December 23, 2012

Mining costs soar as productivity languishes, superfluous staff proliferate

Excess sub-contractors and outdated construction techniques lead to cost blowouts and project delays

December 22, 2012

BHP rejects $50 million offer for Port Hedland resort

BHP Billiton has turned down a AUD 50 million offer from a consortium of investors for a collapsed resort project at Port Hedland. BHP's move is expected to lead to…

December 22, 2012

Iluka appoints 2 new non-executive directors to board

Iluka Resources has appointed James Hutchison Ranck and Greg Martin as non-executive directors to its board.

December 21, 2012

Chinese withdraw from $3bn iron ore project in Western Australia

State-owned company to shut its Perth office and withdraw most of its staff

December 21, 2012

Resource nationalism assumes more insidious forms

Tactics shift from frank expropriation of assets to increased royalties and stricter procurement requirements

December 21, 2012

Southern parvenu seizes control of New York Stock Exchange

Metals and energy trader clinches historic deal with NYSE Euronext.

December 20, 2012

Iron ore miners ending 2012 on a positive note

Vale, Rio Tinto and BHP Billiton reach an almost one-year high.

December 20, 2012

Despite 2012 commodities slump emerging market demand set to fuel higher, more volatile prices

"In a resource-constrained world, value creation moves towards the owners of resources" is the conclusion of a new report from McKinsey

December 20, 2012

Finally – a definitive online source for malfunctioning mining machinery porn

The Mining Mayhem blog aspires to be the definitive resource for photos in the genre

December 19, 2012

BHP to sell its Guinea iron ore mine to B&A Mineração

BHP Billiton (ASX, NYSE:BHP) has reportedly chosen mining venture B&A Mineração as the preferred bidder for its Mount Nimba iron ore mine, one of the largest deposits of the mineral…