Xstrata kicks off production at Mount Margaret mine
London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.
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Qatar Holding confirms it will vote against Glenstrata next week, shares dive
Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.
China colliery blast leaves 19 dead, 28 trapped underground
A colliery explosion in China's vast southwestern province of Sichuan has left 19 miners dead and 28 still trapped underground.
Is US energy independence just a pipe dream?
Energy security experts Kevin Massy and Govinda Avasarala write that the Republican Party's long-vaunted goal of domestic energy independence may be little more than a pipe dream in economic terms.
World’s richest woman proposes minimum wage reduction for envious and lazy
Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense wealth of being lazy.
Barrick Gold caught up in Canadian political controversy
Barrick Gold (NYSE:ABX) has found itself at the centre of a Canadian political controversy following its failure to properly report three separate lobbying discussions with Nigel Wright, Prime Minister Stephen Harper's chief of staff.
Australia pushes for expansion into African mining
Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.
Veteran miner slashes wrists to keep Italy’s last coal pit open
49-year old Sardinian miner Stefano Meletti slashed his wrists in front of television cameras on Wednesday to protest the planned closure of Italy's last coal pit.
I hope the Republicans do take us back to the gold standard
Gold enthusiasts and flat earthers are not the same.
