September 18, 2011

Chhattisgarh coal blocks a test case for acquiring India tribal lands

This wedding season, anxious grooms from Parsa and Ghatburra, two villages in Chhattisgarh’s Surguja district, were offered financial assistance from an unlikely source. Adani Mining Pvt Ltd, a subsidiary of…

September 18, 2011

India coal deal takes Rinehart a step closer to $100 billion personal fortune

India infrastructure giant GVK on Saturday said it would pay $1.3 billion for Australia's Hancock Prospecting coal, rail and port projects and spend a further $10 billion developing them as…

September 18, 2011

Strike slashes output at Freeport’s Grasberg in Indonesia by 230,000 tonnes a day

A strike at Freeport McMoRan’s huge gold and copper mine in eastern Indonesia has slashed production by 230,000 tonnes a day, the energy and minerals ministry said on Friday. The…

September 18, 2011

Harmony Gold eyes copper-gold projects in Philippines

South African mining firm Harmony Gold Mining Co. Ltd., the worlds fifth largest gold producer, is looking to invest in copper-gold projects in the Philippines.

September 18, 2011

Gold gains in India on Saturday but charts point to $1,700

Both gold and silver gained on the bullion market on Saturday as bargain hunters returned to the market. While gold surged by Rs 420 to Rs 28,160 per 10 grams,…

September 18, 2011

Deal to build the world’s richest coal mine collapses

The China Post reports Mongolia's National Security Council has rejected a deal struck with foreign firms to develop the western block of Tavan Tolgoi in the South Gobi desert, the…

September 17, 2011

Iron ore probe judge says exports eat away India’s national wealth

Sify reports rampant extraction of iron ore for export was steadily eating away India's national wealth, retired Supreme Court judge M.B. Shah, who heads a commission probing illegal mining in…

September 17, 2011

India’s Singrauli residents bear the brunt of coal mining

Singrauli, on the border of Uttar Pradesh and Madhya Pradesh, which is also called the power hub of India, is facing the ill effects of coal mining for the last 35 years.

September 16, 2011

Mongolian government endorses Chandgana power plant project

Prophecy Coal Corp. (TSX-V: PCY)(OTC-QX: PRPCF)(Frankfurt: 1P2) announces that its Chandgana Power Plant Project ("Project") has been officially endorsed by the Mongolian Ministry of Natural Resources and Energy.

September 16, 2011

Rio Tinto plans to sell ‘a lot’ Of Oyu Tolgoi output to China

Rio Tinto PLC (RIO) plans to sell "a lot" of the output from the Oyu Tolgoi copper and gold project in Mongolia to China, and is in discussions with smelters…