May 27, 2012 Granted first ever right to hire foreign workers Friday. Saturday shuns 14,000 locals queuing at jobs expo Gina Rinehart's Hancock Prospecting which is hiring 1,700 foreign workers for the Roy Hill iron mine were absent from the Australian mining association job fair in Perth and so were…
May 27, 2012 Beijing iron exchange handled only 8 transactions in its first 3 weeks It has been a slow start for China’s first physical iron ore trading platform which was launched with the idea that it would give China greater influence on the price…
May 27, 2012 Rio Tinto chief dismisses China ‘doom’ Rio iron ore chief Sam Walsh said the miner expected China to grow eight percent this year and demand for minerals to hold up, dismissing downbeat talk about the Asian…
May 25, 2012 Rinehart wealth list tally is a bit rich Gina Rinehart is the richest woman in the world "with a wealth of $29.17 billion", declared this week's edition of BRW, prompting front-page headlines around the country and a possible…
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…
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am
