Japan utilities, Glencore set annual coal contract at $110/T

A domestic company will start working a coking coal block previously slated for development by foreign miners.

The controversial announcement comes on the eve of international talks about Iran's disputed nuclear program.

The first plant is expected to become operational by 2016.

Eight days shipping to North Asian markets

Kyrgyzstan has given Centerra Gold three months to redraw terms before ripping up an agreement to run its flagship Kumtor mine.

Plans to take control of Indonesian coal assets thwarted.

You can buy it out of superstition or ignore it because you are an atheist but you cannot buy it with an analytical foundation.

The gold miner logged a net loss of $68 million or $0.29 per share in Q4 2012, compared to net earnings of $79.4 million or $0.34 per common share for the same period in 2011.

China, Russia, Canada and Ghana increased their output.