Kumba brings in targeted dividend policy, flags SA rail issues

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to $26 billion over the next four years.

The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.

The latest indication of a rebound for the world's second largest economy as infrastructure spending picks up.

The international resource sector faces rough waters ahead according to an industry insider who has just completed a round-the-world tour of key mining regions.

South African police fired tear gas on Thursday to disperse a group of striking coal miners a day after security guards killed two workers that had tried to break into a locked mine-explosives armoury at Forbes & Manhattan Coal Corp. (TSX:FMC) operations.

$15 billion of investment in Labrador mining projects over the next decade may be jeopardized by the lack of energy sources unless alternatives, such as generating power from the Muskrat Falls, are put in place.

69,667 more Australians joined the mining industry from 2006 - 2011

BHP will in time set up similar facilities for its Queensland coal mines and at its Escondida copper mine in Chile.