October 9, 2012 BHP sells first bond offering in Australia in over a decade BHP Billiton sold Tuesday A$1 billion ($1.02 billion) of bonds in its first offering of debt in the Aussie market in more than a decade, as the company announces cutbacks…
October 9, 2012 Gamma rays used to find diamonds The University of Johannesburg has successful obtained a patent for a new device which is capable of identifying rocks that contain diamonds.
October 9, 2012 BHP announces iron ore retrenchments on resource sector slowdown BHP Billiton (ASX:BHP) has announced retrenchments for its iron ore operations due to tepid prices and rising costs.
October 9, 2012 Indians switch to diamonds from gold De Beers says the sub-continent has become the storied diamond firm's fastest-growing market as affluent Indians eschew gold in favor of precious gems.
October 8, 2012 Illegal Chinese gold mining triggers conflict in Ghana Illegal gold mining by Chinese nationals using heavy machinery has fueled resentment and hostility amongst local communities in Ghana.
October 8, 2012 Australia’s growth prospects downgraded by IMF on commodities dependence The International Monetary Fund's 2013 growth forecast for Australia has been moderately reduced due to the country's significant exposure to international commodities markets.
October 8, 2012 China plans to usurp global leadership with the backing of gold: Russell Veteran finance expert Richard Russell claims China has plans to obtain leadership of the global economy by fortifying its official currency with precious metal backing.
October 8, 2012 Aquarius Platinum dives upon CEO’s sudden departure Shares in Aquarius Platinum have plunged in the wake of the sudden departure of its CEO Stuart Murray.
October 8, 2012 China to convert coal into gas for urban energy needs China has unveiled ambitious plans for the conversion of coal extracted in remote mining regions into gas for usage in urban areas.
October 8, 2012 Arrium spurned billion dollar bid on expectations of iron ore rebound Aussie iron ore miner and steelmaker Arrium (ASX:ARI) has stated publicly that it spurned a $1 billion takeover bid from a Korean consortium due to expectations of a rebound in…
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am