Australia rejects heritage listing for Tasmanian rainforest Australia Friday rejected a bid for blanket heritage listing of Tasmania's Tarkine rainforest, angering environmentalists who said it would allow mining and could threaten the Tasmanian devil.
Silicosis suit could crush S.Africa's gold mining sector Thousands of ex-gold miners suffering from silicosis have launched a class action suit in South Africa, in what could prove the final nail in the coffin of the country's battered but vital mining sector.
28 January 2013
Zinc hungry China asks Canada to back giant mine With zinc sources drying up and demand forecast to surge, resource hungry China is looking to Canada to approve two giant mines and close the gap -- but environmentalists and roving caribou stand in the way.
07 January 2013
Myanmar makes new mine protest arrests Myanmar authorities on Friday said they had made a fresh round of arrests over a spate of protests demanding apologies for a police crackdown on a rally at a Chinese-backed copper mine last month.
15 December 2012
Sierra Leoneans vote in high-stakes elections Sierra Leoneans voted Saturday in general elections as the west African country continues to recover from a brutal civil war while beginning to reap the benefits of a mining boom.
18 November 2012
BHP sells diamond assets for $500 million The world's largest miner BHP Billiton on Wednesday said it was exiting the diamond industry, selling its Canadian assets to retailer Harry Winston Diamond Corp. for US$500 million.
Rothschild mulls counter-bid in Bumi battle: report British financier Nathaniel Rothschild is mulling a bid for Bumi Plc coal assets to counter an offer by Indonesia's powerful Bakrie family, and has approached one of their rivals.
04 November 2012
Australia defends mining tax after 'zero earnings' Australian Treasurer Wayne Swan defended the government's mining profits tax Thursday after reports that no revenue had collected in the first quarter due to China-driven cooling in the sector.
25 October 2012
Gold mine evicts workers as S.African strikes spread A leading gold mine in South Africa started evicting thousands of its striking workers from company dormitories on Tuesday as work stoppages spread to more gold and platinum mines.
04 October 2012
S&P warns of little iron ore respite for miners Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.
03 October 2012
Xstrata, Glencore announce new deal for massive tie-up Swiss mining group Xstrata and commodities giant Glencore said on Monday they had agreed on new terms for their tie-up to create a massive company worth about 70 billion euros ($90 billion).
02 October 2012
BHP requests four more years for major mine plan Mining giant BHP Billiton on Thursday asked South Australia state for a 46-month extension to the approval of its Olympic Dam project expansion, which was shelved last month on cost concerns.
27 September 2012
Canada to stop opposing asbestos hazard listing Canada dropped Friday its longtime opposition to global restrictions on asbestos, dealing a blow to the country's dying mining industry of the fire-resistant substance.
15 September 2012
Mining magnate Rinehart says Australia 'too expensive' Mining tycoon Gina Rinehart on Wednesday warned Australia was becoming too expensive for multinational companies who could source workers for two dollars a day in Africa.
06 September 2012
Australian mining minister warns boom is 'over' Australia's Resources Minister declared the mining boom "over" following BHP Billiton's decision to delay the massive Olympic Dam project as commodities prices sag.
Guyana suspends gold, diamond mining permits The South American country of Guyana said Friday it had suspended the granting of new permits to mine for gold and diamonds in rivers because of concerns over widespread pollution.