Unit of Eastern Europe’s largest private coal miner files for insolvency

Gold hit an intra-day high of $1.775 shortly before the end of the trading day – a 7-month high and up $240 from its 2012 lows struck in May.

Brazilian mining giant Vale has followed the gloomy trend set by BHP and Xstrata by announcing it will lay-off workers at its coal operations.

Sinking global commodity prices have negatively impacted Canada’s North near-future mining outlook, but longer-term prospects for the industry in the three territories remain strong.

BHP Billiton (ASX:BHP) has scrapped plans to purchase exploratory land in the area adjacent to the Olympic Dam project.

The absence of Xi Jinping from several key occasions of state this month has triggered grave concerns about the well-being of China's presumptive heir to power on the eve of the country's decennial leadership transition.

Gold traded slightly higher Tuesday, reversing some of Monday’s losses as investors await Thursday’s key announcement from the Federal Reserve. Outside markets were slightly positive as well, with the stock indices and energy markets poised for higher closes.

The unremitting deterioration of the eurozone's sovereign debt landscape continues to fuel uncertainties about the longevity of the euro as a hard currency.

Recently we sat down with Amir Adnani, CEO of Uranium Energy Corp. ($UEC), an American uranium mining company, for a conversation on the nuclear industry eighteen months after the catastrophe at Fukushima which devastated both Japan and most uranium miners’ share prices.

Australia’s mining giants are threatening both the government of Queensland and the federal authorities with dropping all of their new projects in response to the state’s surprise increase in coal mining royalties.