Mozambique Approved Environmental Impact Study To Build Coal-Fired Power Plant In Benga, Tete

Government of Mozambique has approved the environmental impact study for the construction of coal power plants in the region Benga, Tete Province. Electric coal development will be done by the mining company Riversdale. Coal power plant project using coal as an energy power plants Benga. Electric coal development was done in two stages. The first phase operational in 2013 with a capacity of 500 megawatts of electricity generated. Then the second phase will produce 2,000 megawatts of electricity.

Feasibility study conducted by mining companies exploring in Riversdale show Benga coal mines coal can produce as many as 5.3 million tons of coal per year. Production of coal will last for 5 years (2009-2014). It is estimated that coal reserves in Benga 273.3 million tons, consisting of 181.3 million has been proven coal and coal, 92 million still in the research process.

Riversdale, an Australian mining company which has exploration concessions in Benga coal mines for 25 years. Mozambique government hoped the building of coal power plants and coal mining exploration in Benga, Tete Province can provide employment opportunities for people who are in coal mining areas and promote economic Benga province of Tete.

Pengram Corporation to Proceed With Deep Drilling on Clisbao Property

Pengram Corporation (OTCBB: PNGM) ( "Company") issued the following update on the caribou Clisbako Property is located in the Mining Division Province of British Columbia, Canada.

The Company's directors have agreed to continue with the exploration drilling program, including the main target in the property.

Property consists of 10 mineral claims covering approximately 8370 hectares adjacent, 80 miles west of Quesnel, British Columbia in an area where several highly prospective epithermal gold performance has been found. Approximately $ 2.2 million adjusted to the current value has been issued to conduct exploration work on the property. Geological consulting firm in the report dated December 19, 2008 has concluded that "strong potential for mineralization on the property is located in structurally controlled features in depth." The consultants have recommended the phase three program including drilling into the depths of 250-300 meters to test the depth potential of this. Copies of the reports NI 43-101 compliant available on the Company website: www.PengramGold.com.

The Company also obtained an extension until February 15, 2010 from the obligation to pay $ 70,000 CDN to the vendor of the property under the promissory note Property Clisbako issued in connection with the acquisition of property companies. The Company will issue common stock for 10,000 extensions.

Forward-Looking Statement

This document may include statements that are "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results differ materially from forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company's limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting the planned geological work programs, and other risks detailed in the filing of the company with the Securities and Exchange Commission. In particular, there is no assurance that the Company will obtain sufficient funding to allow it to continue exploration with the proposed program. By making these forward-looking statements, the Company does not perform the obligation to update these statements for revisions or changes in the future.

New Mining Claims in La Peche from Indonesia

Recent newcomers mining claims in western Quebec is nothing but a "natural person" named Glenn Griesbach based in Indonesia. He joined Midland Exploration, SOQUEM (government of Quebec mineral exploration company) and Wildcat Resources in the last round of mining activities at La Peche claims.

Mr. Griesbach, alone or together with Kamaleddin Sheikholeslami Salmasi has 926 active mining claims in Quebec. Thirty (30) of the claims, in Mr. G's name only, who in La Peche and was registered November 25, 2009.

An unknown claims Staker (s) also has filed for more than 20 new claims to the east of Mr. Griesbach's property. Staker said the identity claim (s) will only be revealed when a claim is successfully recorded by MRNF.

See the picture above to see more details in the claim area.

According to Linked-In, here is Mr. Griesbach's profile:

Glenn S. Griesbach 's Experience

Principal, Consulting Geologist
Griesbach, Salmasi & Associates
(Mining & Metals industry)
January 1981 - Present (28 years 11 months)
Senior Associate Geologist, Watts, Griffis and McOuat, Toronto, Canada. Canadian geologist certified professionals work as a consultant and entrepreneur in mineral exploration and evaluation for over 25 years, primarily in Canada and Indonesia, also in Mongolia, Iran and China.

Extensive experience in the prospecting for gold, base metals and uranium. Involved in project procurement, development and management. Have contributed to the discovery and development of mineral deposits in Canada, Indonesia, Mongolia and Iran.

Clients are mining companies, private consulting firms, groups and individuals. NI 43-101 (Canada) are eligible. Available for international duty. Fluent in English, French, German and Indonesian.

