Caterpillar hires former US Attorney General for help with probe

Africa's economic indicators are all pointing up, but executive pay packages and living arrangements for expatriates are changing too.

Vice President Joe Biden, campaigning in Ohio, got a frosty reception from a group of coal miners opposed to the Obama Administration's anti-coal stance.

While stricter environmental regulation is leading to plant closures the US has not stopped building coal-fired power plants.

“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”

Over the past decade, mining investment in Latin America has more than doubled, even after experiencing a sharp drop in 2009. According to a report by the Metals Economic Group, Latin America is now the primary destination for mining exploration investment in the world, with 25% of total investment going to Chile, Peru, Brazil, Colombia, Mexico and Argentina.

Brazil's Eike Fuhrken Batista is the world of mining's richest man and he's been on a roll this year – until Tuesday when $1,023,200,000 disappeared from his personal fortune.

A forest of fossils that is being compared to a "vegetational Pompeii" is under threat from coal mining, says a story in China Daily.

Brazilian tycoon Eike Batista just got richer. CCX, a division of the billionaire’s EBX Group energy arm MPX, announced it has completed a study of coal reserves in the San Juan underground mines in Colombia, discovering a 672 million tons reserve, the fifth largest coal deposit in the world.

India is not China when it comes to successful acquisitions of foreign mining companies, reports the Wall Street Journal.