Google scraps renewable energy cheaper than coal initiative

Google is in the midst of some, as they call it, spring cleaning out of season. They are shutting down a number of projects that haven’t quite hit the mark the way they had hoped. Unfortunately for the environment, Google’s four year long “Renewable Energy Cheaper than Coal RE” project is in the trash bin. The original premise was to invest in...

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Blastcrete Equipment introduce new mine mate machine

Blastcrete Equipment has introduced the Mine Mate, designed to mix and pump concrete material for underground mine sealing and stabilisation, grouting and various other shotcrete applications. The Mine Mate is a convenient solution when ready-mix concrete is not an option. Featuring Blastcrete’s X-10 ultra-high pressure swing tube pump, it is a...

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Trafigura to boom as giant Mongolia awakens

Trafigura Beheer BV plans to expand in Mongolia to deliver more iron ore, coal and copper to the China market. Mr Mikhail Zeldovich head of Trafigura’s Russia and Mongolia unit said that it secured its first iron ore and coal supply agreements in the country in the past few months. Talks on more accords are in progress and Trafigura’s first Mongolian...

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Coal extraction in Bangladesh from proven reserve unlikely within 2 yrs

Experts said that commercial extraction of the country's proven coal reserve is unlikely to start, at least within the next couple of years, despite the desperate national needs for use of this fossil fuel to generate electricity. According to them, the government's target to generate 20,000 MW power by 2021 would be difficult to achieve without...

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China to boost its domestic iron ore supply - Report

Economic Observer quoted sources with the China Iron and Steel Association said China will boost the domestic supply of iron ore to a large extent during the 12th Five year Plan period (2011-15) in order to rely less on the three world mining giants Vale, Rio Tinto and BHP Billiton. The sources said the percentage of domestic supply will rise...

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China may implement protective development of coking coal

It is reported that at the China Mining Congress & Expo 2011 held at November 6 to 8 in Tianjin Meijiang Convention and Exhibition Center, a market player has stated that China may implement protective development of coking coal. China-based National Energy Administration is studying and More N...

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Heron Resources stars drilling at Shay Gap project

Heron Resources has commenced a reverse circulation reconnaissance drilling program at its 100% owned Shay Gap Iron Ore Project in the Pilbara, Western Australia, targeting Detrital and Channel Iron Deposits. The Shay Gap Project, which covers 290 square kilometres, is located about 160 kilometres east of Port Hedland, and directly south-west...

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Athena Resources drilling extends high grade magnetite at Byro Iron Ore Project

Athena Resources latest drilling has expanded the high grade magnetite horizon at the Byro South and Whitmarsh Find prospects within the Byro Iron Ore Project. All drill assay and rock chip results indicate the magnetite iron ore is of similar high grade and quality at FE1, Byro South and the Whitmarsh Find ore bodies. Magnetite intersections...

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Adaro Energy sees rising coal production

Indonesia’s second biggest coal miner Adaro Energy aims to produce 53 million to 55 million tonnes of coal in 2012, up from 46 million to 48 million tonnes forecast for this year. Mr Garibaldi Thohir president director of Adaro said that he expected the company to maintain an average Read M...

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Salmon River ink MoU with General Steel Holding

Salmon River Resources Ltd announced that it has signed a non binding MoU with General Steel Holdings Inc a company listed on the New York Stock Exchange, for itself and on behalf of certain subsidiaries and affiliates regarding rights to purchase part of any future iron ore production from Read M...

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Indian white coal gains popularity in Europe

Commodity Online reported that the white Coal produced from agricultural waste in Rajasthan has gained popularity in European countries. The white coal produces very low level of carbon which helps to protect the environment as result the demand for the commodity has been rising in Europe Read M...

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Rio Tinto and University of Western Australia developing advanced exploration technology

World leading mining exploration technology from Rio Tinto's Mine of the FutureTM program attracted a visit today from His Royal Highness The Duke of Edinburgh as a prelude to the Commonwealth Heads of Government Meeting in Perth.br> At The University of Western Australian His Royal Highnessbr> Read M...

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Mitsubishi Corp reports H1 net profit fall

Japanese trading house Mitsubishi Corp said that its net profit for the six months ended September 30 fell 8.3% from a year earlier, citing lower margins from trading in natural resources and steel. Mitsubishi, Japan's biggest trading house by revenue, also said it has decided to invest Read M...

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