Rio Tinto to cut 14,000 jobs

The fire in job market is reaching Australia know. slow down in demand of almost all the commodity , and related impact on mining is forcing the Rio to fire 14000 employees.But unfortunately all effort to control...

Vale: The World's Largest Iron Ore Miner Laying off 1,300 Workers

" Vale (VALE5.SA: Quote, Profile, Research, Stock Buzz), the world's largest iron ore miner, said on Wednesday it is laying off 1,300 workers and putting 5,500 more on paid leave, the latest sign of Brazil's...

Indonesian shares higher in early trade on Wall St gains, PGN leads

Jakarta (ANTARA News) - Indonesian shares were higher in early trade Monday led by gas distributor Perusahaan Gas Negara, with gains on Wall Street Friday lifting sentiment. Miners like nickel producer Inco and tin miner Timah advanced on expectations metal prices will...

Indonesian shares outlook - Mixed ahead of central bank meeting

"Most economists polled by Thomson Financial are expecting Bank Indonesia to leave interest rates on hold tomorrow. They said the 75 basis point reduction in US interest rates in the past two months should give the Indonesian central bank greater leeway to reduce its key rate...

Singapore-listed Straits Asia to buy Indonesian coal mine

""This is a fantastic opportunity for Straits Asia to acquire a growing thermal coal mining business in the Kalimantan region, which is already similar in scope and operation to our Sebuku operation, also in Kalimantan," Straits Asia CEO Richard Ong was quoted by Thomson...

Gold miner trapped in northern Sask. mine

Just in from CBC News:"A mine rescue is underway in northern Saskatchewan after an industrial accident at a Claude Resources gold mine.The Saskatoon-based company said Wednesday an experienced miner was trapped...

Gold miner trapped in northern Sask. mine

Just in from CBC News:"A mine rescue is underway in northern Saskatchewan after an industrial accident at a Claude Resources gold mine.The Saskatoon-based company said Wednesday an experienced miner was trapped Tuesday afternoon at its Seabee mine, about 125 kilometres...

Cause of Death Infuriates Miners' Families

"AP - Autopsy findings indicating that three of five eastern Kentucky coal miners killed in an explosion died of carbon monoxide poisoning infuriated several family members still mourning their deaths."

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