Almost 30,000 mining jobs and $9.5bn in investments at risk in Australia
Mostly affecting the country's coal sector, which lost over 1,000 jobs last week alone.
Latest Stories
Winklevoss twins launch $20 million Bitcoin IPO
In a 74-page document filed Monday with the US Securities and Exchange Commission, the brothers say they will protect the virtual currency like gold bars —in vaults.
South Africa’s mining industry can’t afford wage talks failure: Chamber
If so they will end up destroying the country’s largest export industry as well as its credit rating, warned Tuesday the Chamber of Mines.
BHP Billiton to cut contractors at its iron ore operations
The world’s largest miner is fast-tracking the modernization of its Pilbara iron ore division.
Planetary Resources surpasses $1.5m to launch world’s first crowdfunded space telescope
Achievement marks most successful Kickstarter for a space project and ranks among Top 25 campaigns in Kickstarter history.
Gold price surges as bargain hunters scramble for cheap metal
The gold price surged nearly $40 an ounce on Monday as a weaker dollar helped the metal recover from one of its worst quarterly performances in history.
China, base metal tiger, sets the trend for metals
Stefan Ioannou of Haywood Securities tees up near-, medium- and long-term scenarios for three industrial metals—copper, zinc and nickel—and explains why he is most enthusiastic about zinc.
Mozambique guerrillas threaten country’s energy infrastructure
The first European colonial empire to be established, Portugal’s overseas territories were some of the last to attain independence, leaving aftershocks which reverberate to this day, particularly in Mozambique.
Rio Tinto’s Diavik diamonds debut in Israel
Rio Tinto has announced that rough diamonds from its Diavik mine in Canada will, for the first time, be available for viewing in Israel.
