CoAL declares force majeure following derailment
PERTH (miningweekly.com) - South Africa-focused Coal of Africa (CoAL) has issued force majeure notices to its customers following a derailment of ten wagons on the Maputo rail corridor earlier this ...
View ArticleGeorge Jones steps down as Gindalbie chair
, who was on Thursday appointed as a nonexecutive director to the Gindalbie board. He would take over chairmanship from April 10. Keith Jones recently stepped down as a director of Deloitte, and ...
View ArticleBright outlook for mining remains Swan
Treasurer Wayne Swan has been encouraged by new data that points to mining investment remaining a solid input to the economy for a while ...
View ArticleChina tops world in wind power hydropower capacity
China's installed capacities for wind power and hydropower have grown to the world's largest, said Liu Zhenya,president of the China Electricity Council (CEC), on Sunday. Liu said at a ...
View ArticleU.S. oil company ConocoPhillips to sell Algeria unit for 1.75 billion ...
U.S. energy company ConocoPhillips said on Tuesday that it has entered into an agreement to sell its business in Algeria to Indonesia's state-owned oil and gas company Pertamina for 1.75 billion ...
View ArticleIron ore demand seen climbing but not prices expert
China's 2013 demand for iron ore, a major material used in steel production, is expected to jump by 5.7 percent year-on-year to 1.11 billion tons, according to China Iron and Steel Association ...
View ArticleChinas natural gas consumption up 20 in Jan
China saw its consumption of natural gas rise 20% YoY to 16.4 billion cubic meters in January this year, said the National Development and Reform Commission. Last month, the country produced 11.2 ...
View ArticleChinas coal output to top 3.7b tons
China's coal production will reach more than 3.7 billion tons this year despite sagging market demand, an industry chief has predicted. Although coal output, imports and stocks continue to ...
View ArticleCNPCs overseas oil gas output remains high
China National Petroleum Corporation (CNPC) said Tuesday that combined oil and gas output in its overseas projects reached 50.35 million tonnes of oil equivalent this year as of December 17. It was ...
View ArticleBritain announces investment plan for gas electricity network upgradi...
British energy regulator announced on Monday a huge investment plan worth of 24.2 billion pounds (39.2 billion U.S. dollars) to upgrade and renew infrastructure for electricity and gas networks in ...
View ArticleChile approves Barricks Cerro Casale copper gold project
Environmental authorities in northern Chile Thursday approved plans by Barrick Gold to develop its Cerro Casale copper-gold mine. But the Canadian firm, the world's largest producer of the ...
View ArticleFunds raised to explore Chinas mineral deposits
China set aside 33 billion yuan (5.3 billion U.S. dollars) from central and provincial budgets by the end of 2011 for mine exploration, the natural resources watchdog said Monday. A Ministry of ...
View ArticleMetals Stocks Gold futures back on the cusp of $1600
SYDNEY (MarketWatch) -- Gold futures edged back toward the key $1,600 mark in Asia on Thursday, with the official nomination of Haruhiko Kuroda to the post of governor at the Bank of Japan feeding ...
View ArticleHorizonte Minerals Plc - Posting of annual report and account and notice of AGM
Feb. 28, 2013 /CNW/ - Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) ('Horizonte' or 'the Company') the exploration and development company focused ...
View ArticleShell halts Alaskan drilling for this year
Oil giant Shell said on Wednesday it will pause its exploratory drilling operations in the seas off Alaska to 'prepare equipment and plans' to restart work in the region at a later stage. ...
View ArticleRio appoints new CFO
, who announced his intention to retire in July last year, Lynch, who will become CFO in April, joined the Rio Tinto boards as a non-executive director in September 2011. He will remain on the ...
View ArticleNickel prices impact Panoramic
PERTH (miningweekly.com) - The weaker nickel prices has seen ASX-listed Panoramic Resources’ net revenue decline by A$22-million, to A$94.8-million during the first half of the year, while ...
View ArticleGrange profits fall in 2012
PERTH (miningweekly.com) - Magnetite miner Grange Resources has reported a 19% decline in revenue for the full year ending December, as commodity prices declined. The miner said on Thursday that ...
View ArticleIOH signs new agreement for Iron Valley development
PERTH (miningweekly.com) - ASX-listed Iron Ore Holdings (IOH) has entered into an agreement with fellow listed Mineral Resources which could result in the early development of its Iron Valley ...
View ArticleYancoal net profit rises 34
PERTH (miningweekly.com) - ASX-listed coal miner Yancoal reported a substantial increase in profits for the full year ending December, following its merger with Australia’s Gloucester Coal. ...
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