News

Poland is to seek approval from the European Commission for its plan to extend state funding to some loss-making coal mines. The slump in coal prices, increase in production costs and sliding demand is affecting the financial health of...

Razrez Arshanovsky has announced the opening of its new coal mine in the Khakassia Republic of southern Siberia, Russia. Arshanovsky mine was previously is said to have faced opposition over pollution fears, threats to water and fish supplies and...

Chile's Supreme Court has declined to hear Barrick Gold’s (TSX, NYSE:ABX) appeal of a lower court's decision involving fines imposed on its now shelved $8.5 billion Pascua Lama gold-silver project by the country's environmental regulator, the company said....

SunCoke Energy is to implement a phased plan to scale-back its coal mining business in a bid to focus on its core competencies of processing and handling raw materials for industrial customers.   SunCoke Energy chairman and CEO Fritz...

Rio Tinto and BHP Billiton have received clearance from the US Congress to swap land with the government, allowing the companies to build a $6bn copper mine in Arizona.   The core of the legislation is exchanging 2,400 acres...

Wildcat Exploration and Doe Run Canadian Exploration have extended their Wildcat-Doe Run Canadian Exploration Alliance agreement beyond the initial two-year term.   Under the agreement, the companies will continue to work on the base metal discovery at the Island...

Mining company Strateco Resources has filed a C$189.9m ($190m) lawsuit against the Quebec Government, seeking damages for the loss of its investment in the Matoush project.   According to the company, the loss occurred due to wrongful actions by...