Sunday, September 21st, 2008
China's state-owned Xinwen Mining Group has acquired Australian Linc Energy's, Teresa exploration permits in the Bowen Basin for $1.5 billion as it expands overseas to gain supplies.
Despite having one of the the largest coal reserves in the world, China has begun acquiring Australian coal-mining rights, following the example of Indian, ...
Posted in Coal, Exploration, Mining, Mining Company, Mining Investment, Mining Technology, Trade & Market | No Comments »
Wednesday, August 6th, 2008
BHP Billiton has decided to restrict its search for coal under some of Australia's richest farming country, at Caroona, near Gunnedah, but farmers are continuing a 20-day blockade against the mining giant.
In a shareholders' report to be published today, the company says environmental concerns are the main reason for narrowing ...
Posted in Drilling, Exploration, Mining, Mining Contractor, Mining Investment, Mining Technology | No Comments »
