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Fortescue chief sees iron ore price down 25% from current levels. Says it’s a ‘good thing’
Fortescue chief executive Neville Power also told The Australian newspaper that Chinese steel production growth will be lower over the next five years at about 4% – 5%, from 7% – 8% now.
MICROMINE Top Exporter at WAiTTA Awards
Australian software and solutions provider, MICROMINE, has been named the successful recipient of the Exporter award at the 2012 WA Information Technology & Telecommunications Awards (WAiTTA).
De Beers names Tiffany among 75 buyers
Sales of rough diamonds by DTC rose to $6.5 billion last year from $5.1 billion in 2010.
Rapaport’s small diamond index up 14%
Record high prices were achieved in specific categories, with strong demand from US and Indian buyers supporting sales
Anglo-American building new Namibia diamond mine
Namdeb, which plans to produce 600,000 carats in 2012, expects the new mine to produce 45,000 carats a year.
Gold rises as dollar index tumbles one-month low
Gold prices climbed on Friday as the dollar fell to the lowest rate in a month against several currencies.
Opinion rolls in on Budget 2012
The resource sector liked it and the environmentalists were less keen on Budget 2012.
Best safety options for your workplace
Organizations, no matter their size, simply can’t afford to ignore occupational health and safety (OH&S) risks as an integral part of their business management. When it comes to complying with OH&S legislation, the biggest risk of all for an organization is to do nothing.
RANKED: World’s top 20 largest gold mines
Mine production saw a modest rise to 3,672 tonnes last year, WGC data shows.