October 4, 2013

Done deal: Rio sells mothballed Blair Athol coal mine to Linc Energy

Acquisition comes a day after Linc said it wants to get de-listed from the Australian market to re-list it in Singapore, in hopes of luring Asian investors.

October 3, 2013

Goodbye humans, hello automation: Rio Tinto ditching $225k/year drivers in Pilbara

The plan is to cut 40% of Pilbara drivers by 2016.

October 3, 2013

Land claims and uncertain policies holding back mining investment in BC: report

While B.C. is no longer viewed as hostile to mining, authorities need to resolve several land-related issues before investors come back.

October 3, 2013

$100bn in private equity stalking mining assets

It may be too early for private equity players to gobble up juniors or put together mega-deals, but mid-tier miners may have new investors knocking on their doors.

October 2, 2013

Tiny fossilized primate discovered in Thai coal mine

Palaeontologists unearth 35-million year-old half-pound primate.

October 2, 2013

Rio Tinto to sell closed Blair Athol coal mine

Talks with Linc Energy Ltd are said to be at an advanced stage and an agreement may be announced as soon as tomorrow.

October 2, 2013

Bob Moriarty: On the road to Armageddon, take shelter in resources

The worst place to be right now is bonds. The second worst place is the Dow and the S&P. The safest place to be is resources.

October 1, 2013

Aussie magnate Rinehart giving up trustee role to end children’s suit

John Hancock and Bianca Rinehart sued their mother in September 2011, attempting to remove her as head of the Hope Margaret Hancock Trust.

September 30, 2013

Rio Tinto finds thermal coal the hardest sell

Bidders for its Clermont mine in Australia want too much of a bargain.

September 30, 2013

39% of Canada’s mining executives will retire within 5 years

And only 22% of companies have any sort of succession plan in place.