September 16, 2015

Aussie miners press new Prime Minister for reforms

The Minerals Council of Australia asked Turnbull to use his advocacy skills and economic know-how to help the struggling mining sector.

September 14, 2015

Iron ore price: Got lump?

Growing importance of lump ore trade sees the launch of world first derivative contracts and a jump in premiums.

September 14, 2015

Veteran investment strategist Joe McAlinden reverses view, predicts recovery for gold, oil and housing

With the markets in whiplash mode, Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management, believes volatility is going to stick around…

September 13, 2015

Wabush 3 jumps environmental hurdle

The expansion, which would add about a dozen years to the mine, would begin construction in 2016 with mining starting in 2018.

September 11, 2015

Iron ore price claims another scalp

Australia-listed Northern Iron warns of "material uncertainty of cash flow" and inability to extend debt maturities.

September 10, 2015

Iron ore price closing in on $60

Another surge on Thursday as Chinese stockpiles continues to decline.

September 10, 2015

Rio saves $200m a year using robots, big data

Rio's already cut $1bn fat in the Pilbara–autonomous vehicles and data analytics will save another $200 million a year on maintenance over the next 3 years.

September 10, 2015

Australia’s struggling unemployed GEOs ask for visa crackdown to protect jobs

The high rate of unemployment among the geoscientists responsible for Australia’s ongoing mineral wealth discoveries has led to an implored plea to the Federal Government to protect local jobs with…

September 9, 2015

Iron ore price surges to 10-week high

Chinese iron ore futures soar 5% after government pledges to speed up infrastructure spending since some sectors like telecoms are only "30–40% completed".

September 9, 2015

Queensland’s ‘enough is enough’ job campaign gains momentum

Queenslanders are standing up for resource sector jobs through an online petition that has kick-started a campaign to close the legal loopholes that are tying up projects in red tape.