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US coal exports set monthly record in March

Posted on June 19, 2013

Thanks to increased Asian demand for the commodity.

Brazil’s president unveils new mining law

Posted on June 19, 2013

Reforms include proposal to potentially double mining royalties to 4%.

Earthquake in Siberia brings coal mining to a standstill

Posted on June 19, 2013

According to the US Geological Service it was a 5.3-maginitude quake.

Chilean miners the best paid in South America, sixth highest in the world

Posted on June 18, 2013

The average annual salary is about $97,500, not so far from the global average of about $98,700.

Chile’s Codelco to extend El Salvador copper mine’s life by 20 years

Posted on June 18, 2013

Considered key for Codelco's future.

Buyer of world record $11 million, 75-carat diamond finally revealed

Posted on June 18, 2013

Tiffany Chen, co chairman of China Star Entertainment Limited, named the gem "The China Star Diamond."

Rio Tinto very close to selling Iron Ore of Canada: report

Posted on June 18, 2013

China Minmetals Corp confirmed Tuesday it is considering a bid.

Fresh protests threaten Newmont Conga mine in Peru

Posted on June 18, 2013

The new round of demonstrations come after a top official for the Conga project, CEO Roque Benavides of Buenaventura, said water from one of the main water sources for locals, would be transferred to a reservoir later this year.

John Paulson bets on housing recovery, not gold

Posted on June 17, 2013

The billionaire hedge fund manager has been scoring big gains recently by going long on mortgage insurers.

BHP bribery accusations not fully investigated: report

Posted on June 17, 2013

Official documents reveal neither the Australian Federal Police nor the Australian Securities and Investments Commission did enough to investigate the 2008 Beijing Olympics-related claims against BHP.

Coal India to invest $4 billion in two Aussie assets

Posted on June 17, 2013

Increasing demand from its domestic market, especially power producers, is pushing Coal of India to seek more overseas mines.

Mexico shuts down more than 20 coal pits due to child labour probe

Posted on June 17, 2013

Particularly in the state of Coahuila, which holds 80% of the country’s coal deposits.

Codelco could take over from Kinross in Ecuador

Posted on June 17, 2013

The world’s largest copper producer may be the chosen company to run the Fruta del Norte project, the largest gold deposit in Ecuador, when the concession for the Canadian miner expires August 1.

Mexican Tycoon Carlos Slim's largest gold mine shuts down

Posted on June 14, 2013

As a result of an ongoing conflict between two rival unions.

4,000 strike at Anglo American Platinum mine once again

Posted on June 14, 2013

At least 2,400 workers were being held down in the mine by their own colleagues.

World No. 3 copper mine Collahuasi and workers settle differences

Posted on June 14, 2013

Company has been seeking to turn the corner after a tough 2012.

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Posted on June 14, 2013

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

Mitsubishi puts Australian iron ore project on hold

Posted on June 14, 2013

It failed to find an investment partner.

‘Million carats’ could be retrieved from diamond dump in Botswana

Posted on June 13, 2013

New modular tailings treatment project would allow to recover around 18 million carats over 20 years.

FUN BREAK: Homemade solid gold iPod watch

Posted on June 13, 2013

Made from a 6th generation iPod Nano and 18-karat gold, at a cost of $2,500

12 barrels of oil leak from Kinder Morgan's pipeline, forces emergency shut down

Posted on June 13, 2013

Near the town of Merritt in southwestern British Columbia.

Access to capital the top current challenge for the mining sector: Ernst & Young

Posted on June 13, 2013

The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.

Peru’s mining conflicts made country’s total social issues climb to 225 in May

Posted on June 13, 2013

Peru's ombudsman office warned about the renewed unrest in the Cajamarca region, where Newmont has its now halted $4.8 billion gold-copper Conga project.

Rio Tinto not shipping copper from Oyu Tolgoi any time soon: report

Posted on June 13, 2013

The market is closely watching the opening of Oyu Tolgoi, as fears about copper supply for the rest of 2013 continue to increase, affecting the red metal's price.

Copper soars after Freeport McMoRan declares force majeure on Grasberg mine

Posted on June 12, 2013

Measure seeks to avoid liability on existing orders after production was suspended due to an accident.

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