September 21, 2012

INFOGRAPHIC: The coal boom’s impact on BC

CTV BC has put together a vivid visual summary of the impact of the mining boom on both the economy and environment of British Columbia.

September 21, 2012

Aussie resource sector job cuts continue with Rio’s retrenchments at Clermont

Rio Tinto (ASX:RIO) continues the recent spate of mining sector retrenchments with job cuts at its Clermont thermal coal mine in Australia's north-east.

September 20, 2012

South Africa union fears ‘jobs bloodbath’ after Lonmin precedent

A bad choice of words.

September 20, 2012

BHP ditches another three coal projects

BHP Billiton has added three new names to its growing list of shelved coal mine projects as it defers its Red Hill and Saraji East coal projects.

September 20, 2012

Freeport asked to up Indonesian royalties to 10%

Freeport currently pays 3.5% for mining copper in Indonesia, Southeast Asia’s largest economy, and 1% for gold.

September 20, 2012

Once again Canada leads worldwide mining M&A

Takeovers and mergers in the global mining sector has slowed radically this year as a result of lower commodity prices, but Canadian companies continue leading worldwide mergers and acquisitions.

September 20, 2012

How depressing is Australia’s official 2013 iron ore and coking coal chart

Australia's Bureau of Resources and Energy Economics don't buy recent iron ore and coking coal rallies.

September 19, 2012

Alpha Natural closes eight coal mines, retrenches 1200 workers

Alpha Natural Resources has announced the closure of eight coal mines in Virginia and Pennsylvania as well as the reduction of its workforce by 1,200 heads.

September 19, 2012

China displays continued appetite for Australian minerals with Western Desert bid

China's Meijin Energy Group has launched a USD$457 million bid for Australia's Western Desert Resources (ASX:WDR).

September 18, 2012

Rio Tinto cuts more jobs at coal operations

Mining giant Rio Tinto has announced more job cuts across its coal mines in Queensland as the state raises its royalty rates.