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Indian Coal Buyer Avoiding Shipping Coal Mine From South Africa
Indian traders said that Indian coal buyers are avoiding shipping from South Africa’s Richards Bay Coal Terminal put off by much slower bunker fuelling and higher bunker prices.
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.
The Big Mining Company, Rio sees ops robust to weather crisis
Global miner and takeover target Rio Tinto sees most of its projects in a strong position to weather any economic scenario, with its new ilmenite project on track to produce in 2008, it said on Sunday.
Chief Executive Tom Albanese said the $1 billion ilmenite project in Madagascar was a good example of a project [...]
BHP Billiton Reports Copper Mine Exploration Result in Chile To Drop
Supplies from Escondida, the world’s biggest copper mine, increased 18 percent in 2007.
BHP Chief Executive Officer Marius Kloppers said “For the next two years, we’ve got a 10 to 15 percent production decline, and then we’ll resume the trajectory it was on earlier.”
Declining mine quality, insufficient power supplies and labor unrest have curbed copper production [...]
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 [...]
Sultan Mining and Energy Will First Shipment of Coal Mine Result
Sultan Mining and Energy Development Corp. will make the first overseas shipment of its coal mine exploration output after entering into a supply contract with Switzerland’s Glencore International AG, documents from the Department of Energy (DOE) showed.
Glencore, one the world’s largest suppliers of commodities and raw materials, will purchase 90,000 metric tons of local coal [...]
Mining Exploration and Producer Companies Increase Profit and Added Cost
These are boom times for mining companies but the big profits are being eaten into not only by spiraling energy costs but suddenly rising prices for the explosives used to blast into the rocks.
It’s all because of the high price of natural gas, which when converted into ammonia is used to produce ammonium nitrate, [...]
Mining ExplorationForum Discusse : Exploration of Coal Mine and Energy Alternative of Earth Safety
Environmental activist and climate change educator Peter Sinclair and coal plant project development manager Janet Vanderpool can agree on a few things: both are seeking low-cost energy, and the U.S. government needs federal regulations to control carbon dioxide emissions.
But they don’t agree on what the role of coal should be in the future, and they [...]
First Large Coal-Fired Power Plants in Michigan
In the battle over global warming, front lines are forming in places like Bay City and Midland — proposed sites for Michigan’s first large coal-fired power plants since 1984.
If given the go-ahead, the plants could operate for 50 years. That’s an eternity to environmental groups upset that existing coal plants pollute the air and emit [...]
