China's top workplace safety regulator, State Administration of Work Safety (SAWS), has introduced new national standards for safety technology used in coalmines.

Three miners died after a coal mine collapsed on Tuesday in northwest Shaanxi Province, according to the mine's operator. The accident occurred at 11:10 a.m. in the mine operated by Shaanxi Pubai Baishui Coal Mine Co. in Baishui.

North Korea Times At 3:37 a.m. EDT, shares in Lundin were up 2.5 percent at 31 Swedish krona, easing off earlier highs as the market dipped back after a recovery in early trade following days of heavy losses in the mining sector on the back of demand

Employees of POSCO walk near a sculpture with POSCO's logo at the company's headquarters in Seoul July 22, 2011. POSCO, the world's No. 3 steelmaker, met market expectations with a 17 percent fall in quarterly operating profit on Friday, hurt by firm raw

(Source: Fox Business) Dow Jones ) -- Brazilian iron ore miner MMX Mineracao e Metalicos SA (MMXM3.BR) and its shipping subsidiary PortX Operacoes Portuarias SA (PORTX3.BR) signed a preliminary 10-year accord with iron ore company Minerinvest Mineracao

Twenty-eight miners were still trapped underground Thursday while 63 others were rescued after a fire broke out in a coal mine in China's Shandong province Wednesday night, Xinhua reported. A total of 91 people were trapped after an air compression device located in a parking lot 255 metres underground caught fire at 6.45 p.m. Wednesday, a provincial government spokesman said.

Tokyo Electric Power Co. has agreed to buy Australian thermal coal from Xstrata PLC for 12 months retroactively starting July 1, at US$127.50 a metric ton, $2 lower than its April-March price. The price agreed between Xstrata and Tepco is often used as a benchmark for other Japanese utilities in their negotiations for Australian thermal coal.