lunes, 2 de octubre de 2017

China bought tonnes of North Korean coal

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Coal News Digest
Tuesday 3 October 2017
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North Korea's biggest trading partner imported 1.64 million tonnes of coal in August

Staff sitting hundreds of km away oversaw successful pilot run.

Sampling work at Ontevreden, part of the Vutomi joint venture, seems to prove the presence of high-grade kimberlite pipes.

Figure represents about a third of the country's iron ore mines currently in operations.

China is expected to slash in half the rate of steel production in Tangshan, a city in the north-east that produces 11 per cent of the country's total output

Jeremy Corbyn, whose Labour Party came second in the 2017 UK general election, has reached out to communities hit hard by the downtown in the coal and steel industries.

He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.

Investors will decide next month whether the company should quit the Minerals Council of Australia due to conflicting views on climate change and energy policy.

He joined the company's board in September 2011 and was appointed chief financial officer in April 2013.

Current coal production is being stockpiled on site, and trucked and stored up at the Provincial Energy Ventures port in Sydney, Cape Breton, for export.

A TV ad featuring a famous radio broadcaster is pushing to 'stop the taxpayer loan' to the Indian group

Coal India's plan to diversify into mining metals such as copper and nickel with no prior experience is being seen by analysts as a long-term strategy to firm up revenues, with no immediate results in sight.

Affected by a domestic coal shortage, Poland's largest exporter Weglokoks had to order a shipment from the US so that it can honour contracts with its overseas buyers.

North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up to US$10 trillion.

Members have committed to new actions to further enhance efforts in the climate change space based on recommendations from MAC's independent Community of Interest (COI) Advisory Panel.

The Dalian Commodity Exchange's most-traded iron ore contract, for January delivery, closed down 0.98 percent at 454.5 yuan ($68.45) per tonne.

The agreement brings Yancoal's stake in the Warkworth project to about 85 percent.

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