December 21, 2012

Chinese thermal coal imports jump 30% to record high as Beijing ends domestic price caps

After a 32% decline in steam coal prices since January, things are looking up for 2013.

December 21, 2012

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s…

December 21, 2012

HD Mining’s Murray mine boosts B.C. economy

HD Mining, the Vancouver-based company that in early October sparked controversy with its plan to hire 2,000 Chinese miners for its proposed Murray River Project, is one step closer to…

December 21, 2012

Resource nationalism assumes more insidious forms

Tactics shift from frank expropriation of assets to increased royalties and stricter procurement requirements

December 21, 2012

Southern parvenu seizes control of New York Stock Exchange

Metals and energy trader clinches historic deal with NYSE Euronext.

December 20, 2012

A coal factsheet for the future

Here are some of the other startling highlights from the IEA’s Medium-Term Coal Market Report 2012 Factsheet.

December 20, 2012

Despite 2012 commodities slump emerging market demand set to fuel higher, more volatile prices

"In a resource-constrained world, value creation moves towards the owners of resources" is the conclusion of a new report from McKinsey

December 20, 2012

Finally – a definitive online source for malfunctioning mining machinery porn

The Mining Mayhem blog aspires to be the definitive resource for photos in the genre

December 20, 2012

CoalSpur obtains USD$300mn senior debt facility from EIG Global Energy

VIsta Coal Project has potential to become largest export thermal coal mine in North America

December 20, 2012

Chinese coal giant’s goliath mine in Queensland to dwarf regional peers

AUD$5bn development will export four times more coal than the largest mine in Central Queensland at present