Miners in Spain continued their protest of the EU decree that will force their government to phase out coal industry handouts by next year.
By Dr. Cameron Chai
23 Sep 2010
Moly Mines Ltd (ASX,TSX:MOL) issued a statement saying that it shipped out 70,000 tonnes of ore from Atlas Iron on the bulk panama vessel Bergen Max from its Utah Point berth and loader at Port Hedland.
BHP Billiton's hostile takeover bid for Potash Corp has taken a setback with a law suit being filed against it by Potash.
The New Delhi based company Bhushan Steel has shown interest in making an on market takeover bid for Bowen Energy Ltd (ASX:BWN), an Australian coal and minerals exploration company, focused on the exploration and development of coal and mineral resource projects in Australia and the Asia-Pacific region.
Petra Diamonds Ltd, the second largest producer of diamonds in Africa, has posted a record post tax profit of U.S.$70 million for the year ending June 30, 2010.
Continental Coal Ltd's (ASX:CCC) new South African mine has surpassed production targets barely two months after opening.
By Joel Scanlon
22 Sep 2010
Large increases in the volumes of minerals being shipped out of Australian ports will see commodity exports rise to unprecedented levels.
By Joel Scanlon
22 Sep 2010
Tired of the bottlenecks at the Port of Newcastle Xstrata has decided to use its own coal trains in Hunter Valley. The company will spend $130 million procuring three coal trains to start Xstrata Rail. The Swizz based mining company is hoping to haul 12 million tonnes of coal per year with its three train fleet.
By Dr. Cameron Chai
22 Sep 2010
Artha Resources Corporation (TSX.V:AHC) has made good progress with the reconnaissance work at its Cachi rare earth property in Salta Province in Argentina.
By Dr. Cameron Chai
21 Sep 2010
Australia's Environment Protection Agency has given its approval to the environmental scoping document for Toro Energy's 100%-owned Wiluna Uranium Project, 30 kilometres southeast of Wiluna in Central Western Australia.
A group of coal industry companies are hoping to stop the Obama administration's surface mining policy.
By Joel Scanlon
21 Sep 2010
Australia's Reserve Bank Governor Glenn Stevens said that interest rates will rise soon despite soft consumer spending and tight household budgets, because of the booming mining industry. Australia is riding the largest minerals and energy boom since the late 19th century.
By Joel Scanlon
21 Sep 2010
Atlas Iron (ASX:AGO) is sending its first shipment of iron ore to the new Utah Point port from its mines at Wodgina and Pardoo in the northwest of Pilbara, Western Australia.
The children of North-West Queensland mining town of Mount Isa seem to be paying a high price for living near one of the most productive mines in world history.
By Dr. Cameron Chai
20 Sep 2010
New Zealand's only listed local coal mining company, Pike River Coal (NZX: PRC, ASX: PRC), is seeking short term working capital to help pay for its West Coast coal mine in New Zealand.