Australia

Australia kills unpopular mining tax

Cecilia Jamasmie | September 3, 2014
Australia kills mining tax

The decision is considered a key political victory for Prime Minister Tony Abbott.

Cecilia Jamasmie

Largest iron ore miners smashing Chinese competitors

Cecilia Jamasmie | August 27, 2014
Largest iron ore miners smashing Chinese competitors

There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.

Canaccord's Luke Smith: Five Aussie companies with cash flows, low costs and MOUs

The Mining Report | August 26, 2014

Now more than ever, only select mining companies are attracting investors.

Iron ore price drops to 2-year low

Frik Els | August 26, 2014
Iron ore drops to 2-year low

Spot falls to $88.90 a tonne as iron ore price suffers weakest quarter since 2009.

Australian mining mogul apologizes to China over 'mongrels' remarks

Cecilia Jamasmie | August 26, 2014
Australian mining mogul apologizes to China over 'mongrels' remarks

In a letter to China's ambassador to Australia, Clive Palmer expressed regret for "any insult to the Chinese people caused by any of the language" he used.

Report: Worst is surely over for explorers

Frik Els | August 25, 2014
Report: Worst is surely over for explorers

Capital raising for exploration up more than 32%.

New $15bn coal mine in Australia to hire over 5,000 workers

Cecilia Jamasmie | August 25, 2014
New $15bn coal mine in Australia to hire over 5,000 workers

And that's only during the construction phase.

Cliffs Natural Resources up on $200m buyback plan

Cecilia Jamasmie | August 25, 2014
Cliffs Natural Resources up on $200m buyback plan

The new repurchase program will remain active until Dec. 31, 2015.

Here is how Australia spent its mining boom bonanza

Cecilia Jamasmie | August 25, 2014
This is what Australia did with its mining boom bonanza

Economists say the mining boom increased Australian living standards substantially.

Tasmanian mining industry looks to future after closures, falling prices: ABC

MINING.com Editor | August 24, 2014
Tasmanian mining

Anxiety rising in the region.

Anglo American, horse breeders fight over mine expansion

Cecilia Jamasmie | August 22, 2014
Anglo American, horse breeders fight over mine expansion

The open pit mine would produce 7 million tonnes of coal a year and contribute $33 million in annual royalties.

Glasenberg: 'Supercycle ain't over' – demand 'higher than it’s ever been'

Frik Els | August 20, 2014
Glasenberg: 'Supercycle ain't over' - demand 'higher than it’s ever been'

Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.

INFOGRAPHIC: Best, brightest CEOs in mining

Visual Capitalist | August 20, 2014
CEOs in mining feat

Who were the top earners in 2013?

Potash prices, oversupply scaring potential Jansen partners: BHP

Cecilia Jamasmie | August 19, 2014
Potash prices, oversupply scaring potential Jansen partners: BHP

Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.

Cecilia Jamasmie

Aussie mining tycoon Palmer's aversion to China just went a bit too far

Cecilia Jamasmie | August 19, 2014
Aussie mining tycoon Palmer's aversion to China just got a bit too far

Clive Palmer has come under fire for labelling the Chinese government “mongrels” and “bastards” on national television.

BHP demerger news crashes company website

Frik Els | August 19, 2014
BHP demerger news crashes company website

"The server is busy now. Try again later"

Frik Els

The BHP show obscures Australian mining's deeper problems

Frik Els | August 19, 2014
The BHP show obscures Australian mining's deeper problems

Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.

BHP shares hammered on demerger, profit miss

Frik Els | August 19, 2014
BHP shares hammered on demerger, profit miss

World's number one miner hopes to save $3.6 billion spinning off aluminium, coal, manganese, nickel and silver assets into new company.

Cecilia Jamasmie

Demerged BHP may not hold on to coal assets for long: analysts

Cecilia Jamasmie | August 18, 2014
Demerged BHP may not hold on to coal assets for long: analysts

The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.

US firm claims Australia's biggest oil find in 30 years

Cecilia Jamasmie | August 18, 2014
Apache claims Australia's biggest oil find in 30 years

Apache Corp. says the discovery may herald a new oil “province” for Australia.

Rio Tinto weighs stake in closed Papua New Guinea copper mine

Cecilia Jamasmie | August 18, 2014
Rio Tinto weighs stake in closed Papua New Guinea copper mine

The miner is reviewing all options on its 53.83% stake in Bougainville Copper, the operator of its Paguna mine, which has a potential gold and copper resource worth over $60 billion.

Oz Minerals unveils PFS for $22 billion copper-gold mine

Frik Els | August 18, 2014
Oz Minerals unveils PFS for $22 billion copper-gold mine

Looking for partners for $3 billion project in South Australia forecast to produced 114,000 tonnes of copper and 117,000 ounces of gold a year.

Newcrest posts second year of major loss

Frik Els | August 18, 2014
Newcrest posts second year of major loss

Production up and costs down, but asset impairment at Papua New Guinea mine results in $2.2 billion statutory loss for Australian gold miner.

BHP spinoff could be worth $12 billion

Frik Els | August 18, 2014
BHP spinoff could be worth $12 billion

Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.

New rare earth mine coming to Western Australia

Cecilia Jamasmie | August 18, 2014
New rare earth mine coming to Western Australia

The proposed mine straddles the West Australian and Northern Territory border on the Browns Range Dome and is expected to produce 279,000 kg of dysprosium a year over its 10-year mine life.

Queensland approves rail line to coal port by Great Barrier Reef

Cecilia Jamasmie | August 15, 2014
Queensland approves rail line to coal port by Great Barrier Reef

Adani now only needs to get the federal government green light on the same railway to have all required permits in place.

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