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NLMK to Develop Usinsk Coal Deposit in the Komi Republic

NLMK has won the right to develop the third mining area in the Usinsk coal deposit (Usinks-3) located in the north of the Komi Republic. NLMK was selected following a competition organized by the Subsoil Agency of the Komi Republic. The license fee is RUR900 million. The license granting the right to develop the mine will be obtained within two months.

23 Jan 2011

Challenger Deep Resources Reports Initial Phase I Exploration Results from Tabang Coal Project

Challenger Deep Resources Corp. (TSX VENTURE:CDE) announces preliminary results from the Phase I exploration of its 100% Tabang, East Kalimantan coal project.

21 Jan 2011

Avalanches Affect Coal Production for Teck Resources

Teck Resources a Vancouver based mining company said that avalanches in the Rogers Pass area of British Columbia will affect its first quarter sales figures for coal.

From Teck Resources Limited 20 Jan 2011

BHP Billiton's Coal Production Will Be Affected for Next Six Months

BHP Billiton said that its coal mining operations will be impacted due to the heavy rains and floods for the next six months. Production of coal is down to one third of the previous quarter.

From BHP Billiton Plc 20 Jan 2011

Malfunctioning System, Equipment Causes West Virginia Mine Blast

As the investigations progress officials say that a lack of protective measures, worn out drill bits and a presence of methane gas is what contributed to the mine blast which killed 29 coal miners last April. The West Virginian mine being investigated in Montcoal was an Upper Big Branch mine.

20 Jan 2011

Cobalt Coal Proceeds Phase I of Westchester Expansion

Cobalt Coal Corp. (TSX VENTURE: CBT) (OTCBB: CCCXF) has announced that the Westchester expansion is proceeding.

20 Jan 2011

Thiess Mining Awarded $1.3 Billion Coal Contract

Thiess Mining, a subsidiary of Leighton Holdings, hopes to extend operations at a Bowen Basin mine thanks to the $1.3 billion contract granted to it by Peabody Energy.

19 Jan 2011

Rio Tinto's Iron Ore Production Up

The multinational mining giant Rio Tinto has seen record iron ore production in the last quarter of 2010. There was a 6% increase in the quarterly production in the final quarter of the year despite the troubles with Iron Ore Company of Canada.

From Rio Tinto plc 19 Jan 2011

Improvement in South Africa's Mining Sector

Production in South Africa's mining sector has risen 9.6% in November on a yearly comparison. In October it had been revised to a 6.5% rise as per available statistics. This is indeed good news as the mining production was showing a negative annual growth rate at the end of May of -7.7%.

19 Jan 2011