Chhattisgarh's battle with the Maoists is now affecting its mines. The Indian State of Chhattisgarh saw almost 40 armed Maoists open fire at an NMDC mining facility in Dantewada district. NMDC Ltd is India's larg...
By Joel Scanlon
12 Jul 2010
Is the global economic slowdown finally slowing down China? It would seem that way if you look at the decline in imports of iron ore and copper in the month of June from Australia.
Orica is looking to add new mining related acquisitions to the company portfolio as per Orica Chief Executive Officer Graeme Liebelt.
By Joel Scanlon
12 Jul 2010
BP says it's pleased with the progress being made in trying to contain the Gulf of Mexico oil leak with a new lower marine riser package (LMRP) containment cap over the Deepwater Horizon's failed blow-out preventer.
By Joel Scanlon
12 Jul 2010
BHP Billiton spokesperson Amanda Buckley said that the $20 billion Olympic Dam expansion plans remained on track with the original time table.
Clive Palmer, the mining magnate plans to construct a new coal loading facility north of Abbot Point in Queensland. The new facility will be able to handle 40 million tonnes a year. This would transform the area into one...
Sichuan Taifeng has received approval to increase its stake in IMX Resources (ASX:IXR). The Chinese company will also invest in a South Australian iron ore, copper and gold mine. The Foreign Investment Review Board has a...
By Joel Scanlon
12 Jul 2010
Change is coming to Williamsport Pennsylvania in the form of Marcellus Shale. The multi billion dollar bounty of natural gas which lies below the ground is going to make sure of that.
By Joel Scanlon
7 Jul 2010
The Energy and Environment Cabinet on Wednesday said that the West Kentucky underground coal mine which collapsed killing two miners did not have an adequate roof control plan. The mine was operated by Webster County Coa...
By Joel Scanlon
7 Jul 2010
Tony Hayward of CEO of BP is now trying to marshal new funds from the middle east. He is looking to the Gulf as a way to help pay for the cleanup operation of what is being called the worst oil spill in the history of th...
By Joel Scanlon
7 Jul 2010
Lonmin Plc (LON:LMI), the third largest and lowest cost producer of Platinum Group Metals (PGMs) has appointed Simon Scott as its new CFO.
Sundance Resources Ltd saw the final chapter in its recent tragedy written today as the bodies of the six Australian nationals were placed on a flight from the Congo to Australia.
The recent decision to scrap the proposed RSPT and the introduction of the revised MRRT has lead Swiss mining company Xstrata to restart work on the Wandoan Coal mine. The planned $6 billion coal mine including exploration activities are now back on track.
By Joel Scanlon
7 Jul 2010
Vancouver-based Taseko Mines (TSX: TKO, NYSE AMEX: TGB) awaits the British Columbia government’s approval for its proposed open pit mine. The CEO Russell Hallbauer predicted that the cabinet will have a decision on the proposed mining project after it reviewed the environmental threats.
Australia has recorded a trade surplus of $1.65 billion in May 2010 which was way beyond the predicted $500 million value. The large Australian trade surplus may well be reflective of the rise in commodity prices rather ...
By Joel Scanlon
7 Jul 2010