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Australian Defence Departement Blocked Chinese Iron Ore Project in Central South Australia


Chinese investment in an Australian iron ore project has been blocked by the Defence Department in a move that has angered the mining industry.
Defence has told mining company Western Plains Resources that it will not agree to Chinese partners investing in its Hawks Nest project 120km south-east of Coober Pedy in central South Australia.

Puda Coal To Acquire 18% Stake In Shanxi Coal Mine Industry


Puda Coal, Inc. said it has entered into a definitive agreement of shares transfer to acquire 18% equity in Shanxi Jianhe Coal Industry Ltd. Co. from two of Jianhe Coal’s equity owners for RMB 100 million, or around $14.6 million.

Mining Companies Agreement Coal Mining Exploration in Moatize Coal Mine Review


Mozambican President Armando Guebuza on Friday laid the first stone for the construction of an open cast coal mine in Moatize in the western province of Tete, that will be operated by the Brazilian mining giant, the Companhia Vale do Rio Doce (nowadays known simply as Vale).

Vedanta Group, Mining Companies Golden Steps in Mining and Metal Industry


India’s Vedanta group is scripting a success story in mining sector with its brave decisions to acquire new companies even though the global meltdown has wreaked havoc in metal sector.

Fortune Mining Company Sign Agreement With TCC Coal Mine Project


Fortune Minerals Limited and the Tahltan Central Council (”TCC”) on behalf of the Tahltan Nation have entered into an agreement that commits the parties to the principles of cooperation and mutual respect.

Riversdale Mining Plans To Start Coal Mine Export From Mozambique 2010


Coal exports from Mozambique were all set for kick-off in 2010, the Cape Town coal conference heard on Thursday.

Mining Market Analysts : Australia’s Rich Exports Iron Ore Mine 2009


Lucrative Australian exports such as iron ore face a tough year as flatlining global growth and sluggish demand are set to topple resource prices from extravagant highs, analysts said.

Vena Resources Plans Increase Coal Mine Production Acquire Coal Project


Vena Resources Inc. is pleased to announce the acquisition of its first producing coal project with plans to increase tonnage deliveries to a large Peruvian cement manufacturer.

Tata Steel Coal Asset in Mozambique Mine Exploration Increase 200-million-tonne


Tata Steel’s coal assets in Mozambique are getting bigger by the day. The latest survey shows a 200-million-tonne increase in reserves which are in the Benga region of the country.
Australia’s Riversdale Mining, which Tata Steel has partnered for the Mozambique project, has announced its coal reserves to be 2.1 billion tonnes. This is the second [...]