SouthGobi Energy’s coal resource soars
Shares of SouthGobi Energy Resources (SGQ-V, SGQRF-O) vaulted $1.90 apiece on news that the company’s total measured and indicated surface resource of coal in southern Mongolia has grown by 73% to 258…
Asia
Southern Arc goes deep in Indonesia
VANCOUVER — The deep reach of Southern Arc Minerals’ (SA-V, SOACF-O) drills has paid off with the company’s longest mineralized intercept to date at its 21-sq.-km Selodong prospect on west Lombok Isl…
Delayed startup for Equinox
VANCOUVER–It’s been an up-and-down past few months for Equinox Minerals (EQN-T, EQMIF-O) as it tries to get its Lumwana copper, in Zambia, project into production.
Olympic power rationing hits Silvercorp
Vancouver – Inadequate coal supplies for Chinese power plants means industrial customers are facing power rationing…
Mining companies face Olympic hurdles
Efforts in China to ensure security and decrease air pollution during the Beijing Olympic Games have not gone unnot…
Yankee Hat forms tungsten JV with Japanese group (August 06, 2008)
Restrictions on tungsten exports from China have caused resource-poor Japan to look to the Yukon and Northwest Terr…
Citigroup hikes short-term coking coal price targets
Citing continued tight supply, Citigroup has raised its targets for metallurgical or hard coking coal for the next few years. A research report by analyst Alan Heap forecasts that prices will rise in …
SouthGobi Energy’s coal resource up sharply
Shares of SouthGobi Energy Resources (SGQ-V) were up $1.90 apiece today on news that the Vancouver-based company’s …
Intrepid posts Indonesian resource (July 29, 2008)
Vancouver – A resource estimate for a portion of the Tujuh Bukit gold project in Indonesia only a few months after …
UAE pours oil money into mining
In an effort to shield itself from escalating costs of infrastructure-related materials, the government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the firs…
Iron ore market to stay strong in 2009: forecasts
The iron ore boom continues, with the market expected to stay firm through next year, according to a report by the Iron Ore Trust Fund of Geneva-based United Nations Conference on Trade and Developmen…
Potash, uranium, key themes at RBC conference;RBC conference
Commodity prices will remain strong for several years to come due to robust demand outside the United States and persistent supply constraints, according to presentations at the recent RBC Global Mini…