Coal’s resilience today will prove its ultimate downfall: Gadfly
For all the doom and gloom about the future of coal, the past two years have been a boom time for coal prices that's exceeded by their 2010 to 2012 peak.
Andrew "Twiggy" Forrest may face directorship ban following the overturning of an earlier court case by the Australian Federal Court Today proved to be a day of champagne followed by flat beer for the chief executive of Fortescue Metals Group Ltd (ASX:
The Australian miner said annual sales could fall by around a fifth as a result of the heavy flooding that in the country that affected some of its collieries Australian miner Macarthur Coal's annual sales could fall by around a fifth
“Worldwide, Canada, Australia, Brazil, and Chile will likely remain the best jurisdictions in which to invest in and develop mining projects. Each of these nations will likely continue to see economic growth and mining investment.” This comment comes from a report, 2011 Ranking of Countries for Mining Investment Where ‘Not to Invest’. Most of us will agree with the company’s statement “the mining industry is vital to the creation of wealth and prosperity in any country. Countries that stifle it with detrimental political, economic, financial, and regulatory policies should be challenged to make changes that are more accommodative to its success.”
Temporary suspension of Laverton (WA) mining operations due to cyclone-related rains Crescent Gold Limited (ASX: CRE, TSX: CRA) advises that as a safety precaution, it has temporarily suspended operations at the Company's wholly-owned Laverton Gold.
Colorado-based Connors Drilling and sister company, Sanderson Drilling of Western Australia have purchased the assets of the Surface Diamond Division of Swick Mining Services (ASX: SWK) of Australia.
Australia Business Reviews reports: Rio Tinto’s quest for world domination in the mining industry continues with its latest US$1.2 billion investments in […]
Georgina Rinehart is Australia’s wealthiest individual with an estimated net worth of $9 billion, according to Forbes list of Australia’s 40 Richest […]