Alpha Natural Resources has announced the closure of eight coal mines in Virginia and Pennsylvania as well as the reduction of its workforce by 1,200 heads.
BHP Billiton (ASX:BHP) head Marius Kloppers has topped a recent list of Australia's best-paid corporate bosses for 2011 yet inadequacies in reporting requirements means much CEO income remains undisclosed.
The halcyon decade that China's coal industry has enjoyed since 2002 market reforms has reached its terminus with a major dive in first half profits this year.
A belated rebalancing of the Chinese economy will lead to a collapse in commodities prices by 2015 according one of the West's leading experts on the PRC's economy.
Australia's resources minister, Martin Ferguson, has caused a stir with his assertion that the country's mining boom, one of the biggest drivers of its economic growth, is "over".
As he acknowledged, the state of the global economy has depr...
Peter Julian, Canada's natural resources critic, claims that the mining sector has lost jobs over the last 10 years and would like to right the resource sector by pushing it toward more value-added work.