October 5, 2012

New mining rules coming up for Canada’s northern Ontario already igniting debate

A new set of regulations for prospectors and mining companies working claims in Northern Ontario, Canada, which goes into effect Nov. 1, is already stirring some controversy as First Nations…

October 5, 2012

Kloppers offloads $5 million BHP stock. Don’t worry it’s just a tax thing

At the same time the 50-year-old boss of the world's number one miner also pocketed 300,000 BHP shares worth more than $10 million thanks to the company's employee share incentive…

October 5, 2012

Asteroid-mining firm hiring “space nuts” and interns

Google’s billionaire co-founders and filmmaker James Cameron’s owned asteroid-mining focused Planetary Resources is hiring interns for 2013.

October 5, 2012

Indian state of Goa forced to halt all mines

India’s Supreme Court order the state of Goa to halted all mining activities in Goa, including transportation of already mined manganese and iron ore, and sought responses of the union…

October 5, 2012

Vale freezes operations at two plants due to falling steel demand

Brazil’s mining giant Vale (NYSE: VALE) will temporarily halt operations at its São Luís and Tubarão I and II pellet plants starting October 8 and November 13 respectively.

October 5, 2012

IBM expands into resource sector as miners strive to tamp rising costs

IBM is ramping up its provision of services and equipment to the Australian resources sector as rising costs compel miners to seek to cheaper and more efficient operating methods.

October 5, 2012

West Africa could become the next iron ore hot spot

West Africa could become the next hot spot for iron ore due to its untapped bounty of the key steel-making ingredient.

October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 4, 2012

Not one Chinese iron mine makes money at $80. There’s your new price floor

The outlook for iron ore has certainly become more clouded since July, but some of the more bearish analysts may be overshooting on the downside.

October 4, 2012

Australian mining tycoon unveils plans to resurrect the Titanic

Flamboyant Australian mining tycoon Clive Palmer has plans to construct a near-perfect replica of the ill-fated giant passenger ship.