April 18, 2012

Lynas putting Malaysian opposition to its operations behind it: analysts

Australian analysts from Foster Stockbroking say confidence in rare earths miner Lynas Corporation (ASX:LYC) is returning after the Malaysian High Court dismissed an appeal against the company's Advanced Materials Plant…

April 18, 2012

Strikes and bad weather hammer BHP’s production

Heavy rains and a prolonged strike at its Queensland coal mines have taken their toll on the world's biggest miner.

April 17, 2012

Rio blames output drop on weather

Production of Rio Tinto’s prime commodities has slipped in the first three months of 2012, compared to the previous period.

April 17, 2012

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

April 17, 2012

$4bn subsidy for Australian mine sector

The federal government gives just over $4 billion in direct subsidies to mining companies each year, mainly in the form of cheap fuel and tax breaks for building roads and…

April 17, 2012

BHP Billiton to start work on its Port Hedland outer harbour this week

BHP Billiton will begin working on its ambitious Port Hedland outer harbour project this Friday, the first step of Western Australia’s biggest dredging plan, which it will cost the miner…

April 17, 2012

Sex infections and mental health problems trouble Australian FIFO workers

Sexually transmitted infections, relationship breakdowns, and parenting difficulties are the most common issues for doctors treating fly-in fly-out workers, according to the Australian Medical Association of WA.

April 16, 2012

Colluli potash resource tops 1 billion tonnes

South Boulder Mines Ltd (ASX:STB) is pleased to announce that the JORC/NI43-101 Compliant Mineral Resource Estimate for the flagship Colluli Potash Project now stands at 1.08 billion tonnes @ 18%…

April 16, 2012

Anglo American and Xstrata among four companies accused of environmental violations in Australia

Anglo American (LON:AAL) and Xstrata (LON:XTA) coal mines are among the four operations being investigated over probable environmental violations, after they were accused of discharging contaminated water into the Fitzroy…

April 16, 2012

Gem Diamonds expects prices to keep rising

Rough diamond prices were expected to continue climbing “across the market” this year, London-listed Gem Diamonds said on Monday.