October 9, 2012

Gold One fires over 75% of its workers

South Africa's Gold One followed Amplats example and fired Tuesday 1,435 of its 1,900 Ezulwini employees in South Africa, after a week-long illegal strike.

October 8, 2012

Australia’s growth prospects downgraded by IMF on commodities dependence

The International Monetary Fund's 2013 growth forecast for Australia has been moderately reduced due to the country's significant exposure to international commodities markets.

October 5, 2012

Ur-Energy’s Lost Creek project now fully permitted receives record of decision from BLM

- Ur-Energy Inc. is pleased to announce the receipt of the Record of Decision (ROD) from the Bureau of Land Management approving the Plan of Operations for the Company's Lost…

October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 2, 2012

The “boom” might be over but Kiwis still flock to Australia

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.

September 29, 2012

Latin America poised to become uranium superpower

Uranium exploration and production is on a fast track in Latin American, as investors begin to realize that a few small-cap companies are controlling deposits that could be worth billions…

September 27, 2012

BHP hopes for an extension to Olympic Dam expansion plan

BHP Billiton, the world's number one miner, has put its $30 billion Olympic Dam copper-uranium expansion back in the spotlight by asking South Australia state for a 46-month extension for…

September 19, 2012

China displays continued appetite for Australian minerals with Western Desert bid

China's Meijin Energy Group has launched a USD$457 million bid for Australia's Western Desert Resources (ASX:WDR).

September 18, 2012

South Sudan chooses mining over oil

South Sudan, the world's newest nation, has announced plans to enact a mining law by the end of October, pushing ahead exploration and expansion in the likely mineral rich, but…

September 17, 2012

China’s biggest bank dials down Aussie resource sector lending

China's ICBC has announced a reduction in its lending to Australia's resource sector due to concerns that the mining boom is nearing an end.