A study undertaken by the UN on the impact of the global resources sector on the world's indigenous communities is set to make the Australian mining industry an area of focus.
Investors’ silver holdings are at near-record levels, despite hedge funds being the least bullish on silver in almost four years, according to data compiled by Bloomberg.
The world’s fourth-biggest coal exporter, Drummond International, had to dramatically cut production in Colombia as a three-weeks strike at Feneco, the main coal railway, continues to affect its operations, said the company.
NSL Consolidated (ASX: NSL) announced Monday it has been formally granted the first of its four thermal coal exploration tenements, EPC 2198, in the Eromanga Basin in southwest Queensland, Australia.
Illinois Governor, Pat Quinn, exercised his veto power late on Friday to reject a bill that would have forced natural gas utilities to acquire synthetic gas at prices double the current market rate for the next 30 years.
Xstrata Coal confirmed Monday it has cut a number of jobs from its coal mining operations in Australia, due to sinking prices for both coking and certain kinds of thermal coal.