MINING.COM

Obamacare ruling means little known black lung provision survives

The dramatic announcement that the president's signature achievement, the Affordable Health Care Act, is constitutional also means that benefits for black lung victims will stay put.

Michael Allan McCrae | June 28, 2012 | 7:50 pm

Glencore ‘ready to pull’ Xstrata merger

While both Davis and Glencore CEO Ivan Glasenberg would suffer blows to their reputations as dealmakers if the merger should collapse other parties stand to lose more.

Frik Els | June 27, 2012 | 7:41 pm

2012 survey of Canadian mine wages

Fifty-six mines across Canada provided data on wages paid in 2011. Thirty-four are union mines; and twenty-two non-union. Forty-five reported increased wages while eleven made no changes. None decreased wages.

Jack Caldwell | June 27, 2012 | 6:05 pm

Surprisingly upbeat outlook from Peabody ignites US coal stocks

The US coal industry bellwether – leading a surge in coal counters on Wednesday – sees accelerating China coal imports and signs of stabilizing US coal supply-demand fundamentals.

Frik Els | June 27, 2012 | 5:22 pm

Glencore ponders changes to Xstrata deal as major shareholder demands better terms

Commodities trader Glencore International is studying modifications to its $26 billion bid for miner Xstrata after Qatar's sovereign wealth fund, a key shareholder, unexpectedly opposed the deal's terms.

Cecilia Jamasmie | June 27, 2012 | 1:57 pm

Bashed billionaires: Lakshmi Mittal is mining’s biggest loser

Firstpost reports after a 5% salary increase Lakshmi Mittal took home $1.74 million last year working as the CEO of ArcelorMittal. The […]

Frik Els | June 26, 2012 | 10:24 pm

Glencore-Xstrata deal ‘on the verge of collapse’ after Qatar withdraws support

Qatar's about-turn means that more than 25% of shareholders eligible to vote at the 12 July meeting are now against the deal’s current terms.

Frik Els | June 26, 2012 | 8:22 pm

Mongolian coal mining stops, drops and …

Mongolian Mining Corp hit a record low today as investors looked at the likelihood of more restrictive investment policies to be implemented after Mongolia's parliamentary elections this week.

Joshua Zapf | June 26, 2012 | 6:31 pm

Teck receives regulatory approval for renewal of share buy-back program

Teck Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been informed that the Toronto Stock Exchange (TSX) has accepted Teck's notice of intention to make a normal course issuer bid to purchase its Class B subordinate voting shares.

Marketwire - Mining and Metals | June 25, 2012 | 11:54 pm

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Dozens trapped, two killed in Iranian coal mine explosion

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