Indonesia hauling ban could paralyse South Sumatra coal mining – Assoc

The state-owned entity says it will preserve its leading position as extractor of natural uranium, by developing existing mines, building new ones and introducing technologies to lower the costs of uranium extraction.

The blast happened early Saturday morning at the Mildred Lake site.

With the only exception of gold, production numbers for most other commodities mined in the Central African nation are also expected to decline this year.

The miner has responded to deteriorating market conditions by slashing spending and cutting jobs, mostly at its North American operations.

Authorities say the $2.5 billion illicit mining industry is creating a parallel economy that is deemed to damage the business of those who operate legally.

Commodity investing legend says the Chinese market is on its way to "finding a good bottom."

The sale follows last month’s touted deal with Stanmore Coal, which bought Vale's Isaac Plains coal mine for just a dollar.

Despite current adverse conditions, advisory firm Behre Dolbear is recommending mining stakeholders to focus on markets that have been able to ride the wave relatively well so far.

The Energy Information Administration (EIA) recently released data on the history of America’s energy supply, sorted by the share of each energy source.