May 31, 2015

Eighty coal jobs gone in Queensland

One-quarter of the company's workforce.

May 31, 2015

Rio Tinto signs $20M IT services deal with Empired

Contract involves support and project services for more than 170 applications. Empired is based in Perth.

May 31, 2015

What America can learn from China’s infrastructure

Heavy news indeed for the country known for building the first-of-its-kind transcontinental railway and interstate highway system.

May 28, 2015

Iron ore tycoon Gina Rinehart loses $3.8bn legal battle

She lost control of the family trust, which holds almost 25% of iron ore miner Hancock Prospecting.

May 27, 2015

Study: Climate affects copper deposits

Climate has a strong impact on copper resources, according to a new research by the University of Idaho and the University of Michigan.

May 27, 2015

No point in top iron ore miners cutting supply: Goldman

Goldman expects the iron ore "war of attrition" will continue while prices gradually decline toward its $40 per metric ton forecast by 2017.

May 26, 2015

Fortescue shares skyrocket on Chinese investment rumours

The stock surged over 15% in early trade, closing at A$2.40, or 10.6% up, after reports of Chinese-linked companies seeking permission to invest in the iron ore producer.

May 26, 2015

China’s Zijin inks deals with two Canadian firms on the same day

Perhaps the most important aspect of today’s agreements is the fact that both aim to form long-term strategic partnerships to collaborate on further ventures, opening new markets for all the…

May 26, 2015

Barrick sells 50% in Papua New Guinea unit to China’s Zijin

The deal is part of a long-term strategic cooperation agreement that will see Zijin and Barrick collaborate on future projects and joint investments.

May 25, 2015

New resource drilling commences at Toro’s Wiluna Uranium Project in W.A.

The program comprises up to 130 planned shallow drill holes (10-15m deep) for up to 1,600 metres of sonic core drilling across four deposits, Lake Maitland, Centipede, Millipede and Nowthanna.