November 24, 2014

Aussie mining magnate Clive Palmer investigated over $10 million fraud

The scale of the fraud alleged against the tycoon-turned-politician may double to about A$23 million.

November 24, 2014

BHP warns more cost cuts, management shake up before demerger

The world's largest miner has stepped up its cost-cutting plans as it battles a sharp slide in iron ore, coal and oil prices.

November 23, 2014

BHP targets further spending cuts as iron prices tumble

BHP Billiton Ltd. (BHP), the world’s biggest mining company, plans to take a scalpel to capital spending and costs to bolster cashflows as iron ore and crude oil prices plunge.

November 20, 2014

BHP Iron Ore: OK already, we’ll stop expanding

CEO Andrew Mackenzie tells shareholders while output is still increasing at no. 3 producer, it's been three years since new spending was approved.

November 20, 2014

Rinehart children’s Roy Hill lawsuit to be fought in public

Billionaire iron ore tycoon Gina Rinehart loses fight to keep secret court proceedings in family dispute over ownership of Roy Hill and Hope Downs iron ore mines.

November 19, 2014

Iron ore price enters freefall

Iron ore price down more than 7% over two sessions to just above $70 as supply swamps China just as steel consumption falls for the first time in 14 years.

November 19, 2014

Australia FTA with China: shift from mining to dining

Deal should help bolster Australia's already strong links to Asia and the ongoing 'rebalancing' of the nation's growth towards the non-mining sectors.

November 19, 2014

Parent company liability for foreign subsidiary’s actions – alarming new trend?

A recent lawsuit in British Columbia is the latest example of an emerging trend in which plaintiffs are seeking to hold parent companies liable in negligence in relation to the…

November 19, 2014

Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers

Closing the mine will cost $650 million to $700 million over the next five years.

November 18, 2014

What you need to know about the Canadian government’s corporate social responsibility initiative

Being eligible for “enhanced Government of Canada economic diplomacy.”