Sierra Club continues Kemper coal-plant legal battle

Sierra Club officials in Mississippi are continuing a legal fight to stop construction of a $2.88 billion coal-gasification power plant by a Southern Co utility in Kemper County, Mississippi.

Anglo Asian finds gold at Azeri Ordubad mine

Anglo Asian Mining said it had discovered gold at Ordubad mine, boosting its prospects for gold production in Azerbaijan, where it plans to increase production to over 300,000 ounces of the precious metal per year by 2015.

Glencore takeover of Viterra may close in July

A takeover of Canada's biggest grain handler, Viterra Inc, by Glencore International PLC , should close by the end of July if it receives the required approvals, Viterra said on Monday.

Peru's Humala says Newmont mine project needs work

Peruvian President Ollanta Humala said on Friday that U.S.-based Newmont Mining should carry out a more ambitious environmental mitigation plan if it hopes to build its $4.8 billion Conga gold mine project.

Mongolia's 'ninja' miners help sate China's lust for gold

In a hot, concrete hut filled with acetylene fumes, an elderly Mongolian miner struggles to contain her excitement as she plucks a sizzling inch-long nugget of gold from a grubby cooling pot and raises it to the light.

United States as a top coal exporter is here to stay

The United States’ new status as a top world coal exporter will survive as miners struggle to stay in business by chasing foreign sales after the collapse of a domestic market decimated by a glut of cheap gas.

China to launch crude oil futures this year: Xinhua

China is expected to begin trading in crude oil futures within the year, a senior government official said on Wednesday, as the world's second-largest oil consumer and crude buyer aims to increase its say in oil pricing.

HudBay eyes further growth in Peru

Base metals miner HudBay Minerals is looking at expanding its asset base in Peru as it seeks to create a new hub that replicates the successes enjoyed at its mines in the Canadian province of Manitoba, the company's top executive says.

Caterpillar's big bet on the US economy

It hasn't been long since Caterpillar Inc looked like the typical resident of the Rust Belt. Having misjudged how deep the U.S. economy would decline, the world's largest maker of construction machinery reduced its workforce by 33,000 people worldwide in 2009, closed plants and posted lower profits.

Race on to dig more zinc mines even as glut persists

Zinc miners are betting a long-running global supply glut of the metal used in steel making will turn into a deficit over the next five years as old mines run dry, sparking massive investment in new projects.

Nine trapped in collapsed wildcat mine in Peru

Nine workers trapped inside a wildcat mine in southern Peru received oxygen and liquids through a giant hose on Saturday while a rescue team toiled to get them out, officials said.

Global warming close to becoming irreversible

LONDON (Reuters) - The world is close to reaching tipping points that will make it irreversibly hotter, making this decade critical in efforts to contain global warming, scientists warned on Monday.

B2Gold profit up on higher gold prices

Canadian miner B2Gold Corp reported a 68 percent rise in fourth-quarter adjusted profit, helped by increased output and higher gold prices.

Gold drops more in late trade

Spot gold prices retreated from two-week highs on Tuesday after being repulsed by the $1,700 per ounce level. Losses continued in New York trade after hours on the back of the March options expiry where bullion was last trading at $1,683 an ounce .

China Development Bank has $1 trillion to lend: Its investment arm is 'very actively seeking' nickel assets

Chinese firms have been snapping up copper, uranium, iron ore and coking coal assets around the world, but have yet to make a big splash in nickel.

Talks under way to end lockout at Rio Quebec smelter

Talks are under way to end a three-month lockout of workers at Rio Tinto Alcan's giant Alma aluminum smelter in northern Quebec as the two sides have been summoned to the negotiating table.

Tiffany predicts upbeat 2012 on emerging-market strengths

Tiffany & Co forecast higher sales for 2012, helped by further expansion in Asia and the Americas, and the high-end jeweler said that after a bumpy holiday season, business so far this year was on […]

World’s largest aluminum producer takes $1.4 billion writedown

HONG KONG/MOSCOW - RUSAL, the world’s top aluminium maker, took a $1.4 US billion hit in its 2011 financials on Monday on the value of its stake in Norilsk Nickel, whose fate is at the […]

Australian iron ore shipping activity resumes after cyclone

Shipping operations at Australia's Port Hedland have resumed after a tropical cyclone that passed through the Pilbara iron ore belt weakened to below cyclone intensity and moved inland on Sunday.

European giant Glencore eyeing Canada’s Viterra

Glencore (GLEN.L) is one of a handful of parties eyeing a potential bid for Viterra (VT.TO), Canada's largest grain handler, as the diversified trading house looks to boost its agricultural presence, a Swiss-based industry source said on Monday.

Miner dies at Alpha mine in West Virginia

A coal miner was fatally injured in an Alpha Natural Resources Inc mine in West Virginia over the weekend, the company said on Monday.

Poland blocks EU efforts on carbon limits

Coal-reliant Poland on Friday vetoed European Union efforts to move further towards a low carbon economy, pitting itself against the rest of the 27-member bloc.

Indonesia rule change rattles foreign mine owners

Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.

Vale to begin building coal terminal in Mozambique

Mozambique's Prime Minister Aires Aly said in Tokyo on Thursday his nation plans to start construction of a coal terminal at the northern port of Nacala in the next few months, aiming for it to be operational in two to three years.

Fool's Gold? Pakistan mine rift exposes investor risk

Pakistan's Reko Diq, an untapped copper and gold mine of fabulous potential, was meant to be the biggest foreign investment in the country's mining sector, but it's beginning to look more like fool's gold to the companies involved.