November 20, 2012

Xstrata’s ‘Big Mick’: no stay-on bonus brings ‘unnecessary risks’

Xstrata shareholders rejected the $220 million retention bonus plan by a resounding 78.4%.

November 20, 2012

Mining CFOs more pessimistic than the rest of Canada’s financial officers

A lot gloomier than any other Canadian chief financial officer (CFO) are those executives working for mining companies, reveals industry-specific data published Tuesday by GE Capital as part of its…

November 20, 2012

Glenstrata, the new mining king, is born

In what shouldn’t come as a surprise for those following the recent events related to the touted and long delayed $66 billion merger between diversified miner Xstrata (LON:XTA) and commodity…

November 20, 2012

BHP Billiton looks for new CEO outside mining

BHP Billiton's (NYSE:BHP), the world's largest mining company, has not been successful in its quest to find a suitable successor to Marius Kloppers, as the South African approaches his sixth…

November 20, 2012

Mulsanne Resources liquidated as Tinkler’s business empire buckles under debt

Novocastrian mining tycoon could face insolvent trading charges or personal bankruptcy proceedings over failure to make payment to Blackwood

November 19, 2012

India to auction 54 coal mines

Only three days after India’s auction for the 2G telecom spectrum ended in a fiasco with no bids, the South East Asian country is now talking about selling 54 coal…

November 19, 2012

China’s uranium deposits imperiled by coal mines

Uranium-contaminated coal already a problem in Chinese north-west

November 19, 2012

Mexico’s drug barons make forays into coal mining

Zetas cartel takes stake in Coahuila's coal

November 18, 2012

Rail traffic totals dragged down by miners

But petroleum products are up a whopping 44.1% from last year.

November 17, 2012

About 75 Powder River Basin miners to be laid off

Layoffs due to "ongoing expense management activities"