Former Aussie coal magnate stages major comeback with $150m acquisition
Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.
Latest Stories
Availability of spare parts a top priority for Australian miners
The respondents placed more importance on high quality equipment that could support the efficient operation of a mine rather than being the lowest-cost equipment available.
NioGold acquires remaining 40% of Malartic H property
The Quebec-based exploration company originally acquired a 60% interest in the property from Breakwater Resources in 2010.
South African platinum strike talks going nowhere
He added that the miners are demanding their wages to more than double, an increase the three companies say is unaffordable.
20 dead and hundreds trapped after explosion in Turkish coal mine
The accident was triggered by an explosion in a power distribution unit, which caused the mine's elevator to stop working.
CAT proves new B15 smartphone resilience by running it over with heavy machinery
While average in terms of capacity and other features, users surely won’t buy it for the specs, but for what Cat shows in this video.
Majors’ gold reserves shrink under pressure from lower gold prices
As predicted in February, a 15% year-on-year drop in the gold price in 2013 forced mining companies to lower the prices they use to calculate their gold reserves.
Northern Star to become Australia’s No.2 gold producer after acquiring Jundee mine
Jundee is expected to lift Northern Star's production from about 350,000 ounces a year to about 550,000 ounces a year by 2015.
Two workers killed in West Virginia coal mine accident
The accident occurred at Patriot Coal's Brody Mine No. 1, in the southwestern part of the state.