March 31, 2011

At least three people killed in landslide in Philippine mining town

Landslides triggered by heavy rain buried some houses and mining tunnels on the southern Philippine island of Mindanao, killing at least three people and wounding two others, an army spokesman…

March 31, 2011

SouthGobi Resources announces updated NI 43-101 compliant coal resources and reserves for Its Ovoot Tolgoi Complex in Mongolia

SouthGobi Resources Ltd. (TSX:SGQ)(HK:1878) announced today that new, independent estimates prepared by Minarco-MineConsult ("MMC"), have updated coal resources and proven and probable mineral reserves contained at the company's Ovoot Tolgoi…

March 28, 2011

Oyu Tolgoi copper-gold-silver project now in peak year of construction

Ivanhoe Mines announced its financial results for the year ended December 31, 2010. The approved 2011 capital budget for Oyu Tolgoi is estimated at $2.3 billion. Principal components of the…

March 28, 2011

FLSmidth wins multimillion dollar material handling project in Indonesia

FLSmidth has today signed a contract in Jakarta worth in excess of USD 135m (DKK 700m) with PT Adaro Indonesia, a subsidiary of PT Adaro Energy Tbk., to supply material…

March 24, 2011

Harmony shares up 5% on ratings upgrade

Shares in South African gold miner, Harmony Gold, rose just over 5% on the back of a positive investment rating by RBC Shares in Harmony Gold Mining (HARJ.J: Quote) rose…

March 23, 2011

Japan reconstruction good for copper, iron ore – Friedland

Copper and iron ore prices should remain high in the near future because of additional demand for reconstruction in Japan after a devastating earthquake and tsunami, Ivanhoe Mines Ltd Chief…

March 23, 2011

Teck lowers estimated coal output by one million tonnes due to weather, labour dispute

Teck Resources announced today that it expects lowers coal output this year due to bad weather conditions along its rail lines and […]

March 19, 2011

Indian suitors eye Australia’s Premier Coal

With Lanco looking to build on its recent Griffin Coal purchase, a new turf war is set to emerge between Indian suitors […]

March 18, 2011

Nippon Steel/Sumitomo draft merger plan submitted

Nippon Steel & Sumitomo Metal Industries Ltd submit draft merger proposal Tokyo (Reuters) - Nippon Steel Corp, the world's fourth-biggest steelmaker, and Sumitomo Metal Industries Ltd submitted a draft proposal…

March 17, 2011

U.S. coal shares up on nuclear power uncertainty

Coal mining shares rose on Thursday amid uncertainty over the future of nuclear power as Japan races to avert a meltdown at a power plant crippled by last week's earthquake…