China Daily reports on a new tracking system in China designed to give early warning of dangers in coal mines.

The resource sector liked it and the environmentalists were less keen on Budget 2012.

Ian Ashby, BHP Billiton's Iron Ore President, is stepping aside after 25 years with the world's biggest miner.

Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume of 2.1 million shares.

The Canadian finance minister delivered a budget for the resource sector, promising faster project approvals and changes to immigration to increase manpower, while enviromental groups will receive closer scrutiny from the Canadian Revenue Agency.

UK-headquartered Anglo American (LON:AAL) cut the ribbon today on a new coal mine in South Africa.

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is pleased to report the results of a NI43-101 compliant Mineral Resource estimate recently completed on the Vinasale Gold Project located in southwest Alaska on which Freegold entered into an Exploration Agreement with an Option to Lease the Vinasale Project from Doyon Limited, an Alaskan Native Regional Corporation, in 2007.

The Royal Canadian Mint will stop producing pennies this fall, announced Finance Minister Jim Flaherty during his budget speech on Thursday.

Russia's central bank sold off about $200 million of gold in February, according to a report from the Financial Times.