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Tuesday November 24, 2009
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  • What Kind of Investor is Happy to Lose Money Over 90 Days? 25 Nov 2009 03:15 GMT
    ... steel-maker has plans to buy 16.5% of coal explorer Riversdale Mining for $190 million. This fits the pattern ... junior miners in order to guarantee resource supply. We'll have to ask Dr. Cowie what ...

  • Mechel Announces Commissioning of a New Integrated Steel Processing Facility at Its Chelyabinsk Metallurgical Plant OAO Subsidiary 24 Nov 2009 13:53 GMT
    ... Integrated Steel Processing Facility at Its Chelyabinsk Metallurgical Plant OAO Subsidiary CHELYABINSK, Russia, Nov. 24, ... automatized route for slag-forming material and ferroalloy supply, container lab for sampling and performing operational ... ferroalloy, and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, rolled products, ...

  • Coal industry still left wanting on ETS 24 Nov 2009 20:46 GMT
    ... The coal mining industry is still far from satisfied with ... provide more concessions to the coal, electricity supply and LNG sectors. Under the package, total ...

  • Aviva offloads Mid West coal deposit 24 Nov 2009 04:32 GMT
    ... to extend its option over the only coal deposit for the Coolimba power project in ... of the ramifications of the lost power supply tender contract to Verve Energy. In a ... compelling offer to the owner of the mining rights," Aviva said in a statement. It ...

  • U.S. coal inventory grows 1 percent: Genscape 24 Nov 2009 18:05 GMT
    ... HOUSTON (Reuters) - Coal stockpiles at U.S. power plants this week ... - had an average of 71 days' supply of coal on hand assuming typical burn rates, ... milder weather and the economic recession. Coal mines have responded by cutting production and deliveries ...

  • SA 'needs to find new water supply' 24 Nov 2009 06:00 GMT
    ... water more efficiently and rely on additional supply sources, according to a report released yesterday by ... and McKinsey & Co . The report examines four developing regions — SA, China, India ... the Olifants Basin, a rich source of coal and the location of future mines and ...

  • Country 'Needs to Find New Water Supply' 24 Nov 2009 19:12 GMT
    ... water more efficiently and rely on additional supply sources, according to a report released yesterday by ... and McKinsey & Co . The report examines four developing regions -- SA, China, India ... the Olifants Basin, a rich source of coal and the location of future mines and ...

  • Cliffs prepares to tackle ferrochrome market 24 Nov 2009 00:40 GMT
    ... Resources, which already sells iron ore and coal to steelmakers, now expects to be producing ... more than a third of the world's supply, where miners are battling electricity supply constraints ... right part of the world." The chrome mining and ferrochrome smelting project that Cliffs is ...

  • Resources sector sees light and dark in ETS deal 24 Nov 2009 14:36 GMT
    ... position that's long been argued by the mining, refining, oil and gas industries which have ... will double the compensation payable to the coal industry in the form of permits to ... that should aid in ensuring reliability of supply, and additional funds will go some way ...

  • U.S. miner to develop major chromite play in Ontario 24 Nov 2009 04:35 GMT
    ... is vying to become the next hot metal in Canada. A major U.S. mining company ... America's largest producers of iron ore and coal. “This is a world-class deposit and a ... seven million tonnes and Cliffs hopes to supply as much as 12 per cent of ...

  • U.S. miner to develop major chromite play 24 Nov 2009 12:37 GMT
    ... is vying to become the next hot metal in Canada. A major U.S. mining company ... America's largest producers of iron ore and coal. “This is a world-class deposit and a ... seven million tonnes and Cliffs hopes to supply as much as 12 per cent of ...

  • Mechel Announces Commissioning of a New Integrated Steel Processing Facility at Its Chelyabinsk Meta 24 Nov 2009 13:50 GMT
    ... Integrated Steel Processing Facility at Its Chelyabinsk Metallurgical Plant OAO Subsidiary Mechel Announces Commissioning of ... automatized route for slag-forming material and ferroalloy supply, container lab for sampling and performing operational ... ferroalloy, and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, rolled products, ...

  • Mittal plans 6 mt plant in Karnataka 24 Nov 2009 05:18 GMT
    ... Though the company had bagged licences for coal in Jharkhand and Orissa, and a mining lease for iron ore in Jharkhand, the ... Asia. The Jharkhand government had assured ArcelorMittal supply of ore from Chiria, though the leases ...

  • Talks fail, North Island miners still striking 24 Nov 2009 10:26 GMT
    ... are striking.” between Solid, its contractor, HWE Mining and the Engineering, Printing and Manufacturing Union ... people look to companies for security of supply and reliability.” She said the company was ... agreed with some companies to supply stockpiled coal, but there were dangers in stockpiling large ...

  • Star Bulk Carriers Corp. Q3 2009 Earnings Call Transcript 24 Nov 2009 21:11 GMT
    ... Contract of Affreightment, or COA, with Brazilian mining company Vale, which practically provides full-time employment ... to make some market-related comments, particularly on supply and demand for dry bulk shipping. Now, ... This slide shows the growth of thermal coal demand. As is indicated on the top ...


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