Vale: ‘Several years’ to recover from Brazil mine disaster

Thomas Mulcair, a leading light in Canada's New Democratic Party and the man most likely to become the Opposition Leader when the party votes next Saturday, appears to be moderating his stance on the Alberta oilsands.

Anglo American is looking for thermal coal assets in Australia and Indonesia, especially as prices of potential targets have come down, the head of its thermal coal unit said in an interview.

The U.S. Central Intelligence Agency has been accused of involvement in coups and insurrections throughout history, but now an Australian mining tycoon is accusing the CIA of trying to sabotage the Australian coal industry.

Heavy rainfall in the last 48 hours has caused significant disruption at several coking coal mines in the Moranbah region of the Bowen Basin, in Australia's Queensland, market sources said Tuesday.

"The big infrastructure build clearly will come to some end," Ian Ashby, BHP's chief of iron ore said on Tuesday.

The Australian Senate approved today a mining legislation that imposes a 30% tax on coal and iron ore miners, allowing the government to take a larger part of profits from a mining boom pushed by Chinese and Indian demand for raw materials.

Rex Murphy takes his Sunday morning talk show, CBC Radio’s Cross Country Checkup, to Fort McMurray.

Thorium, a touted alternative to uranium energy, may get an entirely different push to broader usage: scientist trying to come up with a technology that could power a future moon colony.

Mr Tom Albanese CEO of Rio Tinto as saying that company has shrugged off concerns about a slow down in Chinese demand for commodities, reiterating its faith in the Asian superpower's industrialization.