Latest news from mining equipment manufacturer, Bucyrus International, Inc. http://www.bucyrus.com en-us ©2009 Bucyrus International, Inc. All rights reserved. http://www.bucyrus.com/rssfeed/bucyrus.xml http://www.bucyrus.com/rssfeed/images/BI_Logo.gif 102 62 Latest news from mining equipment manufacturer, Bucyrus International, Inc. Even though commodity prices may be a little weaker at the moment this doesn’t mean the bull market is over according to analysts at The Reuters Investment Summit. http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=94381&sn=Detail http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=94381&sn=Detail Australia’s export earnings from resources dropped 2 per cent in the September quarter on the back of the rising Australian dollar, but export volumes for iron ore and coal reached record levels. http://www.theaustralian.com.au/business/mining-energy/coal-iron-ore-volumes-reach-record-highs-as-export-earnings-drop/story-e6frg9df-1225808980832 http://www.theaustralian.com.au/business/mining-energy/coal-iron-ore-volumes-reach-record-highs-as-export-earnings-drop/story-e6frg9df-1225808980832 BHP Billiton says the massive steel blast furnaces China is building are expected to stretch the Asian giant’s coking coal output and force it to continue recent imports of Queensland’s top-quality coking coal. http://www.theaustralian.com.au/bhp-ready-to-fuel-china/story-e6frg8zx-1225808812327 http://www.theaustralian.com.au/bhp-ready-to-fuel-china/story-e6frg8zx-1225808812327 Bharat Coking Coal Ltd., a unit of India’s biggest coal producer, said it aims to increase production by almost 8 percent in the next financial year to meet demand for the steelmaking raw material. http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aON_jrL9Cm0E http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aON_jrL9Cm0E Mining group Xstrata, which recently scrapped an attempt to merge with rival Anglo American to cap a series of takeovers made in recent years, now plans to shift its expansion focus to developing new mines, it said on Tuesday. http://www.reuters.com/article/idUSTRE5B73EH20091208 http://www.reuters.com/article/idUSTRE5B73EH20091208 Ivanhoe Mines’ President and CEO John Macken announced today that the joint Ivanhoe Mines-Rio Tinto Oyu Tolgoi Technical Committee has approved a conditional US$758 million budget for 2010 to begin full-scale construction. http://finance.yahoo.com/news/Ivanhoe-Mines-Announces-iw-3270297356.html?x=0&.v=1 http://finance.yahoo.com/news/Ivanhoe-Mines-Announces-iw-3270297356.html?x=0&.v=1