August 17, 2011 Funds slash commodity bets Funds reduced bets on rising commodity prices by the most in any week since February 2010 on mounting concern that a weakening global economy will slow demand for raw materials.…
August 17, 2011 Rio Tinto halts operations at two Australian iron ore mines after death World no. two iron ore producer Rio Tinto announced on Wednesday it is suspending operations at two mines in Pilbara, Western Australia following the fatality of a worker. "Operations at…
August 17, 2011 Rio Tinto strikes it rich – at the box office The world's number two miner provided funding and logistical support as far back as March 2010 for Red Dog, a movie about a kelpie roaming the mining towns of the…
August 16, 2011 Rio Tinto agrees to union collective agreement first time in 20 years Mining union members have approved a three-year collective agreement with Rio Tinto, ending two decades of union exclusion from the company's Pilbara operations.
August 16, 2011 BHP profit to top $2.5 million per hour The market is expecting BHP Billiton to post record-setting annual profits of $US22.1 billion next week on revenues forecast to be a staggering $71.9 billion. BHP investors, whose stock has…
August 16, 2011 Rio Tinto plans to double Labrador mine output Mining giant Rio Tinto intends to increase production dramatically at the Iron Ore Company of Canada site in western Labrador.
August 16, 2011 Macmahon awarded several Australian mining contracts Contract mining and construction firm Macmahon Holdings has secured various Australian mining contracts worth $90m. The first contract involves predevelopment work adjacent to current operations at BHP Billiton Iron Ore's…
August 16, 2011 India keeping more iron ore at home India’s iron ore exports, which fell for the first time in a decade last year, could halve over the next five years as the country feeds the expansion of its…
August 16, 2011 Jack Hills iron-ore expansion gets EPA approval The Western Australian Environmental Protection Authority (EPA) has given the nod for the proposed expansion of ASX-listed Murchison Metals’ Jack Hills project. The EPA determined that the proposed mine expansion,…
August 15, 2011 India fails to enter brave new world of iron ore trading India’s iron ore exports could halve over the next five years as the country feeds the expansion of its steel industry and resource nationalism becomes a big driver of policy…
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