Australia

Pilbara visit shows Japan vital to Aussie mining

Jeffrey Richmond | July 10, 2014
pilbara visit shows japan vital to future aussie mining feat

Follows signing of FTA seen as major opportunity for Australian miners.

Donald Duck gold coins sold out ‘in minutes’

MINING.com Editor | July 2, 2014
Donald Duck gold coins sold out ‘in minutes’

They are now being traded on auction websites for a 100% profit.

BHP may cut more iron ore jobs

Jeffrey Richmond | July 2, 2014
bhp may cut more iron ore jobs feat

Firm says no connection with iron ore price.

Australia’s Perth Mint gold sales hit four-month high

Cecilia Jamasmie | July 2, 2014
Australia’s Perth Mint gold sales hit four-month high

Rally in prices stimulated demand.

Australia losing 75,000 mining jobs in next two years

Cecilia Jamasmie | July 2, 2014
Australia losing up to 75,000 mining jobs in next two years

Cuts will occur because the sector is switching from the job-heavy construction stage to the operational phase, which requires fewer workers.

Frik Els

Australia billionaire mutual admiration society reaches new heights

Frik Els | June 30, 2014
Australia billionaire mutual admiration society reaches new heights

Mining innovation. What could be controversial about that?

Iron ore price: It's all about grade now

Frik Els | June 30, 2014
Iron ore price: It's all about grade now

Domestic supply can't be cut much further and Chinese steelmakers are demanding deeper discounts for lower grade imports.

Rio Tinto ‘happy’ with iron ore exposure, bullish on China

Cecilia Jamasmie | June 30, 2014
Rio Tinto ‘happy’ with iron ore exposure, bullish on China

Diversifying the business away from iron ore is not in Rio Tinto's cards.

VIDEO: Rio's robot army has been to the moon and back 5 times

Frik Els | June 28, 2014
VIDEO: Rio's robot army has been to the moon and back 5 times

The autonomous trucks mining the Pilbara controlled from Rio Tinto's nerve center in Perth have moved 200 million tonnes and traveled 4 million kilometers.

Rio Tinto’s plans to mine potash in Canada got a lot more serious

Cecilia Jamasmie | June 27, 2014
Rio Tinto’s plans to mine potash in Canada got a lot more serious

While it did not disclose the costs and planned capital expenditure for the Albany project, Rio has previously said the deposit had enough potash to sustain a low cost operation for decades.

The real costs of public protest

Public Strategy Group | June 26, 2014
real cost of public protest

Community mobilization effective at raising costs to companies.

Australia’s newest uranium mine will lose money, won’t create any jobs

Cecilia Jamasmie | June 25, 2014
Australia’s newest uranium mine will lose money, won’t create any jobs

Government is touting the Four Mile mine as “the most significant deposit found anywhere in the world in the last 25 years."

Australia slashes iron ore outlook on increased supply

Cecilia Jamasmie | June 25, 2014
Australia slashes iron ore outlook on increased supply

The world’s largest iron ore exporter has cut price estimates for this year and 2015.

BHP abandons planned Canada’s Jansen potash export facility

Cecilia Jamasmie | June 25, 2014
BHP abandons planned Canada’s Jansen potash export facility

The exclusivity agreement, which expired last week, would have given BHP the right to develop a potash port close to its Jansen project.

Profitable Aussie miners get billions in state subsidies: report

Jeffrey Richmond | June 24, 2014
Profitable Aussie miners get billions in state subsidies feat

Mining lobby lambastes findings.

Nathan Tinkler's $150 million Wilkie Creek coal mine on track

Cecilia Jamasmie | June 24, 2014
Nathan Tinkler's $150 million Wilkie Creek mine on track

The former billionaire denied media reports saying his $150 million agreement to buy coal mine could be delayed or derailed because he has not satisfied contractual financing conditions.

BHP mulls further job cuts

Cecilia Jamasmie | June 24, 2014
BHP Billiton to cut over 3,000 iron ore jobs in Australia

Up to 3,000 jobs could be axed from BHP's flagship iron ore division, where 500 jobs have already been lost.

Aussie firm rejects claims of planning to mine for rare earth in Idaho

Cecilia Jamasmie | June 24, 2014
Aussie firm rejects claims of planning to mine for rare earth in Idaho

There is an estimated 104,300 metric tons of thorium and rare earth element-rich veins in the area where MMG Limited has been granted exploration rights.

Mongolia says Rio Tinto owes $130 million in Oyu Tolgoi unpaid taxes

Cecilia Jamasmie | June 23, 2014
Mongolia says Rio Tinto owns $130 million in Oyu Tolgoi unpaid taxes

The long-dragged dispute between Rio and the Mongolian government over a $6.6 billion underground expansion of Oyu Tolgoi has hit a fresh impasse.

Emerging markets firms to lead global mining sector: PwC

Cecilia Jamasmie | June 23, 2014
Emerging markets firms to lead global mining sector: PwC

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

Iron ore price builds on rally

Frik Els | June 20, 2014
Iron ore price builds on rally

But Chinese banks are starting to call in iron ore-backed loans to traders holding 38mt, forcing them to dump inventories onto already well-supplied market.

Australia’s mining jobs running dry as sector growth slow

Cecilia Jamasmie | June 19, 2014
Australia’s mining jobs running dry as sector growth slow

The country's mining industry has lost 6,600 workers in the three months to May.

Iron ore price in mini rally

Frik Els | June 18, 2014
Iron ore price in mini rally

Back above $90 a tonne after soaring Indian ore import numbers lift sentiment.

Newcrest hit with Australia’s biggest fine: over $1.1 million

Cecilia Jamasmie | June 18, 2014
Newcrest Mining hit with Australia’s biggest fines: Over US$1.1 million

After the gold company admitted disclosure breaches on two occasions last year.

New Zealand rejects underwater iron mine

Cecilia Jamasmie | June 18, 2014
New Zealand rejects underwater iron mine

The company now has 15 days to appeal with the High Court.

China's top gold firm talking to Barrick, has Friedland 'hotline'

Frik Els | June 17, 2014
China's top gold firm talking to Barrick, has Friedland 'hotline'

China's largest gold miner, China National Gold, is actively looking for partnerships and acquisitions around the world.

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