September 27, 2012 BHP hopes for an extension to Olympic Dam expansion plan BHP Billiton, the world's number one miner, has put its $30 billion Olympic Dam copper-uranium expansion back in the spotlight by asking South Australia state for a 46-month extension for…
September 27, 2012 China’s Zhongrun to nab 42% stake in Australian gold producer Noble Mineral China's Zhongrun Resources Investment Corp is on track to acquire 42% of Australia's Noble Mineral Resources (ASX:NMG) for AUD$85 million as well as options to obtain a majority stake.
September 27, 2012 Tinkler toppled by debt woes and botched takeover bid Nathan Tinkler's fortune has plunged by over 50% since last year causing the electrician-turned-mining magnate to tumble to second place on a list of Australia's richest young entrepreneurs.
September 27, 2012 Aussie mining heiresses duke it out in court over Hope Downs deposits The scions of two of Australia's leading mining dynasties are waging battle in court once again, this time over ownership of the Hope Downs iron ore deposits in Western Australia's…
September 26, 2012 Xstrata closes nickel mine in Australia Diversified miner Xstrata (LON:XTA) announced Wednesday it is suspending operations at its Cosmos nickel mine in Western Australia, as nickel prices have plummeted dramatically.
September 26, 2012 Fortescue inks $1.4 billion deal with Leighton to boost iron ore output Australian iron ore stalwart Fortescue Metals (ASX:FMG) has signed an AUD$1.4 billion deal with Leighton Contractors which is set to raise output to 115 million tonnes by early 2013.
September 26, 2012 Infrastructure upgrades the key to unlocking Yilgarn’s iron ore potential Preliminary studies by the Yilgarn Iron Producers Association (YIPA) assert that modest improvements to infrastructure could unleash the iron ore potential of the mineral-rich region of Western Australia.
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.
Indonesian coal association says quota cuts risk mine shutdowns Indonesia flagged plans to slash coal output to about 600 million tons a year in a bid to boost prices for the commodity. February 01, 2026 | 09:05 am
