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Coking Coal Project
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Miner Coal of Africa Has Announced That It Registered a Net Loss of $46.3 Million
Mar 11, 2014South Africa-based miner Coal of Africa has announced that in the first six months ended on December 31 it registered a net loss of $46.3 million, down from a net loss of $111.7 million in the corresponding period of the previous year. In ...
Tags: Coal, Mineral, miner Coal
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China's Baosteel Has Increased Its Ownership to 20% After Purchasing 4.6% Stake
Dec 23, 2013Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...
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Mongolia's New Legislation Will Help Attract More Investment
Nov 12, 2013Mongolia's new legislation that removes distinction between domestic and foreign companies when it comes to investing in the country will help attract more investment, miners with projects in the region said Friday. From November 1, ...
Tags: Miners, Mining Sector
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New World Resources Announced Decreased Revenues Due to Lower Sales Volumes
Nov 7, 2013Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first nine months of 2013. In the first nine months, New World Resources registered a net loss of €527.9 million, compared to a net ...
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Aspire Mining Purchases Coking Coal to Be Produced From The Ovoot Coking Coal Project
Jul 11, 2013Australia-based, Mongolia-focused coking coal explorer Aspire Mining Limited has announced that it has signed non-binding memoranda of understanding (MoU) with four North Asian steel mills and coking coal buyers for the purchase of coking ...
Tags: Mining, Coking Coal
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Universal Coal Increased Its Ownership in The 1.35 Billion Mt Berenice Coking Coal Project
Apr 23, 2013South African-based coal producer Universal Coal has announced that it has increased its ownership in the 1.35 billion mt Berenice coking coal project in the Limpopo region of South Africa to 50 percent. Reaching 50 percent ownership will ...
Tags: Coking Coal, Metallurgy, Mineral, Energy
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NSSMC Received a Mining Concession for The Development of Its Revuboe Coking Coal Project
Apr 4, 2013Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that it has received a mining concession for the development of its Revuboe coking coal project in Tete Province, Mozambique. According to NSSMC, the Revuboe project ...
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OAO Are Constrained by Highly Cyclical, Capital-Intensive, and Competitive Nature
Dec 21, 2012The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital-intensive, and competitive nature of the steel industry. Steel margins are relatively weak, and in our ...
Tags: steel group, steel, iron ore, coking coal mining
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Ratings on The Russian Vertically Integrated Steel Group OAO Severstal Are Constrained
Dec 14, 2012The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital intensive and competitive nature of the steel industry. Steel margins are relatively weak and in our ...
Tags: OAO Severstal, steel industry, Russia, steel
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Shares in Aquila Resources Fell More Than 3% on November 30th
Dec 6, 2012AAP reported that shares in Aquila Resources fell more than 3% on November 30th after the company said it could reduce its costs by USD 2.4 billion. The minerals explorer said that there was potential to reduce capital costs from USD 7.4 ...
Tags: Aquila Resources, West Pilbara, iron ore
