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British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
International Coal Ventures Consider Picking Up Stake Mining Exploration in Australia, Canada, Africa and Mozambique
The special purpose vehicle (SPV), International Coal Ventures Ltd (ICVL), formed by SAIL, Rashtriya Ispat Nigam Ltd., NMDC, NTPC and CIL for scouting coal mines abroad, is now considering picking up stake in some mining companies in Australia, Canada, Indonesia, Africa and Mozambique.
Mechel Reports 2007 First Quarter Financial and Production Results
- Revenues of US$1.4 billion -
- Operating income of US$327.7 million -
- Net income of US$205 million, US$1.47 per ADR or US$0.49 per diluted share -
Mechel (Nachrichten) OAO (NYSE: MTL), a leading Russian integrated mining and steel group, today announced financial and production results for the first quarter ended March 31, 2007.
US$ thousand 1Q 2007 [...]
Mitsubishi Corporation Files its Investment Decision to Iron Ore Project in Western Australia
Mitsubishi Corporation (’MC’; TSE: 8058) is pleased to announce the execution of an agreement by its wholly owned subsidiary Mitsubishi Development Pty Ltd (”Mitsubishi”) with Murchison Metals Limited (”Murchison”) on the development of Murchison’s iron ore assets in the mid-west region of Western Australia (the “Agreement”). The Agreement also includes the joint development of the [...]
Waratah Coal Commences Drilling at Nymboida Coking Coal Prospect
Waratah Coal Inc. (”Waratah”) is pleased to announce that a drilling program has begun at its 100% owned Nymboida Project, in NSW Australia. This initial program will test the potential continuity of the Farquhar’s Creek coal seam beyond the localized area of historic mining activity. Historic laboratory testing of the Farquhar’s Creek seam highlighted its [...]