Source: http://ca.linkedin.com/pub/glenn-s-griesbach/12/4a2/144

We'll see if history repeats itself. This could claim another fold where the new owners to sell or a choice of claims to an exploration company. If so, it will be none other than the statement in the East's fourth Aldfield - Duclos - Lac des Loups "triangle" (aka Kert Project) has jumped in recent years.

Two serious competitor has passed abandonned their claims to the project because of environmental considerations Kert or due to lack of significant mineral discoveries (not to mention the considerable public pressure from citizens 2500 petition to the mayor holds the opposing uranium exploration).

Australian Mining Company Riversdale Plans To Build Coal Mines In Mozambique

Riversdale is an Australian mining company which has mining exploration investment in some countries. Increased demand for coking coal and thermal coal from the steel industry and power plants to encourage increased investment in Riversdale to open new coal mines to increase coal production, so companies can compete with other coal mining.

Riversdale has received approval from the government of Mozambique to build a coal mine in northwest Mozambique. Riversdale Mining Company's mine development plans of this coal will produce 20 million tonnes per year coking coal and thermal coal. The research reported in the coal mine reserves Benga about 273 million tons.

Development of coal mines in Mozambique involving mining companies and India's Tata Steel to build transportation infrastructure in Mozambique.

Interpreters bicar Riversdale said, "This is really for the project including full capacity, 20-million-ton running my. Mozambican northwestern Tete province is one of the world's last great unexploited coal reserves."

Gold Ore Resources Reported Gold Production From Gold Mines Bjorkdal, Sweden

Gold Ore Resources is a mining company that focuses conduct development and exploration gold mining. Gold Ore Resources has a gold mine project in Sweden. Bjorkdal gold mine is one of the gold mines managed by Gold Ore Resources is located in Sweden.

Gold Ore Resources Bjorkdal gold mine reportedly had committed commercial gold production in 2009. Production of gold in gold mining has begun in fiscal year 2010 on a positive trend in the production arrangement in December 2009. Production of gold from gold mines is estimated to 3865 ounces Bjorkdal (120.2 kg).

Gold Ore Resources reported gold production from gold mines Bjorkdal gives hope to increase gold production from the Gold Ore Resources.

Mining Demand Reported : China Increased Coal Imports Reached 16.4 Mln Tons

End of the year 2009 has changed the status of the Chinese nation, AOS's largest coal importer in the world. Previously China was the largest coal producer in the world. But closing some coal mines in China, especially in the coal mine of Shanxi, China, AOS produced coal production declined sharply. Other factors increasing demand for coal in China is the growth of steel industry in China. Growth in China, AOS steel industry to encourage the demand for coking coal and metallurgical coal as supporting material to produce steel. Cold weather caused some of China, coal production has declined AOS.

Chinese coal demand was reported in the month of December reached 16:38 million tons, China, the previous AOS coal imports reached 16,073 million tons in June. Analysts in China, predicted China, AOS coal imports continue to increase until March 2010.

These conditions provide opportunities for mining companies coal and coal producers continue to increase coal production to meet demand for coal from China. It is estimated that coal prices will rise high enough until the first quarter of 2010.

In Januari Shenhua 1-13, AOS Huanghua port, one of the two coal companies receive a dedicated hub in northern China, down 68 ships carrying 2196 million tons of coal for generating electricity.

In the first 15 days of January, total coal production rose 8 percent from a year earlier, while sales increased by 28 percent and 12 percent of coal transported by rail compared with the same period in 2009.

Red Back Mining Expects Increases Gold Production In 2010

Red Back Mining to develop a gold mine site located in Ghana and Mauritania. Two gold mines, Chirano in Ghana and Tasiast gold mine in Mauritania. Red Back Mining expects gold production from two gold mines can be improved in the year 2010.

Gold mining company, Red Back Mining planned gold production from two gold mines could reach 525,000 ounces 485,000 ounces. Costs that will be used to achieve the production target of about $ 390 to $ 420 per ounce.

Chief Executive of Red Back Mining, Richard Clark said, "Additional production of the heap leach Tasiast and development of new Paboase South underground mine at Chirano will produce more boost production in 2011, toward the annual goal of about 800,000 ounces in 2012.

