Congress Party President Sonia Gandhi has begun a campaign against illegal mining in Karnataka, India and the state BJP Government. Describing such activities has a threat to the economy of the country and a way of life she asked for a Commission of Inquiry to be set up.
China's abyssal safety record in the mining industry has provoked Chinese mining officials to seek the help of safety experts from Australia's Hunter Valley region. On an average, 13 people die in mining incidents in China each day.
Goldbrook Venture Inc has announced that the company is ready to exploit the known resources of the Nunavik Nickel Project in Ungava in northern Quebec.
Bob Brown, Australian senator, and Parliamentary Leader of the Australian Greens, has proposed a bigger mining tax to fund education to the tune of an extra $2 billion to be pumped into public schools and universities.
In a reminder of just how fast things can fall apart in the business world CuDeCo (ASX:CDU), a Queensland based mining company saw half its market value drop in one day.
Woodside Petroleum (ASX:WPL), the Australian petroleum exploration and production company, has delayed its decision on the proposed expansion of the Pluto LNG project despite announcing a half yearly profit of nearly $1 billion.
Global steel company ArcelorMittal is now in talks with Chinese Wuhan Iron & Steel Group to develop overseas mining projects jointly to gain more raw material resources and reduce cost risks.
In a bid to provide better mining regulation and transparent functioning of government the Minerals Resources Minister of South Africa Susan Shabangu announced a new mining moratorium in Pretoria yesterday.
The bid made by BHP Billiton for Potash Corp. has put mergers and acquisitions back on the mining agenda. The fertilizer industry is set for substantial growth in the coming years and the mining giants around the world are making deals to benefit from this expected boom.
The global mining giant, BHP Billiton is keen on developing potash projects in Western Canada into a world class resources.
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