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Global Mining News in real time

Venezuela on slow, unsteady path to private-sector rapprochement

By: Simon Rees With violent antigovernment demonstrations petering out and many of his leading opponents now muzzled, Venezuelan President Nicolás Maduro might be forgiven for thinking his administration is now on firmer ground. However, the underlying causes for the disturbances and dissatisfaction remain: the... 

Australia oil output at 40-year low

By: Esmarie Swanepoel Australian oil output has slumped to its lowest annual production in more than 40 years, energy economics group EnergyQuest reported this week. In its latest report card, EnergyQuest noted that the country’s oil output in 2013 dropped by 18.6% compared with the previous year, to 71.9-million... 

Proposal to limit oil, coal projects draws fire

African mining companies, governments of developing countries and international banks have expressed concern over a proposal that the World Bank restrict oil and coal projects to protect the environment, reports The New York Times. 

Decision this year on SA aluminium expansion

By: Martin Zhuwakinyu The recently-merged BHP Billiton group will decide on whether or not the planned expansion of its wholly-owned Hillside Aluminium smelter will be implemented before the end of the year, a senior company official tells Mining Weekly. 

Coal-boosted BHP Billiton accelerates oil and gas

Old King Coal has proved a merry soul for the newly-merged South African-linked BHP Billiton – but it’ll be its entire energy capability including oil and gas which will be made to accelerate going forward. Even the new logo is oily. 

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