July 12, 2016

Iron ore skyrockets to nearly $60 per tonne

Chinese import price for 62% iron content fines at the port of Qinqdao rose 6.7% to $59.38 a tonne, the largest one-day percentage increase since April 21.

July 11, 2016

Gold price rally helps producers climb world’s top 25 mining companies list

Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.

July 8, 2016

Australia slashes iron ore price forecast 20%

Dept of Industry says loss-making mines are staying open for longer than expected aggravating oversupply.

July 8, 2016

High grade South Korean gold projects acquired under Southern Gold’s strategic overseas expansion

A suite of high grade gold assets in South Korea, most of them historic underground or artisinal gold and silver workings, some of which extend over a large footprint, are…

July 8, 2016

BHP Billiton’s Olympic Dam set to reach highest copper production in a decade

Red metal production at the copper-uranium mine is expected to hit around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.

July 7, 2016

Solar panel recycler leads Australia in emerging industry

Adelaide-based Reclaim PV has teamed up with major solar panel manufacturers who distribute in Australia and is refining its processes as well as lobbying for panels to be included in…

July 7, 2016

First glimpse of potential Nullarbor treasures

SOME of the first geological images of one of the world’s last unexplored mineral frontiers have glimpsed the mining potential of Australia’s vast Nullarbor Plain.

July 5, 2016

BHP greenlights expansion at Escondida copper mine in Chile

With the expansion, Escondida is targeting an average output of 1.2 million tonnes a year over the next decade, up from about 940,000 tonnes it produced last year.

July 4, 2016

Rio Tinto sells its Blair Athol coal mine for less than a bus ticket

The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.

July 1, 2016

BHP said to be after Potash Corp again

BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.