June 13, 2013

VIDEO: Australia’s Kingsgate Mining discusses its golden rules

CEO Gavin Thomas talks about the current business environment in Australia and other parts of the world.

June 13, 2013

Back from holidays, Chinese traders chase iron ore higher

After a three day break, Chinese traders make the most of soft iron ore prices to replenish inventories that remain more than 20% lower than a year ago.

June 13, 2013

Access to capital the top current challenge for the mining sector: Ernst & Young

The report also says junior miners will continue to be cash strapped for at least another year, as the global mining industry slows down.

June 13, 2013

Lundin pays US$325 million for Rio Tinto’s Eagle Mine

Underground nickel/copper mine in northern Michigan.

June 13, 2013

Trade commission approves Capstone Mining acquisition of Pinto Valley

The deal is estimated to be wrapped up by Q3 of this year.

June 11, 2013

Mining suppliers short-term forecast mainly overcast: report

Experts say mining services providers’ earnings will continue to fall this year.

June 11, 2013

Queensland miner switching to 100% local workforce

At the start of 2013, the company was flying in and out 70 workers from other areas of Australia.

June 10, 2013

Shale adds 47% to global gas reserves, 11% to global oil: EIA study

The estimates are "highly uncertain and will remain so until they are extensively tested with production wells."

June 10, 2013

Rio Tinto releases pink diamond and gold ingot

The Perth Mint will sell 168 limited edition pieces.

June 10, 2013

The disappearing net worth of Australian mining moguls

"Western Australia is arguably close to experiencing recession-like conditions."