An Australian coal company at loggerheads with a Brazilian-based partner over a central Queensland mine will seek damages in the Federal Court.

A shortage of large haul truck tyres is coming soon. Prices on the spot market have already topped $90,000 in some parts of the world, according to one recent article.

On only the second day of trading in Western Potash Corp. common shares on the main board in Toronto, investors were already abandoning the stock in droves. The junior player in Saskatchewan’s potash industry ended Wednesday down 5.5% after an analyst downgraded the stock. Western Potash is in the pre-feasability stage of its Milestone Project in the south of the province where it hopes to mine almost a billion tonnes of potash using steam.

Strikes are looming in South Africa's gold and platinum sectors which could threaten global supplies at a time when commodity prices are red hot. South Africa's powerful National Union of Mineworkers (NUM) said on Wednesday wage talks with the country's main gold miners were deadlocked and it was preparing for a strike.

The prospect of mining the ocean floor may seem far-fetched, but China, motivated by its insatiable hunger for resources, has opened its eyes to the idea. According to a story in The Japan Times, China will attempt to plunge the Jialong - the world's deepest-diving manned submersible - 5,000 metres below the surface of the Pacific Ocean between Hawaii and North America, exceeding the craft's previous depth of 3,759 metres.

Gov. Pat Quinn has signed legislation that could lead to the construction of a new "clean coal" plant in Chicago that converts coal to natural gas. Quinn signed the bill Wednesday at the site of a former steel mill on Chicago's southeast side. Image of Gov. Pat Quinn is from Wikipedia

Reuters) - Opti Canada Inc , whose major asset is a stake in Nexen Inc's troubled Long Lake oil sands project in northern Alberta, filed for court protection from creditors on Wednesday as it agreed on a equity-for-debt swap with bondholders. Opti said

Health and safety is a central issue in the South African mining industry. Hi-Tech Security Solutions Journal reports that on September 7th, as a part of the OSH Expo Africa, Lexis Nexis Compliance will be presenting Mine and Occupational Health & Safety Seminar in response to recent government scrutiny in relation to safety issues.

“The seminar will inform industry professionals of exactly where they stand in terms of the law. It is a must-attend event for all key players in mining and related industries,” says Ross Cullingworth, director, sales and marketing at Montgomery Africa. “Furthermore Lexis Nexis Compliance is a well-known leader in occupational health and safety, offering a range of professional services and products, and we are delighted that they are partnering with us at this event.”

Daniel Brockett, a drilling and mining supply executive, has launched BX Drilling Supply in Boise, Idaho. BX Drilling Supply offers a diverse range of products and supplies as well as logistics support, supply chain management and inventory management to the drilling and mining industry.