October 11, 2012

Twiggy has a go at Rinehart for inherited wealth

Andrew "Twiggy" Forrest, the founder and chairman of Aussie iron ore stalwart Fortescue Metals Group (ASX:FMG) has issued a thinly-veiled attack against fellow mining magnate Gina Rinehart for inheriting her…

October 11, 2012

Fortescue’s best paid exec suffers $35 million loss on slide in shares

A recent plunge in Fortescue Metals' (ASE:FMG) shares has left the pockets of its best paid executive AUD$35 million lighter.

October 11, 2012

Mining India Conference – the future of mining in a dynamic nation

Mining India presents a two-day conference for the mining industry at The Taj Vivanta, Bangalore, India, February 22-23 that aims to bring together like minded people from the industry to discuss,…

October 10, 2012

Western Australia a step closer to green-lighting uranium mine

The Western Australian government has issued a key approval for Toro Energy's Wiluna uranium project, bringing the proposed mine a large margin nearer to completion.

October 10, 2012

Argyle pink diamonds to run out inside a decade

Production at Rio Tinto's (ASX:RIO) Argyle mine in Western Australia's Kimberley region will soon come to an end as its rare deposits of pink diamonds approach exhaustion.

October 10, 2012

Metso’s global service hub network for mining and construction customers expanding rapidly

3 new service hubs to be opened in Chile, Peru and Mexico

October 10, 2012

GN Energy Solutions Acquires Forest Fuels

GN Energy Solutions, a newly formed holding company focused on the UK and European energy sectors, today announced it has acquired an award-winning and market-leading wood fuel specialist, Forest Fuels.

October 10, 2012

Mining industry gets an on-line auction marketplace of its own

Mine Source Inc. launched a site in which it makes use of its decades worth of mining knowledge and contacts to market solely to the mining industry.

October 10, 2012

Centerra Gold says independent report proves claims against Kumtor mine groundless

Canadian Centerra Gold (TSX:CG) said Tuesday an independent assessment of a Kyrgyz Republic Parliamentary report backs the company’s view that the report’s allegations against its Kumtor gold mine are unfounded.

October 10, 2012

Alcoa’s results lead markets down

US and Canadian markets dipped on Wednesday as earnings season began with Alcoa (NYSE:AA), the world's leading producer of aluminum, forecasting slower demand for the metal.