June 29, 2012

Opposition victory in Mongolia vote promises greater share of mining profits for citizens

The opposition Democratic Party declared victory in yesterday’s parliamentary elections over Mongolia’s ruling party in a highly disputed election that focused on how to better share profits from a conflict-ridden…

June 29, 2012

Last coal train marks end of 250 years of Saarland mining

The last ten wagons of around 1,000 tonnes of coal trundled out of the Duhamel shaft, marking the end of a 250-year history of mining in the region.

June 28, 2012

Environmental coordinators make $96,000 per year: Canadian wage survey round up for miners

An insight into the salaries of technical, managerial and administrative folk who work on Canadian Mines.

June 28, 2012

Obamacare ruling means little known black lung provision survives

The dramatic announcement that the president's signature achievement, the Affordable Health Care Act, is constitutional also means that benefits for black lung victims will stay put.

June 27, 2012

Glencore ‘ready to pull’ Xstrata merger

While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.

June 27, 2012

2012 survey of Canadian mine wages

Fifty-six mines across Canada provided data on wages paid in 2011.  Thirty-four are union mines; and twenty-two non-union.  Forty-five reported increased wages while eleven made no changes.  None decreased wages. 

June 27, 2012

Surprisingly upbeat outlook from Peabody ignites US coal stocks

The US coal industry bellwether – leading a surge in coal counters on Wednesday – sees accelerating China coal imports and signs of stabilizing US coal supply-demand fundamentals.

June 27, 2012

Peabody Energy analyst and investor forum focuses on global markets, Peabody positioning and value creation

Energy analyst and investor forum focuses on global markets, Peabody positioning and value creation

June 27, 2012

Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.

June 26, 2012

Bashed billionaires: Lakshmi Mittal is mining’s biggest loser

Firstpost reports after a 5% salary increase Lakshmi Mittal took home $1.74 million last year working as the CEO of ArcelorMittal. The […]