Allocation of costs for exploration in each of the gold mines, gold mines Tasiast will cost approximately $ 48 million in exploration costs budgeted $ 22 million during the first six months of 2010. Chirano gold mine estimated to cost $ 77 million in exploration costs $ 6 million during the first six months of 2010.

Mining Operator Massey Energy To Develop Coal Mines For Steel Making

Coal demand in Asia rose sharply, mainly from steel producers in Asia. Spikes in demand from China's coal supply exceeds the coal produced by several coal mining companies. Conditions of coal demand in Asia is to encourage Massey Energy, a mining services company, to develop metallurgical coal mining complex to produce. Massey Energy hopes metallurgical complex metallurgical coal mining can produce coal to 2 million tons per year.

Metallurgical coal is the type of coal used in steelmaking. Steel production in China rose sharply, so the demand for metallurgical coal supply from China beyond that provided by the manufacturer of metallurgical coal from Australia. Lack of metallurgical coal from Australia helped U.S. coal producers to meet market demand for coal in China.

Increased demand for coal in China and other countries in Asia will affect the increase in metallurgical coal prices until the price reaches $ 165 per ton.

Eldorado Gold Increase Gold Production Reached 75 Percent in 2010

Canadian gold mining companies, Eldorado Gold Corp. plans to increase gold production in 2010 reached 75 percent. Gold production generated by gold mining company Eldorado in 2009 approximately 342,820 ounces. In 2010 this mining company expects gold production to reach 550,000 to 600,000 ounces.

To support the increased production, Eldorado Gold to acquire a gold mining company Sino Gold Mining acquisition cost of about C $ 2.0 and stock purchase transactions valued at twice that of gold production in China.

Eldorado Gold soon reopen a gold mine in Jilin Province of China which was closed due to violations of environmental security policy.

ANZ Estimates That Coal Prices Increased 19 Percent, 2010

Australia & New Zealand Banking Group estimates that the price of coal in 2010 will increase by 19 percent. The increase in coal prices led to increased demand for coal from China. Coal price increase is estimated to $ 95 per metric ton.

Increased demand for coal from China due to climate change in several parts of China, so the Chinese government issued a policy restricting the use of electricity in order to ensure the resources needed for heating.

Chinese coal production difficulties for Chinese coal production center located in areas affected by snow storms, so that the exploration activities of coal mining and coal production disrupted. Coal harbor shares fell 18 percent in three weeks and the domestic power plant that runs on a very low level.

Power-station coal prices at Australia's Newcastle port, the Asian benchmark, rose 13 percent to $ 95.61 per ton in the week ended January 8, according to globalCOAL NEWC Index. A cargo shipped out of the port reached $ 100 per ton, UBS AG said in a note last week.

Spot prices above $ 100 per ton Xstrata Plc showed resolution of the contract price of $ 83 to $ 85 per ton with Tokyo Electric Power Co. for the year beginning January 1 may be "conservative" guidance for the contract price for the year starting April 1, Pervan said.

Strategic Mining Plans To Expansion Gold Mining in U.S. and Vietnam

Strategic Mining Corporation plans to expand the gold mining exploration areas in the United States and Vietnam. This mining company has completed negotiations to get the gold mining resources in the area of Nevada and Utah. Increased investment to get a new gold mine site aims to increase gold production in 2010.

Mining has signed a strategic agreement to obtain ownership of gold mining companies in Vietnam. Vietnam gold mining company, Ba Dinh Minerals Company has signed agreements with mining companies to evaluate the strategic Mining reports high grade gold deposit located in North Vietnam.

Gary Cripps President commented: "We are encouraged by the prospect of the acquisition of new properties as they support the company's efforts to increase shareholder value and strengthen the company's overall position."

Involved in strategic mining exploration and development of gold properties in West Africa. Birimian Greenstone belt is a long history of gold mining and the prospect is one of the fastest growing gold producing regions in the world. The company is also implementing a plan to acquire and develop gold projects in strategic areas both domestically and internationally.

