June 26, 2012

Ivanhoe Australia cuts 50 jobs to $10 million

Copper and gold focused Ivanhoe Australia announced Tuesday that it will cut 50 jobs from its Queensland operations to save around $10 million.

June 25, 2012

Chinese burn fingers in the Pilbara

“This is no longer about commercial goals. It is about Chinese machismo. They have plonked down too much money to pull out now.”

June 25, 2012

Coal prices sink again as Chinese storage yards near capacity

Analysts are now saying that the world's second largest economy may not be the "long-term structural importer of thermal coal" suppliers have been betting on.

June 24, 2012

New mines set to boost gold production

A combination of new mines and the recycling of old operations is tipped to end the recent trend of falling gold production.

June 24, 2012

Doubts on Xstrata’s involvement

MINING industry-owned Wiggins Island Coal Export Terminal has selected four miners for its second-stage expansion.

June 24, 2012

BHP Billiton provides $1b silver lining

The flagging fortunes of Australia's manufacturing industry have meant the Illawarra region has had a pretty rough trot over the past couple of years. Front and centre was the decision…

June 24, 2012

Rio Tinto appoints new MD of the Argyle diamond mine

Rio Tinto Diamonds appointed Kim Truter as managing director of the Argyle Diamond Mine in Western Australia, effective from July 1.

June 22, 2012

Fortescue takes the Federal Government to court

Fortescue Metals has lodged a challenge in the High Court of Australia against the Federal Government's Minerals Resource Rent Tax on constitutional grounds.

June 21, 2012

The secular commodity supercycle explained in just one chart

Commodity bulls point to the massive build out in the developing countries to buttress their argument that the long-term outlook for metals is bullish—and the party has only just begun

June 21, 2012

Adani refutes foreign workers accusations

Indian coal mining giant Adani denied claims it's cheating the Australian migration system by sneaking in foreign workers.