MINING.COM Staff Writer

Purchasing.com (April 25, 2008) - Coal miners are reporting increased rates for coal in the U.S. as the demand for U.S. coal in overseas markets continues to grow.

Bucyrus enters into a preliminary framework agreement with Huainan Mining Industry (Group) Co., Ltd. to establish the basis for the potential creation of a joint venture in the Huainan mining area of the Anhui Province in the People’s Republic of China.

The Minerals Council of Australia says the 2008-09 Budget “takes important steps in the right direction. The MCA commends the overall Budget strategy which introduces a longer term planning framework, focuses on the need to fight inflation by reining in government spending, delivers a strong surplus and tackles capacity constraints,” the Acting Chief Executive Mr [...]

RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada, has published a research report that concludes that despite the worsening global economic climate, the fundamentals for diamonds remain positive. Des Kilalea, Analyst, Global Mining Research at RBC Capital Markets commented: “While the world economy lumbers through one of its worst [...]