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  • Hong Kong's Noble Group Launches Bid for Territory Resources
    News - 12 Jun 2011
    Hong Kong based commodities trader Noble Group has made a rival bid for Territory Resources, an iron ore mining company. Territory Resources is currently under a takeover bid from Exxaro Resources, a...
  • New Problems for Kingaroy Farmers
    News - 27 Apr 2011
    The farmers in Kingaroy barely had time to celebrate the end of Cougar Energy’s underground coal gasification attempt when they found out that the Queensland government had given its approval...
  • Upheaval in Zimbabwe Mining Industry
    News - 6 Apr 2011
    In Zimbabwe mining companies need to submit plans to surrender 51% of company ownership to black Zimbabweans over the next six months. The plans need to be submitted by May 9. The shares will be...
  • Highland Mining Receives Permit from U.S. Army Corps for Reylas Surface Mine
    News - 9 Mar 2011
    Highland Mining (Highland), a subsidiary of Massey Energy Company, has received a permit from the U.S. Army Corps of Engineers to commence work at its new Reylas Surface Mine in Logan County, West...
  • Rio Tinto Boss Says Carbon Tax Potentially Disastrous
    News - 7 Mar 2011
    David Peever, the managing director of Rio Tinto in Australia, has decried the proposed carbon tax as potentially disastrous. He said that the Carbon Pollution Reduction Scheme (CPRS) of Kevin Rudd...
  • South Africa Extends Ban on New Mining Permits
    News - 1 Mar 2011
    The South African ban on new mining permits may last longer than the originally planned six months. The Department of Mineral Resources had put a moratorium on new prospecting rights applications to...
  • Obama Proposes Hard Rock Mining Royalties
    News - 16 Feb 2011
    President Obama has submitted a new budget proposal to Congress that will charge royalties to mine some hard rock minerals. The budget proposes that new royalties on silver, gold and copper hard rock...
  • Russia's Largest Iron Ore Company Plans London Float
    News - 15 Feb 2011
    The largest iron ore producer in Russia is planning to sell 20% of its shares on the London Stock Exchange (LSE). This move of Metalloinvest will expect to value the company at £12.3 billion....
  • China Sees Record Gold Production
    News - 7 Feb 2011
    In China its not just coal and iron ore that are being produced and consumed in large quantities. In 2010 the country has also seen record gold production with 340 tons of gold being extracted. China...
  • Safety Shakedown for US Mining Industry
    News - 1 Feb 2011
    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. The Mine...

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