BMA investment to create hundreds of jobs

Rio Tinto (LON:RIO) is looking to reduce costs at its Australia’s Clermont Coal Mine, in central Queensland's Bowen Basin, driven by falling coal prices.

Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.

"I know of women (prostitutes) who have bought Winnebagos and caravans – but even getting a booking at a caravan park is hard."

Australia's Ambre Energy is being sued by US partner Cloud Peak Energy (NYSE:CLD) for mismanagement of their shared Montana mine, as well as exceeding approved budgets and engaging in "self-dealing transactions"

Simply put, China has built too much, too quickly.

New oil reserves could also create new centres of power and in the context of a general oil rush in Central and East Africa, the lack of clearly defined borders, especially in the Great Lakes region, poses significant risk for maintaining regional stability.

Investor fears about mining stocks are misplaced especially if those companies are mining in Mongolia. The country home to the largest copper deposit and this Gold Report explains why there is potential for dozens more similar finds.

The Democratic Party which campaigned on sharing more of the spoils of mining with Mongolian citizens won the majority of seats while the junior partner in the new ruling coalition, the MPRP – led by a former president Nambaryn Enkhbayar – bases its whole doctrine on taking back foreign-owned mines.

This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s industry to increase its productivity and develop new technologies in order to remain competitive.