The Directors of Orocobre Limited, “Orocobre” or “the Company”, the leading lithium-potash resource developer in the Puna region of Argentina are pleased to announce the further expansion of the Company’s lithium-potash project pipeline with two significant discoveries:
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Some time ago Steel Authority of India Ltd (SAIL) and Tata Steel on the government’s request to allocate a block of Indian coal mines managed by CIL.
Chairman of Coal India Ltd. (CIL) said, little was ready to develop coking coal blocks together Tata Steel. Coking coal blocks to be developed in conjunction with a small coal blocks with reserves of 7 million tons. As for coking coal blocks to be developed together with SAIL is a coal mining blocks 7-8.
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Felix Resources Ltd. said its shareholders approved Yanzhou Coal Mining Co.’s A$3.5 billion ($3.2 billion) takeover of the Australian producer, with final consent from the Chinese authorities expected within days.
About 99.8 percent of votes were cast in favor of the deal, Felix said in a statement today. Approval will be sought from the Federal Court of Australia to implement the transaction after consent is received from the China Securities Regulatory Commission, which is expected “in the next few days,” Brisbane-based Felix said.
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U.S. coal producer company, America West Resources signs LoI for coking coal operation in Shanxi Province, China. The coal mine will be operated is a coking coal mine owned by Shanxi Jiexiu Luxin Coal Gasification Company, a coal mining company in China. Luxin Company operates coal coking plant in Shanxi Province with annual production capacity of 600,000 metric tons. Coking coal plant built in addition to produce coke, also generates electricity using synthetic gas produced through gasification of coal. Read More…
Indian Government plans to sell 10% stake in the companies are not registered and listed coal mining company. Even shares of the largest coal mining company of India, Coal India (CIL) ready for action packed FY 10-11, other than the IPO. Coal India (CIL) joint ventures seeking to obtain $ 1.5 billion investment.
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Britain’s biggest coal producer, UK Coal reported a lower production than expected, prompting the company’s stock declined in the period of seven months. The problem companies face is a deep mine production. Mining company expects coal production could reach 6.2 million tons, but the company can only produce 5.7 to 5.8 million tons of coal through December. Read More…
Waratah Coal will build a fast track to transport coal mines in Queensland state region. Fast-track project coal mines worth A $ 7.5 billion. Fast track the development of coal transport will be developed in stages and the project supervision will be local mining companies Clive Palmer. Fast-track development of this coal is expected to be completed in 2013.
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Australian newspaper reported, asset sales Rio Tinto mining company is expected to reach $ U.S. 10 billion. New York Stock Exchange issued a list of recent bond sales and thermal coal mining company Rio Tinto.
Mining companies promotional activities to achieve sales target shares. Promotion activities conducted in the United Kingdom and the United States. Read More…
A subsidiary of Massey Energy has begun mountaintop-removal coal-mining operations on Coal River Mountain in West Virginia, the only peak in Coal River Valley that hasn’t been blasted away for mining. Blasting for the mine is taking place 200 yards from the Brushy Fork coal slurry impoundment, which holds 8 billion gallons of toxic coal sludge above the Coal River community.
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Growth in exploration activities in the coal mines in Mongolia resulted in a sharp increase coal production. Mongolia coal production lot imported into China, because the price of coal from Mongolia is cheaper.
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