March 15, 2012

Vale, Newmont Retain Appetite for Indonesia Mines Amid Stake Cut

Global companies led by Vale SA (VALE5) and Newmont Mining Corp. (NEM) plan to invest in Indonesia’s mines, undeterred by a new rule cutting foreign ownership, as they hunt for…

March 15, 2012

Centennial’s Springvale coal mine extension approved

Centennial Coal's Springvale longwall coal mine extension has been approved.

March 15, 2012

Judge ‘outraged’ at outcome of Utah mine collapse

A federal judge said Wednesday he was outraged over a plea deal that settles criminal charges against the operator of a Utah coal mine that experienced two lethal cave-ins in…

March 15, 2012

Sandvik awarded bolter miner contract in China for Shenhua Shendong coal

Sandvik has signed contracts including 21 bolter miners with Shenhua Shendong. The value of the contracts exceeds SEK500 million and delivery of the equipment is scheduled during 2012 and 2013.

March 14, 2012

UK Coal shares plunge as it considers closing Warwickshire mine

UK Coal's (LON:UKC) shares plunged by more than 28% in late afternoon trading after it revealed it was considering closing a coal mine in Warwickshire.

March 14, 2012

Japan buys US$435m Xstrata’s stake in Canadian coal operations

Japanese JX Nippon Oil & Energy acquired a 25% of diversified miner Xstrata Coal operations in Western Canada for US$435 million, creating a joint venture that will build the business…

March 13, 2012

Big G family feud is bringing the taxman, regulator and lawmakers down on Hancock Prospecting

While the sordid details emerging from the proceedings are humiliating enough there may be some serious financial implications for Gina Rinehart – mining's 4th richest person with a fortune pegged…

March 13, 2012

Miner dies at Alpha mine in West Virginia

A coal miner was fatally injured in an Alpha Natural Resources Inc mine in West Virginia over the weekend, the company said on Monday.

March 13, 2012

China gives miners another scare as $58 billion monthly swing hands it largest trade deficit in 12 years

MarketWatch quotes  Nomura economist Zhiwei Zhang as saying:  "Overall, economic conditions are getting weaker at a fast pace. The slowdown is happening faster than the government expected."

March 12, 2012

US coal production to fall 10pc this year, study says

US coal production is set to decline 10pc year over year in 2012, or by 2mn short tons (83mn metric tonnes), as miners try to bring supply in line with…