October 7, 2012

Rusal goes cold on Gladstone plant

Russian aluminium company Rusal has revealed that it will not invest in a planned $A400 million gas-fired power plant at the refinery of Queensland Alumina Limited (QAL). QAL is a…

October 5, 2012

IBM expands into resource sector as miners strive to tamp rising costs

IBM is ramping up its provision of services and equipment to the Australian resources sector as rising costs compel miners to seek to cheaper and more efficient operating methods.

October 5, 2012

West Africa could become the next iron ore hot spot

West Africa could become the next hot spot for iron ore due to its untapped bounty of the key steel-making ingredient.

October 5, 2012

Australia plays risky balancing game with Asian suitors bearing FTA’s

Australia faces the parlous challenge of juggling trade relations with the three key East Asian economies, all of whom covet free trade agreements with the antipodean continent in order to…

October 4, 2012

Australian mining tycoon unveils plans to resurrect the Titanic

Flamboyant Australian mining tycoon Clive Palmer has plans to construct a near-perfect replica of the ill-fated giant passenger ship.

October 4, 2012

Argyle’s sparkle lights up Rio Tinto’s newest collection of rough diamonds

Miner giant Rio Tinto (LON:RIO) launched Thursday its “Specials” tender, which showcases the finest large rough diamonds from a year’s production from its three operating diamond mines.


October 4, 2012

Rio Tinto to install world’s largest underground automated mining system

Rio Tinto (NYSE:RIO) has plans in motion to install the world's largest underground automated mining system at its Argyle diamond mine in Western Australia.

October 4, 2012

Australia and Mongolia to expand ties in mining sector

Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.

October 3, 2012

Rio Tinto to survive the slowdown by making hay

While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.

October 3, 2012

Australia slashes interest rate as mining woes feed fears

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining…