August 26, 2016

Maintenance optimisation program ‘shuts down’ competition

New software that enables an optimal, streamlined approach to mine plant shutdown scheduling to fast track maintenance was the overall winner at today’s Curtin Commercial Innovation Awards, resulting in $15,000…

August 25, 2016

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%

August 25, 2016

South32 posts $1.6bn loss but pays maiden dividend

The miner continues to look for new assets, including Anglo American’s 40% stake in their manganese joint venture — Samancor.

August 25, 2016

This Australian man just found a massive 4kg gold nugget

Named “Friday’s Joy,” it is expected to sell for more than $190,000.

August 24, 2016

Glencore posts worst half-yearly profit since listing in London

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

August 23, 2016

3D exploration model opens up South Australia

A 3D model showing underground landscapes to a depth of 100km of an entire Australian state has been launched.

August 23, 2016

Bright export prospects for Australian equipment manufacturer

With a one-piece-flow process, built using Lean Manufacturing principles, the team completed the machines on budget and on time.

August 23, 2016

Iron ore’s rally has its days numbered — Citi

Citi analysts believe the steel-making ingredient will average $51 a tonne in the final quarter of 2016 and fall to $45 next year.

August 23, 2016

Independent report calls for urgent inquiry into McArthur River Mines risk

A report published Tuesday by the Mineral Policy Institute on environmental risks at McArthur River Mine in the Gulf of Carpentaria makes the case for an immediate inquiry into the…

August 22, 2016

Vale closer to $9 billion Chinese streaming deal – report

Impact on iron ore price uncertain as China's sovereign wealth fund leads investor group to secure portion of Brazilian giant's output for the next 30 years.