November 1, 2012

Striking South African coal miners killed at Canadian mine

South African police fired tear gas on Thursday to disperse a group of striking coal miners a day after security guards killed two workers that had tried to break into…

November 1, 2012

Investors jump back into Nautilus after CEO departure

Nautilus Minerals shot up 8.5% in heavy volumes on Wednesday as investors anticipate a new direction for the embattled company following the departure of long-time CEO Stephen Rogers.

November 1, 2012

Anglo Platinum miners say they won’t return to work

Thousands of dismissed workers at Anglo American Platinum Ltd.’s (Amplats) mine in Rustenburg have still not accepted an offer to reinstate them, the world's largest producer of the metal said…

November 1, 2012

Pascua-Lama costs and challenges take shine off Barrick Gold earnings

Cost burdens continue to upset Barrick Gold Corp. (NYSE, TSX: ABX), as the globe's top gold miner hiked Thursday its cash cost guidance for 2012 and warned that costs at…

November 1, 2012

Australia’s mining workforce up 65% over five year period

69,667 more Australians joined the mining industry from 2006 - 2011

October 31, 2012

BHP introduces robot fleet in Pilbara

BHP will in time set up similar facilities for its Queensland coal mines and at its Escondida copper mine in Chile.

October 31, 2012

$16 trillion of platinum could be extracted from seawater

Space mining start-up Planetary Resources President, Chris Lewicki, made more than one eyebrow rise Wednesday as he wrote in his blog that there are about $16 trillion worth of platinum…

October 31, 2012

Canada’s economy drops as mining and oil plunge

Canada’s economy shrank 0.1% in August, the first drop in six months, driven mainly by depressed manufacturing and energy sectors, Statistics Canada said Wednesday.

October 31, 2012

EU delays Glencore-Xstrata merger verdict

The European Commission said Wednesday it is delaying the deadline to emit a verdict on Glencore International PLC's $70 billion merger proposal with Xstrata (LON:XTA) after Glencore (LON:GLENA) made concessions…

October 31, 2012

Leading Chinese economist says China should lower GDP target to 7%

An economic researcher from the Chinese Academy of Social Sciences says China must give up the breakneck growth rate it's maintained since the turn of the century