Uranium’s rally built on supply cuts, looks overcooked for now: Russell

The London-based diversified miner wants to triple production of met coal in Australia over the next 8 years.

“The economics of some of these projects has changed,” he said. “I think for the next two years, 18 months perhaps, we will just wait and see how things develop.”

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

A delegation from the Australian state of Queensland will meet federal environment minister Tony Burke on Thursday to hammer out a deal on a massive coal project led by India's GVK and Hancock Prospecting after Burke halted the approval process.

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

Australian environment minister Tony Burke decided on Tuesday to "stop the clock" on Hancock Prospecting and GVK's Alpha coal project despite approval from the state of Queensland given last week.

Australia’s Queensland government has snubbed a United Nations report demanding Australia act to protect the Great Barrier Reef.

Canada-based Nautilus Minerals Inc. said its Solwara 1 underwater copper project could be delayed or even cancelled due to a dispute with Papua New Guinea over the mine ownership agreement.

The board of Norton Gold Fields (ASX:NGF) recommends that shareholders accept a A$212 million cash takeover from one of China's largest gold producers, Zijin Mining Group.