May 16, 2014

Iron ore price crashes to $100 on China steel crisis

Iron ore price gives up 2% on Friday falling to a 21-month low as Chinese steel price drops to record low.

May 16, 2014

Vale fires 500 coal miners in Australia, shuts down operations

Vale says mines are not economically feasible under current market conditions.

May 15, 2014

Anti-coal group sues B.C. government over Texada project

An environmental advocacy group has launched a lawsuit against British Columbia’s Ministry of Energy and Mines and Texada Quarries, challenging the legality of the ministry’s recent approval of a coal…

May 15, 2014

Mining deals in Canada plunge 51%, but light at end of tunnel getting brighter

Canadian mining and metals deals plunged 51% in terms of value and 13% when it comes to volume in the first quarter of 2014. Yet results show a sustained improvement,…

May 15, 2014

Turkey mine explosion: Grief, anger, violence mount as death toll climbs

Attempts to rescue trapped miners after a fire in a Turkish mine continue Thursday morning after a break of four hours. So far there are at least 282 people dead…

May 14, 2014

China burning and consuming most of the world’s coal

It accounts for 46% of the coal produced globally and consumes as much per year as s the rest of the world combined.

May 14, 2014

Australian government eliminates mining tax

The announcement was part of the Federal Budget unveiled Tuesday night, considered the toughest in almost two decades.

May 14, 2014

Turkey mine explosion: Over 230 dead, smoke hindering rescue efforts

Fire is still blazing inside the mine, 18 hours after the blast, and hundreds remain trapped underground.

May 13, 2014

Former Aussie coal magnate stages major comeback with $150m acquisition

Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.

May 13, 2014

20 dead and hundreds trapped after explosion in Turkish coal mine

The accident was triggered by an explosion in a power distribution unit, which caused the mine's elevator to stop working.