Coalspur Mines Limited is pleased to announce it has substantially increased the Vista South Coal Project ("Vista South") Measured and Indicated Coal Resources to 470.5 million tonnes ("Mt") and upgraded the Inferred Coal Resource to 604.5Mt, following a recent drilling program.
Colombia Energy Resources, Inc., a metallurgical coal exploration and production company operating in the Republic of Colombia, anticipates transportation cost savings from the planned multi-billion dollar infrastructure renovation by the Colombian government and private industry. As a direct benefit of the infrastructure investments being made, CERX expects to use both the railroad and river barge system to bring its metallurgical hard coking coals to international markets.
US China Mining Group, Inc., a Chinese leader in coal production and exploration in the People's Republic of China, today announced financial results for the first quarter ending March 31, 2012.
TurkPower has reported that Sibcoal Mining, TurkPower’s wholly owned subsidiary, has purchased 100% of a 49-year lease in order to expand, mine and operate the Zavyalov Square Part 1 (Zavyalov) located in the Toguchina Coal Field.
Canadian resource company, Goldsource Mines announced that it has concluded an updated resource evaluation for the Border Coal Project.
A federal inquiry team studying the effects of the ‘fly in fly out’ workforce is moving around regions that are affected by this mining practice. The inquiry is being conducted by the House of Representatives Standing Committee on Regional Australia to see exactly how the mobile workforce impacts the local community.
Usibelli Coal has been granted permission to open its new coal mine in Canada. The Department of Natural Resources gave the company permits to open a new pit mine in the north east of Healy at the Jumbo Dome Mine.
The Spring Creek Mine near Greymouth, New Zealand has been shut down by safety inspectors. Solid Energy is to explain the mine safety failures before the Department of Labor decides to lift the ban on underground work in the mine.
As per the Reserve Bank of Australia’s Deputy Governor, the mining boom has benefited more than just Western Australia and Queensland.
Xstrata is closer to moving ahead with the construction of the $6 billion Wandoan coal project located in Queensland, but is seeking another investor to come onboard project. The mining giant has appointed Macquarie Capital to handle the sale of 20% interest in the project while it waits for a land court ruling on a mining license.
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