Peru, Brazil to emerge as Latin America’s new mining gems
Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.
Tensions over mining and coal seam gas (CSG) exploration have boiled over at a mining conference in Sydney, with activists warning rural NSW could soon resemble an industrial wasteland. As industry heavyweights gathered to discuss the future of mining at
Chile is proceeding with a massive coal mine on an island in Patagonia near the southern tip of South America despite a high-profile viral video protest campaign and accusations that billionaire President Sebastian Pinera's shareholding in the developer Copec constitutes a serious conflict of interest.
A similar campaign last year forced Pinera to reconsider a thermoelectric plant close to another wildlife attraction and a recent poll put his approval rating at only 26%, below even that of dictator General Pinochet, who ruled the country for 17 years from 1973.
Global miner BHP Billiton is looking to build a new rail line between some of its inland Australian coal mines and the coast in a move that could threaten dominant coal haulage firm QR National, a newspaper said on Thursday.
The market is expecting BHP Billiton to post record-setting annual profits of $US22.1 billion next week on revenues forecast to be a staggering $71.9 billion.
BHP investors, whose stock has hardly moved in a year despite stellar growth rates at the Melbourne-based company, would want to hear if another share buyback will follow the $10 billion round completed in June and any update on its purchase of Petrohawk.
The world's biggest miner has a history dating back 150 years and its operations span the globe from potash in Canada (pictured) and coal in South Africa to nickel in Australia and copper in Chile.
Chinese companies mull investing in Romania's nuclear and coal sectors, Mediafax reported after the visit of the Romanian government delegation, headed by PM Emil Boc, to China.
A blast in a coal mine in China killed 10 people, officials said Monday.
The blast, due to accumulation of gas inside the mine, took place Sunday night in southwest Guizhou province, Xinhua reported.
Even without a television crew filming every move they make underground, the coal miners who work at Cobalt Coal's Westchester Mine in Big Sandy are running coal and getting better at it according to Mike Crowder, Cobalt's chief executive officer.
Hiroko Kumagai will never forget the day in 1998 when she first stepped inside the red-brick building at the entrance to the closed and shuttered Miyahara shaft in the Miike coal mine.
Image from YouTube