October 13, 2012 Rio still upbeat on iron ore The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over…
October 13, 2012 Fortescue lifts credit extension by $500 million Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.
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 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 Iron ore: The rollercoaster ride has only just started The transformation of the iron ore market over the last few years has been nothing less than stunning. Those with nerves of steel can look forward to even higher highs…
October 11, 2012 Iron ore pulls back from $120 despite fresh Chinese infrastructure spending The country's railways ministry is upping its investment for a third time this year – the annual budget for 2012 is now a round $100 billion.
October 11, 2012 Yale researchers discover diamond planet twice the size of the Earth A team of U.S-Franco scientists led by Yale University hit the jackpot by discovering not just another celestial body near the Earth, but one that it is likely to be…
October 11, 2012 Twiggy has a go at Rinehart for inherited wealth Andrew "Twiggy" Forrest, the founder and chairman of Aussie iron ore stalwart Fortescue Metals Group (ASX:FMG) has issued a thinly-veiled attack against fellow mining magnate Gina Rinehart for inheriting her…
October 11, 2012 Fortescue’s best paid exec suffers $35 million loss on slide in shares A recent plunge in Fortescue Metals' (ASE:FMG) shares has left the pockets of its best paid executive AUD$35 million lighter.
October 10, 2012 Stronger yuan will cheapen commodities for China: Leeb Renowned investment guru Stephen Leeb says China is pushing for a stronger yuan in order to cut the cost of its commodities purchases.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
