MINING.COM

Aussie unions up in arms over BHP’s 100% FIFO policy

BHP’s decision to use a 100% fly-in fly-out (FIFO) workforce at its Australian Bowen Basin coal mines, instead of hiring from the local community, is generating fierce opposition in Central Queensland.

Cecilia Jamasmie | May 22, 2013 | 4:33 pm

Aluminum chief first senior executive to leave Glencore Xstrata

The unconfirmed news came as a surprise for analysts as Fegel was reconfirmed in the post only weeks ago.

Cecilia Jamasmie | May 22, 2013 | 3:30 pm

Federal Reserve chief shows no signs of ending stimulus policy

He says the central bank's easy-money policies are still necessary.

Cecilia Jamasmie | May 22, 2013 | 2:47 pm

Copper peaks to six-week high on supply concerns due to Grasberg suspension

It reached $7,525, its highest level since April 12.

Cecilia Jamasmie | May 22, 2013 | 10:27 am

John Paulson-backed Detour Gold raises $153 million for Ontario mine

Detour Lake gold mine is expected to hit production by 2013 Q3.

MINING.com Editor | May 22, 2013 | 12:49 am

Fiji moves toward deep sea mining tests

Tests are expected in the next two or three years.

MINING.com Editor | May 22, 2013 | 12:01 am

Commodity supercycle is essentially over: Citigroup

Group expects 2013 to be year in which “the death bells ring for the commodity supercycle after its duly noted sunset.”

Cecilia Jamasmie | May 21, 2013 | 6:35 pm

Beating the diamond rush

Increasing interest in diamonds as an asset class should alert the savvy investor to get on board before the idea of diamond investing catches on and prices start to rise.

Waldman Diamond Investments | May 21, 2013 | 4:58 pm