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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.
Mining Exploration Victim, Gold mine collapse in Guinea 4 workers Dead
At least 14 illegal gold miners were killed in Guinea on Wednesday when disused mineshafts they were working in collapsed, a witness said.
The mine collapse happened near the village of Boireyah, near Siguiri, 800 km (500 miles) east of Conakry.
Usibelli’s Estimate Coal Mine Resource in Alaska’s
Steve Denton, Usibelli’s vice president for business development, believes his company could supply coal to a new mine-mouth coal-fired power plant, such as one proposed by Usibelli at Emma Creek, for $1.50 to $2 per million British Thermal Units, which could be one-third to half the cost that gas brought to Interior Alaska from the [...]
Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand
Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining [...]
Mining Exploration Regulation Alaskans to Vote on Mining Regulation Proposal
Alaskans in the primary election will vote on Ballot Measure 4, an initiative that opponents say will kill large-scale mining in Alaska but supporters say will save Bristol Bay’s wild salmon streams from a toxic spill at the Pebble Mine.
Supporters of Ballot Measure 4 say it is needed to protect the world’s most productive wild [...]
Activity of Mining Exploration South Africa Faces Increase of Expense In Other Sector
South Africa’s giant mining companies were badly hit by a strike over rising power, food and fuel prices that threatened to bring the continent’s biggest economy to a standstill.
As global mining leaders such as Anglo Platinum (Angloplat) , the world’s top producer of the precious metal, counted their losses, powerful unions prepared for marches across [...]
Condition Of Commerce Of Mining Exploration Sector, Gain Of Massey Merger On US Coal Mine Exploration
Taker over mine company Alpha Natural Resources Inc. by Cleveland-Cliff equal to $10 billion is an the biggest acquisition process in coal industry.
While the worldwide bear market slowed mergers and acquisitions by 35 percent in the first half of the year, takeovers of energy and mining companies jumped 33 percent so far this year as [...]
Mining Exploration Company Greencastle Resources Ltd. Coal Exploration permit on the Saskatchewan
Greencastle Resources Ltd. is pleased to report that in early May, the Company applied to the government of Manitoba for a coal exploration permit on the Manitoba / Saskatchewan border.
The recent coal discovery in Saskatchewan by Goldsource Mines Inc. has resulted in a rush of permit application activity, covering a large area of [...]
Mining Sector Planning Zimbawe Government
While the world waits for news about the outcome of Zimbabwe’s elections, Zimbabwean newspapers at the weekend reported that Robert Mugabe’s Zanu-PF planned to seize foreign-owned mines to win over votes.
Across the front page of The Zimbabwean yesterday were splashed headlines suggesting that Mugabe had set his sights on foreign-owned mines after running “out of [...]
