Australia

Great Barrier reef escapes in-danger listing from UNESCO

Michael Allan McCrae | July 5, 2015
great barrier reef

Lobbying from the Australian Government

Iron ore hits four-month low

Cecilia Jamasmie | July 3, 2015
Iron ore drops to four-month low

As fresh reports provided further evidence of a slowing Chinese economic and consequently increasing stock piles up at its ports.

China’s rate cuts to slow copper demand even further — report

Cecilia Jamasmie | July 3, 2015
China’s rate cuts to slow copper demand even further — report

China's central bank commitment to ensure policy remained prudent this year may mean no more monetary stimulus, which could see copper demand growth slow further.

Anglo American laying off up to 20% of its staff as investors press for further savings

Cecilia Jamasmie | July 2, 2015
Anglo American laying off up to 20% of its staff as investors press for further savings

Cuts likely to be announced at the end of the month, when the miner is set to publish its first-half results.

Mongolia’s mining sector ready to take off again — Erdene Resource

Cecilia Jamasmie | July 2, 2015
Mongolia’s mining sector ready to take off again — Erdene Resources

The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.

Iron ore falls below the $60 mark again

Cecilia Jamasmie | July 1, 2015
Iron ore falls below the $60 mark again

The value of the commodity has fallen by about 35% over the latest 12-month period, hitting Australia’s economy harder than expected.

Blaze contained at Fortescue's Cloudbreak mine

Michael Allan McCrae | July 1, 2015
fortescue iron ore mine

No injuries.

Kimberly Diamonds shifts to Africa

Australian Mining | July 1, 2015

Kimberley Diamonds is shifting focus to the Lerala mine in Bostwana, which will be its key source of revenue.

Davis’s X2 Resources goes after Rio’s coal assets in Australia

Cecilia Jamasmie | June 30, 2015
Davis’s X2 Resources goes after Rio’s coal assets in Australia

Negotiations between the parties, still at an early stage, are said to have generated solid interest from both sides.

BHP tipped as favourite in race for Barrick’s Zaldivar mine in Chile

Cecilia Jamasmie | June 29, 2015
BHP tipped as favourite in race for Barrick’s Zaldivar mine

BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.

Argyle Pink Diamonds Tender world preview at Sydney Opera House

Rio Tinto | June 26, 2015
Diamond

Rio Tinto’s spectacular Argyle Pink Diamonds Tender has been launched during a world exclusive preview at the Sydney Opera House, with this year’s iconic collection including some of the most vivid pink and red diamonds ever unearthed from the Argyle mine.

Rio Tinto sells Murowa diamond mine and leaves Zimbabwe

Cecilia Jamasmie | June 26, 2015
Rio Tinto sells Murowa diamond mine and leaves Zimbabwe

The company, however, said it remained committed to the diamond industry.

Adani confirms work halted at controversial coal project by the Great Barrier Reef

Cecilia Jamasmie | June 25, 2015
Adani confirms work halted at controversial coal project by the Great Barrier Reef

But the Indian company said it remains committed to the US$12bn Carmichael project in Queensland, Australia.

BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

Cecilia Jamasmie | June 25, 2015
BHP cuts another 140 jobs over abandoned Olympic Dam expansion plans

The cuts at the Adelaide support office for the Olympic Dam operations come about six months after BHP scrapped about 90 permanent positions and 210 contractor jobs.

Iron ore prices hit six-day highs, but rally won’t last say experts

Cecilia Jamasmie | June 24, 2015
Iron ore prices hit six-day highs, but rally won’t last say experts

Analysts from Goldman Sachs, Citi and ANZ predict prices will drop again below $50 a tonne.

Australia’s Paladin Energy gets historic ok to run uranium mine in Canada

Cecilia Jamasmie | June 23, 2015
Australia’s Paladin Energy gets historic ok to run uranium mine in Canada

Until now Canadian companies needed to have at least 51% stake in any uranium project.

Global vision for ‘green steel’

CSIRO | June 23, 2015

The vision for a cleaner, greener and more productive steel industry, moved a step closer with the recent signing of an agreement with a company in China to scale-up CSIRO’s dry slag granulation (DSG) technology.

Setting sights on ‘invisible’ mining

CSIRO | June 22, 2015

In-situ recovery is a new and largely untapped frontier that could improve environmental performance and change the economics of mining.

Glencore to pay new entity in global chain to market coal

Sydney Morning Herald | June 22, 2015

Swiss-based mining giant Glencore says it will pay a new entity within its global chain to market and distribute its coal as it moves to close its Singapore office.

Zijin goes after Aussie gold miner in overseas buying spree

Cecilia Jamasmie | June 22, 2015
Zijin goes after Aussie gold miner in overseas buying spree

The Chinese firm already mines gold next door to a Phoenix deposit.

Rio Tinto sees 'a few years of reduced consumption of new steel'

Michael Allan McCrae | June 19, 2015
iron ore rio tinto reduced consumption china

The old cycle is playing out again.

Western Areas buys Glencore's Cosmos Nickel Complex for A$24.5 million

Michael Allan McCrae | June 19, 2015
Western Areas cosmos Glencore

Growth strategy.

The rare earth challenge

CSIRO | June 18, 2015
One in ten Australian mining professionals unemployed

While not especially rare and not really earths, there is no doubting the difficulties in mining and processing the rare earth group of metals, or their importance to the global economy.

Iron ore price rally just gave miners 'false hope'

Frik Els | June 17, 2015
Iron ore price rally just gave miners 'false hope'

Iron ore price declines to resume as Shanghai rebar drops to record low Wednesday with bears calling rally just a blip before prices retreat to $40s again.

The world’s top 10 gold mines

Vladimir Basov | June 16, 2015
Blockade lifted at Freeport Grasberg mine in Indonesia

Together these giant gold operations produce more than 10 million ounces per year.

Mining industry inertia will come at a price

Frik Els | June 16, 2015
Mining industry inertia will come at a price

PwC's John Gravelle on the mining industry's austerity drive, price realities and declining exploration spending.

More »