July 30, 2014

Rio’s $3.7bn Mozambique coal business fetches $50m

The assets were acquired when it took over Riversdale Mining in 2011.

July 30, 2014

Failure to cut carbon emissions to cost the U.S. $150bn a year: report

The White House document concludes that the cost of mitigating the effects of climate change could rise by as much as 40%.

July 29, 2014

US utilities turn to Colombia, Russia for coal in 2014

Less expensive than burning domestic coal.

July 29, 2014

Aussie miners see more doom and gloom ahead

Survey shows 9 out of ten Australian mining execs see few positives over next 12 months.

July 28, 2014

Australia’s newest and biggest coal mine gets federal approval

The controversial US$15bn Carmichael Coal Mine and Rail Project is being developed by Indian conglomerate Adani Group.

July 27, 2014

Mass grave with hundreds of skeletons found in Bolivian mining town

Hundreds of thousands have died over the years at the city's main silver mine, as a direct result of cave-ins, overwork, hunger and disease.

July 25, 2014

Freeport, Indonesia make peace: copper exports to resume in August

Indonesia's top copper miner hopes next month to ramp up production and restart concentrate shipments from Grasberg, one of the world's largest copper mines.

July 25, 2014

Miners need to overhaul business model to boost productivity: study

Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.

July 24, 2014

Teck Resources’ profit hit by lower coal prices

The price drop overshadowed the miner’s coal sales increase during the quarter, which totalled 6.8 million tonnes, compared with 6.3 million tonnes a year earlier.

July 22, 2014

Itochu, Sumitomo seek to sell Glencore stake

Move comes amid commodity price downturn.