Swiss mining giant Xstrata has had a good year and its record production figures for last year support that claim. CEO Mick Davis is naturally pleased with the results, with increased production in coking coal, semi-soft coking coal, nickel and refined nickel leading the way. The company also saw increases in mined copper, lead in concentrate and ferrochrome.
The Indian Prime Minster Mr Manmohan Singh announced a Group of Ministers (GoM) headed by Finance Minister Pranab Mukherjee to resolve the “no go” areas in the coal blocks.
The decision was applauded by t...
Cougar Energy is trying to get the Queensland Government to reconsider the shutdown of its underground coal gasification site in Kingaroy.
Colombia lost five mine workers as a result of a gas explosion in a mine in the central province of Cundinamarca. A sixth miner was injured in the blast which came shortly after the Colombian government promised to look over safety measures to prevent such tragedies which have become the norm of late in the country.
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.
The US mining industry can expect a bit of a shakedown as the mining regulatory agency proposes a new rule that will help to close down mines with health and safety violations faster.
Chevron Corporation is gearing up to quit coal mining. The petroleum giant is actively looking for a buyer for its open pit mine located out of Kemmerer in western Wyoming.
POSCO, The Pohang Iron and Steel Company, (KRX: 005490) (NYSE: PKX) (TYO: 5412 ) (LSE: PIDD), based in Pohang, South Korea, is taking on African partners to help push forth its development of natural resources in the region.
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.
The 29 miners who died in the explosion at the Pike River Coal mine in New Zealand have brought forth a number of issues. An inquest was conducted to give families of the miners death certificates and the coroner has concluded that there was probably no hope of rescuing the miners at all.
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