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TAKE A LOOK-Rio Tintoapos’s planned tie up with Chinaapos’s Chinalco – Reuters UK
Posted on May 4th, 2009 No commentsA senior executive of Chinese metals firm Chinalco stands by a planned $19.5 billion tie-up with global miner Rio Tinto Ltd/Plc ( RIO.AX ) ( RIO.L ) amid speculation Rio might try to revise part of the deal to win shareholder support, according to an …
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Anglo American Q1 Iron Ore Production Increases – Update – RTT News
Posted on April 30th, 2009 No comments(RTTNews) – Thursday,geographically diverse mining group Anglo American Plc (AAUK: News , AAL.L), in its first-quarter interim statement, reported an increase of 22% in total iron ore production, mainly due to the additional production delivered by …
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UPDATE 3-Anglo posts weaker Q1 output, iron ore jumps – Reuters
Posted on April 30th, 2009 No commentsLONDON, April 30 (Reuters) – Mining group Anglo American Plc ( AAL.L ) posted weaker first-quarter output in most of its commodities, including a 90 percent plunge in diamond output, as it trimmed production amid weak prices. [ID:nLT372236] The …
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Chinaapos;s iron ore stockpiles fall to 68.83 mln tons by April 30 – Interfax Information Agency China
Posted on April 30th, 2009 No commentsShanghai. April 30. INTERFAX-CHINA – Iron ore stockpiles at Chinaos;s 22 major ports stood at 68.83 million tons on April 30, down 0.45 percent from April 24, while Indian iron ore stockpiles increased by 0.17 percent to 17.47 million tons, according …
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Could coal boom again in C.B.? – The Chronicle Herald
Posted on April 30th, 2009 No commentsMEMBERTOU — King Coal can rise again in Cape Breton, says the head of the federal agency that killed the centuries-old mining industry about 10 years ago, tossing thousands out of work. Devco president Ross McCurdy said the Sydney coalfield’s …
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SC lawmakers speak out against mountaintop mining – Times and Democrat
Posted on April 30th, 2009 No commentsCOLUMBIA, S.C. – Some South Carolina legislators are speaking out against mountaintop coal mining. The Sierra Club says several state lawmakers are gathering at the Statehouse Thursday to discuss the issue. A bill introduced by Rep. Carl Gullick, R …
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Battle for coal one that state officials must wage and win – Times West Virginian
Posted on April 30th, 2009 No commentsIt’s a battle that must be waged. West Virginia officials are fighting for the ability to keep one of the state’s primary revenue sources as a viable part of the economy. Gov. Joe Manchin recently met with officials from the federal Environmental …
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STOCKS NEWS EUROPE-Bisichi Mining higher after results – Reuters UK
Posted on April 30th, 2009 No commentsShares in Bisichi Mining ( BISI.L ), the UK miner with direct coal mining operations in South Africa, gains 5.7 percent after the company posts a record set of full-year results, with Numis Securities keeping its buy recommendation on the stock …
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Obama Administration Pushes to Reverse Mining Rule – The State Journal
Posted on April 30th, 2009 No commentsCHARLESTON — The Obama administration wants to overturn a Bush-era rule that allows the coal industry to dump more mining waste in streams. Secretary of the Interior Ken Salazar on April 27 said the stream buffer zone rule is legally defective, and …
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UPDATE 1-Ukraineapos;s Metinvest says buys United Coal – Reuters UK
Posted on April 30th, 2009 No commentsKIEV, April 30 (Reuters) – Metinvest, part of the sprawling empire of Ukrainian billionaire Rinat Akhmetov, said on Thursday it had bought U.S.-based miner United Coal for an unspecified amount. Local media have said the deal should be worth between …
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