September 1, 2012

Queensland could miss out on millions in uranium investment under Newman government

The chairman of Perth's Summit Resources (ASX:SMM) has said Queensland could miss out on millions in uranium investment due to the Newman government's failure to establish a more welcoming policy…

September 1, 2012

Lego robots teach students in hope of filling hi-tech skills gap

A school in Western Australia has adopted the innovative pedagogic technique of using Lego robotics to teach students about mining processes, with the long-term goal of providing skilled tech-savvy workers…

August 31, 2012

Diving iron ore prices drag Aussie miners lower

A recent dive in iron ore prices spurred by China's slowing economy has dragged down the share prices of major Australian miners.

August 31, 2012

Fortescue chief raises stake in company by AUD$39 million as iron ore prices plunge

The founder and chairman of Fortescue Metals Group (ASX:FMG) Andrew Forrest raised his stake in the company by AUD$39 million this week amidst declines in the prices of both Fortescue…

August 30, 2012

Xstrata kicks off production at Mount Margaret mine‎

London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.

August 30, 2012

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss…

August 30, 2012

World’s richest woman proposes minimum wage reduction for envious and lazy

Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense…

August 30, 2012

Australia pushes for expansion into African mining

Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.

August 29, 2012

Condoto Platinum signs cooperation agreement for significant-scale alluvial mining operation in Novita, Colombia

Condoto Platinum NL (ASX:CPD) (the “Company”) is pleased to announce that it has signed a Cooperation Agreement with Evelio Casimiro Martinez Asprilla (“Martinez”) in order to commence bulk sampling initiatives…

August 29, 2012

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity,…