Coal prices may be headed higher after BHP Billiton declares force majeure
BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia.
Latest Stories
Norwegian chemical company makes $40 million investment in IC Potash
IC Poatash popped 17% to $1.04 share on Monday after Yara International announced a $40 million "strategic investment" in the company on Friday.
CHALCO pays $925M for 60% of SouthGobi Resources
In a three-way deal with Robert Friedland's Ivanhoe Mines, the Aluminum Corporation of China (CHALCO) is bidding for 60% of SouthGobi Resources' and paying $8.48 for each common share.
Extreme use of mining vehicles can make them catch fire — Here’s how to protect them
Fire protection equipment specialist Worldman offers a comprehensive range of vehicle fire suppression systems designed to detect and suppress fires occurring in mine site vehicles.
Argentina to establish first protocol on mining social responsibility
The creation of the world’s first national protocol on sustainable and socially responsible mining was discussed at a meeting held in Argentina last week, called by the government of president Cristina Fernandez.
Chinese government rolls up independent miners in rare earth industry group
In a move to curb the rampant domestic illegal mining of rare earth, as well as regulate its rare earths players, China is launching an industry association for the precious metal commodity on April 8.
World’s first carbon neutral mine around the corner
The Yunong Qian project, located in the highlands of Nepal, might become world’s first carbon neutral mine, as Gekko Systems Pty Ltd announced today the final funding approval of the project, which will apply Gekko’s technology to achieve net zero carbon emissions.
Paladin Energy forced to get new CFO as Korte moves to push world-class iron project
Uranium company Paladin Energy Ltd (TSX:PDN)(ASX:PDN) announced it named Alan Rule as its new Chief Financial Officer effective July 23, 2012. He would be replacing the current CFO, Garry Korte, who is joining Roy Hill Holdings, owned by billionaire mining magnate Gina Rinehart.
Rapaport’s small diamond index up 14%
Record high prices were achieved in specific categories, with strong demand from US and Indian buyers supporting sales
