September 13, 2012

Unions reject BHP Billiton Limited’s latest coking coal mine labor agreement

A spokesman representing unions engaged in an ongoing labor dispute with BHP Billiton Limited, at its coking coal mines in northeastern Australia, […]

September 13, 2012

Newcrest announces temporary suspension of mining operations at Ridgeway underground mine

Today, Newcrest Mining Limited announced that mining operations at the Ridgeway underground mine have been temporarily suspended following the failure of a section of the conveying system on September 12,…

September 13, 2012

More coal mining jobs axed in Australia; Vale joins BHP and Xstrata

Brazilian mining giant Vale has followed the gloomy trend set by BHP and Xstrata by announcing it will lay-off workers at its coal operations.

September 13, 2012

Australia and Chile sign mining deal

Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Chile's Ministry of Mining have signed an agreement to improve education, safety, and research and development in the global mining industry.

September 12, 2012

BHP scraps plans to dominate Olympic Dam area

BHP Billiton (ASX:BHP) has scrapped plans to purchase exploratory land in the area adjacent to the Olympic Dam project.

September 12, 2012

Australian mining entrepreneur convicted and jailed by Indonesian court

Australian businessman Dennis Connell has been convicted by an Indonesian court of embezzlement in relation to a botched business deal.

September 11, 2012

Australia’s new tax hike angers miners and may hit projects

Australia’s mining giants are threatening both the government of Queensland and the federal authorities with dropping all of their new projects in response to the state’s surprise increase in coal…

September 10, 2012

Australian coal industry to slash 900 jobs

Australia's coal miners are slashing 900 jobs against a backdrop of declining commodities prices and higher costs.

September 10, 2012

Further signs of stimulus plans from a slowing China

China is showing further signs that stimulus spending to prop up its slowing economy could well be on the way with President Hu Jintao evincing a commitment to economic growth…

September 7, 2012

Gold breaks out; jobs report is weak

In anticipation of the job's report, the markets and gold jumped yesterday, but there was no good news for President Obama as Friday's report shows the US added a paltry…