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Ukraine Mine Exploration Company, JSC Coal Company to Modernize Coal Mining Operations
The JSC Coal Company Krasnoarmeiskaya Zapadnaya is the latest Ukraine company to modernize its coal mining operations by signing a framework agreement with GE Energy. Under the agreement, JSC plans to install up to 20 of GE’s ecomagination(TM)-certified Jenbacher coal mine gas-fueled cogeneration units. The engines will use the active mine’s own methane gas to [...]
Iron Mine Exploration Company Review, Reviewing a Partial Sale of its Hamersley Iron Operations
There is a view that Rio Tinto is actively reviewing a partial sale of its Hamersley Iron operations to drive a broad revaluation of its global asset pool in the face of BHP Billiton’s $US160 billion ($170 billion) takeover offer.
The idea is that Rio Tinto could attempt a private auction of a healthy sliver of [...]
China and India Make Plan Increase Uranium Prices
Asian Mining Exploration News, The uranium industry’s worst year is about to collide with a nuclear construction programme in India and China that rivals the ones undertaken during the oil crisis of the 1970s.
The result is likely to be a 58% rebound in uranium to $90 (Rs3,870) a pound from $57 now, according to Goldman [...]
