March 12, 2012

Crandall Canyon victims’ families call plea bargain deal ‘a slap in the face’

"I can't believe what the [U.S. Attorney] did. We are emotional and at a loss for words. I wish they had not done anything. It would have been better than…

March 11, 2012

Indonesia’s Rule No. 24 likely to embolden other nations to grab more from mining

Indonesia surprised the global mining community last week after a new rule – Government Regulation No. 24 of 2012 – was quietly announced on the mining ministry's website. A growing…

March 11, 2012

BRIIC is a better BRIC

For a variety of reasons, Indonesia has earned the right to be considered as a premiere destination for emerging market investment.

March 11, 2012

Seaborne coal market could double by 2025 – Batista

Eike Batista founder of Brazilian energy and commodities conglomerate EBX and head of MPX Energia SA said that the world seaborne coal market could grow to 1.12 billion tonne by…

March 10, 2012

9 miners die in flood, mine collapse in Colombia

Colombian authorities say they have recovered the bodies of all nine victims of a coal mine collapse.

March 10, 2012

Crandall Canyon mine operator pleads guilty to misdemeanors over 2007 fatalities

Genwal Resources Inc., a Murray Energy Corp. subsidiary, has pleaded guilty to two misdemeanors to settle a federal investigation into the August 2007 fatalities at its Crandall Canyon coal mine…

March 10, 2012

India to buy more Mozambique coal

In future Indian industrial giant Tata Steel will derive 10% of its coking coal requirements from Australian-based Rio Tinto's Benga coal mine in Mozambique.

March 9, 2012

Poland blocks EU efforts on carbon limits

Coal-reliant Poland on Friday vetoed European Union efforts to move further towards a low carbon economy, pitting itself against the rest of the 27-member bloc.

March 9, 2012

South Africa’s standalone state mining company a step closer, already hunting for deals

South Africa took a step closer on Thursday to create a standalone mining company that will take charge of the government's role in the country's rich resources and with ambitions…

March 9, 2012

Over 18% of Canada’s job losses in February were in the mining industry

Despite a healthy economic growth, Canada’s economy lost 2,800 jobs in February, with at least 18% of those positions belonging to the mining sector.