China boosts coal mining capacity despite climate pledges

Australian winner of Booker Prize said the $80,000 award means he doesn't have to become a mine worker anymore.

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

Nobody likes taxes. However, when the super rich are stuck in forfeiting millions of dollars to taxes each year, they probably despise them even more than the average person.

SNL Energy provides its latest update on past and future coal unit retirements in the U.S. electric power sector. The analysis now includes more in-depth data on coal unit conversions to alternate fuels.

Welder at work.

The Guardian and ABC News led with the remarks in its coverage.

The US$3.4 billion project is expected to produce up to 5.5 million tonnes metallurgical coal per year and create 500 jobs in Queensland.

The sudden reversion to protectionism is designed to save the local coal industry.

It is unclear whether Mick Davis bid for all the assets that BHP ended up including in the new to-be listed firm.