Xstrata begins coal job cuts in Australia
Xstrata Coal (LON:XTA) began to reduce its workforce across its Australian coal operations by firing its first 40 permanent employees out of the 600 announced cuts.
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Stronger yuan will cheapen commodities for China: Leeb
Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.
Tenders for coal, oil and gas rights trigger the ire of Queensland miners
The Queensland government's decision to auction licenses for oil, coal and gas exploration has triggered widespread complaint within the mining sector of the Australian tropical state.
Queensland: Scholarships for Women in Male-Dominated Industries
As Mining Australia reports, the Government of Queensland offers special scholarships for women in male-dominated industries, such as mining to counter skill […]
Chinese copper consumption to drop for the first time in four years
China's copper consumption levels are set to fall for the first time since 2008 on the country's easing growth and the resulting tepid demand for commodities.
Rio to cut jobs on concerns over China slowdown
Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.
Gold’s losing streak post US jobs surprise continues
The better-than-expected non-farm payrolls numbers may mean that the Federal Reserve will end QE3 sooner rather than later.
What can miners expect from Chavez re-election and his ’21st century Bolivarian revolution’?
Venezuela's President Hugo Chavez’s easy re-election has given him another six years as the head of the oil-rich South American country. It has also given mining and oil companies another reason to look for greener pastures.
Osisko coy about 1 million hectares staked in ’emerging gold belt’ in Mexico
Montreal's Osisko says it has staked out some one million hectares of ground in an – as yet unnamed – "emerging gold rich mineral belt in Mexico".
