August 30, 2012

World’s richest woman proposes minimum wage reduction for envious and lazy

Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense…

August 30, 2012

Australia pushes for expansion into African mining

Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.

August 29, 2012

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity,…

August 29, 2012

China slows overseas investments during leadership transition

MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.

August 28, 2012

More singers join the ‘supercycle is over’ choir

Financial Times analysts are the latest ones singing the “supercycle is over” song, as the paper points today to recent profit reports from major miners, including Anglo American, BHP Billiton,…

August 28, 2012

China snaps up US assets

China's overseas buying spree continues unabated, with companies upping the pace of their US asset purchases.

August 28, 2012

China’s push for end to Aussie iron ore boom

Jeffrey Wilson of Murdoch University's Asia Research Centre examines China's pivotal role in the boom and possible bust of Australia's iron ore sector.

August 27, 2012

BHP sells Australia’s mammoth uranium deposit

BHP Billiton (LON/ASX/NYSE:BHP) took Monday another step away from resource expansion in Australia, particularly in the uranium sector. The world's number one miner announced it's selling one of the country's…

August 27, 2012

Global mining professionals anticipate surge in salaries

A recent survey conducted by resource and energy sector HR firm EarthStream shows mining professionals around the world expect major salary gains in the upcoming year.

August 27, 2012

The great, long-awaited China rebalancing act may have already begun

Peking University finance professor Michael Pettis writes on his blog that the long-anticipated rebalancing of the Chinese economy may have already commenced.