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Riversdale Mining To Start Mining Exploration in SA, Coal-Mine Future Growth Project
ASX-listed Riversdale Mining on Wednesday said that the development project of the Ngwabe block at the Zululand anthracite colliery (ZAC), in South Africa, has been approved, and that negotiations were under way to start the project in the first quarter of 2009.
In the company’s quarterly activities report, it said that the final shaft position had [...]
Mozambique Exhausts All Coal Mining Concessions
Mozambique had exhausted all of its coal concession areas available for surveying and mining the energy mineral, Mineral Resources Minister Esperança Bias said here Monday.
The minister said that she believed that, for now, the challenge to the country and its companies was focused on investments in the area to support the development of mining [...]
Mining Exploration And Development Company Stocks On Market and Trade Reports
Bloomberg online news today report, the biggest mining exploration and development company, BHP Billiton and Incitec Pivot Ltd. led drops in commodity stocks on concern looming recessions in the U.S., Europe and parts of Asia will further cut raw-material prices and demand.
BHP slipped as much as 5.6 percent to an 18-month low and Incitec [...]
Gold Mining Developer and Operator, Dutch Gold Resources Announces Strategic Acquisition With Aultra Gold Resources
Dutch Gold Resources, Inc. a developer and operator of proven gold mines and a regional mill in North America, today announced that it has entered in a Memorandum of Understanding to merge with Aultra Gold Resources, Inc. a junior gold mining and exploration company with properties in Montana and Nevada.
Dan Hollis, Chief Executive Officer [...]
Coal Mine Exploration and Development, Kailuan Clean Agreement With Canada Dehua International Mining to Develop Canadian Coal Mine
It is reported that Kailuan Clean Coal, located in China’s Hebei Province, has signed a JV agreement with Canada Dehua International Mining in Beijing to develop Gething coal mine in Canada.
The total investment to mine prospecting will be USD 50.5 million in which Kailuan clean coal will put USD 5.5 million in cash and Dehua [...]
China’s Xinwen Mining Develop Gas Resources From Chinese Coal Mine Deposits
Australia’s Linc Energy , which is building a synthetic diesel plant in Queensland state using coal, expects to start up its demonstration plant in the next few days, managing director Peter Bond said.
Linc, which announced a partnership with China’s Xinwen Mining Group earlier this month to develop gas resources from Chinese coal deposits, was also [...]
The Biggest Mining Exploration Company, BHP Billiton to Supply Uranium to China
The world’s biggest mining company BHP Billiton said Wednesday it intended to supply uranium to China for decades to come as the Asian superpower ramps up its nuclear energy programme.
The chief executive of the Anglo-Australian miner, Marius Kloppers, said BHP Billiton was “very actively positioning” to take advantage of China’s move towards greater use of [...]
Mining Exploration Future’s, Industry Expert Analyst
Every segment of the mining industry and the companies that support it continue to enjoy great success with no end in sight despite trouble on Wall Street, industry leaders said Monday at a national conference and trade show.
Much of the optimism can be attributed to the unprecedented demand from China and India, said Harold Quinn, [...]
Waratah Coal To Expand New Thermal Coal Resource in Galilee Basin Coal-Mine Project
Waratah Coal CEO committed to its plans for an export coal project in Central Queensland. The Company wants to open up a new thermal coal resource in the Galilee Basin. To date exploration by Waratah Coal has inferred over 4.3 Billion Tonnes of thermal coal resources.
