January 18, 2012

Contract changes could put Indonesian mining industry on the rocks

Stability in international business is based on many factors but one of the strongest is the sanctity of contracts.

January 17, 2012

Race for Australian mine assets heats up

In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium…

January 17, 2012

India’s quest for coal just beginning

While it is the private firms that made most of the acquisitions in the international coal market last year, there is no shortage of money in the war chests of…

January 17, 2012

Xstrata sells 2 S.Africa collieries to Imbawula

The company has sold its Spitzkop and Tselentis coal collieries in South Africa to the Imbawula group for an undisclosed amount, adding that there would be no job losses as…

January 17, 2012

Forbes Coal Reports Revenue of $31.2 Million in Fiscal Third Quarter 2012, an Increase of 245% Year-Over-Year

Forbes & Manhattan Coal Corp. (TSX:FMC.TO - News)(JSE:FMC.TO -News) ("Forbes Coal" or the "Company") is pleased to announce its fiscal third quarter 2012 financial results for the three months ended…

January 17, 2012

Xstrata Coal completes sale of Mpumalang

Xstrata Coal South Africa (XCSA) is pleased to announce that it has completed the sale of its Spitzkop and Tselentis collieries and supporting coal assets, located in Mpumalanga, South Africa,…

January 17, 2012

Commodities face twin macro risks in Europe, China, Morgan Stanley says

Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.

January 15, 2012

Linc denies sale of Teresa coal asset

Linc Energy Ltd has dismissed media speculation that is has found a buyer for its Teresa coal settlement in Queensland, stating that it has not entered in to any binding…

January 15, 2012

Collie coal miners threaten strikes over hot seating plan

It is reported that coal miners at Griffin coal are threatening industrial action over moves to introduce hot seating by extending workers hours. The plan by the new Indian owners…

January 15, 2012

Bulgarian coal miners launch symbolic strike

Novinite reported that on Saturday, miners at Bulgaria's state owned Maritsa Iztok Mines launched a symbolic protest, warning that effective strike was in store, after talks failed Friday.