December 20, 2012

A coal factsheet for the future

Here are some of the other startling highlights from the IEA’s Medium-Term Coal Market Report 2012 Factsheet.

December 20, 2012

Despite 2012 commodities slump emerging market demand set to fuel higher, more volatile prices

"In a resource-constrained world, value creation moves towards the owners of resources" is the conclusion of a new report from McKinsey

December 20, 2012

Chinese coal giant’s goliath mine in Queensland to dwarf regional peers

AUD$5bn development will export four times more coal than the largest mine in Central Queensland at present

December 19, 2012

Lynas wins operations appeal in Malaysia

A Malaysian court dismissed an appeal against a temporary operating licence for Lynas Corp (ASX:LYC), an Australian rare earth miner, despite residents' opposition over alleged radioactive hazards.

December 19, 2012

Whitehaven rises on Chinese takeover rumors

Report claims Whitehaven requested Shenhua provide full takeover offer after rebuffing bid for assets

December 18, 2012

Completion of sale of 25% interest in Nullagine Iron Ore JV – FORTESCUE METALS GROUP LIMITED and BC IRON LIMITED

Fortescue Metals Group Ltd. has closed its capital raising of AUD190,000,000.00.

December 18, 2012

Mega Uranium Ltd. releases results for the year ended September 30, 2012

Net loss for the year ended September 30, 2012 was $20.2 million ($0.08 per common share) compared to a net loss of $126.4 million for the year ended September 30,…

December 18, 2012

Coroner believes missing man murdered following million dollar diamond scam

Suspected killer fled the country with thousands in cash

December 18, 2012

China’s MMG to plough AUD$1.5bn into Queensland zinc mine

The Middle Kingdom's overseas resource buying spree continues

December 17, 2012

Iron ore surge continues – now up 51% from September lows

Stockpiles at Chinese ports have shrunk more than 26%.