Australia

Miners woo communities with soccer fields, bull rings and guinea pigs to unlock US$25 billion in stalled projects

Bloomberg | March 18, 2015
happy-miner

From South America to Africa, mining companies are throwing all that and more at communities to quiet growing opposition to controversial projects.

Dire Chinese steel outlook drops iron ore price to 7-year low

Frik Els | March 11, 2015
Dire Chinese steel outlook drops iron ore price to new low

Down 1.4% Wednesday to lowest since 2007 on Chinese forecast of peak steel production and contraction.

Oilprice.com

Everyone is guessing when it comes to oil prices

Oilprice.com | March 11, 2015
Oil sands emissions might be higher than reported

Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year.

Visual Capitalist

INFOGRAPHIC: Everything you need to know about copper porphyries

Visual Capitalist | March 11, 2015
copper supply

This infographic covers everything you should know about copper porphyries, a deposit type responsible for about 60% of copper, 95% of molybdenum, and 20% of gold produced today.

When junior markets turn most negative in 35 years, guess where financier Carlo Civelli puts his money?

The Mining Report | March 10, 2015

In this interview with The Mining Report, he shares his secret for finding companies that can create value despite challenging market conditions, and he reveals where he is putting his money today.

Rio Tinto launches new diamond fashion jewellery designs for Chinese market

Rio Tinto | March 10, 2015

Rio Tinto has introduced its latest range of Argyle diamond jewellery collections during the Hong Kong International Jewellery Show.

‘Stop complaining about a supply glut and take charge’ — BHP, Rio to small iron ore miners

Cecilia Jamasmie | March 10, 2015
‘Stop complaining about a supply glut and take charge’ — BHP, Rio to small iron ore miners

The world's two largest mining companies believe China's hunger for iron ore isn't about to fade, even as the price is touching new lows.

Lucky Aussie prospector finds massive 2kg gold nugget

Cecilia Jamasmie | March 9, 2015
Lucky Aussie prospector finds massive 2kg gold nugget

He has named it the "fair dinkum nugget" because when people feel its weight they say "fair dinkum this is huge.”

Rio Tinto to axe hundreds of jobs as part of drastic restructuring

Cecilia Jamasmie | March 9, 2015
Rio Tinto to axe hundreds of jobs as part of drastic restructuring

The company recently announced its intention to merge the copper and coal divisions, reducing Rio's businesses to just four main groups.

Struggling Australian junior to grow cannabis in Canada

Cecilia Jamasmie | March 9, 2015
Struggling Australian junior to grow cannabis in Canada

The move makes of Capital Mining the first ASX-listed, Canada-based company to hold a stake in a licensed marijuana grower.

Iron ore spot price drops to record low

Frik Els | March 6, 2015
Iron ore spot price drops to record low

The iron ore price suffered another steep decline on Friday, falling to the lowest since November 2008 when the SteelIndex benchmark was first introduced.

Cameco gets approval for its Australian Kintyre uranium mine

Cecilia Jamasmie | March 6, 2015
cameco-kintyre

After more than four years of consultation and environmental studies, the miner has been granted conditional approval by Western Australia’s authorities.

IMAGE GALLERY: The M&A deals that defined the commodity super-cycle

Globe and Mail | March 6, 2015

These were the six mining transactions that defined the current deal-making landscape.

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

Cecilia Jamasmie | March 5, 2015
Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

Rio’s debated Warkworth coal mine extension finally approved

Cecilia Jamasmie | March 5, 2015
Rio’s debated Warkworth coal mine extension finally approved

Expansion of Mount Thorley-Warkworth coal mine in the Upper Hunter, had been knocked back twice in the courts.

World Bank predicts iron ore glut set to continue, putting pressure on WA royalties

ABC News | March 4, 2015

The bank is predicting the iron ore glut could continue for up to two years, putting sustained pressure on the commodity's price.

China, Korea to buy coal from Adani Group’s Australia mine

The Economic Times | March 4, 2015

China and South Korea are keen to buy coal from the Adani Group's $16 billion Carmichael coal mine project in Australia's Galilee basin.

Australia can leverage its "doorstep" position with Asia to drive uranium exports – Toro Energy executive

Toro Energy | March 3, 2015

PDAC delegates in Toronto told overnight that emerging powerhouse economies would drive the future global demand for uranium, nowhere more so than that from China and India.

Highfield Resources gains grid power supply for Muga Potash from Iberdrola

Aussie Highfield Resources has added grid electricity supply to the growing list of infrastructure items ticked for its flagship Muga Potash Mine in northern Spain.

Plenty of potash, but almost no low cost sources for crop production

US Geological Survey | March 3, 2015
Plenty of Potash, but almost no low cost sources for crop production

While the earth contains enough potash to meet the increased global demand for crop production, some regions lack potash deposits needed for optimal food crop yields, the latest global assessment of the resource by the USGS shows.

This pink diamond gold coin is set to make history

Cecilia Jamasmie | March 3, 2015
This pink diamond gold coin is set to make history

The Perth Mint released just 500 units.

Tourist charged over Argyle pink diamond theft in Cairns to learn fate

Brisbane Times | March 3, 2015

A British tourist charged over the theft of a rare pink diamond in Cairns will learn his fate next month.

Mongolia fined $100M for expropriating uranium mine

MINING.com Editor | March 3, 2015
Effects of court ruling feat

An international arbitration tribunal has ordered Mongolia to fork over $100 million for expropriating the Dornod uranium project from Khan Resources (CNSX:KRI) back in 2009.

Australia’s gold output the highest in over 10 years

Cecilia Jamasmie | March 3, 2015
Australia’s gold output the highest in over 10 years

Output rose to 284 tonnes in 2014, the highest in 11 years, speeding up the depletion of high-grade mine reserves.

Canadian miners the world’s top buyers of assets in 2014

Cecilia Jamasmie | March 2, 2015
Canadian miners the world’s top buyers of assets in 2014

Gold remains the most-targeted commodity by volume, according to EY’s latest report.

Poor market conditions put major chill on global exploration

Cecilia Jamasmie | March 2, 2015
Poor market conditions put chill on global exploration

Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.

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