May 25, 2012 Foreign workers to relieve labour shortage in Australia’s mining industry Australia’s government announced Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom.
May 24, 2012 Rio Tinto awards over $1 billion in Aboriginal joint venture and direct business contracts for Pilbara expansions More than $1 billion in both Aboriginal joint venture and direct business contracts for Rio Tinto's Pilbara expansion projects have now been awarded over the last two years. The milestone…
May 23, 2012 Zuckerberg lost $1.5 billion in 24 hours, but he wasn’t the unluckiest billionaire. Batista was The declines wiped $1,744,800,000 from Batista's personal fortune in one day, which means he fared worse than Mark Zuckerberg who suffered more than $1.5 billion in losses as a result…
May 22, 2012 Brazil’s Usiminas scales back iron ore mining plans Brazilian steelmaker Usiminas has cut back on plans to expand its iron ore production, reducing its targeted output by 2015 to 25 million tonnes from 29 million tonnes, the company's…
May 21, 2012 Is post-Taylor diamond mining in Sierra Leone clean? Charles Taylor, was convicted in April of war crimes for arming Sierra Leone's rebels in return for blood diamonds. Taylor is now awaiting sentencing and the BBC tries to find out…
May 21, 2012 Billionaire battle: Property tycoon says Rinehart is bilking him out of iron royalties Gina Rinehart, the world of mining's 4th richest person, is meeting a fellow billionaire Stan Perron in the Australian supreme court this week in a fight over – no surprises…
May 21, 2012 Iron ore hits six-month low as China just says no Iron ore prices fell on Monday to six-month lows of $130/tonne as Chinese steelmakers demand cargo deferrals or simply default on shipments.
May 21, 2012 Motley Fool says Rio Tinto is a 4-star stock ready to pop Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global mining giant Rio Tinto (NYSE: RIO ) has earned a respected…
May 20, 2012 Tata Steel forecasts improved demand amid European woes India's Tata Steel forecast improving global demand in spite of European woes, as the world's No.7 steelmaker reported a bigger-than-expected drop in quarterly profit after being squeezed by weak prices,…
May 20, 2012 Alrosa not planning major investment in Timir iron ore project Interfax cited Mr Igor Kulichik Russian diamond miner vice president and financial director as saying that Alrosa is not planning major investments in the near term in the Timir iron…
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
