October 16, 2012

BHP Billiton production report

The company outlines record petroleum production, an increase in Queensland coal volumes and a milestone achievement from Western Australia Iron Ore.

October 15, 2012

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in…

October 15, 2012

Qatar sees Glencore/Xstrata merger positively

Qatar's sovereign investment fund, the second largest shareholder in Xstrata PLC (LON:XTA) with 12% of equity, confirmed Monday it is looking positively at the company's planned merger with Glencore International…

October 15, 2012

Queensland coal miners blame retrenchments on royalty hikes

A survey of Queensland's coal miners reveals that new royalty hikes have compelled many to pursue cost cuts and implement worker retrenchments.

October 14, 2012

Macmahon expects gold to shore up company outlook

The CEO of Australia's Macmahon Holdings (ASX:MAH) expects gold to continue performing well despite the weak outlook for the mining sector in general.

October 12, 2012

Australian miners fire locals and import foreigners

While big miners such as BHP (NYSE:BHP), Xstrata (LON:XTA) and Vale (NYSE:VALE) continue to slash jobs across its operations in Australia, some companies are hiring more foreign workers to carry…

October 12, 2012

South Africa: Mining labour unrest comes full circle

The intensity of the current wave of protest echoes the far-reaching Durban strikes in 1973, writes Lisa Steyn.

October 12, 2012

15% of Queensland’s mining jobs to disappear in two years

Analysts say more coal jobs will be axed in the Australian tropical state of Queensland as the beleaguered resources sector continues to weather a barrage of adverse factors.

October 11, 2012

South African gold miners reject wage offer

Striking gold miners have rejected the industry's latest wage offer, the National Union of Mineworkers (NUM) said on Thursday, confirming mining companies’ fears of labour unrest lasting longer than expected.

October 11, 2012

Liberty Coal Energy Corp. announces completion of financing

Liberty Coal announces equity placement of $9,196,500.00