October 17, 2012 Gulf in cost of borrowing reflects diverging fortunes of BHP and Fortescue A gulf of difference in the cost of financing for Fortescue (ASX:FMG) and BHP Billiton (ASX:BHP) draws into relief the diverging outlook for the two iron ore stalwarts.
October 17, 2012 Australian PM open to uranium sales to India Uranium sales are set to be a key issue of discussions between Australian Prime Minister Julia Gillard and her counterparts in New Delhi during an official visit to India.
October 16, 2012 Rio Tinto logs record iron ore output in the Pilbara Diversified mining giant Rio Tinto (ASX:RIO) has raised iron ore output 5% year-on-year in the third quarter on the back of record production levels in Western Australia's Pilbara.
October 15, 2012 Queensland coal miners blame retrenchments on royalty hikes A survey of Queensland's coal miners reveals that new royalty hikes have compelled many to pursue cost cuts and implement worker retrenchments.
October 14, 2012 Macmahon expects gold to shore up company outlook The CEO of Australia's Macmahon Holdings (ASX:MAH) expects gold to continue performing well despite the weak outlook for the mining sector in general.
October 13, 2012 Rio still upbeat on iron ore The head of Rio Tinto's (ASE:RIO) iron ore business in Western Australia has expressed optimism about the sector's prospects despite a plunge in spot prices this year and concerns over…
October 13, 2012 Fortescue lifts credit extension by $500 million Australian iron ore titan Fortescue Metals Group (ASE:FMG) has increased the size of its credit facility by USD$500 million.
October 12, 2012 Australian miners fire locals and import foreigners While big miners such as BHP (NYSE:BHP), Xstrata (LON:XTA) and Vale (NYSE:VALE) continue to slash jobs across its operations in Australia, some companies are hiring more foreign workers to carry…
October 12, 2012 15% of Queensland’s mining jobs to disappear in two years Analysts say more coal jobs will be axed in the Australian tropical state of Queensland as the beleaguered resources sector continues to weather a barrage of adverse factors.
October 12, 2012 Discovery Metals rejects $830 million bid from Shanghai PE firm Africa-focused copper miner Discovery Metals (ASX:DML) has rejected a bid from Shanghai's Cathay Fortune on the grounds that the proposed AUD$830 million consideration is insufficient.
Paulson lifts stake in International Tower Hill with Alaska gold project The Vancouver-based company raised $118 million including $74.8 million in its offering of common shares at $2.22 in the US. January 31, 2026 | 06:45 am
