First Uranium seeks C$150m cash

Beleagured uranium-gold producer returns from deathwatch as CEO Gordon Miller quietly slips off the board of directors.

'Coal compensation from July'

Dhaka, Mar 11 (bdnews24.com) – The government could start paying compensation from as early as July to locals of the Barapukuria coal mine area in Dinajpur, who however entered the second day of a hunger strike on Thursday demanding immediate pay. The

12 March 2010 - Press Release - Funding for design studies in clean coal competition

Funding was today awarded to E.ON and ScottishPower for design and development studies as part of the competition to build one of the world’s first commercial scale carbon capture and storage demonstration plants. The funding will support Front End

Peabody's Farmersburg and Gateway Mines Earn President's Awards f...

Company: Peabody Energy Corp. (BTU) Peabody Energy today said the Farmersburg and Gateway mines earned its President's Awards for achieving the best safety performance among the company's surface and underground operations in 2009. "Outstanding results

Stocks, Commodities Gain as Dollar, Treasuries Drop on Economy

March 12 (Bloomberg) -- Stocks and commodities rose, while the dollar and Treasuries slid, as growth in U.S. retail sales and European industrial production boosted confidence in the global economy. The S&P 500 climbed 0.1 percent to 1,151.84 at 9:34

Movie "Avatar" has few fans among mining execs

In a case of art imitating life -- with perhaps a little poetic license -- Oscar-winning movie 'Avatar' paints big mining companies as the villains of the future. But real-life executives are not entirely amused by their fictional colleagues being cast

OPEC supply outpaces demand, but ministers are readying their rubber stamp (The Barrel)

Oil producer club OPEC this week estimated that its 12 members pumped an average 29.356 million b/d in February.

SA slips into fourth place in world gold production

In 2009, South Africa produced 204 922.8 kilograms of gold, a 5.8% decline on the 2008 production number of 217 648.5 kilograms according to Chamber of Mines figures released today. The 2009 production number means that South Africa has slipped down to

Agl - Anglo American Plc - Annual Financial Report and Notice Of Meeting 2010

AGL - Anglo American plc - Annual financial report & notice of meeting 2010 Anglo American plc Incorporated in the United Kingdom

Coal giants eye QR bids

Source: The Australian QUEENSLAND'S 14 biggest coal companies are set to raise the stakes in the battle for the state's integrated rail business by offering a substantial premium to the $3 billion the state government expects to earn from the sale.

Daily index for coking coal

PLATTS has launched the world's first daily coking coal index as it looks to exploit a push by BHP Billiton to abandon annually set pricing. BHP's attempt to move to quarterly or index-based pricing has been quicker than most expected, sparking a number

A curious call with hands-on Twiggy

WHEN departing executive director Graeme Rowley hosted iron ore miner Fortescue Metals Group's February result conference call, there was a familiar, if muffled, whisper helping him to answer some of the analysts' more difficult questions. Chief

White Energy signs China deal

WHITE Energy has expanded its 'cleaner coal' technology into China, a market it hopes its US projects can export to in the future. The Sydney-based company yesterday announced it had signed an agreement with Guodian Inner Mongolian Energy Sources -- one

Eurofer outraged as Vale seeks 90pc

IRON ORE: The European steel industry has warned that an iron ore price rise of up to 90 per cent will have a 'huge impact' on the region's economic recovery. The European Confederation of Iron and Steel Industries, (Eurofer), said it was outraged by

FTSE 100 sees miners and banks play tug of war

Further guidance on the FTSE 100 to come at 1:30pm when US retail sales data comes through. The index has been choppy following a tug of war between banks and miners. At 1:30pm we can expect high volatilty as the latest US retail sales data is released.

Commercial Metals Company Estimates Loss Between $1.50 and $1.60 EPS for Second Quarter

IRVING, Texas, March 12 /PRNewswire-FirstCall/ -- Commercial Metals Company (NYSE: CMC) announced today an estimated net loss between $170 million to $180 million or $1.50 to $1.60 per share for the quarter ended February 28, 2010. The estimated net loss

Increasing foreign demand boosts Ukrainian metals company output

KIEV, March 11 – Ukrainian metals companies are continuing to boost metal products output mainly thanks to a rise in demand on foreign markets, said Economy Minister Bohdan Danylyshyn. The economy minister said that as a whole, the metals sector has

Reportlinker Adds Global Spring Steel Industry

NEW YORK, March 12 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

SouthGobi Energy Resources to Convert US$250 Million of China Inv...

Companies: SouthGobi Energy Resources Ltd (SGQ), SouthGobi Energy Resources Ltd (SGQRF) SouthGobi Energy Resources Ltd. (TSX: SGQ)(SEHK: 1878) announced today that it intends to provide Land Breeze II, a wholly owned subsidiary of China Investment

Peabody's Farmersburg and Gateway Mines Earn President's Awards for Superior Safety Results

Peabody Energy today said the Farmersburg and Gateway mines earned its President's Awards for achieving the best safety performance among the company's surface and underground operations in 2009. "Outstanding results at Farmersburg and Gateway helped

Cloud Peak Energy Announces Year-End 2009 Reserves - Zibb.com

Companies: Rio Tinto plc (RTP), San Diego County California Pension Obligation (CLD) Cloud Peak Energy Inc. (NYSE: CLD) announced that it has submitted year-end 2009 coal reserve estimates to Rio Tinto plc on behalf of Cloud Peak Energy Resources LLC.

Devon Energy to partner with BP in Alberta oilsands

LONDON - BP PLC is partnering with Devon Energy Corp. to develop an Alberta oilsands project as part of a much larger deal in which BP will pay US$7 billion to buy exploration rights in several countries from the Amerian company. BP, which has not

Anglo American: Advanced Economies' Growth Restrained Into '11

Dow Jones Newswires LONDON -(Dow Jones)- Global diversified miner Anglo American PLC (AAL.LN) Friday said it expects "significant headwinds" to restrain economic growth in major advanced economies into 2011. "Financial systems are fragile, households

Stocks Sucker Rally, Bear Market Trap and the Energy Bull

Rick Rule probably could draw an audience if he were talking about the weather, but combine his presence with knowledge, understanding, experience and a track record of success, particularly in the resource arena, and the crowd falls silent. Founder and

NF Energy Saving Corporation Delivers US $330,000 Energy-Efficient Flow Control System to a Thermal Power Plant in Dalian

SHENYANG, China, March 12 /PRNewswire-Asia/ -- NF Energy Saving Corporation (OTC Bulletin Board: NFEC; "NF Energy"), a Chinese leader in providing integrated energy conservation solutions, today announced it has delivered 22 sets of recycling water

BRIEF-Yongye Nongfeng signs agreement to secure coal resources project in Mongolia

The pricing, performance and/or news information provided above is only for your personal information and use and is not intended to address your particular requirements or to be relied upon in making (or refraining from making) any specific investment

Glance-FTSE up 0.3 pct led by firmer banks, commods

LONDON, March 12 (Reuters) - Britain's top shares gained 0.3 percent midsession on Friday, moving higher thanks to strength in banking issues and a recovery by miners, as metal prices rallied helped by a weaker dollar. higher at 5,634.49, having closed

Futures trading in commodities won't fuel inflation: Basu

Tags: fuel inflation, Economy Allowing futures trading in commodities will not fuel inflation, government's chief economic advisor Kaushik Basu said today. "The reason why I am personally in favour of allowing futures trade in commodities is because it

China's ore import surge reflects demand - Hebei port

* High port iron ore inventories reflect demand and prices * Hebei Port Group working on Shanghai listing * Expansion ongoing, but fears 'disordered' competition BEIJING, March 12 (Reuters) - Growing demand and spiking prices are behind a surge in iron

Diamond Saga - 'Sleaze, Corruption and Perversion of Course of Justice'

FOLLOWING President Robert Mugabe's claims last week that De Beers looted diamonds from the controversial Chiadzwa fields for 15 years and that African Consolidated Resources plc (ACR) was their agent that replaced them, the Zimbabwe Independent's Chris

Western Lithium Seeks Partners to Fund Nevada Mine

Western Lithium is looking for strategic partners to help develop the Kings Valley Lithium project in Nevada. The development of mine will cost approximately $400m, according to Western Lithium president Jay Chmelauskas. Western Lithium said it is

Silver supply crisis looms

Solar is just one of the applications where growth in silver demand is expected I have spent a considerable amount of time discussing how a supply crunch is looming in the gold market. With retail investment demand soaring, and central banks switching

Chester boost for Trelawney

Toronto-based Trelawney Mining and Exploration Inc has announced the results from four follow-up drill holes on its Chester project near Gogama, Ontario

