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Wednesday November 25, 2009
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  • Whiff of Economic Recovery Sends Prices of Industrial Metals Soaring 25 Nov 2009 05:51 GMT
    ... has sent the prices of many industrial metals soaring. A genuine recovery and/or inflationary trend ... he says, "we will encounter serious problems mining many important metal minerals at the desired ... of metal. Lower grades require exponentially more energy, as Diederen shows. So he believes that ...

  • Iron Ore Price Talks Reach a Crossroads: Can China Get What It Wants? 25 Nov 2009 05:57 GMT
    ... as a buyer, not a seller. The power has shifted to the iron ore producers ... iron ore on the spot market, further undermining the benchmark pricing system. In July, BHP ... said it agreed with Australian miner Fortescue Metals Group reduce the price of iron ore ...

  • Nationalising mines not the answer - YCL 25 Nov 2009 06:33 GMT
    ... nationalise mines would automatically mean genuine people’s power over the economy. “You can’t have nationalisation ... of us have already cautioned that nationalising mining houses in the current global and national ... Steel to be refashioned to serve the energy needs of the people instead of capital,” ...

  • Zambia mines drain power 25 Nov 2009 05:55 GMT
    ... Zambia will next year face increased power cuts due to the high demand for ... electricity created by investments in the country's mining industry, the state-owned energy supplier said on Monday. "We are expecting ...

  • Survey on social, environmental impacts of coal mining not yet conducted; PM's directive goes unheeded 25 Nov 2009 03:34 GMT
    ... Survey on social, environmental impacts of coal mining not yet conducted; PM's directive goes unheeded ... is getting priority as an alternative to energy sources for the country's power generation, there has been no actionable decision ...

  • Miners help drag Footsie lower 25 Nov 2009 05:53 GMT
    ... among the fallers on Tuesday as weak mining stocks dragged the FTSE 100 lower. The ... 1.6 per cent to £10.82 as falling metals prices overshadowed speculation that the group may ... curbing greenhouse gas emissions proved benign, with power generators given a 75 per cent increase ...

  • Africa luring local groups seeking 'gold' 25 Nov 2009 05:23 GMT
    ... of electrical substations, bridges and infrastructure for mining companies doing business in Africa. But Chinese ... not after the money but rather after minerals in exchange for their labour. Because of ... group before it bought Conco, a high-voltage power and electrical substation group. It is now ...

  • Region's power meltdown 25 Nov 2009 04:31 GMT
    ... AN XSTRATA spokesperson said the company would investigate the ... company would investigate the cause of a power fault that cut electrical supply to about ... there was minimal impact on operations. Ergon Energy Corporate Communications manager John Fowler said the ...

  • Isa TAFE shares in education award 25 Nov 2009 04:31 GMT
    ... Mount Isa doing a Certificate II in Metalliferous Mining- Open Cut under the direction of Xstrata ... and technical studies in mining and renewable energy, all students successfully graduated with TAFE Queensland ...

  • Tuesday wrap: Resource stocks drag TSX lower 25 Nov 2009 02:55 GMT
    ... on Tuesday, pulled lower by weakness in energy and metals producers. The S&P/TSX composite index finished down ... Bank of Montreal fell 0.8% to $53.14. Mining stocks were a key drag even as ...

  • Colliery blast a lesson for China 25 Nov 2009 01:17 GMT
    ... Coal Mine under the state-owned Heilongjiang Longmei Mining Holding Group's subsidiary in Hegang City. The ... he could to save lives. He stopped power, called coordinators on the surface and told ... given up excavation of high-risk mines amid energy reforms. China's ongoing overhaul to integrate coal ...

  • Australian sharemarket slightly higher at noon 25 Nov 2009 02:15 GMT
    ... mixed bag across the bourse, with some mining stocks eking out modest gains, while some ... softened. Leads for the materials, financials and energy sectors are all pointing lower," IG Markets ... cent to $71.85. Iron ore miner Fortescue Metals Group climbed 3.14 per cent to $4.26. ...

  • Coal-burning China invests in methane capture 25 Nov 2009 05:21 GMT
    ... siphoned-off methane is transported through pipelines to power stations where, unlike carbon dioxide, it can ... toxic gas into a source of much-needed energy. Authorities in Beijing have made methane capture ... coal technology say they are optimistic that mining firms will get on board. "This industry ...

  • Mine death toll reaches 104 in China 25 Nov 2009 04:31 GMT
    ... to stop journalists from filming relatives of miners who were killed in a gas explosion ... often taken to meet the country's insatiable energy demands. The weekend gas explosion - China's worst mining accident in two years - was a ...

  • 4 jailed after W.Va. mine protest (36 Comments) 25 Nov 2009 01:54 GMT
    ... was a life long opponent of MTR mining who took action instead of calling names ... or have a viable alternative to coal power...I'm surprised...NOT. You are probably more of the ... the wayside. I am not against green energy, I'm just realistic enough to know that ...


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