March 19, 2014

MMG confirms negotiations with Glencore over Las Bambas; no guarantee of agreement

This is the first statement in which MMG has confirmed its intention to buy Las Bambas.

March 19, 2014

Juniors see Australia’s new tax incentive as a lifesaver

Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.

March 18, 2014

Jeb Handwerger: China isn’t slowing down, it’s buying up (resources, that is)

Headlines about a Chinese economic slowdown may get good web traffic, but the real story is that China is buying up uranium and other resources around the world.

March 17, 2014

BHP and Rio Tinto to be lent $100 million by Australia’s government

Companies will get $100 million for a joint-venture in Chile, under the latest funding deal by Australia's controversial Export Finance and Insurance Corporation.

March 17, 2014

Rio Tinto sitting on vast Canadian potash deposit near BHP mine

Rio's partner in the project claims there is the potential for a long-life, low-cost mine.

March 16, 2014

BHP’s Mackenzie vows ‘substantial’ cash returns to shareholders by June

The only stumbling block is the firm's $27bn net debt, which BHP expects to drop below $25bn in three months, removing the final hurdle.

March 16, 2014

Rio Tinto to pay an extra $75 million in taxes on new rulings

The miner is warning the multitude of new legislation could send compliance costs soaring by tens of millions of dollars for global companies.

March 16, 2014

India’s Goa freezes third phase of iron ore e-auction

Due to slump on prices for the steel-making material.

March 16, 2014

PICTURE OF THE DAY: Sunrise at Port Hedland, Australia

A grader working a salt mine in Port Hedland, Australia.

March 14, 2014

PICTURE OF THE DAY: An open pit wedding cake

Tom Kern shared a picture on Facebook of his wedding cake styled as an open pit complete with a Cat excavator and […]