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PJM power capacity auction may be worth over $10 billion
Posted on May 9, 2012
Last week, FirstEnergy said PJM told the company to keep three old, coal-fired plants in Ohio capable of generating about 885 MW in service to maintain reliable supplies of electricity. The plants had been earmarked for retirement this year.
Commodities up after early drubbing on Europe; nickel jumps
Posted on May 7, 2012
Commodities rebounded on Monday after the huge selloff of the previous session, with nickel staging a big rally and bargain hunting lifting oil prices from their lows after investors shrugged off earlier fears about election outcomes in Europe.
Japan's Hokkaido shuts coal-fired unit due to problem
Posted on March 25, 2012
The company also said its fuel oil-fired 350-MW No.2 unit at its Date plant would halt power generation from March 24 to 30 due to repair work on the unit's condenser. (Reporting by Osamu Tsukimori; Editing by Mark Potter)
RUSAL threatens to sue in chairman row
Posted on March 18, 2012
RUSAL, the world's No.1 aluminium producer, said comments by former chairman Viktor Vekselberg had damaged its reputation and shareholder value, and threatened unspecified legal action.
Zimbabwe orders mining firms to bank locally: paper
Posted on March 18, 2012
Mines Minister Obert Mpofu told the Sunday Mail that cabinet last week had decided to tell mining companies to bring back earnings from their Zimbabwe operations which were deposited in offshore accounts. "We have been liberal. It does not make se…
Rio halts iron ore port operations as cyclone nears
Posted on March 16, 2012
Operations at two ports used by Rio Tinto — Dampier and Cape Lambert — were winding down, while mining and its rail hauling line remained open, said a spokesman for Rio Tinto, the world's second-largest iron ore producer.
METALS-Copper hits two-week low as Greece delay sours mood
Posted on February 16, 2012
Copper hit a two-week trough on Thursday, having lost ground for the last four sessions, after signs of a delay to a bailout for Greece soured sentiment and put the euro on the defensive against the dollar.
Russian Railways to build $1.7 bln coal line in Indonesia – govt
Posted on February 7, 2012
Russia's state railway firm Russian Railways plans to build a train line to transport coal in Indonesia's East Kalimantan province on Borneo island, with $1.7 billion of investment for a first phase due to be operating by 2017, Indonesia's government said on Tuesday.
UPDATE 2-China Nov power output growth slowest in 10 months
Posted on December 9, 2011
China's power generation increased at the slowest pace in 10 months in November, government data showed on Friday, as demand momentum waned along with slowing industrial output in the world's second-largest economy.
Japan Oct rolled copper output down 11.5 pct yr/yr
Posted on November 25, 2011
The figure represents an 8 percent decrease from September, the Japan Copper and Brass Association said.
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ANNOUNCEMENT
Developments in Gossan’s Magnesium Project Paper Presented at the 69th World Magnesium Conference
Gossan Resources Limited's Technical Advisor, Dr. Zuliani, will be delivering a paper entitled, "Developments in the Zuliani Process for Gossan Resources’ Magnesium Project" at the 69th Annual World Magnesium Conference on May 22th in San Francisco. The conference, sponsored by the International Magnesium Association (IMA), focuses on current developments throughout all aspects of the magnesium industry. View Press Release -
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