October 3, 2012

BHP suing union for $2.5 million

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…

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.