September 8, 2012

Several coal blocks may be reallocated to Coal India

As the Inter Ministerial Group (IMG) on the allocation of coal blocks rounded up its three-day review meeting, reports suggested that a number of undeveloped blocks may be deallocated and…

September 8, 2012

Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover

The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.

September 7, 2012

Vote on Glencore-Xstrata merger delayed due to ‘developments overnight’

Glencore International (LSE:GLEN) has postponed its Friday shareholder meeting where voting would have taken place on its proposed $34 billion takeover of Xstrata (LSE:XTA).

September 7, 2012

Chinese demand to prop up Aussie mining boom for years to come

Australian trade minister Craig Emerson has said Chinese demand will continue to give support to the country's mining boom despite declines in export prices.

September 6, 2012

Anti-mining protests take a toll on Peru’s foreign investment

Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.

September 5, 2012

How long before the Earth’s bounty runs out – a future history

Scientific American provides a detailed, hypothetical response to the question which has no doubt crossed the mind of anyone involved with the mining sector - how long before the Earth's…

September 5, 2012

Colombian guerrilla attacks BHP coal mine

An alleged unit from the Revolutionary Armed Forces of Colombia, or FARC, blew up Tuesday heavy equipment at the Colombian coal mine Cerrejon, in the northern province of La Guajira,…

September 4, 2012

Rising costs and weak commodities imperil AUD$100 billion in scheduled projects

Rising labor and construction costs as well as declines in commodities prices have cast doubt on AUD$100 billion in mining and energy projects in Australia.

September 3, 2012

Giant female nude statue is made from coal waste

A reclining female nude made from waste rock from a closed coal mine was opened in England by Princess Anne on Monday.

September 3, 2012

Anti-coal activists abseil down the front of parliament

A group of protestors from anti-coal group Quit Coal have staged a dramatic protest in the Australian city of Melbourne today, abseiling down the front of the state parliament building…