MINING.COM

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

Resource nationalism assumes more insidious forms

Tactics shift from frank expropriation of assets to increased royalties and stricter procurement requirements

Marc Howe | December 21, 2012 | 3:55 am

Southern parvenu seizes control of New York Stock Exchange

Metals and energy trader clinches historic deal with NYSE Euronext.

Marc Howe | December 21, 2012 | 12:01 am

A coal factsheet for the future

Here are some of the other startling highlights from the IEA’s Medium-Term Coal Market Report 2012 Factsheet.

Joshua Zapf | December 20, 2012 | 6:58 pm

Despite 2012 commodities slump emerging market demand set to fuel higher, more volatile prices

"In a resource-constrained world, value creation moves towards the owners of resources" is the conclusion of a new report from McKinsey

Marc Howe | December 20, 2012 | 5:09 am

Finally – a definitive online source for malfunctioning mining machinery porn

The Mining Mayhem blog aspires to be the definitive resource for photos in the genre

Marc Howe | December 20, 2012 | 3:32 am

CoalSpur obtains USD$300mn senior debt facility from EIG Global Energy

VIsta Coal Project has potential to become largest export thermal coal mine in North America

Marc Howe | December 20, 2012 | 2:21 am

Chinese coal giant’s goliath mine in Queensland to dwarf regional peers

AUD$5bn development will export four times more coal than the largest mine in Central Queensland at present

Marc Howe | December 20, 2012 | 1:55 am

Canadian miner won’t replace Chinese workers until 2026

HD Mining, the Vancouver-based company that in early October sparked controversy and legal actions with its plan to bring up to 2,000 Chinese miners for its proposed $300 million coal mine, won’t replace all of its foreign workers by Canadians at least until 2026.

Cecilia Jamasmie | December 19, 2012 | 2:33 pm

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Glencore, Apollo Are said to bid for Rio’s last coal assets

BHP says likely to quit global coal lobby group

Iron ore, coking coal prices are soaring

Satellites are reshaping how traders track earthly commodities

Coal’s fading crown to get Indian polish as demand stagnates

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