Coal prices sink again as Chinese storage yards near capacity
Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.
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Rio Tinto makes first coal shipment from Mozambique
Giant miner Rio Tinto said Monday that it has started exporting premium hard coking coal from its Mozambique Benga Mine, its first shipment of 34,000 tons has left the Port of Beira and is bound for an Indian steel mill.
Coeur d’Alene evaluating Argentina mine, offers $350m in senior notes
US-based precious metals producer Coeur d'Alene Mines Corp said Monday it would evaluate strategic and operational alternatives for its silver and gold Martha mine in Argentina to reduce its high operating costs during the rest of the mine’s short expected life.
Anglo and Codelco like the boy who cried wolf: dispute deadline moved to July 17
London-based Anglo American and Chile's state-owned Codelco did not came to an agreement on Friday over disputed copper assets which has had the miners engaged in a bitter legal confrontation for months.
Miners have made a gold ETF monster: Nadler
The uninterrupted rise in gold ETFs has created an untested investment vehicle that could turn against people holding it, said Kitco economist Jon Nadler.
Ireland’s justice minister can’t link cash for gold shops to major crime
The justice minister of Ireland did not find a conclusive link between cash for gold shops and increased precious metal burglary in the country, but the minister's study did recommend that the country look at some controls for the industry.
Junior mining company executive compensation in 2011-2012
Yesterday I blogged about the compensation of CEOs of major mining companies in Canada and the United States. Today let us turn to the stalwarts of the industry, namely the executives of junior mining companies.
Mapping coal port expansion in the Pacific Northwest
The Columbian, a newspaper out of Vancouver, WA, put together a handy map showing proposed development plans for six coal terminals in Oregon and Washington, the status of each along with what the project has going for it and opposition lined up against.
It’s not just about rare earth and lithium; the aluminum industry loves the Tesla Model S
The much-anticipated Tesla Model S, which started production last week, uses a lot of aluminum, and that has industry groups pleased as punch.