Coal Top Stories

South Africa intends to suspend issuing mining rights

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.

Reuters | July 20, 2017 | 1:36 pm

Iron ore soars past $70 a tonne

Prices have climbed almost 7% since Monday and almost 32%…

Cecilia Jamasmie | July 19, 2017 | 3:55 am

BHP iron ore output hits new record but copper production tanks

World number one miner's Pilbara mines produce 268m tonnes for…

Frik Els | July 18, 2017 | 4:34 pm

Rio’s revised iron ore guidance pushes price to three-month high

From the recent low of $53.36 a tonne hit on…

Cecilia Jamasmie | July 18, 2017 | 7:52 am

Coal mine sold for less than $1 reopens, to reach full production by year-end

Blair Athol thermal coal mine, located in Queensland, Australia, had…

Cecilia Jamasmie | July 18, 2017 | 5:44 am

Macmahon expects gold to shore up company outlook

The CEO of Australia's Macmahon Holdings (ASX:MAH) expects gold to continue performing well despite the weak outlook for the mining sector in general.

Marc Howe | October 14, 2012 | 11:45 pm

Australian miners fire locals and import foreigners

While big miners such as BHP (NYSE:BHP), Xstrata (LON:XTA) and Vale (NYSE:VALE) continue to slash jobs across its operations in Australia, some companies are hiring more foreign workers to carry out their resources projects.

Cecilia Jamasmie | October 12, 2012 | 2:10 pm

15% of Queensland’s mining jobs to disappear in two years

Analysts say more coal jobs will be axed in the Australian tropical state of Queensland as the beleaguered resources sector continues to weather a barrage of adverse factors.

Marc Howe | October 12, 2012 | 5:53 am

South African gold miners reject wage offer

Striking gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers (NUM) said on Thursday, confirming mining companies’ fears of labour unrest lasting longer than expected.

Cecilia Jamasmie | October 11, 2012 | 2:04 pm

Up to 2,000 Chinese miners on their way to British Columbia to fill jobs Canadians can’t do safely

The full time workers follow $1.4 billion in Chinese funding for two coal projects in the northeast of the province because Canadians "just don't have the experience" to operate underground equipment safely.

Frik Els | October 10, 2012 | 7:13 pm

Xstrata begins coal job cuts in Australia

Xstrata Coal (LON:XTA) began to reduce its workforce across its Australian coal operations by firing its first 40 permanent employees out of the 600 announced cuts.

Cecilia Jamasmie | October 10, 2012 | 10:12 am

Stronger yuan will cheapen commodities for China: Leeb

Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.

Marc Howe | October 10, 2012 | 2:22 am

Tenders for coal, oil and gas rights trigger the ire of Queensland miners

The Queensland government's decision to auction licenses for oil, coal and gas exploration has triggered widespread complaint within the mining sector of the Australian tropical state.

Marc Howe | October 10, 2012 | 1:46 am

Rio to cut jobs on concerns over China slowdown

Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.

Marc Howe | October 9, 2012 | 11:37 pm

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