October 3, 2012 Obama blasts Romney for ‘requiring’ miners to be in his ad 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,…
October 2, 2012 No end in sight for South African mining strikes 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…
October 2, 2012 The “boom” might be over but Kiwis still flock to Australia A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.
October 2, 2012 Beijing investor offers $100m to Coal of Africa for quarter of equity 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…
October 2, 2012 Leading investors disappointed with Xstrata’s takeover ‘on the cheap’ 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…
October 1, 2012 Glencore slammed with tax dodge accusations Glencore (LSX:GLEN) has been accused of dodging millions of pounds in tax through the use of complex derivatives to artificially reduce profits.
September 30, 2012 Finland has plans afoot to phase out coal Finland could become the first European country to end usage of coal in energy production.
September 30, 2012 Xstrata board endorses Glencore merger deal just shy of deadline Xstrata's board will recommend the merger of the company with fellow Swiss commodities giant Glencore.
September 29, 2012 U.S. Labor Department announces $1.15 million Crandall Canyon disaster settlement A settlement in the "tragedy that should have never happened" is awaiting final approval by a federal judge.
September 28, 2012 CoAL takes financial director to court over breaches of duties Coal of Africa Limited (CoAL) CEO John Wallington said that the company has initiated proceedings to take former financial director Blair Sergeant to court over breaches of duties by Sergeant…