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Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Chinese Companies To Increase Stake in Australian Mining Asset
As the debate over Defence Minister Joel Fitzgibbon’s Chinese associate continues, the Foreign Investment Review Board is poring over applications by Chinese-state owned companies to increase their stakes in the Australia’s mining assets.
Coal and Uranium Mining Company, Atomic Resources To Explore Coal Mine In Tanzania
Coal and uranium exploration company Atomic Resources has secured the concession rights to two new exploration locks covering the northern extension of the Ngaka coalfield in western Tanzania.
Korea Electric Power Corporation Sign Contract Receives Coal Mine Delivery From Australia
Bloomberg reported that Korea Western Power Company one of six generating units of state run Korea Electric Power Corporation agreed to take delivery of some Australian coal under 2009 contracts for USD 80 a metric ton.
Western Canadian Coal Sign Agreement Available Loan Facility to Cambrian Mining
Western Canadian Coal Corp announces that it has entered into an agreement dated December 31, 2008, pursuant to which Western will make available a loan facility on a secured basis of up to US$36 million to Cambrian Investment Holdings Limited, a wholly-owned subsidiary of Cambrian Mining Plc, the Company’s major shareholder.
Karnataka Power Corporation Limited Begins Import Coal-Mine
In a move to ensure sufficient fuel supply for its power generating stations, the State-owned Karnataka Power Corporation Limited (KPCL) has started importing coal from Indonesia.
According to Karnataka Power Corporation Limited sources, coal is being imported for a week now to tide over the sudden coal shortage caused due to heavy rains which disrupted mining [...]
Australian Mine Exploration, Cameco Corporation Sign Agreement Acquire Uranium Mine Exploration Project at Western Australian
Mining Exploration News, Cameco Corporation has signed an agreement to acquire a 70% interest in the Kintyre uranium exploration project in Western Australia for $346.5 million (US).
A joint venture comprised of Cameco (70%) and Mitsubishi Development Pty Ltd (30%) purchased the Kintyre project from Rio Tinto for $495.0 million (US) through a bidding process. Cameco [...]
Coal-to-liquid fuel project could bring $4 billion into North Dakota economy
North Dakota may be able to utilize another plentiful resource for gasoline other than oil.
Coal-to-fuel is an option which is being considered by some companies as a way to lessen our burden on imported oil.
“(Coal-to-liquid) is taking North Dakota lignite and turning it into gasoline,” said David Straley, manager of government and public affairs for [...]
Coal Mining Exploration System of Friendliness Environment
Asia Energy proposed to extract about 10-15 million tons of coal from Phulbari coal field adopting open-pit mining from final depth of 250 to 300 meters by removing 4400 million tons of overburden (rock, sand, mud, soil) covering an area of about 5.2 sqkm throughout the life of the mine i.e. 36 to 38 years. [...]
