September 9, 2012 Investors shrug news of fresh Mongolia bid for control of Oyu Tolgoi as Turquoise Hill climbs 15% Mongolia's new mining minister Davajav Ganhuyag is one of the politicians in favour of upping the country's stake.
September 9, 2012 South African police brace as Lonmin workers set to return on Monday South African police are braced for possible violence ahead of Monday's back-to-work deadline for striking workers at Lonmin's flagship platinum mine, where 44 people died in labour strife last month,…
September 8, 2012 Copper will benefit from Chinese stimulus, but iron ore problems run deeper Julian Zhu, analyst at investment bank Goldman Sachs, said that increased government infrastructure spending in the final quarter of the year will […]
September 8, 2012 Strike costs Lonmin $95 million so far Analysts estimate that the wage increase, if enacted, would wipe out the company's already thin margins.
September 8, 2012 Xstrata scoffs at new Glencore offer as merger of equals becomes hostile takeover The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.
September 7, 2012 We build it! China sparks copper surge Copper's 13c bounce on Friday comes after the Chinese government approved a raft of new building and rail projects this week.
September 7, 2012 Glasenberg grabs top job from Davis in new Glenstrata deal Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it…
September 7, 2012 Vote on Glencore-Xstrata merger delayed due to ‘developments overnight’ Glencore International (LSE:GLEN) has postponed its Friday shareholder meeting where voting would have taken place on its proposed $34 billion takeover of Xstrata (LSE:XTA).
September 7, 2012 China approved 1 trillion yuan in stimulus spending in under a week The Chinese government has approved a raft of new infrastructure and rail projects this week in a concerted effort to boost its slowing economy.
September 7, 2012 Rio Tinto creates virtual mine to teach block caving Rio Tinto (ASX:RIO) has teamed up with Sydney's University of New South Wales to create the world's first virtual mine for the purpose of teaching block caving
Australia lifts commodity export outlook on iron ore, gold price The value of all raw material shipments will be A$383 billion in the year through June 2026. December 18, 2025 | 10:24 am