An Australian company says it is buying an interest in coal mines in Montana and Wyoming as interest increases in shipping the product overseas to feed growing energy demands in Asia.
Ambre Energy Limited announced on Thursday it was buying a 50 percent interest in the Decker Coal Company in southern Montana and the Black [...]
In the wake of the Qantas battle between management and unions, the country’s waterfront could stand to become the next front in the increasingly tense relationship between employers and their workers’ unions, according to a report by the Australian Financial Review.
With dock worker strikes at three locations and negotiations deadlocked at two others, [...]
RIO TINTO STRIKE: In October, security forces opened fire on striking miners at a Freeport McMoRan-Rio Tinto gold and copper mine in Papau, Indonesia, killing 30-year-old Petrus Ayemsekaba and injuring six, the latest episode in decades of alleged human rights abuses and killings linked to the mine. Union leader Manuel Maniambo said thousands of [...]
Vancouver’s Copper Mountain Mining made the first shipment of copper concentrate from its new mine near Princeton to the port of Vancouver. The concentrate is transported in 50-tonne super B train truck units. Port facilities are complete, including a truck discharging and storage area.
Copper Mountain (the company) build a new 35,000-t/d milling facility and [...]
The election's impact on the Port of Callao is still unknown, though Humala has said he opposes private concessions of the docks. DP World and APM Terminals have brought foreign management to the port.
Peru’s benchmark stock index plunged 12.5% Monday. Investors rushed for the exits on fears that the country’s next president, populist [...]
Ollanta Humala's champions were the neglected — one in three Peruvians are poor and have gained little or nothing from a mining bonanza that turned its economy into Latin America's top performer the past decade.
Leftist military man Ollanta Humala declared victory Sunday night after unofficial results showed him narrowly winning a bitterly contested [...]
The United States could vault back into the top rank of coal exporters for good this year thanks to Asia’s fuel demand — just as surging gas output and tougher environmental laws threaten mainstay domestic sales.
Analysts say total U.S. coal exports could amount to around 100 million tons (91 million tons) this year, leaving [...]
By the [time he retires, Executive Director Larry Paulson] intends for the port to have secured funding for its West Vancouver Freight Access Project, a $137 million expansion of the port’s rail system. … The port also landed a number of big tenants last year, including Farwest Steel of Eugene and international mining company BHP [...]
Terminal 5 at Port of Vancouver USA, with Mt. Hood in the background.
The port’s decision in 2009 to export potash rather than coal positioned it to accomplish long-term economic development objectives.
It also enabled the port to sidestep a growing controversy over whether Washington state should become a big player in exporting coal, [...]
Two companies are pushing to make Washington a major player in the international coal trade. One has sought to ship up to 60 million tons of coal a year from refurbished docks near the Columbia River’s mouth. The other plans to build a major shipping terminal near Bellingham, and has a contract [...]
The Interoceanica Highway to the Pacific Ocean is said to turn Brazil from "America's backyard" to a major supplier of natural resources bound for China.
New highways stretching across South America from the Atlantic to the Pacific oceans will consolidate Brazil’s role as the continent’s leader and give it an alternative export outlet to [...]
Japanese zinc producer Mitsui Mining & Smelting and trading house Itochu have signed an agreement with Canada’s Selkirk Metals for a 50% stake in the Ruddock Creek zinc mine, located 500 km northeast of Vancouver, they said in a joint statement Thursday.
The three companies are keen to launch commercial production of zinc and lead-in-concentrate [...]
Itochu Corp. (8001) said Thursday it will spend 140 million Australian dollars (11.6 billion yen) to develop coal mining in Australia. The trading house will start building facilities early next year at the Ravensworth North coal mine in New South Wales. Itochu has a 10% stake in the mine.
The company plans to begin mining [...]
An Ambre Energy subsidiary is investigating Chinook Ventures, former site of an Alcoa aluminum smelter in Longview, Wash., says Michael Klein, Ambre’s vice president of corporate development. The company has posted jobs for executives to develop “a bulk marine terminal in Washington state.” Klein declined to give more specifics, but said coal would likely be [...]