September 7, 2012

Rio Tinto creates virtual mine to teach block caving

Rio Tinto (ASX:RIO) has teamed up with Sydney's University of New South Wales to create the world's first virtual mine for the purpose of teaching block caving

September 7, 2012

Rio cuts jobs at aluminum operations in Australasia

Diversified mining giant Rio Tinto has announced major job cuts at aluminum operations in both Australia and New Zealand.

September 7, 2012

Chinese demand to prop up Aussie mining boom for years to come

Australian trade minister Craig Emerson has said Chinese demand will continue to give support to the country's mining boom despite declines in export prices.

September 6, 2012

Australian H1 gold output contracts as Chinese production races ahead

Australian 2012 first half gold output has fallen 5% year on year while Chinese production gained 7%

September 5, 2012

Rinehart’s critique of Aussie economy triggers personal attacks

Gina Rinehart has raised the ire of the Australian public again with a ten minute Youtube speech on the shortcomings of the country's economy which has triggered ad hominem attacks…

September 5, 2012

Fortescue offloads Pilbara power station for $300 million

Fortescue Metals Group (ASX:FMG) has sold a power station in the Pilbara in an effort by the troubled iron producer to further reduce costs.

September 4, 2012

The world’s most precious diamond collection on sale

Rio Tinto is taking its collection of the world's most rare and valuable pink, red and blue diamonds to the auction table.

September 4, 2012

Giant white diamond found in Angola

Perth's Lonrho Mining (ASX:LOM) has discovered a giant 131.5-carat gem-quality white diamond at its Lulo Concession mine in Angola.

September 4, 2012

Rising costs and weak commodities imperil AUD$100 billion in scheduled projects

Rising labor and construction costs as well as declines in commodities prices have cast doubt on AUD$100 billion in mining and energy projects in Australia.

September 4, 2012

Children of mining town hit by wave of cancers

People raised in the former mining town of Wittenoom in Western Australia have been hit by a wave of cancers and untimely deaths many decades following the closure of a…