Japanese investors are becoming increasingly anxious over industrial relations in the Australian mining sector, in the wake of a long-standing dispute involving Mitsubishi and BHP Queensland coal operations which has now entered its 19th month.
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.
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"
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.