Rio Tinto defers former CEO Walsh bonus over Guinea scandal

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

The federal government gives just over $4 billion in direct subsidies to mining companies each year, mainly in the form of cheap fuel and tax breaks for building roads and railways, according to a report by the Australia Institute think tank.

Three weeks after SouthGobi Resources' $925 million deal with Chalco, the Government of Mongolia told SouthGobi that it had to suspend exploration and mining activity on certain licenses.

While Silicon Valley maybe a center of the environmental activism, Greenpeace issued a report on Tuesday accusing IT companies of setting up data centers in the eastern United States where power is cheaper and dirtier.

Anglo American (LON:AAL) and Xstrata (LON:XTA) coal mines are among the four operations being investigated over probable environmental violations, after they were accused of discharging contaminated water into the Fitzroy River, located in the North East state of Queensland, Australia.

MINING.com counts more than 90 billionaires involved in minerals, metals and mining on the planet with a combined wealth of well over $300 billion.

The very survival of Britain?s coal mining industry depends on the success of a massive restructuring of UK Coal, which is to be announced in the next fortnight.

China, the world's biggest consumer of coal, said that the gross domestic product came in at 8.1% in the first quarter, the lowest figure in three years.

The Minerals Council of Australia (MCA) resumed today an ad campaign initially launched in July last year, attacking alleged hikes on the federal government's mining and carbon taxes.