June 24, 2014

Aussie firm rejects claims of planning to mine for rare earth in Idaho

There is an estimated 104,300 metric tons of thorium and rare earth element-rich veins in the area where MMG Limited has been granted exploration rights.

June 23, 2014

Mongolia says Rio Tinto owes $130 million in Oyu Tolgoi unpaid taxes

The long-dragged dispute between Rio and the Mongolian government over a $6.6 billion underground expansion of Oyu Tolgoi has hit a fresh impasse.

June 23, 2014

Emerging markets firms to lead global mining sector: PwC

Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.

June 20, 2014

Iron ore price builds on rally

But Chinese banks are starting to call in iron ore-backed loans to traders holding 38mt, forcing them to dump inventories onto already well-supplied market.

June 19, 2014

Australia’s mining jobs running dry as sector growth slow

The country's mining industry has lost 6,600 workers in the three months to May.

June 18, 2014

Iron ore price in mini rally

Back above $90 a tonne after soaring Indian ore import numbers lift sentiment.

June 18, 2014

Newcrest hit with Australia’s biggest fine: over $1.1 million

After the gold company admitted disclosure breaches on two occasions last year.

June 18, 2014

New Zealand rejects underwater iron mine

The company now has 15 days to appeal with the High Court.

June 17, 2014

China’s top gold firm talking to Barrick, has Friedland ‘hotline’

China's largest gold miner, China National Gold, is actively looking for partnerships and acquisitions around the world.

June 17, 2014

Rare earth prices have turned

Don't underestimate Beijing's resolve to crack down on its dirty, low-tech industry and the effect it will have on supply and prices says two new reports.