October 30, 2012

Union claims Rio Tinto redundancy package discriminates against members

The Australian Construction, Forestry, Mining and Energy Union (CFMEU) said Tuesday the Rio Tinto's redundancy package for its Blair Athol coal mine discriminates against union members.

October 30, 2012

Big changes coming to PNG Sustainable Development Program if new government has its way

PNG Prime Minister: "I think BHP should take its leave at some stage. I'd rather it be sooner than later. BHP has to learn that it has to move on."

October 29, 2012

Analysts: Freeport to pay USD 1.25 per share in 2012

Freeport-McMoRan's 2012 net profit witnessed a decrease of 32% compared to 2011 due to a decline in the production of gold recently announced by the company.

October 29, 2012

Newmont recognized by Carbon Disclosure Project for third consecutive year

Newmont Mining Corporation (NYSE: NEM) announced Monday it was recognized for transparent climate change disclosure practices by the Carbon Disclosure Project’s (CDP) Leadership Index for the third consecutive year.

October 26, 2012

BHP confident iron ore prices will stabilize

BHP Billiton CEO Marius Kloppers said during the company's annual general meeting yesterday that the record high iron prices witnessed over the past decade will not be repeated.

October 26, 2012

Cynthia Carroll cautions against marginalization of women in European boardrooms

Cynthia Carroll, the CEO of Anglo American who announced her resignation earlier today, has warned investors that calls for quotas regarding the number of women required to serve on European…

October 26, 2012

Cynthia Carroll yields to pressure and leaves Anglo

Where there is smoke… After several reports of Anglo American’s (LON:AAL) shareholders disappointment at both the company’s overall performance and her CEO, Cynthia Carroll, she has finally left the company.

October 25, 2012

BHP has more good things to say about Jansen

"We think we’ve got a good project."

October 25, 2012

Years away: Kloppers says BHP waiting for new technology before Olympic Dam decision

If you're spending $33 billion you want to do it as efficiently as possible.

October 25, 2012

Goldcorp injects optimism into mining sector: Q3 beat expectations

In times when most miners are reporting profit below estimates, Goldcorp (TSX:G)(NYSE:GG), posted better-than-expected third quarter results on Thursday as it benefited from operating improvements at Red Lake and Peñasquito,…