Full of holes: why Australia’s mining boom will leave permanent scars

Xstrata's board will recommend the merger of the company with fellow Swiss commodities giant Glencore.

Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions of dollars.

Colombia's booming mining and oil industries are likely to be the centre of terrorist attacks over the coming months as soldiers and guerrillas fight on the battlefield, while their delegations hold peace talks to end the country's half-century-old conflict.

AngloAmerican (LSE:AAL) plans to implement reductions in coking coal over the next several months with further industry-wide cuts still expected.

An energy analyst has concluded that the key factor causing the world's economic woes is ”high-priced fuel syndrome“ which induces sluggish growth and range of other ailments.

A new report released by the International Monetary Fund (IMF) indicates that commodities exporters and emerging economies will be hardest hit by slower growth in China and a concomitant decline in commodities prices.

China National Offshore Oil Corp's (CNOOC) believes its proposed $15.1 billion takeover of Canadian oil producer Nexen Inc. (TSX & NYSE:NXY) should go ahead without major hiccups as talks with provincial leaders reaffirmed the country values China as an investor in its oil sands sector.

BHP Billiton, the world's number one miner, has put its $30 billion Olympic Dam copper-uranium expansion back in the spotlight by asking South Australia state for a 46-month extension for the project.

Nathan Tinkler's fortune has plunged by over 50% since last year causing the electrician-turned-mining magnate to tumble to second place on a list of Australia's richest young entrepreneurs.