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No deal, but Fortescueapos;s a big winner – The Age
Posted on June 4th, 2009 No commentsAndrew Forrestos;s Fortescue Metals is not involved in the Pilbara iron ore compact of Rio Tinto and BHP Billiton in the Pilbara but is has nevertheless emerged as a big winner. Investors pushed shares in Fortescue 14 per cent or 41 cents higher to $3 …
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Eco concern, corporate style – Times of India
Posted on June 4th, 2009 No commentsRANCHI: To check the hazards of green house effect due to irrational and rampant cutting of trees and depletion of forest cover due to urbanization and industrialization, corporate houses in Jharkhand have come forward to check the problem. Corporate …
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Rio Tinto must build new road to mine – Gillette News Record
Posted on June 4th, 2009 No commentsRio Tinto will have to build a new road along the railroad tracks if it wants to keep mining coal on the lease near the Cordero-Rojo mine. The need for that road came after the company approached the Campbell County Commission in December with a …
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33 in Breathitt sue coal company over flooding near Quicksand Creek – Lexington Herald-Leader
Posted on June 4th, 2009 No commentsThirty-three Breathitt County residents have sued a coal company, saying water and mining waste from holding ponds near Quicksand Creek exacerbated damage from flooding after heavy rains May 8 and 9. In a suit filed Thursday in Breathitt Circuit …
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Mining bill defeated: Greens applaud Coalition support – Australian Broadcasting Corp.
Posted on June 4th, 2009 No commentsThe New South Wales Greens say that they are glad Coalition MPs are now on the record as having supported a ban on coal mining on prime agricultural land. The bill was defeated yesterday in the Upper House, by just one vote. During the debate …
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Teck Resources sells more coal, sees China demand – Forbes
Posted on June 4th, 2009 No commentsTORONTO, June 4 (Reuters) – Teck Resources painted a brighter picture of demand for its coking coal on Thursday, saying it sold more than it will produce during the second quarter, and predicting rising demand from a Chinese steel industry in …
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Reportlinker Adds Clean Coal Energy Technologies: Markets and Trends … – Earthtimes
Posted on June 4th, 2009 No commentsCoal is the most abundant and economical fossil fuel in the world and over 6,400 million tonnes of coal were produced globally in 2008. More than 80% of the world’s coal reserves are located in the United States, China, India, Russia, Australia …
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Teck Resources sells more coal, sees China demand – Forbes
Posted on June 4th, 2009 No commentsTORONTO, June 4 (Reuters) – Teck Resources painted a brighter picture of demand for its coking coal on Thursday, saying it sold more than it will produce during the second quarter, and predicting rising demand from a Chinese steel industry in …
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Sector Snap: Analyst rates coal stocks quot;Buyquot; – CNBC
Posted on June 4th, 2009 No commentsNEW YORK – The coal mining sector will struggle under constrained volumes for the rest of the year, but should rebound in 2010 on a strong price recovery, said an analyst on Thursday who reiterated his Buy rating for a number of coal stocks. Stifel …
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Chinese iron ore swaps move – Financial Times
Posted on June 4th, 2009 No commentsChinese companies have started trading iron ore in the nascent derivatives market in a further sign that Beijing could be laying the ground to move away from the benchmark system of annual iron ore prices. The iron ore swaps allow participants to …
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