A lot more automation, a lot less humans to hit the mining industry

Only behind behind Canada and Australia.

BHP’s decision to use a 100% fly-in fly-out (FIFO) workforce at its Australian Bowen Basin coal mines, instead of hiring from the local community, is generating fierce opposition in Central Queensland.

The unconfirmed news came as a surprise for analysts as Fegel was reconfirmed in the post only weeks ago.

He says the central bank's easy-money policies are still necessary.

It reached $7,525, its highest level since April 12.

Tanzania’s main diamond mine, Williamson, has a potential mine life of over 50 years, although the current mine plan only accounts for 18 years.

Group expects 2013 to be year in which “the death bells ring for the commodity supercycle after its duly noted sunset.”

Increasing interest in diamonds as an asset class should alert the savvy investor to get on board before the idea of diamond investing catches on and prices start to rise.

Some endangered species, including insects that had been presumed extinct, were found thriving in the ash heaps at coal-fired power plants.