- Like this? Subscribe to get instant updates. Well over 300 people crammed into a Kanawha County Courthouse earlier this week to discuss the $35 million coal slurry settlement with Alpha Natural Resources owned Massey Energy. The settlement was reached
-4.98%) Maharatna Coal India today said its profitability would be eroded by about Rs 2,000 crore per annum post enactment of new mines legislation which mandates coal miners to share 26% of their profits with project affected people. "It [new mines
Save accidents and training costs. Using simulators can create training and refresher course applications, serious situation exercises that allow operators to build skills in a practical and cost effective way, and, can also prove process designs. John Chadwick discovers this and more in this month's 'Spotlight Feature Article', from the October 2011 issue of the monthly global mining management magazine, International Mining.
Seven people were killed and one injured in a coal mine explosion in Central China's Hunan province Thursday evening, local work safety authorities said Friday. The explosion occurred at about 7 pm Thursday at the Qiyi Coal Mine in the city of Changning.
A draft law approved by the Indian cabinet today directs miners to share their profits with people displaced by mining. The Wall Street Journal reports that the law, which has been pending for over two years, would have mining companies pay a royalty to create a fund to help for those displaced by mining and related industries. Coal producers would pay a 26% tax on profits. A regulator has also been set up to monitor illegal mining and prosecute violators, in a direct response to recent scandals in the states of Karnataka and Goa respecting the illegal export of iron ore.
If you want to know the future, pay attention to the decisions European policymakers will have to make regarding debt, says Scott Gardner, chief investment officer at Verdmont Capital.
Fall officially began on September 21, but it's not just leaves that are cascading downward.
A new study shows that while mid-career attrition is affecting the entire mineral exploration sector, the trend is noticeably higher for women.
The misplaced belief that the road to economic prosperity is paved by near-term fiscal tightening, as espoused by our own Prime Minister Stephen Harper and British Prime Minister David Cameron last week, shows we have learned nothing from Herbert Hoover’s response to the Great Depression.
We agree with Professor Rogoff that Greece should have defaulted some time ago.