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Exxonmobil And Petrochina Kontraka Approve Liquefied Natural Gas Worth U.S. $ 41.3 Billion
Trade relationship between Australia and China had experienced tension, because the case of disclosure of state secrets by Rio Tinto staff in the process of negotiating the sale of iron ore contract prices. But the tension between the two countries improved slightly with the signing of cooperation contract of liquefied natural gas supply between ExxonMobil [...]
Iron Ore Mining Company, Rio Tinto Halt Some Iron Ore Mining Operation After Rail Line Close at Western Australian Mines
Rio Tinto Group, the second-largest iron-ore producer, said the closure of a rail line at its Western Australian mines may extend into a fifth week.
Mining and Energy Companies Investment Delay by Global Financial Crisis
The deepening of the global financial crisis and the sharp drop in energy prices have forced companies to scale back spending and delay projects, with expensive ventures in the Canadian oil sands hardest hit.
Coal Mine Producer, Peabody Reported Fourth Quarter Earning 2008
Before market opens on Tuesday, one of the world biggest coal producer, announce reported earning for the fourth quarter and full-year 2008.
Prediction Growth Of Mine Exploration Result Request From China
BHP Billiton has followed rival Rio Tinto in alerting the markets to a slowdown in the voracious appetite of China for raw materials.
The world’s largest mining group said today that China was “not immune to the global slowdown” and that macroeconomic indicators showed that “Chinese growth has softened during the quarter, albeit from very high [...]
Xcel Energy Plans Coal Mine Exploration and Development
Conservative coal-price predictions could skew comparisons with renewable energy
When Xcel Energy’s plan for how it will provide power to Colorado was approved recently by the state, it was lauded by environmental groups as one of the greenest and most visionary plans in the country.
Even so, the company’s estimate for what it will pay for coal [...]
Rio Tinto Cintinue to Increase Iron Mine Exploration and Production From Pilbara mines
Rio Tinto says its expansion program has paid off with quarterly production records set in iron ore and alumina in the three months to June.
The mining giant said production of iron ore, which is the largest contributor to Rio’s earnings, increased 13 per cent to 41.9 million tonnes from a year earlier as the company [...]
The Big Mining Exploration Company Rio Tinto Sell Kintyre Uranium Mine Project
RIO Tinto has offloaded its Kintyre uranium project in Western Australia for close to $515 million as it continues its asset-disposal program.
The exploration project, said to have potential deposits of up to 80 million pounds of uranium, has been bought by a consortium comprising Cameco of Canada and Mitsubishi of Japan.
As soaring oil prices and [...]
Cameco Corp. and Japan’s Mitsubishi Corp Sign Agreement Acquire Mine Exploration Project in Western Australia
Canada’s Cameco Corp and Japan’s Mitsubishi Corp said on Thursday they will jointly acquire Kintyre uranium exploration project in Western Australia from Rio Tinto Ltd for $495 million.
Cameco will take a 70 percent interest in the project for $346.5 million while the Japanese trading house will acquire the remaining stake through its Sydney-based [...]
