August 8, 2013

Another Rio Tinto sale fails

Gives up on selling Pacific Aluminium.

August 8, 2013

Rio Tinto and the Australian tax system

Super profits tax not raking in the cash lawmakers said it would.

August 8, 2013

Metso completes the acquisition of the Chinese steel foundry

The acquisition improves Metso's capabilities to supply wear parts to its mining and construction industry customers in China and other markets in Asia-Pacific.

August 8, 2013

Newcrest expects writedowns to reach as much as A$6.2 billion

Gold miner will write $273 million off the value of its investment in gold miner Evolution Mining, and $360 million off fixed assets, inventory and exploration.

August 8, 2013

South Africa’s top gold miners ask unions to mend relations

AngloGold Ashanti and Gold Fields top executives say hostility between workers and management can only damage the long-term viability of the country’s gold mines and projects.

August 8, 2013

Mining boom best days still to come: BHP CEO

World's largest mining company leader says demand for Australian commodities will increase about 75% in the next 15 years.

August 8, 2013

Glencore Xstrata sues Jamaica-owned firm over alumina shipments

Commodities trader claims Jamaica firm won't send the alumina it still owes Glencore due to a new agreement with another firm.

August 8, 2013

Vale hitting rock bottom, posts one of worst results in 10 years

Vale's profit fell 84% in the second quarter, mainly due to depreciation in the local currency and lower iron ore sales, the miner's key commodity.

August 7, 2013

France’s Areva running at full capacity after May suicide attack

Niger attack killed one worker, injured 14 in May.

August 7, 2013

Micromine Canada to Hold Mining Software Solution Product Demonstration at World Mining Congress Conference

Company will hold a product demonstration to showcase Micromine 2013’s two new modules at the World Mining Congress Conference in Montreal on August 13.