May 24, 2012

Carbine Tungsten signs agreement with Mitsubishi Unimetals

Australian Carbine Tungsten Limited (ASX: CNQ) has signed a bulk product shipment sales contract with Mitsubishi Unimetals Corporation Ltd (MCU).

May 24, 2012

MineARC partners with RCT and designs mining TBM chamber

MineARC Systems and Remote Control Technologies (RCT) are set to release a new range of products into the mining industry that offer an ‘all-in-one’ solution to clients.

May 23, 2012

Australian miners should seek business opportunities in Latin America: Government

Australian Foreign Minister, Bob Carr, called local mining companies to look at Latin America as a business destination, as the region was emerging as an important economic powerhouse, hungry for…

May 22, 2012

Olympic Dam Taskforce CEO to doubters: We’re planning 10,000-strong village, already building airstrip for 737s

The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam…

May 22, 2012

Australians fear Canadian gold company will shut historic mines

Australian Stawell Gold Mines will be closed within two years, despite Canadian company Crocodile Gold spending more than $100 million buying it.

May 22, 2012

Australian Crusader Resources to invest $400 million in Brazil gold mine

Australian company Crusader Resources Ltd. will invest $400 million in a gold mining project located in the Currais Novos region in Brazil’s north-eastern state of Rio Grande do Norte. The…

May 22, 2012

BHP Billiton to restart manganese operations in Tasmania by the end of August

BHP Billiton (NYSE:BHP) surprised the market this morning with good news by announcing it will restart its TEMCO manganese operations in Tasmania by the end of August.

May 22, 2012

Rio Tinto donates $12 million biggest pink diamond to a museum

London-based diversified miner Rio Tinto (LON & NYSE:RIO) is donating the biggest pink rough diamond ever discovered, found earlier this year at its Argyle mine, to an Australian museum in…

May 21, 2012

Hard coal landing: Australia scraps $9 billion port expansion

The state government has scrapped plans for a $8.8 billion coal terminal expansion project at Queensland's Abbot Point, Australia citing funding issues and environmental regulations, but China's slowing economy probably…

May 21, 2012

Billionaire battle: Property tycoon says Rinehart is bilking him out of iron royalties

Gina Rinehart, the world of mining's 4th richest person, is meeting a fellow billionaire Stan Perron in the Australian supreme court this week in a fight over – no surprises…