December 12, 2014

PIC OF THE DAY: Gina Rinehart is an oil painting

The larger than life queen of coal and iron ore and her favourite daughter sit down for a feast.

December 11, 2014

A big boys game: BHP ships 1bn tonnes iron ore to China

BHP's first ore left Port Hedland in 1973, but 900m tonnes where shipped just over the last 12 years.

December 11, 2014

BHP moves away from iron ore to focus on new darling: copper

Forget iron ore for now, the world’s largest mining company is making a bold bet on copper.

December 11, 2014

Move over Alrosa, Rio Tinto wants to drive growth in India’s diamond sector

The miner hinted its 30-year partnership with the Indian diamond industry makes it the best fit to drive the sector’s growth in the country.

December 10, 2014

Glencore’s Glasenberg slams top iron ore producers once again

In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP…

December 9, 2014

Larger players account for 40% of global exploration budgets

A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion…

December 9, 2014

Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

December 8, 2014

BHP Billiton spin-off named South32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

December 5, 2014

Walsh: My ‘amazing’ Rio turnaround ‘will be a Harvard case study’

Rio Tinto CEO credentialing ahead of another round with "combative" Ivan Glasenberg.

December 4, 2014

Iron ore price surges

Benchmark 62% fines up 3% and premiums for high quality lump ore jump to 11-month high.