June 24, 2012

Doubts on Xstrata’s involvement

MINING industry-owned Wiggins Island Coal Export Terminal has selected four miners for its second-stage expansion.

June 24, 2012

BHP Billiton provides $1b silver lining

The flagging fortunes of Australia's manufacturing industry have meant the Illawarra region has had a pretty rough trot over the past couple of years. Front and centre was the decision…

June 24, 2012

Coal export terminals would bring jobs, execs say

There's no doubt global energy companies and railroads see profits if Washington and Oregon welcome coal exports. But coal backers say they'll bring large-scale benefits, including thousands of construction and…

June 24, 2012

Smaller coal miners operate below cost

As many as 10 percent of Indonesian coal producers are operating mines below cost after prices for the commodity slumped amid weaker Asian demand, according to Australia & New Zealand…

June 24, 2012

Coal losing U.S. power struggle

America is shoveling coal to the sidelines. The fuel that powered the United States from the industrial revolution into the iPhone era is being pushed aside as utilities switch to…

June 24, 2012

Larry Webster: Circling the wagons for coal

It was a beautiful California-ish June day at the mouth of Poor Farm Holler. For those of you don't know where Poor Farm Holler is, it is the next one…

June 22, 2012

Fortescue takes the Federal Government to court

Fortescue Metals has lodged a challenge in the High Court of Australia against the Federal Government's Minerals Resource Rent Tax on constitutional grounds.

June 22, 2012

Colombia goes ‘all in’ setting aside 17.6 million hectares for mining

The lands will be open for mining licenses, but a majority of them are in protected zones, so officials would have to carefully pick specific regions to auction.

June 22, 2012

Arch Coal lays off 750 workers due to ‘unprecedented downturn’

Arch Coal (NYSE:ACI), the second largest supplier of coal in the USA, is laying off 750 full-time workers at its Appalachia mining operations after owners said that demand had reached…

June 21, 2012

Iron ore hits 5-week high as China continues to forge steel near record pace

The performance of iron ore is in stark contrast to other commodities including copper which has shed 4% over the last two days and crude oil which touched a 52-week…