April 30, 2012

Rio Tinto should fill its 6,000 vacancies with Australians: Government

Australia's Federal Skills Minister, Chris Evans, said Rio Tinto (LON and NYSE: RIO) should focus on local workers when filling its 6,000 mining jobs, in what is considered the largest…

April 30, 2012

Veteran broker accuses BHP Billiton of destroying own wealth with bad decisions

From aborted takeover attempts for Rio Tinto and Potash Corp and what is seen as a disastrous successful one for Petrohawk, BHP Billiton is accused of making many bad decisions…

April 30, 2012

Iron ore billionaire plans to rebuild the Titanic and run against Deputy Prime Minister

Clive Palmer, who made his fortune through securing access to 160 billion tonnes of iron ore reserves in the Pilbara Ranges, plans to rebuild the Titanic and contest the seat…

April 29, 2012

New high-grade uranium mine granted 10-year lease

Alliance Resources and Quasar Resources, joint venture partners in a South Australia uranium mine, have been granted a 10-year mining lease on the property located 550 kms north of Adelaide.

April 29, 2012

Mutiny Gold discovers Deflector extension after high grade gold strikes

Mutiny Gold ( ASX: MYG ) has discovered additional high grade near surface gold at the Deflector Gold Deposit in Western Australia, which importantly delivers another positive for the economics…

April 27, 2012

Mines vs rainforest: Showdown looming in Tasmania

The Australian reports on a potential clash of visions in the Tasmanian rainforest, where 10 new mines are proposed and 58 exploration licences active.

April 27, 2012

Xstrata pulls out of Donkin Mine project in Eastern Canada

Australian miner Xstrata Coal is pulling out of the Donkin Mine project, which promised to employ as many as 300 people in Cape Breton, Eastern Canada, by 2014.

April 27, 2012

Give me those 6,000 skilled workers – Rio Tinto

Mining giant Rio Tinto launched today an aggressive recruitment campaign to fill 6,000 vacancies across its 30 operations in Australia.

April 24, 2012

Vote of no confidence: Rio pulls out of $9 billion coal port expansion

"Global economic markets have shifted to a period of significant uncertainty and we continue to see both a sustained upward pressure on costs and long timeframes for regulatory approvals."

April 24, 2012

CST Mining sells 70% stake in Peru copper mine for $505 million

CST Mining is selling its 70% stake in the Mina Justa copper project in Peru for US$505 million.