October 17, 2012

Oil and coal save BHP’s September quarter results

BHP Billiton (ASX,LON,NYSE:BHP), the world’s biggest miner by market value, posted Wednesday a weaker than expected September quarter from its West Australian iron ore mines as the company’s work on…

October 17, 2012

China’s share of global mining M&A’s doubles as total deals decrease

China's percentage of international mining merger and acquisition deals nearly doubled during the first half of the year according to a new report from PricewaterhouseCoopers (PWC).

October 17, 2012

Gulf in cost of borrowing reflects diverging fortunes of BHP and Fortescue

A gulf of difference in the cost of financing for Fortescue (ASX:FMG) and BHP Billiton (ASX:BHP) draws into relief the diverging outlook for the two iron ore stalwarts.

October 16, 2012

Gold Fields issues ultimatum to 15,000 striking miners

Gold Fields Ltd. (NYSE, JSE:GFI) said Tuesday it will dismiss all miners who fail to return to work by Thursday at its KDC West and Beatrix plants, as the company…

October 16, 2012

Analysts warn miners of coup d’état risks in Mauritania

Mining companies with interests in Mauritania will face some challenges, but no major disturbances in the event of a coup d'état in the northwest African country, whose President was shot…

October 16, 2012

BHP Billiton production report

The company outlines record petroleum production, an increase in Queensland coal volumes and a milestone achievement from Western Australia Iron Ore.

October 16, 2012

Rio Tinto logs record iron ore output in the Pilbara

Diversified mining giant Rio Tinto (ASX:RIO) has raised iron ore output 5% year-on-year in the third quarter on the back of record production levels in Western Australia's Pilbara.

October 15, 2012

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in…

October 15, 2012

Vale seeks $500 million IADB financing for potash project

Brazilian giant miner Vale (NYSE: VALE) is about to close a $500 million loan agreement with the Inter-American Development Bank (IADB) for its Rio Colorado potash project in Mendoza, Argentina.

October 15, 2012

Anglo American iron ore unit fires striking miners

Anglo America's (NYSE:AAL) Kumba Iron Ore announced on Monday that it had fired almost 300 workers in South Africa for participating in an illegal strike and commandeering millions in company…