China Coal Energy Co , the country’s No. 2 coal producer, plans to more than double capital spending in 2008 as it pushes a rapid production expansion plan.
Executive Director Yang Lieke told reporters on Thursday the firm intends to set aside 16.16 billion yuan to spend on its core coal and coal chemicals businesses this [...]

Jupiter Mines announced that it is in the process of finalising a formal agreement with Shaw River Resources to acquire the iron ore rights to tenement E45/3183. The tenement was subject to a Heads of Agreement prior to a ballot being held, with Jupiter acquiring the Iron Rights and Shaw acquiring the Mineral Rights if [...]

Territory Resources announced today it has committed to spend $25 million over the next two years with the aim of substantially expanding its high grade resource base and extend mine life at the Frances Creek iron ore project.
Territory Resources Chairman Michael Kiernan said the Company was focused on delivering a steady increase in production at [...]

Unico, Incorporated (OTC BB:UCOI.OB - News), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $200,000 in financing through the sale of one new convertible debenture to Moore Investment Holdings, LLC, a Nevada limited liability company. The financing will be utilized to complete ongoing reconstruction and equipment [...]

Mining company Vista Gold Corp. said Monday it sold its Vista Gold (Antigua) Corp., which owns Bolivian mining assets, to Republic Gold Ltd. for $3 million.
Republic will pay in three $1 million installments, the first due upon start of commercial production at Amayapampa, followed by a $1 million payment on each of the first and [...]

GOLDCORP INC. is pleased to declare its fourth monthly dividend payment for 2008 of $0.015 per share. Shareholders of record at the close of business on Thursday, April 17, 2008 will be entitled to receive payment of this dividend on Friday, April 25, 2008. Goldcorp has paid a monthly dividend to its shareholders since 2003.
Canadian [...]

Shares of gold-mining companies were mixed shortly after the opening bell Monday as the price of the precious metal edged up in European trading.
Gold traded in London at $914.70 per troy ounce, up from $906.30 late Friday.
How shares of some key gold miners fared in early trading:
Newmont Mining Co. rose 80 cents to $47.64
Barrick Gold [...]

Shares of most aluminum producers rose Monday as prices for the commodity rose, offsetting a warning from a Deutsche Bank analyst.
FBR Capital Markets analyst Amir Arif said in a client note that he is “most concerned about (Pittsburgh-based Alcoa Inc.), not so much on the expected first quarter 2008 results, but on second quarter 2008 [...]

The company said iron ore was loaded from the company’s Hunter Siding, near Cloudbreak, to Fortescue Herb Elliot port, marking the completion of the company’s first stage of wet commissioning of its new infrastructure.
“This is the first and vital step to commissioning the entire operation,” Mr Forrest said.
“It is a major step towards achieving first [...]

Spanish gas distribution company Enagas on Monday said the largest liquid natural gas tanker ever to unload at a European terminal had tied up at one of its regasification plants.
The 210,000 cubic metre “Q-flex” type vessel is the largest of its type in the world and set sail from Qatar, from where Spain imported some [...]