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Australian Mining Companies Plans Into Oppurtunities in Coal Mine Exploration and Hard Rock Mining in Vietname
Australian companies joining the first Austrade Mining Mission to Vietnam will visited Vinacomin’s coal mines in Quang Ninh province yesterday, beginning a three-day program to gain an insight into opportunities in the coal and hard rock mining sectors.
Massive Options Trade Signals Gold Mine Producer
My Options Radar was buzzing late in the day following a massive trade in the Gold Miners ETF.
Trade Breakdown
Gold Miners (GDX) saw a very large institutional player come in yesterday with a large trade that hit the ISE at 3:55pm when 30,000 September $28 puts were sold close to the bid;
Peabody Energy Will Open Largest Surface New Coal Mine in Illinois Basin
Peabody Energy Corp. (BTU) said Tuesday it will open the largest surface mine in the eastern U.S. after signing long-term supply contracts with two Midwest power generators.
Falling prices give China chances to buy copper mines
Falling copper prices are providing opportunities for cash-rich Chinese firms to buy overseas resources, a senior executive at China Nonferrous Metal Mining said on Monday.
But falling prices and the global financial turmoil could delay existing copper projects in Chile, the world`s top producer of the metal, a director at that country`s copper commission (Cochilco) told [...]
Exploration Company of Iron Ore Mine, Cape Lambert, Sells Asset to China
Exploration company asset of iron ore mine, Cape Lambert, in Australian in selling to China mining exploration company, China Metallurgical Corp.
Cape Lambert in February agreed to sell its namesake iron ore project to MCC Mining Pty Ltd for A$400 million ($380 million). MCC Mining is a wholly owned by China Metallurgical.
Evraz, partly owned by Russian [...]
Three Bankers To Buy Coal Mine Blocks In Indonesia
Country’s largest power producer NTPC has appointed three merchant bankers to acquire two coal blocks in Indonesia as part of efforts to meet shortfall in the domestic market.
“We have finalised three merchant bankers to acquire coal blocks in Indonesia,” R S Sharma, chairman and managing director of NTPC, told reporters here.
He, however, declined to give [...]
28 Coal Mining Project in Central Queensland Ready Export and Mine Development
AFTER years of frustration for the industry from infrastructure bottlenecks, exacerbated by recent heavy rains, coal companies are beginning to position themselves for the next export and mine development boom.
Mines and Energy Minister Geoff Wilson told Parliament last week there were 28 advanced coal projects in Central Queensland alone.
“Seventeen are new mines”, the minister said, [...]
BCE, Centerra Gold, Denison Mines: Canada Equity Market Preview
The following is a list of companies whose shares may have unusual price changes in Canadian markets today. This preview includes news that broke after markets closed on June 22. Stock symbols are in parentheses after company names and prices are from the close on June 22.
The Standard & Poor’s/TSX Composite Index fell 109.70, or [...]
BCE, Centerra Gold, Denison Mines: Canada Equity Market Preview
The following is a list of companies whose shares may have unusual price changes in Canadian markets today. This preview includes news that broke after markets closed on June 22. Stock symbols are in parentheses after company names and prices are from the close on June 22.
The Standard & Poor’s/TSX Composite Index fell 109.70, or [...]
