MINING.COM

Indonesia jumps on the mining exports tax wagon

Indonesia has decided to have its mining cake and eat it too, as the country, one of the world’s largest exporters of copper and coal, will start imposing a 20% tax on mining exports beginning next week.

Cecilia Jamasmie | May 3, 2012 | 2:38 pm

Report: Mongolia going the way of Zimbabwe with mandatory state control of foreign miners

Draft legislation, a copy of which was seen by the Financial Times on Wednesday, gave "the clearest sign yet that Mongolia is uncomfortable with the large foreign investments that have so far been a mainstay of economic growth."

Frik Els | May 2, 2012 | 11:57 pm

Colombia to spend nearly $1.3 billion in coal-related ports expansions

Colombia’s leading coal producers are increasing investments dramatically to improve and expand their ports, in what is considered a key move for rising coal production in the country to 120 million tons within by 2014.

Cecilia Jamasmie | May 2, 2012 | 6:06 pm

Arch Coal’s Q1 plummets from $55.6 million a year ago to just $1.2 million

Blaming severe weakness in U.S. thermal coal markets, Arch Coal, Inc. (NYSE: ACI) today reported first quarter 2012 net income of $1.2 million, or $0.01 per diluted share, compared with net income of $55.6 million, or $0.34 per diluted share, in the prior-year period.

Michael Allan McCrae | May 1, 2012 | 6:40 pm

Xstrata copper production down, but Q1 financial performance solid

Anglo-Swiss Xstrata Plc. (LON:XTA) reported today mixed production results for its first quarter, with copper production declining 18%, but said operating and financial performance remains strong.

Cecilia Jamasmie | May 1, 2012 | 2:01 pm

Fascinating video: growth of shipping around the globe over the past 250 years

Cool.

Michael Allan McCrae | April 30, 2012 | 7:53 pm

Greenpeace puns iCoal, but the group may have its numbers wrong

Greenpeace recently published a new ad on YouTube that takes a swipe at Apple's reliance on coal to power its cloud computing services, however the environmental organization may have goofed when compiling its figures.

Michael Allan McCrae | April 30, 2012 | 5:51 pm

The solar sector in India will boom because the government is incompetent: GigaOMtech

GigaOMtech predicts that the solar sector will do very well in India because the government is heavily involved in the coal and the oil and gas sector.

Michael Allan McCrae | April 30, 2012 | 4:49 pm

A significant paradigm shift in public activism

There has been a significant paradigm shift in public activism in Canada and a growing hostility toward mining and dogmatic opposition by environmentalists and social action groups toward virtually all mining and energy projects.

Davies Public Affairs | April 29, 2012 | 9:31 pm

First

Last

Polemic Carmichael coal project in Australia to get going as early as August

Coal mine in Germany turns into hydroelectric battery

Caterpillar hires former US Attorney General for help with probe

Exploration spending in Australia finally on its way up

Eastern Canada now the preferred mineral exploration investment destination

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