July 26, 2011

New $1.5 billion nickel mine can start dumping waste in PNG ocean

Australia's Highlands Pacific and China Metallurgical Group can now power on their $1.5 billion Ramu nickel project in Papua New Guinea after a judge threw out the environmental challenge to…

July 26, 2011

Indian iron ore mining mess – Drop three ministers over illegal mining

An NGO waging a battle against illegal mining asked Karnataka chief minister Mr BS Yeddyurappa to drop three ministers of Bellary including tourism minister Mr G Janardhana Reddy from the…

July 26, 2011

China target to break Big 3 grip on iron ore

China Daily cited an industry official said China the world largest steelmaker and iron ore consumer has set a target of dramatically increasing ore imports from Chinese invested resources in…

July 26, 2011

Can Goldman, Morgan Stanley recover commodities moxie?

At the once-feared commodity trading arms of Goldman Sachs and Morgan Stanley, the pressure to do better in the second half of this year has never been more intense.

July 26, 2011

Union power in Pilbara boosted by ruling

A landmark victory in the Federal Court looks set to give unions more power to bargain on behalf of workers at Rio Tinto and BHP Billiton iron ore operations in…

July 26, 2011

Fortescue can still make profits at US$70/t, new CEO says

The bubble that is keeping iron ore prices at historic highs may be about to burst, and when it does, iron ore giant Fortescue Minerals will still be making money,…

July 25, 2011

Globex options second Labrador Trough iron project

Globex Mining Enterprises Inc. announce Monday that it has signed an Option Agreement with Titan Iron Ore Corp wherein Titan may earn 100% interest in a Globex, Labrador trough area…

July 25, 2011

We’ll buy iron ore from our own companies, Chinese warn

Beijing has issued a veiled threat to Australia's long-term economic future. It has vowed to break the power of the big mining companies by sourcing 50 per cent of its…

July 25, 2011

Canada makes a deal a day as mining M&A head towards $200 billion

The value of mergers and acquisitions in the mining sector more than doubled to $96.3 billion in the first six months of the year and could top $200 billion for…

July 25, 2011

India’s illegal iron ore mining scandal grows, could bring down state government

Indian Express reports Karnataka Chief Minister B S Yeddyurappa, currently holidaying in Mauritius, is among a slew of politicians, many of them from the BJP party, set to be named…