July 23, 2012

Australia mining boom death watch: Deloitte gives it two years

"Mining companies are making it clear the current spike in investment is due to decisions taken a while back, whereas we are getting few new mining mega-projects across the line."

July 23, 2012

Iron mines imperil the Tasmanian devil

Iron ore mines slated for development in Tasmania's Tarkine region could imperil the survival of the only robust Tasmanian devil population still left in the wild.

July 23, 2012

Australia’s Caspian Oil & Gas to acquire Chilean copper project

Perth-based Caspian Oil & Gas (ASX:CIG) is set to enter the mineral exploitation sector with the acquisition of a Chilean copper project.

July 22, 2012

Calls for fundamental reform of Australian mining tax

One of Australia's leading intellectuals and a former adviser to the country's incumbent Labor Party has called for far-reaching reforms to the resource giant's mining tax and GST.

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…