US coal demand slipping, but some basins faring better than others
Coal remains the largest source of fuel for electric generation in the United States. However, demand is shrinking.
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Sandvik DD2710 development jumbo debuts in China
Sandvik Mining has launched its DD2710 single-boom electro-hydraulic jumbo, designed and manufactured in collaboration between the company’s Finnish and Chinese operations for mining development in tunnels with cross sections up to 34 square meters.
Gold and bail-ins
The ability of western central banks to bail out bullion banks in the future is compromised by the emptiness of their vaults.
US gold and silver production dips, copper jumps
US copper mine production grew 5% to 1.23 million tonnes in 2013 according to the latest US Geological Survey, but silver and gold recovered slid.
Iran said to be exporting more oil than allowed
February’s levels were the highest since the West slapped sanctions on Tehran in June last year, says the International Energy Agency (IEA).
Bolivia to revise new mining law
Bolivian President Evo Morales and leaders of the National Federation of Mining Cooperatives have formed a commission to quickly redraft at least three controversial articles of the recently-approved ruling.
Former JPMorgan commodities chief under federal probe
The probe was opened following a settlement with regulators that alleged JPMorgan manipulated power markets in the Midwest and California.
Green Germany returning to brown coal, villages in limbo
The nation is sweeping away entire towns of its map because they are sitting on vast coal deposits.
Gold price up on Fed minutes, Ukraine worries and tanking stocks
Trifecta boosts gold to two-week high.