August 24, 2012 Australian resource minister declares mining boom over, then backtracks Less than 24 hours after Australia's minister for resources and energy declared that the country's mining boom had come to an end, he appeared saying he was misinterpreted, and that…
August 22, 2012 BHP ditches Olympic Dam as profit tumbles The world's number one miner, BHP Billiton, has delayed its $30 billion Olympic Dam copper-uranium expansion and said no major projects would be approved until June 2013 as it tries…
August 21, 2012 Two massive diamonds in Angola dazzle investors and brighten up local industry The Australian diamond company Lonrho Mining dazzled investors Tuesday as the company confirmed the finding of two huge diamonds from the Lulo project, in northeastern Angola.
August 20, 2012 Australia’s Queensland coal industry hits new wall as Yancoal reviews expansion Already running at a loss or struggling to stay in the black, most thermal coal mines in Australia's Queensland are now facing additional challenges as exports drop and major projects…
August 15, 2012 Faith in BHP’s Outer Harbour fading fast New doubts have emerged over world number one miner BHP Billiton's (LON/ASX/NYSE:BHP) $20 billion outer-harbour project at Port Hedland, Australia, with big names such as JPMorgan and Deutsche Bank saying…
August 14, 2012 UN study to examine impact of Australian mining industry on aboriginal communities A study undertaken by the UN on the impact of the global resources sector on the world's indigenous communities is set to make the Australian mining industry an area of…
August 13, 2012 NSL’s Australia thermal coal project permit granted NSL Consolidated (ASX: NSL) announced Monday it has been formally granted the first of its four thermal coal exploration tenements, EPC 2198, in the Eromanga Basin in southwest Queensland, Australia.
August 13, 2012 Archeologists uncovered treasures at Rio Tinto coal mine Some of the oldest aboriginal artifacts have been discovered at Rio Tinto's Warkworth coal mine in Australia’s Hunter Valley.
August 13, 2012 Sinking coal prices force major job cuts in Australia Xstrata Coal confirmed Monday it has cut a number of jobs from its coal mining operations in Australia, due to sinking prices for both coking and certain kinds of thermal…
August 12, 2012 Open-cut gold mine triggers worries for Australia’s Wombat forest Environmentalists and the local community of central Victoria, Australia, are angry at the Department of Primary Industries for allowing Queensland-based company Fortitude Mining to go ahead with its gold exploration…
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am
