MINING.COM

Indonesian businessman warns foreigners of local investment perils

A prominent Indonesian businessman has warned foreign miners of the perils of investing in his own country over the next two years due to new laws which curb overseas ownership.

Marc Howe | October 26, 2012 | 12:00 am

Australia’s mining tax proves a huge fiasco

Australia’s Federal Government has seen sunnier days as reports revealed Thursday it has not collected any revenue in the first three months of its much-debated Minerals Resource Rent Tax (MRRT).

Cecilia Jamasmie | October 25, 2012 | 11:34 am

Lagging productivity imperils Australian coal miners’ prospects

The lagging productivity of the Australian coal industry could render as much as a third of the sector's output unprofitable.

Marc Howe | October 25, 2012 | 4:15 am

Cheaper commodities won’t kill off Australia’s mining boom

Australian Resources Minister Martin Ferguson says the onset of an era of low commodities prices does not spell the end of the country's China-backed mining boom.

Marc Howe | October 25, 2012 | 12:39 am

AngloGold Ashanti fires 12,000 South African striking miners

AngloGold Ashanti Ltd. (NYSE:AU), South Africa's largest gold miner by output, said Wednesday it has began to dismiss about 12,000 of its striking workers, joining this way an increasing list of mining companies that have sacked workers in an effort to end crippling strikes.

Cecilia Jamasmie | October 24, 2012 | 5:03 pm