October 28, 2014

Former Anglo’s senior exec. said to have taken $3.5 million from firm

Instead of paying for mine equipment and services, the former project director sent the money to private bank accounts in Barbados and London.

October 27, 2014

CHARTS: This is how much gold miners really put into their host countries

Members of the World Gold Council spent last year a total of $47 billion in countries hosting their mining operations.

October 27, 2014

Anglo American ships first iron ore from Brazilian Minas-Rio project

Once again Cutifani delivers — freight from Minas-Rio leaves for China by year-end and within the latest estimated budget.

October 27, 2014

BHP to sell US shale assets, limit annual capex to $14 billion

The world’s biggest miner unveiled details about how it expects to meet cost-reduction and productivity improvement targets.

October 24, 2014

Iron ore and rare earth metals mining: an industry under siege?

Resource scarcity and human rights issues surrounding metals extraction, coupled with unrelenting global demand mean the industry is facing some tough realities.

October 24, 2014

A$20 Million Partnership A Win for Western Australian Kids

In the largest donation in Telethon history, BHP Billiton has committed $20 million over the next five years to the Telethon Kids Institute to improve the health and wellbeing of…

October 23, 2014

Boart Longyear gets $352m financial bail out

Saved by the bell.

October 23, 2014

Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

The move is seen by analysts as an attempt to strengthen the firm’s image.

October 22, 2014

China to scrap tariffs on Australian coal

The controversial duties, imposed earlier this month, will be eliminated once ongoing negotiations on a free trade agreement (FTA) between the two nations is finalized.

October 22, 2014

Newcrest on target to produce 2.5 million ounces of gold

Newcrest has slashed operating costs at its Cadia Valley operations as commercial production commenced at its newly built panel cave two.