Search Results

Chinese Mining Companes To Promote Clean Coal Technologies


10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.

Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent


Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]

India Mining Industry Will Reach a Total Value of US$45.40Bn


India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]

China Became the World’s Largest Supplier of Gold, Surpassing South Africa


The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry

Spot Iron Ore Sales To China At 9-Mth Low In Aug


Spot iron ore vessel bookings to China in August by the world’s two biggest exporters, Australia and Brazil, fell to a 9-month low, indicating strong demand from the world’s top steel maker may be slowing as steel prices slump.

Mining Company Earning Reported : Anglo American First-Half Profit Has Fallen 30.6 Per Cent


Global mining giant Anglo American’s first-half profit has fallen 30.6 per cent because of weak commodity prices.
Net earnings dived to $US2.97 billion (about $A3.56 billion) in the six months to June, compared with $US4.28 billion in the same period last year. Revenues sank 37.9 per cent to $US11.13 billion.

Problem Of China And Australian Iron Ore Producers To Encourage Increased Iron Ore Prices In India


India Globalization Capital, Inc. reported the increase in iron ore prices in India. Iron ore price increase due to the problems of trade between China and the manufacturers and suppliers of iron ore from Australia.

Rio Tinto Will Lose Advantage For Continuing Sale Of Iron Ore In Sport Market


The biggest iron ore producer of world, Rio Tinto will take decision having risk at reduction of advantage of company from iron ore sales revenue in spot market. Possibility there will be earnings loss of iron ore sale, because result of negotiation between Rio Tinto and world steelmaker company has not been agreed on.

Rio Tinto Consider Offering U.S Coal-Mine Unit


Rio Tinto Group, the world’s third- largest mining company, is considering an initial public offering for its U.S. coal unit after failing to find a buyer for the business, said a person familiar with the situation.
Rio was close to a deal with Alpha Natural Resources Inc., said two people who declined to be identified because [...]