September 26, 2012

Tinkler’s debt woes could do harm to Whitehaven shares

The financial and legal difficulties of Nathan Tinkler could damage Whitehaven shares (ASX:WHC) due to expectations that the Australian mining magnate will dump his holdings in the fledgling coal miner.

September 25, 2012

Newmont announces lay-offs down south

Gold mining giant Newmont (NYSE:NEM) has announced lay-offs at operations in Australasia in what the company says is a precursor to world-wide retrenchments.

September 25, 2012

Debt-light miners set to best weather the commodities slump

Miners with moderate debt levels are set to best weather the commodities slump which currently besets the Australian resources sector.

September 24, 2012

Rio Tinto coal mining cull claims new victims

Rio Tinto is cutting even more coal mining jobs in Australia as the miner is struggling with a dramatic plunge in coal prices and a high Australian dollar.

September 24, 2012

General Electric unveils global mining industry business unit

GE Transportation, a unit of diversified conglomerate General Electric Company (NYSE:GE) launched Monday its newest business unit, GE Mining, which will be based out of Brisbane, Australia.

September 24, 2012

‘Culture of cover-ups’ leads to Australia’s most lethal mines

A "culture of cover-ups" has led to a fatality rate for mines in mineral-rich Western Australia which is three times greater than that of any other Australian state.

September 24, 2012

Chinese reforms anticipate sustained decline in coal prices

Slated reforms to China's pricing system for the carbon fossil fuel indicate that the country's leading decision-makers anticipate a sustained decline in global spot prices.

September 24, 2012

Sandfire defies wave of project setbacks to launch copper mine on schedule

Western Australia's Sandfire Resources (ASX:SFR) is on the verge of bringing its DeGrussa copper mine on line in accordance with its original schedule and budget targets.

September 23, 2012

Australia trade minister: No mining bust, but cutbacks and even new taxes needed

Both Australian trade minister Craig Emerson and treasurer Wayne Swan over the weekend entered the debate over whether the country is facing a period of decline as the country's resource-led…

September 23, 2012

NRW loses BHP iron ore contract

BHP Billiton has taken the axe to another project at Port Hedland, dealing a fresh blow to listed contractor NRW Holdings.