Recent Articles

Rio axes staff but quiet on how many

Posted on December 9, 2012

Mining giant Rio Tinto has reduced the number of staff working at its regional headquarters in Melbourne, but refuses to say how many remain.

BHP cuts iron ore jobs

Posted on October 8, 2012

BHP Billiton's efforts to control costs in the face of weaker demand for key industrial commodities has shifted to cutting jobs at its Australian iron ore operations, the biggest driver of earnings for the world's largest mining company.

Fairfax partner wants nod for mining

Posted on September 2, 2012

FAIRFAX Media's new market research partner Futureye has become embroiled in a contentious mining development.

It's gold, silver and bronze for Rio's mine

Posted on July 1, 2012

Anna Wiley remembers stacks of white plastic buckets, each containing copper buttons, at Rio Tinto's Kennecott copper refinery.

Doubts on Xstrata's involvement

Posted on June 24, 2012

MINING industry-owned Wiggins Island Coal Export Terminal has selected four miners for its second-stage expansion.

New mines set to boost gold production

Posted on June 24, 2012

A combination of new mines and the recycling of old operations is tipped to end the recent trend of falling gold production.

Uranium focus as reactors restart

Posted on June 14, 2012

Budget 'must reveal' mining tax details

Posted on May 6, 2012

CLIME Asset Management founder John Abernethy has called on companies hit by the government's controversial mining tax to immediately disclose the financial impact on their business or face reprimands from the Australian Securities & Investments Commission.

Miner in a hole as project binned

Posted on April 1, 2012

A small-time Queensland resources company whose plans to mine the fertile farming soils of the state's Darling Downs region were rejected by the incoming state government is at risk of financial collapse.

Tin miners have success in the can

Posted on March 18, 2012

STAND by for a re-ranking of Australia's tin hopefuls. Peruvian mining giant Minsur recently put together a list of the world's top tin resources, China being No 1 with 60 per cent of the known tin.

Miners in ore at the prospects of unearthing uranium

Posted on February 19, 2012

For more than four decades, geologist Wolfgang Leyh has studied the broad landscape around Broken Hill in western NSW, searching for its buried riches. Too many of his colleagues, he thinks, spend their days behind computers.

'To buy gold or not to buy gold That is the question'

Posted on February 12, 2012

Former investment bank Mark Carnegie says gold would be a good hedge Source: The Australian TO buy gold or not to buy gold? That is the question. That may depend on how optimistic you are about the world economy emerging unscathed from its current…

Chinese on a bullion binge

Posted on February 5, 2012

Over the past month they've been impossible to miss. On billboards across Hong Kong, throughout its subway network and all over its buses have been huge advertisements for little gold dragons.

Newmont Mining finds two suitors for coal tenements

Posted on February 2, 2012

Gold miner Newmont Mining is putting a final polish to the sale of its Queensland coal assets, with two overseas suitors vying for a resource estimated at more than 1.2 billion tonnes of thermal coal.

South African coal glow grows

Posted on January 22, 2012

THE glow around South African coal is growing brighter for one Aussie miner. ASX-listed Universal Coal has begun talks with Chinese and Indian groups following approaches to invest in its Berenice-Cygnus coking coal project close to South Africas borde…

Boom to supply BHP's Olympic Dam

Posted on January 17, 2012

BOOM Logistics has been nominated as supplier of cranes and related services to BHP Billiton's Olympic Dam project.

New row looming over MRRT

Posted on January 8, 2012

Australia's peak mining industry body has set the scene for a renewed debate on the mining tax, arguing the sector has not agreed to a minimum amount of revenue to be raised from the controversial scheme.

Gold rises on Iran concerns

Posted on January 4, 2012

Gold futures rose for a third consecutive session this morning, overcoming pressure from a stronger US dollar as investors moved to the metal as a safe-harbour from political tensions over a potential oil embargo targeting Iran. The most actively trade…

Iron ore and copper are looking solid in what may be a good year for commodities

Posted on January 1, 2012

This year is shaping up well for commodities that dictate the share prices of the nation's miners, as unsustainably low steel production in China and a dearth of new copper production point to potential price gains for iron ore and copper.

Asciano in Rio coal-haul deal

Posted on December 22, 2011

Asciano today said it had agreed to a new 10-year deal to haul a combined 8.5 million tonnes of coal annually from two mines owned by Rio Tinto in Queensland.

Locals lead the way in tin mining

Posted on December 11, 2011

AUSTRALIA could be the main source of new tin mine production in the next five years.

Occupy protesters take Xstrata building

Posted on December 1, 2011

Activists from the Occupy London anti-capitalist movement have stormed a building housing the mining giant Xstrata, targeting its chief executive.

Uranium bombs despite India move

Posted on November 20, 2011

YOU couldn't even call it a boomlet. It was more like a ripple on a lake, and lasted about as long.

Rare-earths miner yet to hit paydirt

Posted on November 20, 2011

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Pencil in some great graphite buys

Posted on November 6, 2011

Call us old-fashioned, but it's good to see a battling junior get a break for a change. Back in the heady days of 2007, Syrah Resources (SYR) floated with a handful of early-stage exploration projects.

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