Britain’s Vedanta hit by up to $600 mln charge for Goa iron ore unit closure

Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid to USD$532 Million.

Australia's drilling industry is in the doldrums following a large-scale exodus of companies to Africa in pursuit of surveying projects.

Iron ore mines slated for development in Tasmania's Tarkine region could imperil the survival of the only robust Tasmanian devil population still left in the wild.

Two employees of India’s Jindal Steel and Power were arrested on Friday and equipment confiscated in Bolivia, after the company abandoned its $2.1 billion El-Mutun iron ore project five days ago.

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an annual average rate of 4.3%, reveals a study published Saturday.

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.

Look no further than rail traffic totals to see that the US is ditching coal and embracing natural gas.

Credit Suisse announced Wednesday it recruited David Hammond, the well-known mining banker from Morgan Stanley, to head up the mining and metals efforts of the Swiss bank worldwide.

A UK Labour MP has moved an “early day motion” in the House of Commons seeking a debate on mining in the Indian state of Goa, calling upon the British government to urge local authorities to address the issue as a matter of urgency.