UK Coal up 13% after swinging into profit
UK Coal (LON:UKC) turned a £124.6 million loss in 2010 into a pre-tax profit of £58 million last year as production and revenue jumped.
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Freeport McMoRan slapped with $6.8 million fine
US copper giant Freeport McMoRan has been ordered to settle claims worth $6.8 million for polluting areas around the Morenci Mine in Arizona.
New WesTech representative for mining equipment in Chile
Beginning May this year, PROJECT SUPPLY Ltd. (PSL)., a complete solution provider focused in the mining industry, will represent the sales of WESTECH mining equipment in Santiago, Chile.
Need a mining job? Head to Ecuador
Ecuador needs at least 300 mining engineers and geologists in the near future to be able to deliver on its recent mining contracts, but only about 40 such professionals graduate annually from six universities that offer those programs, according to the agency that regulates Ecuador’s mining industry.
Beau Sancy stone expected to fetch £2.5 million
One of the world's oldest, rarest, and most coveted diamonds is going up for auction at Sotheby's.
Do you think mining asteroids is economically feasible?
Swing over to our Facebook page and let us know if you think mining asteroids is economically feasible.
China’s moves to stop REE price declines ‘likely to fail’
Rare earth metals consultants TRU Group said on Monday that recent attempts by Chinese suppliers to stem sharp declines in prices since the third quarter of 2011 is "likely to fail."
Cape Breton coal project gaining traction
A past-producing colliery in one of North America's oldest coal mining belts is on its way to resuming production, says a story today in Halifax Media Co-op.
Copper or cannabis? Michigan mine could grow pot for patients
A shuttered mine in Michigan's Upper Peninsula is attracting some unusual publicity, with persistent rumours that the owners are considering growing medical marijuana.
Argentina Outlook Revised To Negative On Greater Uncertainty On Medium-Term Prospects, ‘B’ Unsolicited Ratings Affirmed
Standard & Poor's Ratings
Services revised its outlook on the Republic of Argentina to negative from stable. In addition, we affirmed our 'B' unsolicited long- and short-term ratings and our 'raAA' national scale rating on Argentina. At the same time, we affirmed our 'B' transfer and convertibility assessment on Argentina.
Gold’s the 5% hedge, not a trade: Kevin O’Leary
O’Leary, a long-time gold bull, says he has maintained a 5% allocation to gold for decades.
