Barclays: Commodity investors’ retreat is turning into a stampede

The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.

MINING.com Editor | June 25, 2012 | 10:33 pm

Caterpillar sales up 11% in 3 months to end of May

Strong demand for Caterpillar Inc.'s (NYSE:CAT) construction and mining equipment in North American continues to offset slow sales elsewhere in the world, as the company reported Wednesday an increase of 11% in global sales in the three months to the end of May.

MINING.com Editor | June 21, 2012 | 4:28 pm

L&L Energy buys majority stake in Chinese coal mine

US-based L&L Energy, Inc. (NASDAQ: LLEN), a company with five-year track record of profitable coal operations in China, announced it has entered into an MOU to acquire the Lashu Mine in HeZhang County, Guizhou Province.

MINING.com Editor | June 18, 2012 | 4:23 pm

Australian clean coal institute ‘squandered’ $300 million, has ‘precious little’ to show

The since departed head of the institute which has staff of 78 was paid in excess of $500,000 per year and the organization racked up more than $54 million in "operational expenses" in the first two years including "conferencing in empire-style Parisian ballrooms" and being entertained by celebrity chefs in Tokyo.

MINING.com Editor | June 17, 2012 | 12:25 am

Indonesia’s new policies force India to cut back on coal power projects

A change in Indonesia’s mineral export rules has pushed up the cost of coal for Indian buyers, who source 70 per cent of their coal imports from the southeast Asian nation, making about 9,000 MW of imported coal-based projects in the country economically unviable.

MINING.com Editor | June 17, 2012 | 12:06 am

Gold traders bullish as ETFs stock up on bullion for the first time in three months

After three months of declines holdings by exchange traded funds rose by just over 21 tonnes or $1 billion since the start of June.

MINING.com Editor | June 15, 2012 | 6:53 pm

Violence erupts at Glencore’s Bolivian mine

It is believed that the violence resulted from Glencore workers trying to forcefully take back control from a rival Bolivian state-based company.

MINING.com Editor | June 15, 2012 | 6:00 pm

Xstrata: Copper fundamentals are strong and ‘should stay that way’

"It's very difficult to foresee what's going to happen to copper prices, but the market remains strong and should stay that way," Sartain said at a press conference in Chile.

MINING.com Editor | June 14, 2012 | 7:40 pm

Myanmar: what investors need to know

American based sanctions removed, over $2 billion invested and host to the South Asian Games.

MINING.com Editor | June 14, 2012 | 7:22 pm

Infographic: The lithium ion battery

Visualcapitalist has crafted an infographic on the Lithium Ion battery and how it will shape the future.

MINING.com Editor | June 13, 2012 | 5:50 pm

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