April 22, 2014

Australia’s $6.5bn Oakajee project backer holds long record of shady businesses

The Oakajee port and rail project has the potential to become one of the major suppliers of Australian iron ore to Asia.

April 20, 2014

US first rare earth mine in decades may be in Wyoming

At the moment about 90% of the world’s rare earths —used in a variety of industries including green technology, defence systems and consumer electronics— come from China.

April 18, 2014

One more reason iron ore price won’t stray too far from $120

Beijing's strategy to consolidate the domestic iron ore industry under six to eight large miners has been met with skepticism.

April 17, 2014

China, Japan and ‘mystery local billionaire’ potential developers of Oakajee project

While the WA government is favours Chinese capitals, Australian junior Padbury Mining says it has secured $6.5 billion to take over the project, but refuses to reveal backer's name.

April 16, 2014

Fortescue misses expectations, vows to step up output to meet target

Australia's third biggest iron ore miner won’t give up on its full year export target of 127 million tonnes.

April 16, 2014

Australia to begin exporting uranium to the Middle East

The deal, signed in 2012, could see Aussie miners exporting up to 800 tonnes of yellow cake a year to the Middle East by the end of the decade.

April 16, 2014

Brazil’s iron miners risk losing market share to Australian competitors

Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.

April 16, 2014

Rio Tinto iron ore output hit by bad weather in Australia, Canada

Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.

April 16, 2014

Two workers killed in wall collapse at Australian coal mine

The employees died following the incident at the Austar coal mine in the Hunter Valley region of New South Wales state.

April 15, 2014

BHP at full throttle

Operational update shows record production achieved for four commodities and at 10 operations.