BHP to boost copper output, lower costs at vast Olympic Dam
BHP wants find a way to up output for the industrial metal from its Olympic Dam by 40% even before a proposed and long-awaited mega-expansion of the operation takes place.
London-based Anglo American (LSE:AAL) has joined an expanding list of coal producers making staff cuts at specific Australian operations, after it announced it will cut at least 50 jobs when its Moranbah North mine reverts back to a single longwall operation.
The Republican Party's 2012 Party Platform says it will 'rein in the EPA' in the pursuit of domestic energy independence and push for the development of coal, oil and natural gas reserves as well as nuclear energy.
About 100 coal miners are barricaded inside an underground mine in Sardinia, Italy, and have armed themselves with explosives to prevent the mine's closure.
ermitting delays are hindering United States’ economic growth, says The National Mining Association (NMA), which estimates the nations sits on nearly $6.2 trillion worth of key undeveloped mineral resources, such as gold and copper.
Australian electrician turned mining magnate Nathan Tinkler is reportedly losing $4.2 million a day on his stake in Whitehaven Coal (ASX:WHC), the country’s largest independent coal producer by market value.
Higher than usual mercury levels discovered in water sources in Western Australia by Griffin Coal are prompting calls for an immediate Government investigation.
A government board is suggesting to split India’s state-owned Coal India Ltd (NSE:COALINDIA), the world’s largest coal producer, or at least allow joint venture partners to foster competition in the sector.
India’s Prime Minister Manmohan Singh said Monday the government has already initiated the process of cancelling mines to companies that failed to develop them.
BHP Billiton (LON/ASX/NYSE:BHP) took Monday another step away from resource expansion in Australia, particularly in the uranium sector. The world's number one miner announced it's selling one of the country's largest undeveloped deposits of the yellow element to Canadian Cameco (TSX:CCO) (NYSE:CCJ) for $430 million.