Dr. Cameron Chai

India Looks to Resolve 'No Go" Coal Issues

Iluka Resources Gets Massive Boost from BHP Royalties

Iluka Resources survived the global financial crisis on the basis of its mining royalties from BHP Billiton.

Cougar Energy to Challenge Coal Gasification Ban

Cougar Energy is trying to get the Queensland Government to reconsider the shutdown of its underground coal gasification site in Kingaroy.

New Look to Baffinland's Board

The Baffinland Iron Ore company has a set of new owners and several new faces on its board of directors. The company which was recently taken over by ArcelorMittal and Nunavut Iron Ore has seen five of its old board member resign. The board has also been increased in size from 9 to 11 members.

China's Zijin Mining Fines for Toxic Spill

China's Zijin Mining Group has been fined $4.6 million approximately for the toxic spill from its mine in the Fujian province last July.

Queensland Mining Exports Still Hampered by Adverse Weather

The coal mining industry in Australia is unlikely to return to full production any time soon with cyclones in North Queensland causing even more disruptions. The recent flooding in the state has resulted in the majority of coal mines operating at reduced capacity.

Coal Protestors Sued by Port Waratah Coal Services

Two large scale protests in Hunter Valley held last year will see almost 80 climate change activists in court. The Port Waratah Coal Services (PWCS) terminal in the Port of Newcastle was the scene of protests with people climbing onto the machinery and shutting down the coal loading facility for several hours.

Afghanistan Sitting on $3 Trillion Worth of Minerals

Wahidullah Shahrani, the Minister of Mines for Afghanistan, said that geologists have found mineral deposits worth $3 trillion in the country. These untapped mineral deposits have the potential to drive the economic growth of the nation and also solve its unemployment problem.

Weather Affects Vale's Shipments in Australia and Brazil

The rains in Australia and Brazil have played havoc with shipments for mining giant Vale with 600,000 tonnes of iron ore being delayed from Brazil and 500,000 tonnes of coal being delayed from Australia.

Tradegy at Colombian Coal Mine

La Preciosa coal mine located in north-eastern Colombia saw an explosion rip through it killing 17 miners. Six miners who survived had serious injuries and four more are missing in the mine, feared dead.