MINING.COM

The greatest mining flameouts of 2012

The notable flops, failures and flameouts of the year.

Frik Els | December 24, 2012 | 2:40 am

Mining costs soar as productivity languishes, superfluous staff proliferate

Excess sub-contractors and outdated construction techniques lead to cost blowouts and project delays

Marc Howe | December 23, 2012 | 11:48 pm

What energy independence? How the US oil boom has been oversold

A negative feedback loop is already in play in the fracking business.

Oilprice.com | December 22, 2012 | 11:05 pm

Teck Resources coal sales to exceed prior outlook

Shares in Canada’s Teck Resources (TSX:TCK.B) (NYSE:TCK) climbed slightly Friday after the company announced that coal sales for the fourth quarter are expected to top its prior outlook of 6.2 million tonnes.

Cecilia Jamasmie | December 21, 2012 | 7:22 pm

Chinese thermal coal imports jump 30% to record high as Beijing ends domestic price caps

After a 32% decline in steam coal prices since January, things are looking up for 2013.

Frik Els | December 21, 2012 | 7:09 pm

South Africa won’t nationalize its mines, but taxes go up

After years of debate, South Africa’s ruling party African National Congress rejected Thursday plans to nationalize the country’s mining sector, but voted in favour of higher taxes in the world’s main producer of platinum and chrome.

Cecilia Jamasmie | December 21, 2012 | 5:44 pm