October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 5, 2012

Keith Schaefer says natural gas rally could end on nozzle change

The publisher of the Oil and Gas Investments Bulletin says rally in natural gas could be over if power generators switch back to coal

October 4, 2012

Australian mining tycoon unveils plans to resurrect the Titanic

Flamboyant Australian mining tycoon Clive Palmer has plans to construct a near-perfect replica of the ill-fated giant passenger ship.

October 4, 2012

Anglo American CEO appointed chairperson of De Beers

The CEO of diversified mining giant Anglo American (LSE:AAL) Cynthia Carroll has been appointed chairman of venerable diamond miner De Beers.

October 4, 2012

Australia and Mongolia to expand ties in mining sector

Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.

October 3, 2012

Australia slashes interest rate as mining woes feed fears

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining…

October 3, 2012

BHP suing union for $2.5 million

BHP Billiton Mitsubishi Alliance is suing Queensland's most powerful mining union for almost $2.5 million to counteract the unlawful work stoppages that have affected BHP’s subsidiary in the last few…

October 3, 2012

Obama blasts Romney for ‘requiring’ miners to be in his ad

While Republican candidate Mitt Romney slams Barack Obama's policies as bad for coal, the President has taken a more personal approach. Not only he went after Romney ‘s business record,…

October 2, 2012

No end in sight for South African mining strikes

Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold Ashanti (NYSE:AU) have hardened their stance on…

October 2, 2012

The “boom” might be over but Kiwis still flock to Australia

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.