South Africa took a step closer on Thursday to create a standalone mining company that will take charge of the government's role in the country's rich resources and with ambitions of becoming involved in the continent's mining sector.
Xstrata's relentless appetite for coal, particularly the metallurgical variety, was again evident on Thursday after it bought Talisman's Peace River deposit for $500 million.
Mongolia's plans, first mooted in 2010, to sell a stake in its Erdenes Tavan Tolgoi coal-mining company to the public faces more delays over politics and regulatory problems while talks with companies to developed the western block of the largest coking coal deposit on the globe are also on ice.
BHP Billiton would not be willing to negotiate with the unions on strike at its coal mines in Australia and had said the battle is "likely to get tougher before it's over", an e-mail published by ABC’s PM reveals.
Dr. Guido Bartels, chairman of the Global Smart Grid Federation, told Israeli business publication Globes that an investment in smart meter technology can't be avoided, otherwise electricity prices will skyrocket.
Indonesia will take more of the profits from its vast mineral resources by limiting foreign ownership of mines in a move likely to scare off new investment in the world's top exporter of thermal coal and tin.
The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with.
Ivan Glasenberg, CEO of Glencore International stands to receive dividends worth roughly $110 million on Monday when the commodities giant announces its maiden full-year payment to shareholders.