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…

August 11, 2012

Myanmar is open for business and ready for a gold rush

Myanmar —until recently called Burma— is slowly but steadily starting to attract foreign investment, driven mainly by international resource firms eager to tap into the mineral-rich South East Asia's country.

August 10, 2012

Analysts say dump Lynas

Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced…

August 9, 2012

Mine Site Technologies opens new global headquarters in Sydney

Mine Site Technologies (MST) has officially opened its new global headquarters facility in Sydney, NSW, Australia.