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Mozambique Plans To Become Major Coal Mining Companies
Brazilian mining company Vale has launched a US$1.3bn coal mining project in Mozambique.
The new plant is expected to produce 11 million tonnes of coal a year, to be exported to Brazil, Europe, Asia and the Middle East.
National Coal Corp. Reported Finance and Coal Mine Exploration and Production 4Q Year End 2008 Result
National Coal Corp., a Central and Southern Appalachian coal producer, reports that for the year ended December 31, 2008, it achieved total revenues of $132.6 million based primarily on the sale of 2.0 million tons of coal.
Mining Sector Future at South Africa Mine : Mining Exploration and Mining Industrty Sector Report First Quarter 2009
The combined effects of the global economic crisis, plummeting commodity prices and an earlier power crisis have greatly impacted the South African mining sector.
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.
Australian Iron Ore Mining Company To Fast Track Development Iron Mine Project
Emerging Western Australian iron ore company, Iron Ore Holdings Limited, is set to fast-track development studies for its 100%-owned Iron Valley Deposit, located near Yandicoogina in the Central Pilbara, after announcing a Maiden Global JORC Inferred Resource of 88.2 Mt @ 58.5% Fe (4.4% SiO2, 2.9% Al2O3, 0.19% P, 7.7% LOI) for the recently discovered [...]
EBRD To Invest Coking Coal Mine in Private Mongolian Mining Sector
EBRD is taking an equity stake in a privately held Mongolian mining operation, in an investment that will strengthen the role of the private sector in this crucial industry, boost competition and set a new benchmark in environmental and health and safety standards.
Goldcorp Reported Record Gold Production Increase 7% in Fourth Quarter
Goldcorp Inc. today reported record gold production of 691,800 ounces for the quarter ended December 31, 2008. Reported net earnings amounted to $958.1 million in the quarter, or $1.31 per share,
Gold Mining Company, Barick Gold Corp Reported Result Gold Production and Net Profit
Barrick Gold Corp. said Friday goodwill writedowns on several projects including its oil business swung the world’s largest gold producer to fourth-quarter loss.
Labrador Iron Mines Announce Financial Condition, Mining Company Start-Up Iron Ore Project
Labrador Iron Mines Holdings Limited announces that it has filed its unaudited Financial Statements and MD&A for the third quarter and nine months ended December 31, 2008.
