An undervalued mining play in a storied gold district
Fortunes are made, and sometimes lost, in the great mining rushes that drive people, prospectors and dollars on the heels of exciting discoveries.
Latest Stories
BMA investment to create hundreds of jobs
BHP Mitsubishi Alliance (BMA) has announced it will invest over two hundred million dollars into the Bowen Basin, creating hundreds of jobs, which shows the ongoing strength of Queensland’s coal industry.
Coking coal price correction turns into crash
–9% on Friday.
BHP top shareholders step up pressure for oil spinoff
They're pressing the company not only to accept a proposal by activist investor Elliott Management to spin off its US petroleum business, but to fully demerge all of its oil and gas assets.
India’s Supreme Court won’t try forcing UK to return Kohinoor diamond
The court said it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem.
Strike at Escondida hurt Rio Tinto copper output
Production for the first three months of the year slumped 37% compared with the same period of 2016.
Post cyclone coking coal price plunge
Drops 4% to $289.50 a tonne despite greater than expected Australian supply outage.
Vale’s iron ore output just hit another record
Production of the steelmaking raw material jumped 11% to 86.2 million tonnes in the January-March period, compared to the same quarter a year earlier.
American Augers upgrades bestselling surface miner
According to the company, its T1460 mechanical drive chain trencher is one of their bestsellers, as it is able to produce up to 16,000 psi rock
