January 5, 2012

NMDC may pay $300 million for Mozambique, Russian coal mines

NMDC Ltd., India’s largest iron ore producer, plans to acquire two coking coal mines in Mozambique and Russia for about $300 million to feed its planned steel plants in India.

January 5, 2012

Cline New Elk Coal Mine Approvals

Cline Mining Corporation (TSX: CMK) ("Cline" or the "Company") is pleased to report that further to its news release of December 30, 2011, New Elk Coal Company ("New Elk"), a…

January 5, 2012

Collapse at coal mine in southwestern China kills 9

Nine workers have been killed and two others are injured after a collapse at a coal mine in southwestern China, local authorities said on Thursday.

January 5, 2012

Beacon starts coal exports from Mozambique

British company Beacon Hill Resources has announced that it has begun exporting coal from the central Mozambican port of Beira.

January 5, 2012

China builds first 200-million-ton coal base

Shenhua Shendong Coal Group Corporation produced 202 million tons of commercial coal in 2011, becoming the first 200-million-ton commercial coal production base in China.

January 5, 2012

Areva eyes stake in UK-based uranium enricher – paper

A Dutch paper reported on Thursday that France's Areva is eyeing a stake in UK-based uranium enrichment company Urenco.

January 4, 2012

Scientists worry about a greenhouse feedback loop as the permafrost warms up

Given that the earth's temperature is rising, sciencetists are investigating if gases trapped in the permafrost are going to be released and what effect it will this have on the…

January 3, 2012

Cameco announces breakthrough of second shaft at Cigar Lake

Cameco (TSX:CCO) (NYSE:CCJ) announced today it has reached the main mine workings with the second shaft at the Cigar Lake uranium mining project in northern Saskatchewan. Miners removed the final…

January 3, 2012

Gold is back above $1,600/oz; TSX is up two percent

Gold started the year right climbing above $1,600, and miners were cheered seeing the S&P/TSX Composite Index gaining over two percent.

January 3, 2012

$72B in lost revenue at stake in B.C. Northern Gateway pipeline

Oil producers could lose $72 billion over nine years if a pipeline to carry Alberta bitumen to the West Coast isn’t built, […]