It is reported that Beijing Huaye Real Estate will establish a wholly-owned subsidiary, Huaxingye Mining Investment with registered capital of CNY 20 million. As per report, the subsidiary will specialize in mining investment, resources exploration and

It is reported that Queensland is attempting to quarantine its boom coal-seam gas industry from the Gillard government's carbon tax after successfully gaining an exemption from the mineral resources rent tax. The Bligh government is arguing for further

Reuters quoted the China Electricity Council said China top five major state-owned power generating groups continued to rack up losses on their thermal power business in May despite the government raising power prices in April. The council said mainly

Kutta Radios Inc announced that it received Part 23 MSHA certification for a new tracking system that revolutionizes tracking before, during, and after mine emergencies. The Kutta tracking system turns the metallic infrastructure in an underground mine into a large antenna that carries the tracking signal for miles throughout the mine. Image from Kutta Radios is the the DRUM® 100P Portable Medium Frequency Radio (DRUM® 100P).

Strike Resources has executed an agreement with Iron Associates Corporation to purchase an additional 12% interest in Apurimac Ferrum SA from IAC increasing its stake in AF to 56%. The strategic acquisition was made for a consideration of USD 1.2 million

It is reported that Ms Gillard government climate change adviser Mr Ross Garnaut has defended his attack on the coal sector aggressive opposition to a carbon tax, calling research by the industry to fight the policy as professionally wrong. Professor

Continental Coal has received a further offer of financing that could potentially allow the development of the Penumbra Mine to be completed in a more capital efficient manner. The new offer of finance offering more attractive terms for the company has

IBNS cited Mr Ganesan Natarajan Encore Coke Ltd President as saying that the merchant coke sector in eastern India is hopeful of riding the boom of steel production in the near future. He said steel industries in India are largely dependant upon blast

According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute and the Turkish Undersecretariat of Customs, in May this year Turkey's iron and steel imports totaled USD 1.58 billion decreasing by 7% YoY and up 2.18%

Sir Michael Somare PM of Papua New Guinea signed an affidavit accusing mining giant Rio Tinto of driving the war on Bougainville. Rio Tinto's subsidiary, Bougainville Copper owns the Panguna copper mine which sparked the civil war on the island. The