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ENRC To Bid $ 950 For The Purchase Of Junior Mining CAMEC


Kazakh mining group company, ENRC plans expansion in the mining sector, African countries that have potential for mineral resources in exploration. CAMEC is a junior mining attention from ENRC to buy. To purchase the junior mining CAMEC provide funds $ 950. But the desire to buy the mine ENRC junior CAMEC will get resistance from [...]

Gold Mining Companies Equity Preview, Mining Operation Project in South Africa


The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.

Delta Mining Interest In Coal Mine and Iron Ore, Plans Listing To Fund Acquisition


Delta Mining Consolidated Ltd., which has interests in coal and iron ore, plans to list on Johannesburg’s stock exchange this year to help fund acquisitions in Africa, Chief Executive Officer Heine van Niekerk said.

Glencore Wins Control Underground Copper Mine in Congo


Glencore International AG may win a controlling stake in the biggest underground copper mine in the Democratic Republic of Congo with a $265 million loan that will keep Katanga Mining Ltd. afloat.

Mining Exploration Companies Competition Review, Rio Tinto and BHP Billiton Mine Exploration Result Sale


European Union antitrust regulators widened a probe of the BHP plan earlier this month saying they have “serious doubts” about a combination that would control more than a third of the world’s iron ore, the main ingredient in steel. Metals prices dropped 15 percent since March on concern that growth in China, India, the U.S. [...]

Coal Exploration in South Africa : Rio Tinto Make Big Plan Find and Exploration Coal


Diversified miner Rio Tinto Ltd said on Wednesday it has made a significant coal discovery in South Africa, which has total resource size of over 1.04 billion tonnes.
The coal was found in Limpopo province, a coal basin located in the north of South Africa. It is bituminous thermal coal that is suitable for generating electricity, [...]

Asia Coal-Prices climb above $54 on bullish demand


Benchmark Australian spot thermal coal prices rose above $54 a tonne, the highest level in more than three weeks, as active Asian buying was compounded by a lack of spot coal supplies.
Thermal coal, used for power generation, rose $1.37 from a week earlier to $54.66 per tonne, the globalCOAL NEWC index showed on Monday, based [...]

Asian profits Coal-Full with the prices of teeth of request of Asia


The thermal coal prices of Australian spot of reference mark rebounded of a two months bottom and went up above $53 per ton, thanks to an Asian request full and a tightening with the provisioning indonésiens due to the recent floods.
The thermal coal, used for the production of electricity, rose $1.07 one week more earlier [...]

Central African Mining & Exploration Company Plc, agreement to acquire the additional shares of extracting Katanga limited


Central African Mining & Exploration Company Plc (”CAMEC” or the “Company”), the AIM listed fully integrated exploration, mining, trading and investment company, is pleased to announce that it has entered into private agreements with select shareholders of Katanga Mining Limited (”Katanga”), pursuant to which CAMEC has agreed to acquire an additional 8,298,300 common shares of [...]