10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.
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Lithium mining deposits in Bolivia is the largest lithium mine in the world. If the lithium mining exploration work, then Bolivia will become the supplier of raw materials in the world’s largest lithium.
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Mozambique is a country that has the potential mining areas are very rich. Many mining companies who want to invest in the region of Mozambique. Riversdale is an Australian mining company has discovered coal deposits in the area near the Zambezi River, Mozambique. Riversdale reports findings coal deposit is estimated to reach 1.5 billion tons. Found in coal deposits cover an area stretching 14 kilometers and the total coal deposits estimated at 1.7 billion tons. Read More…
A Gibson County coal mine is set to close in November, leaving 80 workers to decide whether to relocate to another mine or lose their jobs.
Peabody Energy notified the Indiana Department of Workforce Development this week that it will close one part of its Francisco Mine Complex.
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The Coal Ministry has recently sent as many as 39 showcause notices to companies on delayed development in their coal mines. But that has backfired! Sources tell CNBC-TV18 that more than half of these coal mines are old mines re-allotted to these companies. CNBC-TV18’s Katya Naidu reports.
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Anglo American Chief Executive Cynthia provides a view of the growth of the mining company with global economic conditions decline today. Growth in mining and mining exploration activities aided by China’s economic growth is fairly stable. Demand in China’s industrial sector of mining production is stable, although there are some notes about the decline in demand for some of the results of mining. Imports of copper and coking coal in recent months as China’s fiscal stimulus begin to offset the export decline.
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Investment in new exploration projects and mine expansions in Mexico will drop 25.3 percent in 2009 to $2.73 billion, compared with a year ago, as the financial crisis hits credit and metals prices, the national mining chamber said on Thursday.
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Fujian Daily reported, Zijin Mining has discovered reserves of copper mines and gold mines in the province of Fujian. Reserves of gold mines and copper mines is estimated around 80,000 tonnes. Zijin Mining to find reserves of copper mines and gold mines through mineral exploration activities Zijinshan basin. Read More…
Freegood Inc., a South Korean venture firm that focuses on the development of natural resources. Freegood has acquired a copper mining company Ivanhoe Mines Mongolia Inc. Copper mine site taken over by Freegood retreat located in truth, Mongolia. Copper mine has reserves estimated at 5 million tons of copper. Freegood funds disbursed about U.S. $ 24.82 million. Read More…
Australia reported estimates reported production of iron ore, thermal coal, copper and metals industry for the years 2009 – 2010, will likely decline to reach $ 862.8 million (A $ 1 billion). The decline of production and revenue from the mining sector due to low sale prices of mining products in world markets. Read More…
