Anglo looking for new coal assets
Anglo American is looking for thermal coal assets in Australia and Indonesia, especially as prices of potential targets have come down, the head of its thermal coal unit said in an interview.
Latest Stories
CIA trying to kill Australian coal industry, says Palmer
The U.S. Central Intelligence Agency has been accused of involvement in coups and insurrections throughout history, but now an Australian mining tycoon is accusing the CIA of trying to sabotage the Australian coal industry.
Heavy rainfall disrupts coking coal mining in Australia’s Queensland
Heavy rainfall in the last 48 hours has caused significant disruption at several coking coal mines in the Moranbah region of the Bowen Basin, in Australia's Queensland, market sources said Tuesday.
South Africa’s platinum producers angered by ferro-chrome industry’s push for ore duty
The drive by major ferro-chrome producers to get the South African government to impose a $100-per-tonne export tax on chrome ore is meeting resistance.
Billions hacked off mining majors after BHP’s China comments
"The big infrastructure build clearly will come to some end," Ian Ashby, BHP's chief of iron ore said on Tuesday.
How to avoid being caught in a common gold scam
Recently, I read an article about how Congo born, Dikembe Mutombo, an all-star NBA defender, was nicely scammed in a fake gold deal.
Enormous container ship has limited choices to unload cargo
The MSC Fabiola, with a carrying capacity of 11,000 containers, docked last week in the Port of Long Beach, one of a few shipping facilities in the U.S. that can handle the enormous new vessels.
Poll: Alternative energy loses support
Support for development of fuel sources such as wind and solar power has diminished in the United States during the past year, a survey found.
Glencore to buy Canada’s Viterra for $6.1 billion
Commodity giant Glencore International PLC has reached a $6.1-billion deal to buy Canada’s grain handler and agricultural retailer Viterra Inc., and announced plans to sell most of its Canadian assets to Agrium Inc. and Richardson International Ltd.
