April 13, 2012

US versus Australian mine manager salaries

Today Jennifer Leinhart of CostMine sent me these two volumes: 2011 Survey Results: U.S. Coal Mine Salaries, Wages and Benefits 2011 Survey Results: U.S. Metal & Industrial Mineral Mine Salaries,…

April 12, 2012

Mine closure sends warning to unions

The shock closure of the Norwich Park mine sends a powerful warning to unions that mining giants can shut sites even in a resource boom.

April 12, 2012

Essar plans to buy coking coal mines in Africa, Australia

Essar Steel is planning to acquire coking coal mines in Africa or Australia to help the company that has few captive sources of crucial raw materials integrate backward to protect…

April 12, 2012

China soft landing likely, says World Bank

The Chinese economy is likely to land softly, rather than with a jolt, with growth forecast at 8.2% this year and 8.6% in 2013, according to The World Bank.

April 12, 2012

Who’s the fairest of them all: David Suzuki Foundation ranks provinces on climate change leadership

David Suzuki Foundation says Quebec, Ontario and B.C are "Very Good" regarding climate initiatives while Alberta and Saskatchewan rank as "Worst".

April 12, 2012

Indonesia not only wants to own foreign mining co’s, now it will impose higher taxes on them too

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on…

April 11, 2012

Gold can now protect us from both economic and environmental collapse

While gold's primary use these days is a hedge against Europe going belly up or paper currency becoming debased, researchers at MIT found that a little gold added to copper…

April 11, 2012

BHP Billiton to permanently close Norwich Park coal mine

BMA have today announced it will cease production at the Norwich Park coal mine.

April 10, 2012

China’s upcoming leadership change

It's not just the United States that will have a potentially major leadership shake up this fall.

April 10, 2012

New report shows resource investors cannot pick a worse spot to put their money than Toronto

Overall, only the stock indices of Spain and Portugal's top companies fared worse than Toronto's S&P/TSX-60. But in the group of resource-heavy exporting countries Canada's stock market came in stone…