GLG News by Mining Equipment Experts

india is the third largest supplier of iron ore to china,the denmand of iron ore is more and more in future and also proved from the data of exports.the duty is imposed to regulate the chain of   relaible suppliers to china.this duty is to benefitial for the indian goverment coz...

    The Canadian Pacific and its acquisition of the Dakota Minnesota & Eastern (DM&E) along with potential build-out to the Powder River Basin Joint Line are discussed below.

    The proposals in Congress for a reduction in carbon dioxide (CO2) emissions include what is called a “Cap and Trade” program. Under a Cap and Trade program, the amount of annual CO2 emissions would be capped and an entity would have to have a CO2 allowance for each ton (or metric...

the world's biggest mining company, said it would seek to grow aggressively in India where volume growth is out ,BHP, which posted a jump in full-year profit earlier this week on strong minerals sales, and earmarked $20 billion (9.98 billion pounds) for new projects, said there were untapped opportunities...

    Joy Global in its earnings announcement claims the following: “Although the long-term outlook remains positive, U.S. coal continues to exhibit short-term softness. This is primarily the result of weakening demand for electricity, and compounded by the generator's increased burn...

    The Surface Transportation Board (STB) recently issued proposed rulemaking to move from a Discounted Cash Flow (DCF) methodology to a Capital Asset Pricing Model (CAPM) for determining revenue adequacy. Revenue adequacy is the determinant in rate cases brought by shippers--especially...

    Coal plants produce byproducts that have a beneficial use to society. The installation of air pollution controls (APC) may affect this mix of coal combustion byproducts.

    According to the Forbes article, UBS upgraded shares of Massey Energy to “Buy” from “Neutral”.  The commentary section describes the current market condition that may affect Massey.  At the moment, it is still a mixed picture.

    The Mountaintop Removal issue has been an ongoing issue for years for Appalachian surface mines.  It has been used successfully by interveners to delay, suspend, or block surface mining activities at Appalachian Mines.       The...

The attached discussion states Bank of America cut its target prices for U.S. coal equities on August 22, 2007. (Yes, not until August 22!!!!).  B of A cites coal production and inventory levels for its view. The commentary section discusses current coal production and inventory numbers...