October 12, 2012

Australian miners fire locals and import foreigners

While big miners such as BHP (NYSE:BHP), Xstrata (LON:XTA) and Vale (NYSE:VALE) continue to slash jobs across its operations in Australia, some companies are hiring more foreign workers to carry…

October 12, 2012

South Africa: Mining labour unrest comes full circle

The intensity of the current wave of protest echoes the far-reaching Durban strikes in 1973, writes Lisa Steyn.

October 12, 2012

15% of Queensland’s mining jobs to disappear in two years

Analysts say more coal jobs will be axed in the Australian tropical state of Queensland as the beleaguered resources sector continues to weather a barrage of adverse factors.

October 11, 2012

South African gold miners reject wage offer

Striking gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers (NUM) said on Thursday, confirming mining companies’ fears of labour unrest lasting longer than expected.

October 11, 2012

Liberty Coal Energy Corp. announces completion of financing

Liberty Coal announces equity placement of $9,196,500.00

October 11, 2012

Padang Resources Limited (ASX:PXR) completes extensive coal sampling at the Paser Project, East Kalimantan

Extensive sampling completed across 43 ha location

October 10, 2012

Up to 2,000 Chinese miners on their way to British Columbia to fill jobs Canadians can’t do safely

The full time workers follow $1.4 billion in Chinese funding for two coal projects in the northeast of the province because Canadians "just don't have the experience" to operate underground…

October 10, 2012

Xstrata begins coal job cuts in Australia

Xstrata Coal (LON:XTA) began to reduce its workforce across its Australian coal operations by firing its first 40 permanent employees out of the 600 announced cuts.

October 10, 2012

Stronger yuan will cheapen commodities for China: Leeb

Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.

October 10, 2012

Tenders for coal, oil and gas rights trigger the ire of Queensland miners

The Queensland government's decision to auction licenses for oil, coal and gas exploration has triggered widespread complaint within the mining sector of the Australian tropical state.