November 6, 2013

Value of Aussie iron ore miners up $65bn this year

Thanks to an unexpected price increase for the steel-making material.

November 6, 2013

Aurizon’s rail plans could open mining in Pilbara

At present, rail in the Pilbara is owned by Rio Tinto, BHP and Fortescue.

November 5, 2013

US regulators try again on commodities trading limits

CTFC is proposing revised rules limiting positions.

November 5, 2013

Caterpillar to shut West Virginia plant

Earlier this year the firm recorded a second successive quarterly loss.

November 5, 2013

Anglo to cut 200 jobs from Queensland coal mine

"The continuing low coal prices have placed considerable pressure on the profitability of the Dawson operation."

November 4, 2013

Australia’s mining slowdown will set off ‘wave of consolidation’

New report predicts Australian mining sector growth to fall sharply through 2017 and pressure of weakening mineral prices will spark industry consolidation.

November 4, 2013

Mongolian coal mine resumes operations

Suspended in July 2012, the Ulan Ovoo thermal coal project is up and running again.

November 4, 2013

Canadian juniors more resilient than many expected: report

Only 31 juniors listed on the TSX-V were delisted in the 12 months ending June 30.

November 4, 2013

China moves toward new stage of mining sector openness

"When the Chinese government says they are going to do something, it can really be done quickly."

November 4, 2013

Queensland coal ports operating under capacity; BHP scraps $5bn terminal plan

'As the mining investment boom turns to bust, Queensland’s port capacity has already shifted from a shortfall to a surplus.'