According to the Australian Bureau of Agricultural and Resource Economics (ABARE), next financial year is going to be boom time for the miners. ABARE expects the mining and energy exports to come to about $170 billion in...
Patriot Coal, based in St. Louis, plans to permanently close a valuable coal mine in West Virginia. The mine in question is Harris No.1 min near Wharton. The operations were suspended last week after a cave in damaged th...
Australian Prime Minster Kevin Rudd is seeing the new agreements signed with China in Canberra yesterday as a way at getting back at those criticizing the RSPT. Of the 10 agreements signed 7 related to the resources and energy sector.
In a tragic accident for the Sundance Resources mining company the aircraft which crashed into dense forests in Africa had no survivors. The Perth based company lost its chairman, managing director and CEO, company secretary and three directors. There were a total of 11 people on board.
Xstrata has suspended its multi billion dollar project in the Surat Basin in central Queensland. The $186 million worth expenditure was to be used to develop the $6 billion Wandon thermal coal project located south west of Gladstone.
Aquila Resources Ltd and Brazilian mining giant Vale's subsidiary Bowen Central Coal finding it difficult to reach common ground to work together over Eagle Downs.
The six year contract won by Leighton Asia is estimated to be worth $1.1billion. It involves expanding the mining services in MSJ coal mine in Indonesia for PT Mahakam Sumber Jaya.
The republic of Mongolia is currently being wooed by the London Stock exchange, Hong Kong Exchanges and Clearings, and Nasdaq. The issue is the listing of Mongolian Mining Companies. The estimated mineral wealth of Mongolia is said to be vast despite limited exploration in the country.
Asciano Group has signed a 10 year coal hauling contract with the mining company Anglo American. The deal is set to generate revenues of more than $775 million.
The Mine Safety and Health Administration (MSHA) removed Stephen Gigliotti from an internal review team on Thursday which was investigating the government actions prior to the April explosion at a Massey Energy Co. mine ...