April 1, 2012

Prophecy Coal to raise USD 800 million for Mongolia power plant

Reuters reported that Canadian energy firm Prophecy Coal Corporation expects to raise USD 800 million in debt and equity financing by September 2012 to build a coal fired 600 MW…

April 1, 2012

Indonesia puts on hold talks to impose an export tax for coal

Reuters reported that Indonesia, a major global producer of raw materials, has put on hold talks to impose an export tax for coal and base metals, but still expects to…

April 1, 2012

Protest against iron ore operation of Vale in Malaysia

About 100 members of Jaringan Aktivis Alam Sekitar Perak JAASP, an environmental non governmental organization, staged a demonstration against the operation of an iron ore processing company, Vale SA, in…

March 30, 2012

C’mon Obama: Let’s mine more minerals in the US

The United States should take a cue from Canada when it comes to speeding up the environmental approval of mining and energy projects.

March 30, 2012

The spiralling cost of making nuclear energy safe is bringing the industry to its knees: researcher

The costs don't add up for nuclear power, according to a study by the Vermont Law School, and the high price tag of making nuclear energy safe is imperilling the…

March 30, 2012

Hindustan Copper to quadruple capacity by 2017

Copper miner, Hindustan Copper, is to invest $650 million in eight mining projects across India over the next five years in a bid to quadruple capacity.

March 30, 2012

Australia: Future Fund leader launches missile at carbon, mining taxes

David Murray, the man charged with running the Future Fund for the past six years has used his last day in the job to lambast the carbon tax, labelling it…

March 30, 2012

Uranium market stable despite Japan’s pending decision on nuclear reactors

Long term uranium market fundamentals remain strong, despite worries over what Japan will do with 53 of its 54 nuclear reactors, which are currently rest shut down for maintenance or…

March 30, 2012

Rio Tinto follows Vale and joins Chinese iron ore trading platform

The move will allow the London-listed miner to sell non-contracted iron ore directly into China through the electronic trading platform.

March 30, 2012

Harmony Gold digs out of 52-week deep hole as it awaits ‘game-changing’ Wafi-Golpu pre-feasibility

Harmony Gold Mining (NYSE:HMY) traded today at a new 52-week low of $10.58. So far today approximately 1 million shares have been exchanged, as compared to an average 30-day volume…