Luxembourg becomes first European country to pass space mining law

Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining industry, falling commodity prices and concerns over China.

BHP Billiton Mitsubishi Alliance is suing Queensland's most powerful mining union for almost $2.5 million to counteract the unlawful work stoppages that have affected BHP’s subsidiary in the last few years.

While Republican candidate Mitt Romney slams Barack Obama's policies as bad for coal, the President has taken a more personal approach. Not only he went after Romney ‘s business record, but he has also denounced his opponent's use of unpaid coal miners in his campaign through a provocative TV ad.

Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold Ashanti (NYSE:AU) have hardened their stance on strikers.

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.

A subsidiary of Beijing Haohua Energy Resource has offered Coal of Africa $100 million in equity funding following Exxaro's decision to refrain from exercising options for a stake in the South African miner's Makhado coal project.

Leading investors in Swiss commodities giant Xstrata (LSE:XSTA) have expressed their disappointment and frustration at the board's recommendation of a merger with Glencore (LSE:GLEN) for what they believe to be a takeover "on the cheap."

Glencore (LSX:GLEN) has been accused of dodging millions of pounds in tax through the use of complex derivatives to artificially reduce profits.