ENERGY

HEAVY PROFIT TAKING

Sharp correction in coal prices hits listed stocks

Thursday , 03 Jul 2008
Fundamentals steady, but a correction in frothy spot prices triggers sharp sell off of listed stocks, in coal and beyond.
INVESTMENT INSIGHTS

Uranium One secures $100m debt facility

Wednesday , 02 Jul 2008
But a limited update from the company gives no detail on whether the Dominion project has stopped burning cash.
‘BIG PRESSURE’ FOR POWER SUPPLY

China – power under pressure with continuing coal supply shortage

Wednesday , 02 Jul 2008
The price of coal is being brought under temporary government control in China as power generation supplies continue to dwindle.
ASIAN HOLDINGS

Korean steel company buys stake in major Australian coal miner

Monday , 30 Jun 2008
Posco of South Korea has bought 10 percent of Australia’s MacArthur Coal joining Arcelor Mittal and CITIC as major shareholders in the company.
BP FUMBLES RUSSIAN OIL ASSET GRAB

Chapter 2 - BP at Kremlin gate, hoist on its own petard

Friday , 27 Jun 2008
Russians beat Brits at PR detonation.
FINANCING, INVESTOR INTEREST DRIES UP

As URI bows out of Rio Algom deal, hopes for conventional uranium milling in NM district fade

Friday , 27 Jun 2008
The timing is bad for URI to buy the Rio Algom mine and milling complex as investor interest and financing for uranium projects has faded after uranium market began to free fall in February.
INTERVIEW

Finance Minister says Ghana will cut mining power subsidies

Thursday , 26 Jun 2008
Mining companies in Africa’s second largest gold producing nation have apparently agreed to pay a higher rate for power beginning July 1.
SOUTH AFRICAN COAL MINING

Front-running coal junior to boost Richards Bay exports by 500,000t

Thursday , 26 Jun 2008
SA Coal Mining says it is making a substantial investment in its flagship Umlabu mine with an eye toward the future.
REPUBLICANS CALL MEASURE UNCONSTITUTIONAL

Emergency House Resolution bans uranium mining, exploration near Grand Canyon

Thursday , 26 Jun 2008
Evoking a seldom-used legislative power, House Natural Resources Committee Democrats Wednesday adopted an emergency resolution ordering the Executive Branch to ban new uranium mining and exploration near the Grand Canyon National Park.
DRILLING FOR EQUITY IN SOUTHERN AFRICA

Sentula to grow mining services, coal mining rapidly again

Thursday , 26 Jun 2008
CEO Robin Berry says Sentula Mining will repeat its rapid growth of the last 18 months over the next few years and sees potential for consolidation in the junior coal sector.
LANDMARKS IN OIL FOLLY

Chapter 1-before BP falls, Gazprom rises

Tuesday , 24 Jun 2008
Russians out-play Saudis as Gazprom calls for OPEC replacement.
GOVERNMENT CAN'T GUARANTEE SAFETY

Niger Tuareg rebels kidnap 4 Areva uranium workers

Sunday , 22 Jun 2008
The Niger Justice Movement has kidnapped four Areva uranium miners as a warning to foreign mining companies doing business in the country.
SOUTH AFRICAN POWER PRICES KEY

Huge $16 bn Botswana coal power project could be scaled down

Friday , 20 Jun 2008
There are worries that the huge Mmamabula coal mine and power station project in Botswana could be curtailed over huge construction cost increases, further contributing to the regional power crisis.
SA PREMIER UNASHAMEDLY PRO-MINING

Olympic Dam - world’s largest uranium mine, fourth largest copper mine and sixth biggest gold mine?

