July 25, 2012 Miners buying existing projects rather than starting their own: study Escalating costs and economic instability may be the two main reasons why mining companies worldwide are acquiring existing projects instead of starting their own, shows the latest report from global…
July 24, 2012 Anglo American agrees to acquire majority interest in Revuboè metallurgical coal project in Mozambique Anglo has agreed to acquire a 58.9% interest in the Mozambique-based Revuboè coal project. The Revuboè project is currently a joint venture that includes Nippon Steel Corporation, and POSCO.
July 23, 2012 China’s met coal imports surged 175% in H1 2012 During the first half of 2012, China imported a total of 140 million tonnes of thermal coal which was 66% higher, boosted by an increase in coking coal imports of…
July 22, 2012 Calls for fundamental reform of Australian mining tax One of Australia's leading intellectuals and a former adviser to the country's incumbent Labor Party has called for far-reaching reforms to the resource giant's mining tax and GST.
July 22, 2012 Nova Scotia pro-mining incentives called ‘aggressive’ In an effort to stimulate mining exploration in the Canadian province of Nova Scotia, the local government has started offering grants of up to $100,000 to mineral prospectors and exploration…
July 22, 2012 Kenya’s $100 million coal mining in danger The future of a planned coal mining in the Kitui County in Kenya, worth more than $100 million (Sh$8.5 billion), hangs in the balance following opposition by local leaders and…
July 21, 2012 No signs of the mining boom ending for Australia any time soon: studies There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an…
July 20, 2012 CoAL will need more capital to get Makhado project running, analyst says Coal of Africa (CoAL) will require more capital to fund its Makhado coking coal project in South Africa’s Limpopo province, even after securing around $60 million of new debt and…
July 20, 2012 Has Peabody Energy become the perfect stock? But Peabody has a big advantage over rivals Arch Coal (NYSE: ACI ) and Alpha Natural Resources (NYSE: ANR ) : it's profitable and should stay that way well into…
July 20, 2012 Colombian coal miners’ strike risks Glencore operation Following a series of recent protests and other problems affecting mining companies with operations in Colombia, coal workers for the local unit of Glencore International went on strike late Thursday,…
Northern Star climbs to record high as first-half profit surges 49% The gold miner reported underlying net profit after tax of A$759.8 million ($541 million) for the half year ended December 31. February 11, 2026 | 03:33 pm