported first-quarter iron ore output fell 15 percent after floods cut deliveries from its Australian mines and demand from steelmakers slumped.
Mexican Mining Industry Investment Drop 30% to $10.5 Bln
Mexico’s mining industry investment may drop as much as 30 percent through 2012 as companies slash exploration because of lower metal prices and labor disputes, according to the country’s mining group.
Impact EPA Mining Permit Review : Coal Mining Companies Worried About Mine Permit Reviews
The Obama administration’s decision to hold coal mining permits to a high environmental standard has struck a note of economic fear in Appalachia, where mining — including the kind of mining that blows up mountaintops — has been a shield against hard times afflicting the rest of the nation.
Mining News From Global Mining and Steel Summit in NY, Appetite For Risk Rises With Gold Price
As gold prices have surged near $1,000 an ounce, miners’ appetites for geopolitical risk have grown as well.
