August 2, 2011 Yanzhou Coal buys two Australian coal mines for $202 million Yanzhou Coal Mining Co. China's fourth-largest coal producer, yesterday acquired two Australian coal producers, Syntech Holdings Pty Ltd and Syntech Holdings II Pty Ltd, for A$202.5 million in cash.
August 2, 2011 South Africa mines minister says nationalisation wrong, dangerous question to ask Asking whether South Africa should nationalise its mining industry was the wrong, dangerous question to ask in searching for the answer to South Africa’s “evil triplets” of poverty, inequality and…
August 2, 2011 Xstrata profits jump 27%, expects even better second half Anglo-Swiss mining giant Xstrata said on Tuesday its first half net profit jumped 27 per cent to $US2.9 billion and that it expected even better earnings for the second half.…
August 2, 2011 South Africa mine nationalization ‘closest since end of apartheid’ Businessweek quotes a confidential report prepared for South Africa's mining CEOs as saying South Africa’s ruling party is closer to some form of nationalization than at any other time since…
August 1, 2011 Australia mining boom has two speeds Call it the two-speed mining boom. On the one hand, there are all the active miners and explorers attending Diggers & Dealers in Kalgoorlie who - provided they have a…
August 1, 2011 150,000 South Africa coal workers to return to work Tuesday Workers in South Africa's coal sector are expected to return to their posts on Tuesday after the unions and the SA Chamber of Mines signed a two-year wage agreement, ending…
August 1, 2011 ArcelorMittal, Peabody bid for Macarthur Coal turns hostile The Peabody-ArcelorMittal combine has offered a bid of AUD 15.50 per share plus a dividend of 16 cents per share, following the rejection of their conditional offer for an increase…
July 31, 2011 Reuters: Ukraine mourns after 37 die in mine accidents Two separate accidents at mines in Ukraine have claimed the lives of 37 miners, Reuters reported Sunday: Rescue work ended on Sunday at two Ukrainian coal mines where accidents killed…
July 31, 2011 Let’s get political: Olivia Newton-John raises alarm over fracking near Byron Bay A grassroots movement opposed to coal-seam gas (CSG) mining got a boost of star power on Saturday, when 70s pop singer Olivia Newton-John panned the controversial practice. The Australian singer,…
July 31, 2011 Global steel production to hit a record of 1500 million tons in 2011 China’s crude steel output hit a all time record of 350.64 million tons in the first six months of 2011. The steel output growth rate was 11.5 percentage points higher…
Metals frenzy gets painful gut check just as YOLO crowd piles in Now the worry is that the increasing involvement of a potentially fickle group — individuals chasing a quick gain — may spur even wilder swings. February 02, 2026 | 08:47 am
