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Wyoming coal production falls for fourth straight year |
| February 25, 2014 09:56 | |
| Wyoming coal production dropped by 3.3% in 2013, the fourth consecutive year of decline. Bad weather, including a lot of rain, contributed to a cut back in operations. The state also lost over 300 coal jobs as a result. Despite the setback, the Wyoming coal industry expressed enthusiasm for 2014, pointing to higher demand from cold weather and an increase in natural gas prices. Wyoming still accounts for over 40% of the nation’s total coal production. But rain forced... |
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France targets Africa with new $550m state mining company |
| February 25, 2014 09:53 | |
| France plans to invest up to €400 million ($548 million) in a new state-owned mining company called Compagnie National des Mines de France (CMF). The investment which will be spread out over five to seven years marks the establishment of the European nation's first new state-owned industrial enterprise in 20 years. CMF will be built around the same model as Japan's Oil, Gas and Metals National Corporation (JOGMEC) which was created a decade ago on February 29, 2004 and has an annual... |
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China's rare earth industry expands but problems persists |
| February 25, 2014 09:50 | |
| China's rare earth industry – responsible for almost 90% of global output – suffered a sharp drop in profits last year despite modest revenue growth reports Xinhua. Industry revenue was close to $12.6 billion (77 billion yuan) last year, up nearly 8%, but profits slumped 28% to less than $1.3 billion, as prices for the elements a variety of industries including green technology, defence systems and consumer electronics, continued to fall, according to China's Ministry of Information and... |
Exchange Rate
Foreign shares
| New York Stock Exchange | ||
| Name | Closing | Changes |
| BHP Billiton Ivanhoe Mines |
90.53 23.3 |
1.44 0.00 |
| Australian Stock Exchange | ||
| Name | Closing | Changes |
| General Mining Corp Aspire Mining Limited |
0.145 0.52 |
0.00 -0.02 |
| London Stock Exchange | ||
| Name | Closing | Changes |
| Petro Matd Limited polo Resources Limited |
123.5 5.4 |
0.00 0.02 |
| Hong Kong Stock Exchange | ||
| Name | Closing | Changes |
| Mongolian Mining Corporation Mongolia Energy |
9.59 1.14 |
0.00 -0.06 |
| Toronto Stock Exchange | ||
Metal exchange rates
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Coal price data
Ord.mn Mongolian National Mining Information Portal
All rights reserved copyright © 2013
All rights reserved copyright © 2013