Underground potential at Minto

Publishing Date Issue/Supplement 12/03/2010 Author Mining Journal Assay results have been announced from six of 17 holes completed to-date at the Minto property of Capstone Mining Corp Subscriber-only content This article is restricted to subscribers of

Boseto backing

Mining Journal > Exploration & Development > Boseto backing Publishing Date Issue/Supplement 12/03/2010 Author Mining Journal Discovery Metals Ltd has agreed an off-take agreement and equity deal with metals trader Transamine for Discovery’s Boseto

Batista jumps up rich list

Brazilian Eike Batista, controlling shareholder of iron-ore producer MMX Mineraçao & Metalicos SA, is the biggest gainer in this year’s rich-list from Forbes Magazine.

Revised Proposal from Nyrstar NV may thwart Toho Zinc

The Australian lead-zinc-silver and copper miner CBH Resources Ltd (ASX: CBH) has received an improved offer for the company from big Belgium refiner Nyrstar NV that appears to upstage a bid on the table from the company's major shareholder Toho Zinc of Japan.

Commodities: Bullion steady, bulls sidelined ahead retail data

FXstreet.com (London) - Gold bullion has steadied and now trades a consolidation phase ahead of US... For more information, read our latest forex news.

African Diamonds under pressure

[miningmx.com] -- LATEST spat between African Diamonds and De Beers has far more to do with the impact on the African Diamonds share price than it has to do with breaches of Londons Financial Services Authority (FSA) rules. African Diamonds has until

Cloud Peak Energy Announces Year-End 2009 Reserves

Cloud Peak Energy Inc. (NYSE: CLD) announced that it has submitted year-end 2009 coal reserve estimates to Rio Tinto plc on behalf of Cloud Peak Energy Resources LLC. Cloud Peak Energy also submitted its year-end 2009 non-reserve

First Uranium shake up marks fund raising

[miningmx.com] -- FIRST Uranium is raising up to C$150m, relocating to South African and appointing a new CEO in the form of Simmer & Jack head Deon van der Mescht in a deal to inject urgently needed capital into the business. Simmers, as the largest

Miners cash in on iron ore boom

With the spot price of iron ore more than doubling as the global economy has recovered, the big three mining companies are in a strong position as they negotiate prices for 2010-11.

SouthGobi Energy Resources to Convert US$250 Million of China Investment Corporation Convertible Debenture Into Common Shares

Symbols: SGQ, SGQRF Do you know when to trade SGQ & SGQRF ? HONG KONG, CHINA, Mar 12, 2010 (Marketwire via COMTEX) -- SouthGobi Energy Resources Ltd. (TSX: SGQ | Quote | Chart | News | PowerRating)(SEHK:1878) announced today that it intends to provide

IronClad could open Wilcherry Hill mine before year-end

PERTH (miningweekly.com) - Iron-ore explorer IronClad Mining could start production at its Wilcherry Hill mine, in South Australia, before the end of the year, an initial study showed. Metallurgical test work at the Wilcherry Hill project had confirmed

"Avatar" not winning many friends in mining circles

The movie could be seen to set back attempts by big mining to battle negative stereotypes, particularly around its relation to the environment

Oilsands Quest files third quarter form 10-Q and operational update

Oil & Gas News , > Africa , North America , South America , Asia , Europe , Middle East , Oceana , > Oilsands Quest files third quarter form 10-Q and operational update

Member Trustee News Spring 2010

The latest issue of Trustee News : UK shareholder action over oil sands, TUC views in brief, 15 March seminar for trustees on Tar Sands, A life for a life .... Longevity swaps explained, Roundup from the Regulator, Fourth Purple Book published, The

Hogan denies SA will build 40 coal power stations

Public Enterprises Minister Barbara Hogan on Friday said Eskom’s two new power stations have been factored into government’s long-term climate change strategy. She said several circulars claiming that government was going to build another 40

Mugabe Accuses De Beers of Looting Zim Diamonds

The Zimbabwe government has accused diamond giant De Beers of looting gems from the controversial Chiadzwa mining fields over a period of 15 years without declaring the proceeds to the state. President Robert Mugabe is quoted by the state-run Herald

Zimbabwe: Hwange Coal Demand Remains Low

Published by the government of Zimbabwe Harare DEMAND for the Hwange Colliery Company industrial coal has remained low due to slow recovery of the manufacturing sector. HCCL managing director Mr Fred Moyo told Herald Business yesterday that production