Botswana is setting out to lower the fiscal burden on resources investors in a charm offensive that separates it from the mining jurisdictions that are currently looking to increase mining taxes.
Patriot Coal confirmed Monday what everyone already knew: the company is headed to bankruptcy, causing shares to implode in regular trading and continue to fall after hours.
Gina Rinehart's Hancock Prospecting is pouring $26 million to local training in the face of an increasing opposition to the company's workforce plans to hire foreign workers.
New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were officially adopted one year ago, but must keep up the momentum in order to maintain public confidence in their efforts.
Black lung disease, the common name for underground coal worker’s pneumoconiosis, is now linked to workers who take part in surface coal mining, according to an investigation by NPR News.
Australia's northern Queensland state plans to challenge the federal government's mining tax in the High Court, saying the tax unfairly discriminates against the resource-rich state, The Australian newspaper reported on Monday.
Colombian coal workers voted on Saturday to strike over pay and working conditions at the 3-million-tonne-per-year La Jagua mine of Glencore's Prodeco unit, a union said. Colombia is the world's fourth-largest coal exporter and Glencore's La Jagua - one of the mining concessions it owns in the nation - has some of the country's highest quality coal.
The BHP Billiton Mitsubishi Alliance, or BMA, and coal worker unions agreed to framework July 6 that would end an 18-month dispute and potentially keep fourth-quarter benchmark metallurgical coal prices from soaring.
China may be investing billions elsewhere to locate new mineral deposits, but Geologist Noel White believes there are huge discoveries yet to be unearthed within its borders.