May 17, 2012

Western Australia to review state royalties

The Western Australian government on Thursday reported that it would be conducting a review on its royalty system over the next three years.

May 17, 2012

Rio Tinto doubles mine trainees in Australia

Miner Rio Tinto has announced plans to double its mine trainee and apprenticeship programs to meet future demands in Australia, reports Australian Mining.

May 16, 2012

Falling off the supercycle: BHP puts the brakes on capex, stock hits 3-year low

“Where the industry previously lacked investment opportunities and choice, it now has more projects than cash flows. All of us in the industry are having to make choices.”

May 16, 2012

General Electric to buy up mining specialists Industrea and Fairchild International

General Electric (NYSE: GE) announced it is pursuing acquisitions of two underground mining equipment manufacturers in support of the global expansion of its mining business.

May 16, 2012

Feminist group crashes mining meeting in Australia

A group of bearded women belonging to the feminist group La Barbe, crashed last night's Melbourne Mining Club meeting to congratulate the mining industry for its exclusion of women and…

May 16, 2012

AREVA and Mitsubishi co-operate on Australian uranium exploration

AREVA and Mitsubishi Corporation, through their respective subsidiaries Afmeco Mining and Exploration Pty Ltd (AFMEX) and Mitsubishi Development Pty Ltd (MDP), have decided to work together in a uranium exploration…

May 15, 2012

BHP Billiton puts its money on the iron ore market and China

BHP Billiton Ltd. (NYSE:BHP) is betting on the iron ore market as one of the forces to drive the mining industry in the next decade, especially as developing nations such…

May 15, 2012

Junior company hoping to extend Kalgoorlie’s Golden Mile

The heartland for gold mining in Australia - Kalgoorlie's Golden Mile - will have the southern extension revisited after decades on inaction.

May 15, 2012

Up to 8 bidders eyeing Ivanhoe Australia gold/copper mine stakes

Two sources with knowledge of the matter say second-round bids are due later this month, with preliminary interest seen from Anglo American, OZ Minerals, Vedanta Group and Aditya Birla Group.

May 14, 2012

India plagued by problems acquiring foreign mines

India is not China when it comes to successful acquisitions of foreign mining companies, reports the Wall Street Journal.