U.K.-listed Anglo Pacific PLC (APF.LN ) is a rare breed for a mining sector-focused company. It's primary business isn't running a mine or owning a deposit, but securing royalties from a mine's revenue stream and in turn providing long-term, secure revenue streams for its shareholders.
BHP Billiton Ltd. BHP -0.59% is pushing ahead with plans for a dedicated rail line linking one of its mines in eastern Australia and the country's most northerly coal port.
Walter Energy Inc. tempered its fourth-quarter earnings guidance and lowered its estimate of output for the year, pointing to production problems in Alabama and weak results from some new startup projects.
U.K.-listed London Mining PLC said Friday it has started production of high grade iron ore from its Sierra Leone Marampa project and expects to ship its first iron ore later this month.
Anglo American PLC , which last week bought the Oppenheimer family out of diamond producer De Beers, will not look to buy out minority shareholders in its other African mining operations, The Sunday Times reports, citing the company's chief executive officer.
Acute power shortages will continue in parts of China in the upcoming winter and spring seasons, particularly in the southern and central regions where most of the country’s hydropower power stations are located, an energy official told a press conference Saturday.
Cecil John Rhodes: Founder of the mining group De Beers; advocate for British colonialism; founder of the state of what is now modern-day Zimbabwe; and largely credited with establishing the diamond industry. At one point, De Beers controlled 90% of the
Shares of Arch Coal Inc. dropped Friday evening after the company cut its yearly earnings forecast, while Eastman Kodak Co. shares edged higher, but remained under a $1 each, following a plunge during the regular trading session.
