November 8, 2011

St. Augustine Gold and Copper to raise $10-$12 million for King-king

SPOKANE, WASHINGTON--(Marketwire - Nov. 8, 2011) - St. Augustine Gold and Copper Limited (TSX:SAU) ("St. Augustine" or the "Company") announces a non-brokered private placement offering for gross proceeds of CDN$10,000,000…

November 7, 2011

Hitachi building new mining excavator factory in Japan to open in 2013

According to a November 4 report from Bloomberg, Hitachi Construction Machinery Co (HCME) is to build its third mining equipment factory in Japan as demand for thermal coal rises in…

November 6, 2011

BHP Billiton to begin work on Indonesia coal project

BHP Billiton Ltd said Thursday it plans to begin work on the $1.34 billion IndoMet coal project in Indonesia within weeks, a move that would open up a new mining…

November 6, 2011

Indian steel companies shares shoot up on panel nod for mining

The share prices of steel companies shot up sharply in response to an interim relief provided by the Central Empowered Committee which cleared 24 applications for re commencing mining operations…

November 6, 2011

GJEPC Working on Road Map for Colored Gemstones Revival

The first-ever Mines to Market conference for colored gemstones wrapped up last week in India’s gem-cutting city of Jaipur. Rajiv Jain and Sanjay Kothari, chairman and vice chairman of the…

November 4, 2011

Tata Steel said to be bidding for Australian coal miner New Hope

India's largest business group is considering making a bid for New Hope Corp. (ASX:NHC) in what could be the largest coal deal since Alpha Natural Resources (NYSE:ANR) bought Massey Energy…

November 3, 2011

More bad news for iron ore, coking coal prices: world’s largest steelmaker profits halve, sees worse ahead

ZeeNews report the world's largest steel-maker ArcelorMittal on Thursday reported a dip of over 51% in net income to $659 million for the quarter ended September 30, 2011, due to…

November 3, 2011

ENK successfully produces first nickel from Acoje pilot plant in Philippines

London-listed ENK has announced the first nickel production from its Acoje pilot plant located 250 km north of Manila in the Philippines. Approximately 50 kg (dry weight) of nickel hydroxide…

November 3, 2011

Coal India to quicken search for overseas mines as output drops

Coal India Ltd., facing a drop in output for the first time in more than a decade, is accelerating its search for overseas assets after talks with Massey Energy Co.…

November 2, 2011

The coal mine giant that’s hot to handle

Indonesia's Bakrie brothers ended weeks of uncertainty yesterday, agreeing a last-minute deal to sell nearly a quarter of Bumi, the FTSE 100 listed, Indonesia-based coal giant, to pay off their…