Exports can’t save US coal
US producers' share of seaborne coal market has fallen to less than 1% as strong dollar hurts miners already struggling to stay profitable says new study.
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China’s coal burn rate has just been upped dramatically
Revised stats from China show coal use from 2000 to 2013 is up to 14% higher than previously reported hitting 4.4 billion tonnes per year.
BHP Billiton AusIMM Southern Queensland Student Chapter Local Mining Games 2015
On the 5th of September, the AusIMM Southern Queensland Student Chapter (SQSC) held the chapter’s annual BHP Billiton Local Mining Games at The University of Queensland’s Experimental Mine in Indooroopilly, a suburb of Brisbane.
Petra Diamonds losing some sparkle, net profit down 33 pct
But the company is on track to reach its longer-term target of about 5 million carats of diamond production a year by 2019.
This blue diamond may become the most expensive gem ever sold at auction
"Blue Moon" is expected to fetch up to $55 million when it goes under Sotheby's hammer on Nov. 11, in Geneva.
Wellgreen Platinum’s open pit and underground mine plan
The company filed a preliminary economic assessment in the spring.
Sibanye expects to generate up to 60% of power needs from new coal project
The move aims to reduce the gold producer's dependence on unreliable electricity supply from state-run utility Eskom Holdings.
BHP calls miners to challenge anti-coal movement
BHP’s coal chief believes the commodity is likely to remain under pressure for a while.
Fed’s Vast Gold/SPX Impact
Yesterday’s Fed decision was one of the most anticipated ever, with much potential to really change the global financial-market dynamics going forward.