June 14, 2012

Argentina mine exports grind to a halt on foreign exchange rules

Argentina's mining exports have virtually ground to a halt and companies are stockpiling gold, copper and other minerals due to foreign exchange rules that are impossible to comply with, a…

June 13, 2012

Coal’s good year and uranium’s worst year

Last year coal was the the only fossil fuel to record above average worldwide growth at 5.4%, while nuclear power consumption was off 4.3%, the largest decline on record, said…

June 13, 2012

Shares jump as Australian billionaire moves to take over Whitehaven Coal

Nathan Tinkler had been widely expected to sell down his 21% stake in Whitehaven Coal, but is instead looking to taking over the business.

June 12, 2012

Great Barrier Reef coal mine turning into Australia’s Keystone XL

Greenpeace takes out ads saying investing in the mega-mine is "risky business" and calls into question the ability of India's GVK to pull off the project as the group "has…

June 12, 2012

Dr Kloppers took home $15 million last year. How is the sypercycle turning out for you?

The 49-year-old boss of the world's largest mining company took home £9.8 million ($15.2 million) last year including bonuses, pension contributions and stock options.

June 11, 2012

Black hole: US coal stocks now down over 60% in 2012 as thermal price hits 2-year low

Coal executives believe that as much as 10% of the production serving the seaborne market could be losing money at current prices.

June 11, 2012

Thohir plans coal-fired future for Indonesia

Coal exports are one of Indonesia’s biggest foreign-exchange earners. So it seems counterproductive for Jakarta to be considering export restrictions and increased royalties for coal, as part of a sweeping…

June 11, 2012

EPA’s Lisa Jackson: News sources rural folk rely on ‘not really being truthful’

The UK's Guardian newspaper conducted a far-ranging interview with Lisa Jackson, chief administrator for the US Environmental Protection Agency since 2009, on energy, climate change and the battle in the…

June 10, 2012

Aging power plants in Ohio face uncertain futures

COLUMBUS, Ohio Eight aging electric generating plants powered by coal in Ohio are facing uncertain futures. They could be demolished or sold as utilities try to meet clear air standards.…

June 10, 2012

SA coal juniors should focus on local market – analyst

Junior coal miners need to shift attention to domestic market, cash in on drop in export prices, says commodities analyst.