Continental Coal to acquire half of Colombian coal mine
South African thermal coal producer Continental Coal is seeking to augment its coal assets with a property in Colombia. The ASX and […]
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Rare earthquake: May last year Molycorp investors were $5.5 billion richer
The Colorado company is destined to become the number one producer outside China, but the rapidly changing economics of the industry has seen its stock decline 20% this week and 74% since May last year.
India the next China? Don’t bet on it, says BHP
Michael Pascoe, writing for the Sydney Morning Herald, hits on a little-reported theme gleaned from remarks by BHP Billiton chairman Jac Nasser this week in Sydney.
McEwen considers selling the Los Azules Project in Argentina
McEwen Mining (TSX and NYSE:MUX) President and CEO Rob McEwen on Thursday cautioned shareholders that recent energy-industry expropriation and Argentina government policy decrees augured negatively for its San José silver/gold mine and other development projects.
Planetary Resources doesn’t want more people onboard its asteroids-mining ship
Less than a month after officially launching its asteroid-mining plans, Google’s billionaire co-founders and filmmaker James Cameron’s owned company Planetary Resources, has already decided not to accept any more job applications.
China is developing a grid better for coal than renewables: report
China won’t meet its carbon and energy intensity targets unless dramatic changes to its electricity grid are applied, says a study by U.S.-based Energy Transition Research Institute.
Peru’s illegal mining exports problem worse than drug trafficking: report
Peru’s illegal mining exports reached $1.8 billion in 2011, exceeding even drug trafficking profits, which accounted for $1.2 billion, said local consultancy firm Macroconsult.
Mining industry plans to invest $20 billion in renewable energy by 2020, forecasts Pike Research
According to a new report from Pike Research, worldwide investment by the mining industry on renewable energy and energy conservation will reach approximately $8.4 billion by 2016 and nearly $20 billion by 2020.
Silvercorp sets records in China as it emerges from short and distort saga
Silvercorp Metals along with the rest of the silver sector jumped on Thursday as the price of the precious metal recovered from […]