July 21, 2012

No signs of the mining boom ending for Australia any time soon: studies

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an…

July 20, 2012

CoAL will need more capital to get Makhado project running, analyst says

Coal of Africa (CoAL) will require more capital to fund its Makhado coking coal project in South Africa’s Limpopo province, even after securing around $60 million of new debt and…

July 20, 2012

Has Peabody Energy become the perfect stock?

But Peabody has a big advantage over rivals Arch Coal (NYSE: ACI ) and Alpha Natural Resources (NYSE: ANR ) : it's profitable and should stay that way well into…

July 20, 2012

Colombian coal miners’ strike risks Glencore operation

Following a series of recent protests and other problems affecting mining companies with operations in Colombia, coal workers for the local unit of Glencore International went on strike late Thursday,…

July 20, 2012

Japanese investors edgy over Australian mining disputes

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…

July 19, 2012

Coal is down and petroleum products are way, way up: US rail traffic totals

Look no further than rail traffic totals to see that the US is ditching coal and embracing natural gas.

July 19, 2012

W.Va. Supreme Court must decide MSHA liability for fatal 2006 mine fire

MORGANTOWN — A federal appeals court said Tuesday the state Supreme Court should decide whether Mine Safety and Health Administration inspectors can be held liable for coal miners’ deaths, calling…

July 19, 2012

Depressed coal prices force job cuts at Rio Tinto’s mine

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.

July 19, 2012

Credit Suisse boosts mining division by luring Morgan Stanley’s top expert

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.

July 18, 2012

Australian ‘coal girl’ back in court for $30k because motel ejected her

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