Turkish mine disaster: Town under uprising lockdown, dozens arrested

An Australian coal company at loggerheads with a Brazilian-based partner over a central Queensland mine will seek damages in the Federal Court.

A shortage of large haul truck tyres is coming soon. Prices on the spot market have already topped $90,000 in some parts of the world, according to one recent article.

Strikes are looming in South Africa's gold and platinum sectors which could threaten global supplies at a time when commodity prices are red hot. South Africa's powerful National Union of Mineworkers (NUM) said on Wednesday wage talks with the country's main gold miners were deadlocked and it was preparing for a strike.

Gov. Pat Quinn has signed legislation that could lead to the construction of a new "clean coal" plant in Chicago that converts coal to natural gas. Quinn signed the bill Wednesday at the site of a former steel mill on Chicago's southeast side. Image of Gov. Pat Quinn is from Wikipedia

Reuters) - Opti Canada Inc , whose major asset is a stake in Nexen Inc's troubled Long Lake oil sands project in northern Alberta, filed for court protection from creditors on Wednesday as it agreed on a equity-for-debt swap with bondholders. Opti said

Gold prices hit a record $1,578.50 an ounce on Wednesday as concerns over the euro zone debt crisis deepened, and after minutes to the Federal Reserve's June meeting suggested some members were pondering the possible need for additional easing. Spot gold was bid at $1,572.99 an ounce at 1:03 p.m.

Fluor Corp said on Wednesday it won a contract from Quadra FNX Mining Ltd for work on its new Sierra Gorda copper and molybdenum project in Chile. Fluor said it booked $1 billion for the project in the Atacama Desert in the second quarter, and its work will include providing engineering, production and construction management services for the mine's processing plant.

Market sentiment buoyed as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone. Oil prices climbed with the front-month contract for WTI crude oil rising to 97.96 and the equivalent Brent

Federal authorities have shut down 12 mines in northern Mexico after inspections spurred by an accident last month that claimed the lives of 14 workers, the labor department said. Inspectors have already visited 41 of the 100 sites on their list, the department said in a statement.