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  • Coal Takeovers in Australia to Settle Down Says Industry Analyst
    News - 24 Sep 2010
    Australia won't see as many takeovers in the coal mining industry as many potential targets have already been acquired after the recent surge in acquisitions as per UBS's head of metals and...
  • ArcelorMittal and Indiabulls to Form JV for Coal and Iron Ore
    News - 7 Sep 2010
    ArcelorMittal and Indiabulls will form a joint venture for coal and iron ore mining. Indiabulls Real Estate has power plants while ArcelorMittal is the world’s largest steelmaker. It currently...
  • CuDeCo Market Value Halves in One Day
    News - 19 Aug 2010
    In a reminder of just how fast things can fall apart in the business world CuDeCo (ASX:CDU), a Queensland based mining company saw half its market value drop in one day. The sell off wiped away...
  • BHP Billiton Looking at Potash Acquisitions
    News - 18 Aug 2010
    The bid made by BHP Billiton for Potash Corp. has put mergers and acquisitions back on the mining agenda. The fertilizer industry is set for substantial growth in the coming years and the mining...
  • Xstrata Announces Strong Half Yearly Results
    News - 3 Aug 2010
    Mining giant Xstrata has announced positive half yearly results for 2010. In fact the operating profit in its north Queensland copper division was announced at $167 million, much higher than the...
  • Collahuasi Updates Resource Estimate
    News - 28 Jul 2010
    Compañía Minera Doña Inés de Collahuasi SCM has announced a revised Mineral Resource estimate with an increase to total Mineral Resources and Ore Reserves. Xstrata Plc owns a...
  • BHP Billiton Cautious on Global Financial Recovery
    News - 20 Jul 2010
    BHP Billiton (ASX:BHP) says that despite its petroleum and iron ore divisions having both achieved their annual production records, the mining giant is continuing to err on the side of caution about...
  • $3.2 Billion Investment in Pakistan Gold/Copper Resource
    News - 20 Jul 2010
    A potential copper and gold deposit in Balochistan, Pakistan has attracted a fresh investment of $3.2 billion via a joint venture. The joint venture comprises of Barrick Gold Corporation...
  • Macarthur Coal Upgrades Profit Forecast
    News - 5 Jul 2010
    Macarthur Coal Ltd has had a good year and this reflects in its revised full year profit forecast. The world’s largest producer of pulverized coal which is used by steelmakers has gone from...
  • Asciano Secures Large Coal Haulage Contract with Middlemount
    News - 4 Jul 2010
    Asciano has secured a $320 million contract with Middlemount Coal for the next ten years. This will be for moving as much as 3 million tons of coal per annum in Queensland from January 2012 onwards....

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