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Cameco to buy German/U.S. nuclear fuel broker Nukem Energy
Tuesday , 15 May 2012The proposed acquisition of Nukem Energy Group is expected to have a positive impact on Cameco's cash flow earnings starting in 2013.
India sets its sights on Mongolian coal
Monday , 14 May 2012Ever in need of coal, India has set its sights on the acquisition of a coking coal mine in Mongolia and will, in return, establish the country's first steel plant.
SouthGobi continues Mongolia mining operations
Monday , 14 May 2012The company is continuing coal mining operations in Mongolia despite a recent announcement by government it would suspend its licences.
BHP leaves door open for US shale gas assets write-down
Monday , 14 May 2012Chief petroleum executive J. Michael Yeager says the company will review the future of its Fayetteville and Petrohawk shale gas assets at the end of the fiscal year on June 30.
Illinois Basin braces itself for yet another coal mining boom
Friday , 11 May 2012With coal mining slowing in Appalachia, where many of its mines are played out and expensive to work, new investors are drawn to the historic Illinois Basin coal fields.
Mechel's mining unit lifts 2011 net profit
Thursday , 10 May 2012The Russian steel and coking coal miner said Thursday its 2011 net profit of $727.9 million was largely boosted by its mining division.
SouthGobi unit helps in Mongolia anti-corruption probe
Wednesday , 09 May 2012The miner says it is co-operating with Mongolia's anti-corruption agency regarding a probe into a third party to explain Tuesday's sharp fall in its share price.
High power costs threaten Germany's metals industry - lobby
Monday , 07 May 2012German trade body WVM says the insolvency of the country's third-largest aluminium producer, Voerde Aluminium GmbH, shows that high power costs are a threat to the future of the metal production industry.
Copper, coal, gold, iron, zinc - Mongolia has it all
Monday , 07 May 2012The London Stock Exchange last week played host to international resources investors clamouring to grab a chunk of the commodity-fuelled economic boom that is sweeping Mongolia.
Australia's Whitehaven Coal bids $174m for Coalworks
Monday , 07 May 2012Whitehaven Coal, which already controls 17.3% of Australian coal explorer Coalworks, plans to acquire the latter for A$1 per share, valuing the company at $174 million.
JSE suspends 2 junior coal companies
Wednesday , 02 May 2012Two junior South African coal companies, Firestone Energy and SA Coal Mining Holdings have been suspended from the JSE, one voluntarily, the other not
JFE Steel boosting purchases from sources other than BHP Billiton
Thursday , 26 Apr 2012The company says it is looking to buy coking coal from sources other than BHP Billiton, as prolonged industrial action and heavy rain constrain shipments from BHP's Queensland coal mines.
Coal of Africa Vele mine easy on the eyes and environment
Wednesday , 25 Apr 2012Painted the colour of desert sand to blend into the background, the coal miner's coal washing plant has been built to be as gentle on the surrounding landscape as possible.
Significant coal contribution, increased copper sales bolster Teck's profits
Wednesday , 25 Apr 2012Teck CEO Don Lindsay is unabashedly excited about the Quebrada Copper mine expansion, calling it one of the best projects available for development in the near term.
Chalco steps up pursuit of Mongolian coal with new deal
Tuesday , 24 Apr 2012Resource-rich Mongolia has become an attractive target for China's aluminium giant Chalco, which has announced a second coal deal despite signs that the Mongolian government is seeking to derail an earlier deal.
TOP STORIES
Extorre looks to high-grade open pits to fund Cerro Moro development
Wednesday , 16 May 2012Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.
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