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Haiti’s New Prime Minister: Mining Laws Being Drafted
May 17, 2012
Haiti’s new prime minister says his government is drafting legislation on a newly emerging mining industry to ensure the impoverished Caribbean nation reaps its fair share. Laurent Lamothe says the legislation will be sent to Parliament soon. He says it will…
L&L Delivers First Coal Shipment to Luk Fook Co.
May 17, 2012
L & L Energy, Inc. has commenced delivery of coal to Datang International Power Generation Co Ltd and a new customer, Luk Fook Co., Ltd. On May 14, L&L’s DaXing wholesale subsidiary delivered the first shipment coal via its new loading…
Colombia Free Trade Agreement Takes Effect May 15, Expected Growth for Mining Industry
May 16, 2012
The free trade agreement with Colombia, passed by Congress last October, goes into effect. This agreement allows manufacturers to begin reaping the benefits of the Colombian market. The implementation of this agreement presents a major opportunity for manufacturers in the U.S.…
Rising Tungsten Prices Spark New Mining Development Outside China
May 16, 2012
GTSO Resources isn’t alone in exploring new opportunities in the booming global tungsten market: Rising prices and demand for the super-hard metal have sparked new mining activities around the world as manufacturers seek new sources for the critical element outside of…
InterGen Sells Stake in Philippine Power Plant for $375 Million
May 16, 2012
InterGen has entered into a Purchase and Sale Agreement with EGCO Group to sell its 45.8 percent interest in the Quezon Power Project in the Philippines for $375 million. As part of the transaction, EGCO will also acquire 100 percent of…
Intertek Acquires Mineral Industry Testing Company VIGALAB in Chile
May 16, 2012
Intertek has acquired VIGALAB, a highly regarded testing laboratory supporting the mineral and mining industry in Chile. VIGALAB provides quality sample mineral preparation services and chemical analysis to the mining industry in Chile, including fire assay, trace metals analysis, geochemical tests,…
States Agree on Draft Terms on Coal Block Allocation to PSUs, India
May 15, 2012
State governments have agreed with the center on draft terms and conditions for allocation of coal blocks to public sector companies, sources said today. “The chief secretaries of state governments have agreed to draft terms and conditions for allocation of coal…
Haulmax Answers the Mining Industry’s Haulage Needs, Australia
May 15, 2012
In a report in Business Review Australia, Haulmax has answered the mining industry’s call for purpose built, extended distance haul trucks. “There is an acknowledged void within the industry between traditional mining dump trucks and the on-highway alternative. Attempts have been…
SAIL Eyes Iron, Coal Resources in Mongolia
May 15, 2012
Steel Authority of India Ltd. (SAIL) have set their sights on mineral rich Mongolia, chasing the huge mineral wealth that is helping the once pastoral, land-locked economy register one of the fastest economic growth rates in the world. Steel Authority of…
Thar Coal Gasification Project Hits a Snag, Pakistan
May 15, 2012
The Thar coal gasification pilot project has hit a huge snag as furnace oil lobbies and the bureaucracy are pressuring the government to shelve the project. Sources told The Express Tribune that certain bureaucratic lobbies are using all their forces to…