Coal Prices And Iron Ore Prices Rose Significantly

Winter and snow in some parts of China affect the mining exploration activities in China, so that mining production declined. Decrease in mining production from China to change the status of a Chinese importer exporter of mining raw materials. Closure of illegal mines affect coal supply in China, so China's imports of coal on a large scale. Look for coal mine outside of China continue to be done to meet the supply of coal.

China started importing coal from a distant region and the first purchase of coal from Colombia in January this year. Analysts believe that China net imports of steam coal 50mln tons in 2009, greatly changed compared with the 70-80mln tons of net exports in 2005. At the same time, such as the Indian power generation gradually developed, imports of steam coal demand will remain strong this year, therefore, the price increase will be more information. This week, influenced by increased demand and tight supply, steam coal spot price climbed to U.S. $ 105 per ton in the Australian market, the high recorded since November 2008.

Increased demand for coal and iron ore from China resulted in an increase in prices of coal and iron ore significantly.

Future Of Griffin Coal Mining Companies

Coal mining company, Griffin Coal Mining Co. facing financial problems to continue mining exploration project, because the mining company Griffin Coal Mining in debt to the holders of bonds worth $ 475 million and taxes payable to the government. The total debt incurred by the Griffin Coal Mining $ 629 million.

Griffin Coal Mining is a coal mining company which supplies coal to power plants in Western Australia. Mining companies produce 5 million tons of metric tons per year, so the existence of mining companies is essential for the survival of the availability of electrical energy to western Australia.

If the mining company went bankrupt Griffin Coal Mining, the possibility of electrical energy crisis in Western Australia, more affecting the survival of industries and economic activities. Another impact of the presence of mining companies Griffin Coal Mining, the number of miners who will lose their jobs, because the mining company employs 500 people miners.

Executive and administrator Griffin coal mining companies will meet with Prime Minister of Western Australia to discuss the impact of electricity generation capacity for the state, if the Griffin Coal Mining companies will be closed.

China Meijin Energy Bid Raises Takeover Coking Coal Developer, Australia Richfield Ltd.

China Meijin Energy companies bid for development of coking coal Richfield Ltd Australia. Bids submitted by China Meijin Energy worth 197 million Australian dollars rose by about 56 cents. Jindal Steel match the bid submitted by China Meijin Energy.

Rocklands coal has tenements in Queensland is estimated to save more than 900 million tons of coal and coking coal also operates a factory in eastern China. Coking coal is used to make steel.

However, the approval process could present unexpected obstacles, such as last year's takeover by OZ Minerals Corp. Ltd. China Minmetals is described. China Minmetals was forced to revise the bid to OZ for Hill Figures exclude me after this target is considered by the Australian government to be in the military zone.

Foreign-deal Australian regulator, the Foreign Investment Review Board, recently approved $ 3.4 billion takeover of Felix Resources by China's Yanzhou Coal Mining Co., Rocklands not show is likely to experience difficulties.

SouthGobi Energy Stock Offering To Raise $ 400 Million HK

SouthGobi Energy, mining company based in Vancouver, plans to increase sales of shares of about HK $ 400 million. SouthGobi Energy 80 percent shares owned by Ivanhoe Mines, Canadian mining company, the remaining shares owned by the institutional investors and mutual funds.

Funds generated from SouthGobi Energy stock offering will be allocated to expand production capacity and access to regional infrastructure and transportation needs of the exploration of coal mining.

SouthGobi has coal mines in Mongolia, which has made coal production to meet demand for coal from China. SouthGobi will focus on exploration and development of thermal coal metallurgy.

Allocation of shares offered, 75 percent will be allocated to institutional investors, 15 per cent for Canadian investors and 10 percent for Hong Kong retail investors.

Coal of Africa To Acquire Thermal Coal Producers Nucoal Mining

Solved Africa (coal), coal development company operating in South Africa, plans to acquire thermal coal producers NuCoal Mining. This mining company has assets in South Africa in Mooiplaats coal mining area.

The acquisition of mining companies are part NuCoal African Coal Mining plans to enter the UK Listing Authority and trade on the Code Main Market of London Stock Exchange H1 2010.

Coal announced that they have put some cash up to 59.6m and continued acquisition strategy poundsteerling, exploration and development of metallurgy and projects of hot coal in South Africa.

