MINING.COM

Appalachian coal fights for survival

Coal mining in Appalachia has survived deadly explosions, the Great Depression and the country’s largest armed insurrection since the Civil War. The latest threat is booming shale-gas production.

Financial Post | March 21, 2012 | 7:09 pm

Australia’s mining boom to generate $225 billion in exports by 2017

Australia's resources and energy commodity export earnings will continue to grow over the medium term to reach a record $225 billion in 2016-17, said today the Bureau of Resources and Energy Economics (BREE).

Cecilia Jamasmie | March 21, 2012 | 5:40 pm

Anglo looking for new coal assets

Anglo American is looking for thermal coal assets in Australia and Indonesia, especially as prices of potential targets have come down, the head of its thermal coal unit said in an interview.

Business Report | March 20, 2012 | 7:20 pm

CIA trying to kill Australian coal industry, says Palmer

The U.S. Central Intelligence Agency has been accused of involvement in coups and insurrections throughout history, but now an Australian mining tycoon is accusing the CIA of trying to sabotage the Australian coal industry.

Andrew Topf | March 20, 2012 | 7:01 pm

Heavy rainfall disrupts coking coal mining in Australia’s Queensland

Heavy rainfall in the last 48 hours has caused significant disruption at several coking coal mines in the Moranbah region of the Bowen Basin, in Australia's Queensland, market sources said Tuesday.

Platts | March 20, 2012 | 6:35 pm

Billions hacked off mining majors after BHP’s China comments

"The big infrastructure build clearly will come to some end," Ian Ashby, BHP's chief of iron ore said on Tuesday.

Frik Els | March 20, 2012 | 4:54 pm

Australia’s controversial coal and iron mining tax passes the Senate

The Australian Senate approved today a mining legislation that imposes a 30% tax on coal and iron ore miners, allowing the government to take a larger part of profits from a mining boom pushed by Chinese and Indian demand for raw materials.

Cecilia Jamasmie | March 19, 2012 | 12:54 pm

Rio Tinto still bullish on China growth

Mr Tom Albanese CEO of Rio Tinto as saying that company has shrugged off concerns about a slow down in Chinese demand for commodities, reiterating its faith in the Asian superpower's industrialization.

Steel Guru | March 18, 2012 | 10:35 am

Korea Resources wants at least 10% of world’s largest met coal deposit

State-run Korea Resources Corp. (KORES) is planning to invest at least US$532 million (600 billion won) in mining projects abroad this yea, particularly in the coal sector of Indonesia and North America, reports Bloomberg.

Cecilia Jamasmie | March 16, 2012 | 1:34 pm

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