In the largest donation in Telethon history, BHP Billiton has committed $20 million over the next five years to the Telethon Kids Institute to improve the health and wellbeing of children in Western Australia.

Total performance lubricant manufacturer, Bel-Ray, today announced the release of its new Molylube Ultra, its highest performing open gear lubricant. Molylube Ultra performs the work of three different products with its ability to be used for priming, running in and service lubrication of draglines, shovels and a number of other mining and heavy industrial applications.

The World Gold Council predicts that India will import 850 to 950 tonnes of gold this year.

Gold fell on Thursday as stronger-than-expected economic data and upbeat corporate results lifted stocks in Europe and the United States.

Saved by the bell.

Efficiency, reliability and total cost of ownership are all terms that are at the forefront of engineering considerations, however looking at items of equipment on an individual basis may not deliver the maximum benefits. By looking at the wider picture and combining the best technology from individual areas it is possible to achieve much more significant savings and efficiencies.

The move is seen by analysts as an attempt to strengthen the firm’s image.

The equipment maker beat analysts' expectations and the stock is skyrocketing in premarket trading.

Tanzania's largest gold miner reported a 17% jump in third-quarter core profit, and said it anticipates full-year costs at the lower end of it target range of $1,100-$1,175 per ounce sold.