The Czech Republic might soon be creating an artificial sea in northern Bohemia by flooding the massive and partly abandoned brown coal mining pits located in the area with salt water from the Baltic Sea.
Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.
AngloGold Ashanti (NYSE:AU) was hit by the mining unrest spreading through South Africa again Tuesday night, as strikers halted all of its operations in the country, which account for 32% of the multinational's total gold production.
Australian iron ore stalwart Fortescue Metals (ASX:FMG) has signed an AUD$1.4 billion deal with Leighton Contractors which is set to raise output to 115 million tonnes by early 2013.
A bullion insider claims JP Morgan is accumulating huge volumes of physical gold and silver despite short positions against the precious metals on paper.
Preliminary studies by the Yilgarn Iron Producers Association (YIPA) assert that modest improvements to infrastructure could unleash the iron ore potential of the mineral-rich region of Western Australia.
The financial and legal difficulties of Nathan Tinkler could damage Whitehaven shares (ASX:WHC) due to expectations that the Australian mining magnate will dump his holdings in the fledgling coal miner.