Archive for the ‘General News’ Category
Saturday, October 11th, 2008
The Bengal government has written to the civil aviation ministry saying a planned airport in Andal will not affect coal mining and should be cleared.
This follows a visit to the site, spread over 3,500 acres, on October 1 by officials of the state government, Coal India and the Central Mine ...
Posted in Coal, General News, Mining, Mining Industry | No Comments »
Friday, October 10th, 2008
THE reality of a looming western world recession took the headlines yesterday. Investors turned their attention away from the volatility to the certainty of a six to 12-month recession in the West.
Australia's saviour, China, didn't look so certain either after junior iron producers Mt Gibson and Fortescue advised that some ...
Posted in General News, Iron ore, Mining, Mining Company, Mining Finance, Mining Industry, Mining Investment, Trade & Market | No Comments »
Thursday, October 9th, 2008
MTS Systems Corp., Sensors Division is providing its mobile hydraulic magnetostrictive sensors for the SHM high wall mining (HWM) system. The sensors replaced externally mounted pressure switches, infrared switches, and string potentiometers throughout the system because the magnetostrictive technology proved to be more durable and reliable in the harsh mining ...
Posted in Equipment, General News, Mining Contractor | No Comments »
Thursday, October 9th, 2008
Three more retired coal miners died of black lung today. Over 105,000 Americans have suffered and died from black lung related diseases; 10,000 miners, according to the National Institute for Occupational Safety and Health, have died from black lung in the last decade.
Despite a recent spike in black lung diagnoses, ...
Posted in Coal, General News, Mining, Mining Company, Mining Contractor, Mining Investment | No Comments »
Wednesday, October 8th, 2008
BHP Billiton Ltd has estimated its proposed merger with Rio Tinto Ltd would boost Australia's annual iron ore exports by 70 million tonnes from 2012, and cost $US4.4 billion in fees to banks, lawyers, and accountants, according to media reports.
In documents filed with US regulators the mining giant told of ...
Posted in General News, Iron ore, Mining, Mining Company, Mining Investment, Mining Technology, Trade & Market | No Comments »
Tuesday, October 7th, 2008
Shares of National City Corp. (nyse: NCC - news - people ) plummeted Monday morning as the broader market tumbled, and after the regional bank's ratings were cut by Fitch Ratings.
Other stories:
NEW YORK (AP) - Shares of CombinatoRx Inc. crashed to an all-time low Monday after the ...
Posted in General News, Mining Company, Mining Investment | No Comments »
Monday, October 6th, 2008
The speculative end of the resources sector is being beaten up something shocking. Tales of woe abound, with just a sample of announcements on Friday showing the euphoria of the past five years has been replaced by the harsh new reality of crumbling commodity prices and the start of a ...
Posted in Copper, General News, Iron, Iron ore, Mining, Mining Company, Mining Finance, Nickel, Silver, Trade & Market | No Comments »
Tuesday, September 30th, 2008
The Kilgore twins pounded the Democratic ticket of Sens. Barack Obama and Joseph R. Biden Jr. yesterday for what they called "double speak" on coal.
Former Attorney General Jerry W. Kilgore and his identical twin brother, Del. Terry G. Kilgore, R-Scott County, said Biden said he did not want any more ...
Posted in Coal, Exploration, General News, Mining, Mining Company, Mining Investment | No Comments »
Sunday, September 28th, 2008
Cia. Vale do Rio Doce said it has almost no stockpiles of the steelmaking raw material at its ports, signalling possible delays in shipments.
"We've got virtually zero stocks of iron ore at our ports," chief executive officer Roger Agnelli said Friday. While the company has made no decision to halt ...
Posted in Exploration, General News, Iron ore, Mining, Mining Investment, Trade & Market | No Comments »
Saturday, September 27th, 2008
Venezuela's state oil and natural gas company PDVSA will hold a controlling stake in an oil and gas consortium to be set up with Russia, Russia's energy minister said on Friday.
Sergei Shmatko said the consortium, to be created by next spring, will include Russian producers Gazprom, Rosneft, TNK-BP, Surgutneftegaz and ...
Posted in Exploration, General News, Mining, Mining Company, Mining Investment, Oil & Gas | No Comments »
