The Prime Minster of New Zealand announced that NZ$3.5 million would be contributed by the government to Greymouth events centre as a tribute to miners who died at Pike River.
The Australian Center for Corporate Social Responsibility said that a long-term commitment will be needed to improve the industry's relationship with the community in Upper Hunter Valley.
Whitehaven Coal Ltd is an Australian coal mining company that put itself up for sale last October. Whitehaven says that a number of parties have submitted formal proposals for the company and it is now in discussion with a number of these parties to determine which proposal is likely to be recommended by the board of directors.
Indian Environment Minister Jairam Ramesh has agreed to consider approval of proposed mining projects that had obtained the stage 1 forest clearance before 2010. This was after immense pressure was brought about by the coal ministry and the ministries of power and steel. He also ruled out reviewing the classification of ‘No Go’ areas for coal mining.
Hunter Valley residents have decided to take on the New South Wales Lands Minister Ashton Coal and White Mining. Residents of Camberwell , an Upper Hunter Valley village have decided to legally fight the state government over the decision to revoke control of the local common.
Rio Tinto has now amassed a 49.53% stake in Riversdale Mining. The increased offer of $16.50 per share has helped them gain support for a takeover by the Riversdale Mining board in the absence of a superior offer.
In Zimbabwe mining companies need to submit plans to surrender 51% of company ownership to black Zimbabweans over the next six months.
Tony Abbott the Federal Opposition leader said that he would not support a moratorium on coal seam gas exploration in New South Wales till he was persuaded that miners were playing fast and loose with the environment. This was in response to the indigenous group that is gearing up for a fight against coal seam gas in the state.
Teck Resources Limited has reached a tentative agreement with union negotiators to end a two month strike in the Elkview metallurgical coal mine. Located in western Canada the Teck Resources owned mine is the largest of the six coal mines owned by the company.
Coal in northeast British Columbia has attracted the attention of a consortium of Chinese investors. The Chinese group hopes to develop three underground coal mines in the area to help secure the key raw material it needs for its steel industry. The ambitious project would cost U.S.$1 billion and create about 6,000 jobs directly and indirectly associated with the mines.
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