September 13, 2012

Not only are commodity prices diving – Canadian CEO bonuses have shrunk too

CEOs are getting — on average — 31% less this year.

September 13, 2012

Mini iron ore rally melts away

World number one producer Vale says the market will remain stuck in a period of significant volatility until China reduces its stockpiles.

September 13, 2012

Vale to postpone developmental projects

Vale said it will delay projects in the conceptual phase of development as the company copes with the economic climate.

September 13, 2012

Mining jobs in Australia fall for first time in three years

Who said the boom was not over?

September 13, 2012

‘Eastwooding’ space miners pitch ideas to ‘invisible Obama’

No U.S. president has waxed as poetically about mining the moon the way John F. Kennedy did about landing on it. But that didn't stop four entrepreneurs from making their…

September 13, 2012

More coal mining jobs axed in Australia; Vale joins BHP and Xstrata

Brazilian mining giant Vale has followed the gloomy trend set by BHP and Xstrata by announcing it will lay-off workers at its coal operations.

September 13, 2012

Mining outlook for Canada’s North less promising than projected

Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.

September 12, 2012

Indian state of Goa shuts down iron mines

The 93 mines in India's richest state of Goa, 90 of which are iron ore producers, have been force to halt operations after a government-backed inquiry said they were illegal…

September 12, 2012

Xi’s elusive whereabouts trigger grave concern on eve of China’s leadership transition

The absence of Xi Jinping from several key occasions of state this month has triggered grave concerns about the well-being of China's presumptive heir to power on the eve of…

September 11, 2012

Australia’s new tax hike angers miners and may hit projects

Australia’s mining giants are threatening both the government of Queensland and the federal authorities with dropping all of their new projects in response to the state’s surprise increase in coal…