Supply growth has been plagued by problems with existing operations and delays with new mine production.
It takes at least five years, sometimes a decade, to bring on a new mine.
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Still misunderstood, capital spending for coal operators goes mainly for maintenance, not new mine capacity.
According to Gold Fields Mineral Services, a consultancy, official sales rose last year to 412 tonnes, equivalent to one-sixth of new mine output.
He cited one study that Canada alone needs an estimated 100, 000 new mine workers in the coming years, including 60, 000 to replace retiring ones.
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Opponents say the new mine, which will consist of an open pit, tunnels beneath, and processing plant, will destroy the forest and contaminate groundwater.
In 2000 Motsepe forged into platinum, in a 50-50 venture with South Africa's Anglo Platinum, the world's largest producer, to develop a new mine called Modikwa.
Back in 1998, when the firm opened a new mine called Yandicoogina, planners expected a slow expansion in output to 15m tonnes a year in the remote future.
Gerwyn Williams told BBC Wales' Week In Week Out programme he was confident the new mine was viable, adding it could herald the opening of four further pits by his company across south Wales.
The World Steel Association, a steelmakers' group, predicted early this month that the iron-ore market should stay balanced this year before moving into progressive surplus between 2014 and 2017 as new mine capacity comes on stream.
The coal industry is a good example of how managements get carried away in the up cycle, committing serious money to new mine development and buying sizable coal operators at premium prices, further leveraging their capital structure.
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For product strategists, this new gold mine of information means opportunities to create new experiences based on location-aware services.
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No new deep mine has opened in south Wales since Betws colliery near Ammanford in 1974.
While this is a large amount of money, these costs are perhaps one third less than the price of a new Canadian mine.
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But building a new coal mine and the accompanying infrastructure can take years, says Virach Makaranithiroj, director of investor relations for Banpu, a Thai energy company.
And the other day, this new friend of mine said something to me.
That will require Whitacre to mine new growth from all he has assembled--even as he mulls pursuing one last big deal.
The more mining takes place, the harder it becomes to mine new Bitcoins and the more power is required for the process.
At the center is an explosive opportunity to find and mine new customers and communities that companies can tap into by way of APIs.
Fears are growing for two Britons among the 29 men missing after an explosion in a New Zealand coal mine, as rescuers remain unable to enter.
He apologizes for using an obscenity, and proceeds to talk, in a serious tone now, about providing his extended family member with new tires like mine.
In the last year alone, 29 people died in a New Zealand coal mine, 11 on a Gulf oil rig and 27 in a Mexican pipeline explosion.
Walt Disney Imagineer Chris Beatty talks about the magic mirror and the new Seven Dwarfs Mine Train roller coaster, which opens in 2014, in this exclusive video interview.
The new Pueblo Viejo mine in the Dominican Republic went into commercial production in January, with a ramp-up to full output expected in the second half of 2013.
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SumAll is a new favorite of mine.
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Palladium capacity worldwide is likewise expected to increase an additional 16, 000 kg in Russia, 14, 000 kg in South Africa, 4, 000 kg in Zimbabwe, and 1, 000 kg in Canada if new or expanded mine and associated processing capacity comes into production as planned.
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Luckily, some are already on the books, thanks to the Mine Improvement and New Emergency Response Act, an outgrowth of the Sago Mine accident in West Virginia in January 2006.
With earnings down year over year despite growth of nearly 7% in circulation revenues, the Times, under new CEO Mark Thompson, is also looking to mine revenues from several new sources.
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Petrobras is one of the few investor friendly foreign oil firms sitting on a gold mine of new oil discoveries.
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As I downloaded my e-mails at 5:00 am in Beijing on Tuesday, I noticed that a friend of mine from New York City had asked if he could speak to me that morning.
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