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Alpha Natural Resources becomes most recent US coal producer idling mines

Alpha Natural Resources on Friday became the latest US coal producer proclaim cutbacks due to slackening demand. The company will straight away mothball four mines in central Appalachia, plans to idle two more by early next year and scale back … Continue reading

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World initial mobile underground mine gas lab launched

Queensland has reveal the world’s first mobile mine gas laboratory for mine emergency. Stirling Hinchliffe, the state’s mines minister, said the automatic mobile laboratory was developed by the Safety in Mines Testing and Research Station (SIMTARS), which also formed new … Continue reading

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India to talk with Indonesia on planned coal export control

Expressing concern over the planned restrictions on export of certain grade of coal by the Indonesian government, India Saturday said it would try to find a resolution through bilateral talks. We have taken up it with the external affairs and … Continue reading

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McEwen Mining: US Gold and Minera Andes business grouping finished

McEwen Mining Inc.is pleased to announce that the beforehand announced business combination, pursuant to which US Gold Corporation acquire Minera Andes Inc. and was renamed McEwen Mining, has been effectively finished and closed today. The Combination was carried out by … Continue reading

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XSTRATA COAL SOUTH AFRICA ABSOLUTE SALE OF MPUMALANGA ASSETS

Xstrata Coal South Africa (XCSA) is pleased to proclaim that it has ended the sale of its Spitzkop and Tselentis collieries and behind coal assets, located in Mpumalanga, South Africa, to the Imbawula Group (Imbawula) for a secret amount. The … Continue reading

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Aurizon Mines placement record gold production in 2011

Aurizon Mines was down 1.82% today despite proclaim a record year for gold produce and strong growth prospects.The Vancouver-based Company said it achieved a record 163,845 ounces in 2011 from its Casa Berdi gold mine in Quebec just under its … Continue reading

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Diamond investigation concerns flourish at Iqaluit project

Some community members are concerned about plans to expand a diamond exploration project on South Baffin Island.  Peregrine Diamonds Ltd. owns and operates the Chidliak project near Iqaluit. The company wants endorsement from regulators to bring in more workers, more … Continue reading

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Exploration improve by China’s $89m base metals contract

CHINESE trader Guangdong Guangxin Holdings has signed an $89 million deal to boost its interests in Australian base metals by buying a quarter of the Mineral Hill copper and goldmine in NSW and a 15 per cent stake in mine … Continue reading

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Company seeks authorize to develop Montana gold and silver mine

Canada-based RX Exploration has applied for a working permit to expand gold and silver mine northwest of Helena after authoritarian officials became concerned the company was approaching the limits of its accessible permit. The company made the request Thursday to … Continue reading

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Westmoreland proclaim plan to obtain Kemmerer Mine

Westmoreland Coal Company announced today that it has agreed to acquire Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus roughly $14 million in working capital. It is anticipated that the purchase … Continue reading

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