India will soon approve a diamond mining lease for Rio Tinto, according to a report published Sunday in The Australian. According to the piece, India has been looking for global miners to investment in its mineral wealth, as only 10 percent of the country has presently been explored.
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3/7/2010- A unit of Essar Group Ltd. will acquire Trinity Coal for $600 million, which will give the steelmaker direct access to a key raw material that’s seen a recovery in demand, according to a Wall Street Journal report. The deal will give Essar
YOU’VE got to hand it to Brian Gilbertson: he’s got vision on his side. The merger of Billiton with Australian firm BHP in 2005 was a grandly audacious move. On market cap alone, there’s simply nothing to compare; it has scale and reach. Almost anything
Environmentalists may have to resort to civil disobedience to fight the source of country’s biggest greenhouse gas. Daryl Hannah and James Hansen set an example. Read more: CLEAN COAL, MEDIA MAYHEM MAN ON EMISSION: Climatologist James Hansen is
Dana Resources (OTCBB: DANR) (FRANKFURT: OD0), a US-based precious metals exploration and development company, is pleased to announce the signing of a Letter of Intent (‘LOI’) to acquire the Chota Silver Mine. Dana Resources has entered into a letter of
LONDON (Reuters) – Global miner Anglo American said it had received ‘strong interest’ in its zinc assets but would not confirm that Vedanta Resources (VED.L) and HudBay Minerals were the front-runners to acquire them. ‘As we have said, we have had strong
The opposition by the bank’s two largest members has raised eyebrows among those who note that the two advanced economies are allowing development of coal-powered plants in their own countries even as they raise concerns about those in poorer countries.
New York, Mar 5th (TradersHuddle.com) – Stock futures were pointing to a slightly higher open ahead of the highly expected Labor Department February jobs report. Stocks seem poised to extend their weekly gains. Overseas, European stocks rose ahead of
Bemis, a supplier of packaging and pressure sensitive materials for food and beverage industries, has completed its $1.2bn acquisition of Food Americas operations of Alcan Packaging, a business unit of Rio Tinto.
KARACHI: Chief Minister of Sindh Syed Qaim Ali Shah said on Saturday that the government is focussing on Thar Coal Energy Project so that its benefits could reach the people at the earliest. He was addressing a meeting of Thar Coal Energy Board held
American Silver Eagle Bullion coins blasted off in January and have already topped the 6 million sales mark through to the first week of March, according to the latest figures from the United States Mint. That, despite a delayed January 19 release of the
t his home in Portland, Ore. He had been a Methodist pastor in Pierce and later a teacher in Culdesac and Craigmont. He died of congestive heart failure, kidney cancer and lymphoma, with family by his side. He was on home hospice for more than a year.
(Source: Akron Beacon Journal (Akron, Ohio))By Bob Downing, The Akron Beacon Journal, Ohio Mar. 7–It’s a long way from Montana to Northeast Ohio. A long way, to be specific, is 1,650 miles from the Signal Peak coal mine near the tiny town of Roundup,
12:00 AM MANILA, Philippines – Getting off to a good start, Philex Mining Corp. reported a nine percent growth in the value of ore produced from its mining operations in Benguet province in the first two months of the year, mainly driven by higher metal
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/07/10 — Mr. Harvey Keats, Chief Executive Officer of Donner Metals Ltd. (TSX VENTURE: DON)(FRANKFURT: D4M), reports that it has received additional results from Xstrata Zinc from the definition drill
In a positive move to haul freight by rail and not road, Rio Tinto Alcan and freight operator First GBRf announced recently an agreement that alumina would be hauled to the smelter at Fort William where it would be transformed into aluminium ingots for
TRI-LAKES AREA
Ashanti and Nelly have reportedly got back together after reconciling their difficulties. The on and off again couple, who have been rumoured to be dating since 2005, were spotted together at a birthday gathering for Nelly’s 16-year-old daughter,
A LANDMARK quarterly coking coal export contract procured by BHP Billiton has sounded the death-knell for the entrenched system of annual renewals, handing more power to the producers at a time of rapidly recovering bulk commodity prices. BHP, the
Of course energy deficiency is one of the biggest problems and challenges for Bangladesh. About 90% of our power plants are natural gas fueled. As we have limited natural resources to generate electricity in conventional ways, we have to look for the
January 2010 Annual imports stand at 576 tonnes; exports reach 403 tonnes Average gold price US$973 per ounce India continues to rank as top export and import partner Dubai Multi Commodities Centre Authority (DMCCA) announced today that the total gold