Thursday , 19 Jun 2008
Creation of the massive Olympic Dam pit will see mining of ore and waste involve removal of one million tonnes per day from this remote South Australian copper-uranium-gold mine and the State Premier says that by then this mine will surpass all of Canada’s uranium production.
US$900-MILLION PLUS MINE

Areva's Trekkopje uranium mine gets Namibian blessings

Thursday , 19 Jun 2008
The Namibian government has granted Areva the go-ahead to extract the uranium, paving way to the south west African nation’s third uranium mine.
POWER PLANS

Nigeria's Western Goldfields plans mining 62 million tonnes of coal reserves

Wednesday , 18 Jun 2008
A Nigerian consortium says it plans a perhaps overoptimistic programme of coal mining and power station development to solve the country’s electricity supply problems.
BIG BUYERS EXPECTING HIGHER PRICES

Spot uranium falls – again

Wednesday , 18 Jun 2008
“Disinterested equity markets” may “cease funding uranium exploration and development”.
ADELAIDE URANIUM CONFERENCE

Australian study to upgrade its uranium output at source

Wednesday , 18 Jun 2008
In the past two years Australia has broken some of the political shackles that have hogtied its enormous potential to develop more uranium mines. Now there’s a move to push for upgrading output from major mines to the next stage – UF6.
CONTRADICTION IN TERMS?

Nigerian environmentalists support coal mining

Tuesday , 17 Jun 2008
Nigerian environmental experts have called on the government to reintroduce coal mining in a move aimed at solving the country's current power crunch and salvaging its disappearing forests.
RESCOPING PROJECT

Canadian oil sands expansion decision put back as original economics now marginal

Tuesday , 17 Jun 2008
Canada’s No. 4 oil producer has put back an expansion decision on its MacKay River oil sands project as capital and operating costs soar and new royalty regime.
MSHA OPPOSES S-MINER LEGISLATION

MINER Act improves safety, but won’t prevent Crandall Canyon-type disasters

Tuesday , 17 Jun 2008
In the past 18 months, the federal MINER Act in the U.S. has speeded up MSHA rule-making, increased the number of mine inspections, and generated emergency response plans in all underground U.S. coal mines.
BOOM-BUST MEMORIES

Coal mine expansions in U.S. can't match global shortfall

Tuesday , 17 Jun 2008
Despite big price increases for exported coal, U.S. miners are unwilling to expand to meet global demand.
MORE THAN 9.5BN BPD

Saudis may pump more oil to curb excessive price

Sunday , 15 Jun 2008
As world economies face a major downturn due to excessive energy costs, Saudi Arabia is poised to boost oil production above 9.5 bn bpd to help keep pace with demand.
FULL BEE COMPLIANCE

Mvela takes strategic stake in Coal of Africa

Friday , 13 Jun 2008
One of South Africa’s strongest black economic empowerment players in mining, Mvela, has increased its stake in an ASX, AIM and JSE-listed coal company as it believes it will become a substantial player.
JOINT HEARING NEXT WEEK

Senate bill to increase CFTC authority and regulation on commodities trading

Friday , 13 Jun 2008
Democratic Senate Leaders introduced a bill Thursday aimed at strengthening U.S. commodities trading regulation and enforcement.
‘WORLD’S CHEAPEST SOURCE OF ELECTRICITY’

Coal demand, price, boosts Powder River Basin sales potential

Wednesday , 11 Jun 2008
As demand for high quality Appalachian coal means much of this is now destined for export markets, Wyoming's Powder River Basin producers are set to fill the gap for domestic power station supplies and for possible exports too.
OIL AND GAS CONFERENCE

Oil price likely to hit $150 this summer - Goldman

Monday , 09 Jun 2008
Goldman Sachs’ global head of commodities research says oil prices likely to breach $150 this summer.
INVESTOR HUB: Uranium

TOP STORIES

RUSSIA’S RICHEST MAN FACES LONDON TRIAL

Rusal’s Oleg Deripaska loses battle to stay out of the High Court

Thursday , 03 Jul 2008
High Court’s Lord Clarke grants Mikhail Chernoy UK jurisdiction to pursue his share of Rusal.
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FAST NEWS

FIVE-FOLD INCREASE IN PRODUCTION

Petra expecting boost output to over 1mln carats a year by 2010 

WATCHDOG CAN ONLY BARK

BHP expected to request Japanese anti-trust approval 

HIGHER GLOBAL STEEL PRICES

Ezz Steel's net profit jumps 56% in Q1 

ATTAINING SELF-SUFFICIENCY?

Steelmakers securing raw materials for the future 

INTERNATIONAL STAINLESS STEEL FORUM

Global stainless steel Q1 output falls 6.5 % 

LOOKING AT EFFECTS UNTIL 2015

EU investigates long-term impact of BHP’s bid for Rio 

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