MINING.COM

Mittal: Investing in mining, but not India or China

I'm not locating capital to India or China as I don't see things progressing there. We can't remain stuck, so we move on. Now our priority is to reduce debt, we sell non-core assets. But we continue to invest in mining and become self-dependent.

Frik Els | July 29, 2012 | 10:07 pm

Feds quash 21-year old permit after coal mining restarted, overruling Alaska Natural Resources Dept

A coal mining permit issued in Alaska 21 years ago — but not utilized until recently — has been ruled as no longer valid by a US federal agency because the Alaska DNR “erroneously transferred and renewed invalid permits."

Frik Els | July 29, 2012 | 1:39 am

20 arrested after shutting down coal mine in West Virginia

Patriot Coal's Hobet mine was back in production by late afternoon.

Frik Els | July 29, 2012 | 12:16 am

The Awa, S11D, Colin Firth and flesh-eating bats: Welcome to global mining’s environment acid test

World number one iron ore producer Vale over the weekend "played down fears" that the planned $20 billion expansion of its Carajas mine would harm the local Awá people described as "Earth’s most threatened tribe."

Frik Els | July 28, 2012 | 11:53 pm

Vale says iron ore reaching a bottom, will improve within ‘2-3 weeks’

"I believe the recovery will happen soon," José Carlos Martins, the Brazilian miner's director of iron ore and strategy, said during a conference call discussing the firm's second quarter results, adding that a modest recovery in China will boost prices.

Frik Els | July 28, 2012 | 11:47 pm