MINING.COM

Qatar sees Glencore/Xstrata merger positively

Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International (LON:GLEN).

Cecilia Jamasmie | October 15, 2012 | 2:18 pm

Queensland coal miners blame retrenchments on royalty hikes

A survey of Queensland's coal miners reveals that new royalty hikes have compelled many to pursue cost cuts and implement worker retrenchments.

Marc Howe | October 15, 2012 | 2:06 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

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Indian billionaire Agarwal to be Anglo American’s top shareholder

BHP’s shareholders to vote whether firm should leave Australia’s top mining lobby group

Rio Tinto’s chief financial officer Chris Lynch to retire in 2018

The $10 trillion mineral resources North Korea can’t tap

Canada’s Donkin coal mine begins processing ore on site

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