June 17, 2013

Lynas says rare earths prices 25% below sustainable level

The miner also said it would limit production to 11,000 tonnes per year at its Mt. Weld mine.

June 17, 2013

Resurgent Aussie dollar gives huge boost to Brazil, South Africa iron ore exporters

While the real and rand continues to weaken significantly, the Australian dollar is staging an impressive comeback and dealing damage to Rio Tinto and BHP.

June 17, 2013

BHP bribery accusations not fully investigated: report

Official documents reveal neither the Australian Federal Police nor the Australian Securities and Investments Commission did enough to investigate the 2008 Beijing Olympics-related claims against BHP.

June 17, 2013

Australian gold production down 5% in March quarter

"The figures follow a tough few weeks for the local gold sector."

June 16, 2013

Xstrata mining emissions causing lead poisoning in Mount Isa children: report

New research says mining emissions are a cause of lead poisoning in children in Mount Isa in north-west Queensland.

June 15, 2013

Rio Tinto raises US$3 billion in bond issue

Bookrunners are BNP Paribas Securities Corp., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Credit Suisse (USA) LLC and RBS Securities Inc.

June 14, 2013

Top 10 oil and gas producing countries in 2012

World oil production rose about 2.5% last year, from 4,019 million tonnes in 2011 to 4,119 million tonnes in 2012.

June 14, 2013

Miners’ new trilogy: flat revenues, profit drop and weak share prices

Report shows mining companies are not longer trusted on their abilities to control costs, deliver on promises and cope with resource nationalization demands.

June 14, 2013

Mitsubishi puts Australian iron ore project on hold

It failed to find an investment partner.

June 14, 2013

Fault lines lead to gold

Small-scale fault systems in the Earth’s crust have a strong correlation with the location of gold.