November 6, 2012

Damning report blames Pike River ‘horror story’ on failings by all sides

The Royal Commission's report on New Zealand's Pike River disaster has castigated all parties involved for egregious oversights and failings occasioning what some commentators have referred to as a mining…

November 6, 2012

Australian miners take battle against tax to High Court

The Australian resources sector has taken its battle against the Gillard government's contentious new mining tax to the nation's High Court.

November 5, 2012

New support for Glencore-Xstrata deal

Institutional advisor ISS now says tie-up is a good thing for Xstrata, but they still don't like the $200 million retention package.

November 5, 2012

Mining’s new age of austerity will hurt consumers

Shareholders will celebrate as lower supply boosts prices and profits, but consumers of metal and minerals will be hard hit.

November 5, 2012

B.C. unions go to court over Chinese miners

Two major unions of the Canadian province of British Columbia have applied to have the Federal Court overturn a decision to allow about 200 foreign workers work at HD Mining…

November 5, 2012

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

November 4, 2012

Australia’s Greens call for $26bn in mining tax revenue over next four years

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to…

November 3, 2012

Conservatives and vested interests oppose reform of China’s state-owned enterprises

Powerful forces within China's political system seek to thwart urgently needed reforms to the country's state-owned enterprises

November 3, 2012

Mining boom’s second wind to arrive in 2020

The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.

November 2, 2012

NUM calls on mineral resources department to suspend Forbes Coal’s mining permit

The National Union of Mineworkers (NUM) in KwaZulu-Natal has called on the Department of Mineral Resources to suspend Forbes & Manhattan Coal's mining license.