Up to 20,000 mining jobs gone in Australia by 2018 — report
Mining investment in Australia is forecast to fall a further 58% the next three years.
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Iron ore keeps falling, drops below $43 a tonne
If that sounds bad, then you might not want to hear that the most-active iron ore futures in Singapore sank Monday below $40 a tonne for the first time ever.
Barrick, NovaGold project in Alaska a step closer to becoming the region’s largest development
The Donlin deposit holds an estimated 33 million ounces of gold, which would be extracted over the expected 27-year operating life of the open pit mine.
The upside of a down mining market
When the instinct is strongest to curl up in a ball and wait out the ravages of the down market is also when smart companies snap up distressed projects and get to work while capital costs are low.
Ronald-Peter Stöferle: Monetary Tectonics and The Austrian School of Economics
First there is monetary inflation, then there is asset price inflation, and the final stage will be consumer price inflation.
China to slash copper output by 5%
Copper producers in China are taking drastic measures to arrest the plummeting price.
Yuan could soon sit inside elite basket of currencies
The Chinese yuan is gathering prestige in the eyes of the International Monetary Fund, a move that could set off alarm bells in Washington.
African Minerals sued by Sierra Leone villagers
African Minerals Limited (OTCMKTS:AMLZF) is being sued in a London court over allegations that it evicted residents and violently mistreated workers and villagers living close to one of its mines in Sierra Leone.
Brazil sues BHP, Vale for ‘initial’ $5 billion over spill
Federal government, two states sue iron ore giants over devastation from dam burst that washed mud 600km down Brazil's second largest river system.
