Canada the world’s overall top mining destination, despite Saskatchewan fall

Global demand and prices for coal will continue to expand aggressively over the next five years despite public calls for reducing reliance on the high-carbon fuel as a primary energy source, said the International Energy Agency (IEA) in its first ever report about the commodity.

Australia edged closer to the creation of a new 10 billion Australian dollar (US$10.02 billion) port focused on exporting coal to Asia when the state of Queensland allocated land to units of Brookfield Asset Management Inc. BAM +2.16% and India's Adani Group for two terminals at Dudgeon Point on Wednesday.

An arbitrator has ruled that a "poison pill" rights plan erected by Ivanhoe to try and stop a Rio Tinto takeover, does not apply to the latter, leaving Ivanhoe vulnerable to a takeover next year.

Gold today rallied to an all-time high of Rs 29,540 per 10 grams in the bullion market here by adding Rs 240 on the back of marriage season demand amid a firming global trend.

Gold shipments from Japan, the world’s third-largest economy, are at the highest level since at least 1985 as individuals who purchased jewelry more than 20 years ago are selling it for record prices.

The head of India's biggest iron ore miner says Australia's reputation as a very favorable place to invest has not been dented by the combination of a carbon tax, mining tax and escalating labour costs as the $22 billion group prepares to establish a local mining arm.

Based on new research by investment bank Macquarie titled India’s Fatal Attraction, the FT asks if India’s weddings are destroying its economy given the huge importance of gold in the culture – especially between October and January, when festival season turns into wedding season and some 20 million Indians tie the knot.

Tata Motors, India’s market leader in commercial vehicles and the world’s fourth largest truck manufacturer, has launched the new TATA Prima 3138.K 8X4 tipper equipped with an Allison 4430R transmission at the 6th International Construction Equipment and Construction Technology Trade Fair (EXCON) 2011 in Bengaluru, which is organised by the Confederation of Indian Industry. The company states that the tipper model is ideal for carrying overburden in coal, iron ore, limestone and other applications involved in the heavy mining industry.

The Philippines will offer 30 coal exploration projects in the central and northern provinces, where mining is not yet banned that may need total investments of $600 million at a tender to be held in the first quarter of 2012.