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Virginia panel approves study of mining vast uranium trove
A state commission approved a study Thursday to examine the impact of mining a rich uranium ore deposit in Virginia believed to be the largest untapped trove of uranium in North America.
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 [...]
3 W.Va. sites receive coal mining reclamation awards
Eight coal mine operations in five states, including three from West Virginia, gained top honors in the annual competition overseen by the U.S. Office of Surface Mining Reclamation and Enforcement.
“These awards recognize the highest achievements in innovative techniques, reforestation, preparing mined land for long-term agricultural use and building enduring community infrastructure,” said Brent Wahlquist, OSM [...]
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 [...]
Leighton Holdings Wins Contract for Wesfarmers Coal Mine
Leighton Holdings Ltd., Australia’s largest engineering and construction company, won a A$260 million ($207 million) contract extension at Wesfarmers Ltd.’s Curragh North coal mine in Queensland state.
Leighton’s Thiess Ltd. unit won a 33-month contract at the Bowen Basin site to mine almost 90 million cubic meters of overburden and coal at the site, Leighton said [...]
Massey Energy Plans Expanding Coal-Mine Exploration and Industry
Earlier this year, Massey Energy announced plans for a major expansion that involves raising at least $850 million in capital to hike production. The Richmond, Va.-based company hopes to increase production 25 percent by 2010. Massey operates mines in West Virginia, Kentucky and Virginia.
The workforce may be increasing even more, as coal prices and [...]
BHP Billiton Restarting Iron Mine Explroation in Australian
The world’s biggest miner, BHP Billiton Ltd/Plc, began restarting its Australian iron ore mines a day after shutting down operations over the death of a second mine worker in 10 days, a company spokeswoman said on Saturday.
BHP shut in a third of Australia’s production when it halted production on Friday, and the Yandi mine where [...]
Increase Demand Iron Ore and Metals Mine Exploration Result From China
Rio Tinto, the mining group that is fighting a bitter take over battle with larger rival BHP Billiton, said yesterday that half-year profit more than doubled to a record on strong demand from China for iron ore, aluminium and other metals.
Profit for the six months through June 30 surged by nearly 113% to $6.91bn (about [...]
Mining Company Share on Trade and Market, What happen Rio’s Shares Dropped Slightly on London Trading
Why are Rio shareholders so anxious when growth is sizzling? They’re worried that the record runup in global commodity prices may finally have peaked. They also fret that the booming Chinese economy—the major driver of soaring costs for resources like iron ore and copper—could slow or even slump now that the 2008 Beijing Olympics are [...]
