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 […]
June 26, 2012 Glencore-Xstrata deal ‘on the verge of collapse’ after Qatar withdraws support Qatar's about-turn means that more than 25% of shareholders eligible to vote at the 12 July meeting are now against the deal’s current terms.
June 26, 2012 Mongolian coal mining stops, drops and … Mongolian Mining Corp hit a record low today as investors looked at the likelihood of more restrictive investment policies to be implemented after Mongolia's parliamentary elections this week.
June 25, 2012 Teck receives regulatory approval for renewal of share buy-back program Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer…
June 25, 2012 Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.
June 25, 2012 Barclays: Commodity investors’ retreat is turning into a stampede The speed and extent of recent commodity price falls suggest market participants are anticipating a severe deterioration in the macroeconomic outlook.
June 25, 2012 Glencore, Lexshell consortium owns 71% of Optimum Coal A consortium comprising commodities trader Glencore and South African businessperson Cyril Ramaphosa’s Lexshell 849 has increased its shareholding in black economic-empowered Optimum Coal to just over 70%.
June 25, 2012 Coal prices sink again as Chinese storage yards near capacity Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.
June 25, 2012 Rio Tinto makes first coal shipment from Mozambique Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port…
June 24, 2012 Mapping coal port expansion in the Pacific Northwest The Columbian, a newspaper out of Vancouver, WA, put together a handy map showing proposed development plans for six coal terminals in Oregon and Washington, the status of each along…
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