Coal Mining Companies Harmed by Illegal Coal Mining in Jharkhand

Jharkhand government and mining companies coal mining exploration in the area of Jharkhand worried about illegal coal mines in Jharkhand. Each year the coal smuggling is estimated to reach 720,000 tons, so the government and coal mining companies lose revenues of more than Rs. 5000 Rs. 600 crore every year. It is estimated there are about 18,000 people conducting illegal coal mining.

Government and mining companies in Jharkhand reorganization plan illegal coal mining by forming cooperatives that employ people who are in the coal mines and cooperatives will be paid by coal extraction.

Coal mining companies exploring in the area of Jharkhand coal mine, among others: CCL, Bharat Coking Coal Ltd (BCCL) and Eastern Coalfield Ltd (ECL). These companies do coal mining has been done in the security area coal mines, but the company's coal-mining companies can not cover all existing mining areas. Therefore Jharkhand government and mining companies will seek solutions to overcome the problem of illegal coal mining in Jharkhand

India’s Gold Imports Improved In December 2009

Overall Indian gold imports in 2009 decreased compared with the year 2008. In the year 2008 the Indian gold imports reached 420 tons, but in 2009 the Indian gold imports reached only about 200 tons. Indian gold imports at the end of the year increases in December 2009.

Bombay Bullion Association (BBA), says Indian gold imports in December, jumped 32-35 tons.

The main factor decreasing the Indian gold imports because the price of gold rose high enough, even the price of gold reached a high recor in 2009. BBA association retailers and wholesalers of gold india plans to revise the trading price of gold to create gold trading market that is conducive to the development of the mining sector and the country's economy.

Annual Report UK Coal Mining Company Loses £ 115m

UK Coal, the largest coal mining company owned by the British state. UK Coal is a coal mining company to develop projects of mining exploration and development of mining properties. The last few years British companies faced coal mining technical problems and development of coal production at several mining sites.

UK Coal companies reported losses in 2009 reached 100 pounds. The Company experienced a loss before tax of £ 115m, compared with the year 2008 the company suffered losses of £ 15.7m. Analysts estimate the company's losses the British coal mining will continue until early 2010. British coal mining company will benefit twice in 2011, after a coal mine that will be explored for the production.

"There has been significant progress in all development planning portfolio in 2009," said UK Coal. "Most are still in progress in the negotiations, with a resolution of the planning committee approved 332 new homes and 4645 square feet is accepted as the work space at the end of this year."

Toyota’s Cooperation With Australian Mining Company To Develop Lithium Mine In Argentina

Producers and the development of Japanese cars, Toyota will work with Australian mining company, planned development Limited Orocubre largest lithium mine in Argentina. Lithium mining development investment made by Toyota to anticipate development and production of hybrid and electric cars made by Toyota car company. Investments issued by Toyota to develop lithium mine for $ 120 million.

Australian mining company, Orocubre Limited is a mining company to develop lithium mining projects in several countries that have the potential largest lithium reserves. Today, mining companies lithium Orocubre Limited to develop mining projects in Bolivia, Chile and Argentina.

Gold Production From Burkina Faso Gold Mines Estimated In 2014

Canadian mining company Volta Resources conduct a feasibility study of gold mines in Burkina Faso. It is estimated that the feasibility study will take between six to nine months. Production of gold from gold mines of Burkina Faso are expected to begin in 2014, because the new feasibility study will begin in the second half of 2010. Mining company can not estimate how much gold can be produced from a gold mine in Burkina Faso. But gold mining companies are optimistic in Burkina Faso have enough deposit.

Volta Resource hoping to get funds from investors to develop a gold mining exploration activities in Burkina Faso. International Finance Corp.. has agreed to invest in Canadian mining company C $ 8 million to finance a gold mining exploration activities. At present the International Finance Corp.. finance gold mining exploration activities in West Africa Kiaka. Kiaka mine is one of the gold mine project managed by the Volta Resources with funding from the International Finance Corp.

Kevin Bullock, CEO, Volta says "Kiaka is the most advanced of several properties in Burkina Faso, Ghana and Mali. Volta bought mine from Randgold Resources Ltd in October 2009. Kiaka gold project is very feasible because there is such a low class, and this in one gram, but the deposit itself is 130 meters wide on average ... that will cost the mine. "