Queensland scraps coal terminal expansion: report

BHP exec: China demand for iron ore flattening

China's demand for iron ore is "flattening out", a senior executive at BHP Billiton Ltd. said Tuesday.

Anglo Pacific carves out niche in mining sector

U.K.-listed Anglo Pacific PLC (APF.LN ) is a rare breed for a mining sector-focused company. It's primary business isn't running a mine or owning a deposit, but securing royalties from a mine's revenue stream and in turn providing long-term, secure revenue streams for its shareholders.

BHP Billiton: Queensland coal rail-line on track

BHP Billiton Ltd. BHP -0.59% is pushing ahead with plans for a dedicated rail line linking one of its mines in eastern Australia and the country's most northerly coal port.

Walter Energy lowers 4Q view

Walter Energy Inc. tempered its fourth-quarter earnings guidance and lowered its estimate of output for the year, pointing to production problems in Alabama and weak results from some new startup projects.

London Mining starts Sierra Leone ore output

U.K.-listed London Mining PLC said Friday it has started production of high grade iron ore from its Sierra Leone Marampa project and expects to ship its first iron ore later this month.

Anglo American not planning more buyouts: report

Anglo American PLC , which last week bought the Oppenheimer family out of diamond producer De Beers, will not look to buy out minority shareholders in its other African mining operations, The Sunday Times reports, citing the company's chief executive officer.

Peru seen reversing falling copper output

China’s power shortages to run through winter

Acute power shortages will continue in parts of China in the upcoming winter and spring seasons, particularly in the southern and central regions where most of the country’s hydropower power stations are located, an energy official told a press conference Saturday.

Slide Show Scenes from the secret life of diamonds 2.

Cecil John Rhodes: Founder of the mining group De Beers; advocate for British colonialism; founder of the state of what is now modern-day Zimbabwe; and largely credited with establishing the diamond industry. At one point, De Beers controlled 90% of the

Arch Coal hit, Kodak edges up in after-hours trade

Shares of Arch Coal Inc. dropped Friday evening after the company cut its yearly earnings forecast, while Eastman Kodak Co. shares edged higher, but remained under a $1 each, following a plunge during the regular trading session.

Canadian stocks gain on metals and mining rally

SAN FRANCISCO (MarketWatch) -- Canadian stocks climbed 2.4% in midday trading on Tuesday, led by strength in metals and mining shares as world markets gained on optimism for more decisive action in the euro-zone debt crisis. The benchmark S&P/TSX

Copper, coal: crystal balls for the global economy

Copper, coal and other industrial commodities can be great tools for predicting economic prospects and right now they’re offering a gloomy outlook, but a closer analysis shows a glimmer of hope as the world struggles to avoid recession.

BHP's China sales jump, but weaker growth a risk

China's position as the world's economic engine is being reinforced as expectations for growth in developed markets wane, but so is the risk a decline in its appetite for metals and minerals may mean the Asian giant won't offset any Western slowdown.

Canadian stocks rise; Goldcorp rallies 6 pct

Canada's main stock index gained nearly 1% Tuesday, recovering the prior session's losses, as gold mining stocks rallied alongside a surge in gold futures.

Gold vs. platinum

Platinum prices have comfortably traded much higher than gold for the bulk of the last 20 years or so, but that relationship is starting to change and may signal a new order of value in the precious metals.

Asia awaits India rate decision in week ahead

An Indian interest-rate decision and a possible legislative battle in Australia are among events that may impact Asian markets next week. The Reserve Bank of India is slated to hand-down its mid-quarter policy decision on Friday.

There’s gold and then there’s gold shares

The Hulbert Gold Newsletter Sentiment Index, which measures the average recommended gold market exposure among a subset of the shortest-term gold market timers tracked by the Hulbert Financial Digest, stands at 40.3%. In late July, when an ounce of gold was trading for nearly $300 less, the HGNSI stood at 67%.

Peruvian copper miners to hold 2-day strike

Union workers at Peruvian copper producer Sociedad Minera Cerro Verde said late Friday that they plan to hold a two-day strike starting Sept. 7 to seek a salary increase.

China diversifying iron-ore sourcing: report

By Chuin-Wei Yap BEIJING -(MarketWatch)- Iron ore imports from sources outside China's four largest suppliers accounted for about a fifth of total ore imports in the first half of 2011, up 4% compared with the same period last year--challenging Australia

Seoul stocks plunge to lead Asian tumble

The South Korean market led the way for hefty stock losses in Asia Friday, as risk appetite evaporated on a fresh wave of concerns about global growth, with shipbuilders, exporters and financials among the hardest hit.

Another coal miner dies in W. Va.

A miner died in an accident at Mingo Logan Coal Co.'s Mountaineer II facility in West Virginia Monday, reports the Charleston Gazette. The West Virginia Office of Miners' Health, Safety and Training confirmed the fatality.

How low will stocks go?

Up 500 points one day, down 500 the next. That’s the way the market is these days.

How to sell your old gold

Does the high price of gold have you thinking about selling your old jewelry? MarketWatch Radio's Adrienne Mitchell got some tips on how not to get taken from Sheila Adkins of the Better Business Bureau.

Time for platinum to join precious-metals club

Move over gold and silver, it's time for platinum to start getting the attention it deserves as a precious metal.