Canadian miners Petaquilla Minerals Ltd. (TSX:PTQ) and Inmet Mining Corp. (TSX:IMN) have been on the news in recent weeks as the companies locked horns over land rights near the Cobre Panama copper project, run by Inmet’s subsidiary Minera Panama.
Global diversified miner Xstrata Plc. (LON:XTA) confirmed Friday it has dismissed 400 of its workers who have been on an illegal strike at its South African mines.
Coal prices are set to receive a boost from the closure of small mines in China during the lead up to the 18th National Congress of the Chinese Communist Party, where the country's incumbent leadership will be succeeded replaced by a new administration.
The international resource sector faces rough waters ahead according to an industry insider who has just completed a round-the-world tour of key mining regions.
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