White Energy’s Successful Production of Upgraded Coal at Cessnock Plant

August 14, 2008 Filed Under: Coal Mining  

White Energy Company Limited confirmed that it has successfully produced upgraded coal at its binderless coal briquetting plant at Cessnock, New South Wales. Having completed construction eight weeks ago, key elements of the commissioning phase are now finalised with all relevant certifications for running the Plant being received at the end of last week. At the beginning of this week, the drying furnace... 

Adanac Molybdenum Corporation: Senior Management Core Team Appointment

August 5, 2008 Filed Under: Lead Mining, Molybdenum Mining, Potash Mining  

Adanac Molybdenum Corp. is pleased to announce, effective August 01, 2008 that the Board of Directors has approved the appointments of: Peter R. Jones – Chairman, President and Chief Executive Officer Christopher C. Kirby – Vice President and Chief Financial Officer Kenneth W. Calligar – Vice President Finance Mr. Jones P. Eng., has 38 years of extensive experience in the mining industry... 

Gastar Exploration Ltd; Agreement with Major Australian Gas Transmission Company

July 23, 2008 Filed Under: Mining Services, Oil and Gas  

Gastar Exploration Ltd together with its joint venture partner Eastern Star Gas Limited have recently published a report saying that the two companies have entered into a Heads of Agreement (“HoA”) with the APA Group (“APA”), owner of the Central West and Moomba Sydney Gas Pipelines. Under the HoA, options for early delivery of coal seam gas from PEL 238 into the New South Wales (“NSW”)... 

Platts Steel Markets Daily Is Now Reporting Prices Of Hot-Rolled Coil And Rebar Originating From Asia

May 16, 2008 Filed Under: Mining Services  

Platts, one of the world’s foremost providers of energy and metals information, today announced it is expanding its suite of spot price assessments in global metals to include steel exported from China, specifically hot-rolled coil (HRC) and concrete reinforcing bar (rebar). “We’re pleased we can answer the steel industry’s call for a reliable source of timely, transparent and... 

Victoria seeks brown coal opportunities with China

May 12, 2008 Filed Under: Coal Mining, Mining Services  

Brown coal, a low grade of coal, has been ignored in China because it’s not easily exploited. But, Victoria state in southwestern Australia, has been seeking brown coal opportunities with China and solving environmental problems by its mining and utilization. “It’s actually quite significant for China to exploit brown coal because its energy needs have grown, and Victoria has realized... 

Asia grappling with rising inflation, weaker exports as oil soars and dollar plunges

March 18, 2008 Filed Under: Mining Stocks, Oil and Gas  

Asia faces the threat of higher inflation, slower growth and tougher times for exporters after oil prices hit new highs and the dollar plunged last week. Farmers, miners and oil companies could benefit from high commodity prices. But most of Asia is dependent on imported energy and raw materials, and even some oil-exporting countries such as Malaysia have other industries that could suffer. “We... 

Rio’s Exploration Scorecard

For major mining companies such as Rio Tinto and BHP Billiton, the future life is a combination of their exploration work and enterprise: to find things on their own, to be approached by other companies in deals , or make acquisitions. Rio growth with Alcan bought last year and is now off fighting an attempt by BHP Billiton to do that to himself. Rio says the bid does not evaluate it properly. In its... 

Online data base for brown coal launched

March 18, 2008 Filed Under: Oil and Gas  

The Minister of Energy and Resources, Peter Batchelor, says a new online service inventory Victoria’s brown coal reserves will help to attract investors to the state. The database will allow mining companies and investors from around the world to access data on the location and quantity of coal resources. It will also identify possible sites for future explorations. Mr. Batchelor said the inventory... 

BP, Rio Tinto Venture to Develop Clean Coal Energy

May 18, 2007 Filed Under: Bauxite Mining, Lead Mining  

BP Plc and Rio Tinto Plc formed a joint venture, Hydrogen Energy, to develop technology for producing power from coal, oil and natural gas without emitting the gases blamed for global warming. Rio will pay $32 million to BP to form the equally owned venture, which includes two planned BP hydrogen-fuel projects in Scotland and California that will cost at least $1 billion each. “Projects such... 

Miners vow on clean coal

May 11, 2007 Filed Under: Coal Mining, Lead Mining, Mining Services  

Under political pressure over climate change, the coal industry has vowed to raise at least $1 billion to develop technology to curb greenhouse gases. The announcement increases by $700 million the funds producers have committed to clean coal technology. Both the federal government and Labor have put much store in the technology as a way of reducing emissions. The Australian Coal Association said the...