December 3, 2011

CBS Video: Mining industry – where the jobs are

Share this page Since 2009, the U.S. has been averaging a gain of nearly 7,000 mining jobs a month -- most of those in the upper Midwest. While mining can…

December 3, 2011

Sharp decline in pollution from US coal power plants, NASA satellite confirms

A team of scientists have used the Ozone Monitoring Instrument (OMI) on NASA's Aura satellite to confirm major reductions in the levels of a key air pollutant generated by coal…

December 3, 2011

Exxaro embracing green energy

Why would a resource company be involved in COP17?

December 3, 2011

CMS cancels clean coal project; to close seven more plants

Citing looming air quality rules, low natural gas prices and low demand for power, Michigan-based Consumers Energy cancelled Friday a proposed $2 billion clean coal plant near Bay City, Mich.,…

December 3, 2011

Arch Coal announces reductions at Dugout Canyon mine

The Canyon Fuel subsidiary of Arch Coal has said that it would be scaling back production at the Dugout Canyon mine near Wellington, Utah, in response to continuing weakness in…

December 2, 2011

Goldman says commodities to rally in 2012

Goldman Sachs Group forecast that commodities may rally 15% in the next 12 months, sticking with an “overweight” recommendation on raw materials and predicting Brent crude may surge to highest…

December 2, 2011

British Churchill Mining threatens Indonesian government with arbitration

London-listed Churchill Mining Plc is threatening Indonesia to seek international arbitration, saying that the company was unlawfully deprived of a US$1.8 billion coal discovery in the jungles of Borneo Island.…

December 1, 2011

India’s Aditya Birla Group joins bid for Australian coal miner New Hope

India's leading aluminum and copper producer Aditya Birla Group confirmed Thursday that it has officially expressed an interest in bidding for Australian coal miner New Hope.

December 1, 2011

South African gold mine cooling technology used in Chinese coal mine

Mining Weekly reported that China National Coal Group will use a special cooling technology developed at a gold mine for its coal mining operations.

December 1, 2011

BHP Billiton strategy: get big or get out

BHP Billiton’s avowed strategy is to only pursue enormous Tier 1 investment opportunities such as Pilbara iron ore and Bowen Basin coal. It comes as no surprise then to see…