April 14, 2012

Churchill Mining to seek over $2 billion from Indonesia

London-listed Churchill Mining will take the Indonesian government to international arbitration and seek more than $2 billion in compensation in a dispute over a huge coal asset.

April 13, 2012

Ivanhoe staggers as Ouy Tolgoi costs balloon to $13 billion

Ivanhoe and Rio Tinto not only have to deal with higher projected mining and processing costs at the mega-mine but also development delays and most worryingly, lower ore grades.

April 13, 2012

Coal takes a beating after China’s GDP numbers disappoint

China, the world's biggest consumer of coal, said that the gross domestic product came in at 8.1% in the first quarter, the lowest figure in three years.

April 13, 2012

Long-rumoured takeover target Harmony Gold cheapest in a year

Harmony Gold briefly dropped to a year low of $9.68 on Friday after the company announced a steep fall-off in output for the first quarter. Now worth $4.4 billion the…

April 13, 2012

Melting Arctic is nothing but good news for the mining industry: Lloyd’s/Chatham House

The melting ice cap in the Arctic sea could open up access to immense mineral reserves, attracting billions of dollars in investment, but also bringing with it unique risks and…

April 13, 2012

Pakistan must turn to coal to avert energy crisis

According to trade and industry sources, the country must tap into its largely untapped reserves and imports to generate power beyond the next decade if it is to ease its…

April 13, 2012

Minerals Council of Australia restarts anti tax ad campaign

The Minerals Council of Australia (MCA) resumed today an ad campaign initially launched in July last year, attacking alleged hikes on the federal government's mining and carbon taxes.

April 12, 2012

Top analysts see copper rising even as China slows

The third consecutive annual copper shortage and accelerating U.S. growth will drive prices to the highest in a year in the next quarter, according to the most accurate forecasters.

April 12, 2012

Indonesia not only wants to own foreign mining co’s, now it will impose higher taxes on them too

Indonesia wants to have its mining cake and eat it too, as the country, one of the world's largest exporters of copper and coal, will speed up a tax on…

April 12, 2012

World Bank trims China’s growth outlook

The World Bank cut its growth forecast for China on Thursday, adding to warnings the world’s second-largest economy might slow too abruptly, and said Beijing should be ready to launch…