September 17, 2012

Northern Iron suspends exploratory plans following iron ore price dive

Mining junior Northern Iron (ASX:NFE) has suspended exploratory plans due to sharp declines in iron ore prices which have severely affected the sector's other major players.

September 17, 2012

China’s biggest bank dials down Aussie resource sector lending

China's ICBC has announced a reduction in its lending to Australia's resource sector due to concerns that the mining boom is nearing an end.

September 16, 2012

How China drives commodities down

Australia's resources minister, Martin Ferguson, has caused a stir with his assertion that the country's mining boom, one of the biggest drivers of its economic growth, is "over". As he…

September 16, 2012

Oz non-mining sector needs to step up

One of Australia's leading economic forecasters says it is shocked and disappointed at how poorly Australia's non-mining sector is performing at a time it should be offsetting a slowdown in…

September 16, 2012

Mining giants cut jobs

Coal miners are cutting 900 jobs in Australia, in the latest sign that falling commodities prices and rising costs are taking their toll on the mining sector.

September 14, 2012

ERA dismisses accusations about stealth uranium mining

The Environment Centre NT (ECNT) and the Australian Conservation Foundation recently accused Energy Resources of Australia Limited (ERA) of expanding operations at its Ranger 3 Deeps project without environmental assessments.

September 14, 2012

Iron ore price plunge: Twiggy’s problem opens gap for Gina

Fortescue's troubles have led to speculation that it is now a firm takeover target.

September 13, 2012

Anglo Pacific: Increase to coal royalty rate in Queensland to impact Kestrel and Crinum Mines

Anglo Pacific Group PLC announced that the proposed changes to royalty rates, which were announced by the Queensland Government on September 11, 2012, are also expected to apply to the…

September 13, 2012

Mining jobs in Australia fall for first time in three years

Who said the boom was not over?

September 13, 2012

Lynas to face more troubles over Malaysian plant

According to a report by Fairfax Media, Lynas Corporation Limited may face more obstacles at its rare earths processing plant in Malaysia after a group of activists confirmed its commitment…