FTSE 100 mining giant Xstrata has - through its Xstrata Coal subsidiary - agreed to buy the Lossan metallurgical coal deposit from Cline Mining Corporation for C$40m (£24.9m). "Lossan is located in the Peace River Coalfield of north eastern Briti...

Vedanta Resources, the enormous mining and metals company has seen a 36% decline in production of saleable iron ore compared to the first half of 2010. The dramatic fall is mainly due to a court order in India banning mining at the company's Karnat...