July 21, 2012 No signs of the mining boom ending for Australia any time soon: studies There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an…
July 21, 2012 China’s Sino Iron mine in Australia just got $2 billon more expensive The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.
July 20, 2012 Ivanhoe Mines successfully completes rights offering Early results indicate approximately 100% of available common shares subscribed, generating $1.8 Billion in gross proceeds
July 20, 2012 Australia’s former China ambassador concedes errors in Rio Tinto’s actions Geoff Raby, Australia's former ambassador to China, has conceded that mining giant Rio Tinto (NYSE:RIO) committed errors in the lead up to a Chinese bribery scandal several years ago that…
July 20, 2012 Jupiter Mines announces $125 million capital raising to support manganese and iron ore ops. Jupiter Mines, headed by former BHP Billiton chief Brian Gilbertson, has announced plans to raise AUD$125 million for the expansion of South African and Western Australian resource projects.
July 20, 2012 Japanese investors edgy over Australian mining disputes Japanese investors are becoming increasingly anxious over industrial relations in the Australian mining sector, in the wake of a long-standing dispute involving Mitsubishi and BHP Queensland coal operations which has…
July 19, 2012 Depressed coal prices force job cuts at Rio Tinto’s mine Rio Tinto (LON:RIO) is looking to reduce costs at its Australia’s Clermont Coal Mine, in central Queensland's Bowen Basin, driven by falling coal prices.
July 19, 2012 Australia’s Quadrant to buy mining equipment supplier CQMS Razer Australian investment firm Quadrant Private Equity has executed an agreement for the purchase of Queensland-based mining equipment supplier CQMS Razer, valuing the company at over AUD$155 million.
July 18, 2012 Australian ‘coal girl’ back in court for $30k because motel ejected her "I know of women (prostitutes) who have bought Winnebagos and caravans – but even getting a booking at a caravan park is hard."
July 18, 2012 Fortescue Metals posts record iron ore output amidst surging debt Fortescue Metals (ASX:FMG) has posted a record-breaking 17.8 million tonnes of output for the June quarter, representing a rise of 42%, while its debt volume has also surged, swelling by…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
