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NEWS Click on text to read news by category: General | Product | People | Worldwide

Rio Tinto Increases Support for Workers Affected by Family and Domestic Violence

August 30, 2017

Rio Tinto has introduced a package of initiatives designed to protect and support Australian employees affected by family and domestic violence. “Safety is our number one priority at Rio Tinto and one of our core values and we recognize keeping

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Glencore Planning to Sell Its Rolleston Coal Mine in Queensland

August 29, 2017

Glencore said on Monday it was looking to sell a second Australian coal mine, as part of the Swiss-based resource giant’s rethink on how it deploys capital as its reins in debt and commodities prices rise. Together with its Japanese

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Freeport to Cut Majority Stake in Grasberg Mine After Government Pressure, Indonesia

August 29, 2017

Indonesia is allowing Freeport-McMoRan to continue operating a giant gold and copper mine after the U.S. company agreed Tuesday to relinquish majority ownership of it. Indonesian Energy and Minerals Minister Ignasius Jonan told a news conference that Phoenix, Arizona-based Freeport-McMoRan

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Secretary of Energy Rick Perry Looks to Strike Energy Partnership Deal with Ukraine Main

August 28, 2017

Secretary of Energy Rick Perry will be leading a delegation to Ukraine next week to discuss boosting the energy partnership between both countries. “It is an honor to lead this delegation from the United States to the great country of

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Sydney Mines Heritage Society Museums Attract Tourists Worldwide, Australia

August 24, 2017

The Sydney Mines Heritage Society museums have something to offer everyone and tourists visiting the area are taking notice. The Sydney Mines Heritage Society has three museums, all featuring different things including heritage, sports and fossils. Stuart Critchley, curator for

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Coal India Management Rejects Wage Hike Demand from Union Workers

August 24, 2017

The Coal India management has not accepted wage hike demand of worker unions due to “financial constraints”, a trade union said today. Four central trade unions at the coal PSU had demanded “25 percent increase on gross wages as on

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Australian Coal Industry to Invest $255 Million in Research for Modern Coal Technology

August 24, 2017

The Australian coal industry is set to invest $255 million into research into modern, more efficient coal technology. Funding will be extended for the Coal21 fund — which develops and researches modern coal technology. Finances in part come from a

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North Korea Redirects Coal Exports from China to Evade Sanctions

August 22, 2017

After the suspension of North Korean coal imports by China, the major consumer of North Korean exports, in February, Pyongyang has found a market for its coal in other states, including Malaysia and Vietnam, the report said, as quoted by

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Coal to Iron Ore Gains Power Profit Rebound for BHP Billiton

August 22, 2017

A rebound in coal to iron ore powered a five-fold surge in profit for BHP Billiton Ltd. as it posted underlying earnings of $6.7 billion in the year through June, although the result missed estimates. Prices received for hard coking

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European Stocks Set to Snap Losing Streak as Miners Jump

August 22, 2017

European stocks pushed higher Tuesday, with advances in the basic resources sector poised to lead the market out of a three-session run of declines. The Stoxx Europe 600 index, bulked up by 0.6 percent to 374.82. All sectors rose, led

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