July 16, 2012 Australia’s mining success places Great Barrier Reef in peril The unprecedented success of Australia's mining sector, which enabled the country to successfully weather the financial crisis and has triggered a surge in the Aussie dollar, may have caused irreparable…
July 15, 2012 BHP Billiton exits Guinea Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.
July 14, 2012 China wants to buy iron ore from a wider pool of sellers China plans to diversify iron ore imports and increase the ratio from independent miners to 50%, according to comments made Wang Xiaoqi, vice-chairman of the China Iron and Steel Association.
July 13, 2012 Ousted Vale CEO back with a bang Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an…
July 13, 2012 The Batista ‘bubble’ is bursting Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.
July 12, 2012 Planetary Resources and Virgin Galactic partner up for payload services Space mining start-up Planetary Resources has announced that it has partnered with Virgin Galactic in the quest to explore asteroids for minerals.
July 12, 2012 Rio Tinto CFO steps down, major shakeup follows Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.
July 11, 2012 Xstrata-Glencore merger to be decided Sep 7 Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach…
July 10, 2012 Nunavut Mine? Inuit want none of it Inuit in northern Quebec are requesting another review into how Baffinland's Nunavut-based iron ore project will effect the surrounding area.
July 9, 2012 New Millennium Iron Corp. reports resolution of Innu issues and work proceeding at Schefferville Having resolved their issues, the peaceful blockade involving members of the local Innu community of Scheffervile has been removed to allow access to mining and exploration areas.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
