Europe’s last coal mines struggle for lifelines

Former electrician turned mining tycoon Nathan Tinkler has issued a further bid for the remainder of Australia's Whitehaven Coal Ltd., following a 17% plunge in the company's shares since Tinkler's first offer for the company on June 13.

NPR profiles coal workers in Webster Springs in the aftermath of the big layoff by Arch Coal, that gave notice to 750 workers in the region.

South Africa's gold output continues to fall, dropping a further 2.9% in May. The last time the country's mines produced this little, the nation was still ruled by the Queen of England.

The Chinese economy logged 7.6% of growth in the second quarter, falling beneath the 8% threshold for the first time in three years, and hitting its lowest level since the first quarter of 2009, when the global financial crisis was still raging.

When it comes to buying gold, central banks have such a poor timing record that they're frequently joked about as a contrary indicator. Recently, they have been buying, quite literally, tonnes of it.

Glasgow residents could have a convenient and plentiful source of geothermal energy right beneath their feet, in the abandoned mineshafts and mining structures buried under the city’s streets.

Interior Secretary Ken Salazar has announced a proposal for the simultaneous development of oil, gas and potash in the southeast of New Mexico which could bring an end to long-standing legal wrangles over resource extraction, in a region which is host to the USA’s largest potash reserves.

Market pressure from high inventories and a flood of cheap overseas supply, as well as the lackluster performance of the Chinese economy were to blame for sending the average price to its lowest point in over two and a half years.

US Oil Sands (TSX-V:USO) gave up 20% on Thursday on nine times its usual trading volumes despite the lack of fresh news from the company.