Australia

Rio Tinto, Sinosteel extend Australian iron ore joint venture

Cecilia Jamasmie | November 17, 2014
Rio Tinto, Sinosteel extend Australian iron ore joint venture

The partnership dates back to 1987, in the early stages of the development of the Chinese steel industry.

BHP Billiton says scraps sale of Nickel West division

Reuters | November 12, 2014

The world's largest mining company has scrapped the sale of Nickel West and will continue operating the unit after failing to find a buyer at the right price.

Barrick to push ahead with Pascua Lama, ‘no margin for error’

Cecilia Jamasmie | November 12, 2014
Barrick to push ahead with Pascua Lama, ‘no margin for error’

Finishing the project would take time and around $4 billion more of what Barrick has already invested.

With the ongoing global skills shortage within mining is it time to get the job seeker's perspective?

Worldwide Recruitment Solutions | November 12, 2014
local workers

A global survey of over 5,300 job seekers sheds some light on the issues in the war for talent which the Mining sector continues to face.

What slowdown? Mining equipment market to grow 8.4% a year

Frik Els | November 11, 2014
What slowdown? Mining equipment market to grow 8.4% a year

Mining equipment market to grow at compound annual rate of 8.42% to $134 billion through 2019 surpassing the market for construction equipment.

Rinehart's children launch Roy Hill ownership suit

Frik Els | November 11, 2014
Rinehart's children launch Roy Hill ownership suit

In new federal suit, estranged children seeks greater share of Gina Rinehart's most prized assets – Hope Downs and $10 billion Roy Hill iron ore mines.

Jack Lifton: Innovation is the key to rare earth independence

The Mining Report | November 11, 2014
rare earth mining

Centralized modern processing could make it possible for mining companies in the United States, Europe and Australia to start producing truly critical materials with small capex.

Weak oil price, currencies helping miners stay afloat

Frik Els | November 11, 2014

A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.

Lithium processing breakthrough delivers 25 year option for Australia's Cobre Montana

Cobre Montana NL | November 11, 2014

Locks in exclusive rights to the only practical processing technology globally able to recover lithium from mica group minerals (sheet silicates)

Yanzhou Coal injects $2.8bn into troubled Australian unit

Cecilia Jamasmie | November 10, 2014
Yanzhou Coal injects $2.8bn into troubled Australian unit

In an attempt to keep Yancoal afloat as coal prices trade near multi-year lows.

Rio Tinto's $5.4bn Oyu Tolgoi expansion in limbo once again

Cecilia Jamasmie | November 10, 2014
Rio Tinto's $5.4bn Oyu Tolgoi expansion in limbo once again

Mine operator and Rio's subsidiary Turquoise Hill said Monday they have made an offer to the government of Mongolia to resolve matters in a manner deemed "beneficial to all stakeholders.”

BHP closer to unveiling details of upcoming spin-off

Cecilia Jamasmie | November 9, 2014
BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

Cecilia Jamasmie

Mongolia-based miners in limbo after premier ousted

Cecilia Jamasmie | November 7, 2014
Mongolia-based miners in limbo after premier ousted

What happens next is critical say mining companies currently operating in the country.

Deep-sea miner Nautilus to charter ship as floating base

Cecilia Jamasmie | November 6, 2014
Deep-sea miner Nautilus to charter ship as floating base

The ship will accommodate as many as 180 people and is expected to be delivered by the end of 2017.

New Zealand's Pike River coal mine to remain closed

Cecilia Jamasmie | November 6, 2014
New Zealand's Pike River coal mine to remain close

It will be turned into a memorial to the 29 men who died there in 2010.

BHP Billiton to export US oil without permit

Cecilia Jamasmie | November 5, 2014
BHP Billiton to export US oil without permit

The move is considered another sign that Washington’s decades-old federal ban on crude exports is crumbling.

Iron ore price falls to 64-month low

Frik Els | November 4, 2014
Iron ore price falls to 64-month low

Fresh Chinese weakness pushes iron ore price to lowest since June 2009, but rising premiums for high-quality lump imports offers some hope.

More job cuts at BHP’s Mt Arthur coal mine

Cecilia Jamasmie | November 4, 2014
More job cuts at BHP’s Mt Arthur coal mine

The firm is laying-off 150 workers by the end of February 2015.

Coal carrying ‘death ship’ under scrutiny

Cecilia Jamasmie | November 4, 2014
Coal carrying ‘death ship’ under scrutiny

Three workers died on board in 2012 and fresh inspections have revealed severe safety breaches.

Glencore’s coal output up 9% as prices touch 5-year low

Cecilia Jamasmie | November 4, 2014
Glencore’s coal output up 9% as prices head to 5-year low

The company is defying coal price slump with increased production driven by expansions at its Australian mines.

Paul Adams: macro trumps micro in resource sector

The Gold Report | November 3, 2014
Dispute over Australia iron ore heats up

Investors in Australia's junior mining sector are feeling the same pain as those in North America but Paul Adams, an analyst with brokerage firm DJ Carmichael in Perth, believes select junior resource companies will outperform the broad markets as macro-level events impact certain commodities.

Mining the Antarctic a big no-no

Cecilia Jamasmie | November 3, 2014
Mining the Antarctic a big no-no

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Cecilia Jamasmie | November 3, 2014
Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

Cliffs Resources officially shutting Canadian Wabush Mines

Cecilia Jamasmie | October 31, 2014
Cliffs Resources officially shutting Canadian Wabush Mines

About 500 workers will lose their job.

Rio Tinto braces for $2.5bn Oyu Tolgoi writedown

Cecilia Jamasmie | October 31, 2014
Rio Tinto braces for $2.5bn Oyu Tolgoi writedown: report

According to The Times, Rio flagged the possibility of a writedown in August.

BHP’s Olympic dam expansion off agenda until prices improve

Cecilia Jamasmie | October 31, 2014
BHP’s Olympic dam expansion off agenda until prices improve

The miner blamed low metals prices and productivity inefficiencies for the decision.

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