September 26, 2012

Czech Republic may create artificial sea by flooding mining area

The Czech Republic might soon be creating an artificial sea in northern Bohemia by flooding the massive and partly abandoned brown coal mining pits located in the area with salt…

September 26, 2012

Xstrata closes nickel mine in Australia

Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.

September 26, 2012

South African strikes far from over: AngloGold Ashanti closed

AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32%…

September 26, 2012

Tightened credit puts pressure on Chinese coal importers and global spot prices

Cuts by banks in China to lending to coal traders is set to place further pressure on global prices for the carbon fossil fuel.

September 26, 2012

Tinkler’s debt woes could do harm to Whitehaven shares

The financial and legal difficulties of Nathan Tinkler could damage Whitehaven shares (ASX:WHC) due to expectations that the Australian mining magnate will dump his holdings in the fledgling coal miner.

September 25, 2012

Rio Tinto sells South African coal assets to Canadian company

If you had any doubts over what mining giant Rio Tinto (ASX, LON:RIO) thinks about coal and small operations, today’s news should make it clear. The Anglo-Australian miner has agreed…

September 24, 2012

Rio Tinto coal mining cull claims new victims

Rio Tinto is cutting even more coal mining jobs in Australia as the miner is struggling with a dramatic plunge in coal prices and a high Australian dollar.

September 24, 2012

Chinese reforms anticipate sustained decline in coal prices

Slated reforms to China's pricing system for the carbon fossil fuel indicate that the country's leading decision-makers anticipate a sustained decline in global spot prices.

September 23, 2012

Good news for Cardero’s Peace River coal project

The resource of the Peace River coal project in BC jumped 180% while the percentage of met coal was upped to 60% from 35% before.

September 23, 2012

Australia trade minister: No mining bust, but cutbacks and even new taxes needed

Both Australian trade minister Craig Emerson and treasurer Wayne Swan over the weekend entered the debate over whether the country is facing a period of decline as the country's resource-led…