April 18, 2013

Rio Tinto’s Walsh promises investors $5bn in cost savings

Aside from selling assets and slashing jobs, Walsh said the company will improve performance at all operations.

April 18, 2013

Australia aims to be largest LNG exporter in 5 years

The country's production will approach 90 million tonnes a year by 2018.

April 18, 2013

BHP Billiton announces new leadership team

Company said the changes were necessary to drive its productivity agenda.

April 17, 2013

New silicon chip could blaze a trail for quantum computing

Engineers at Australia’s University of New South Wales (UNSW) are using the nucleus of a single silicon atom as the base for […]

April 17, 2013

BHP keeps production guidance despite falling prices and bad weather

Harsh weather during the first three months of 2013 wasn't enough to knock the mining giant off course.

April 17, 2013

Rio Tinto coal mine extension turned down in Australia

Court cites environmental and social concerns for overruling approval.

April 16, 2013

Rio Tinto copper output hit hard by Utah landslide, to fall 20%

The giant miner revealed, however, a spike in first-quarter production, which sent the shares up 1.9% to 3,028p in London and received a pre-market gain estimated in 4.6% to $46.40…

April 15, 2013

Mining benefits for Australia highly exaggerated: report

Study claims most Aussie mining and gas companies gloss over the environmental and health costs of major projects to gain the necessary approvals.

April 15, 2013

Australia leases ports for $5.3bn to private consortium

The two sea gateways handle many commodities, including coal, steel, natural gas, oil and petroleum.

April 14, 2013

It’s been a good run: commodities traders out-earned the big banks 2003-2013

No matter what happens to the 'supercycle', it's been a great decade for major commodities traders.