Rio Tinto to survive the slowdown by making hay
While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.
Cecilia Jamasmie , Editor-in-Chief
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Xstrata increases copper and silver reserves at Argentina’s El Pachon project
Xstrata Copper announced Wednesday a significant increase to the mineral resource estimate at El Pachón copper and silver project in San Juan Province, Argentina.
Australia slashes interest rate as mining woes feed fears
In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining industry, falling commodity prices and concerns over China.
Chile’s deputy mining minister ‘quits’ after lithium fiasco
Chile's deputy mining minister, Pablo Wagner, resigned a day after the government decided to revoke the lithium mining concession awarded to a local company last week, acknowledging problems with the tender process.
BHP suing union for $2.5 million
BHP Billiton Mitsubishi Alliance is suing Queensland's most powerful mining union for almost $2.5 million to counteract the unlawful work stoppages that have affected BHP’s subsidiary in the last few years.
Obama blasts Romney for ‘requiring’ miners to be in his ad
While Republican candidate Mitt Romney slams Barack Obama's policies as bad for coal, the President has taken a more personal approach. Not only he went after Romney ‘s business record, but he has also denounced his opponent's use of unpaid coal miners in his campaign through a provocative TV ad.
No end in sight for South African mining strikes
Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold Ashanti (NYSE:AU) have hardened their stance on strikers.
Bolivia’s Colquiri mine to restart operation after historic agreement
The rival groups of Bolivian miners fighting over control of the Andean silver, tin and zinc Colquiri mine, reached an agreement over the weekend that was qualified as “historic” by Government Minister Carlos Romero.
Bolivia’s silver mountain on the verge of collapse
The Spanish may not have found El Dorado, the city of gold, but they certainly hit the jackpot when they landed in what is today the Bolivian city of Potosi, home to “Cerro Rico” or Rich Mountain, one of the largest silver deposit ever known in history. But experts are warning the place, which still hosts silver mining, is about to collapse.
The “boom” might be over but Kiwis still flock to Australia
A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.
US targets mine waste to boost local critical minerals supply
The Interior Department will simplify federal rules for recovering minerals like rare earths, lithium, and cobalt from mine waste.