Glencore Xstrata and Indian firms eye Rio’s $10bn assets for sale
Sale is part of CEO Sam Walsh’s plans to reduce operating costs by $5 billion over the next two years.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Miners strike at Lonmin mine in South Africa after worker shot dead
Today's death sparked fears of a repeat of last year’s violent unrest that left dozens of deaths and effectively shut down the country's platinum belt.
Opals would make Martians feel at home in Australia: study
Australia produces 95% of the world's opals.
Zimbabwe to reverse ‘outrageous’ mining fees
Zimbabwe's law allow ministers to pass regulations that do not need to be approved by Parliament first, but within two months the Parliamentary Legal Committee has to make a ruling on their constitutionality.
State of emergency in Kyrgyzstan as protest against Centerra turns violent
92 arrested, at least 50 injured and thousands still protesting.
Centerra Gold suspends Kumtor Mine operations
The national grid power supply to its flagship Kumtor mine in Kyrgyzstan has been disrupted by local protesters who have been blocking the road leading to the site.
Numbers don’t lie: Aussie capex drops, mining boom is over
Capital expenditure in mining peaked last year, stabilized in the second half of 2012 and then plunged steeply in the March quarter, wiping almost $1.5 billion off Australia's quarterly output.
Iron ore prices hit seven-month low, Aussie miners affected
Drop has prompted investors to exit pure-play stocks, such as Fortescue Metals Group.
South African President urges stability in beleaguered mining sector
Between January and March, the country's economy grew by just 0.9% and analyst blame the mining industry for this.
Planetary Resources wants to raise $1m with its first asteroid prospectors
Promises 'a telescope for everyone.'
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
