MINING.COM

BHP on the search for Kloppers’ successor

The world's biggest mining company has announced that it has embarked upon the search for a successor to Marius Kloppers as the South African approaches his sixth year as BHP's CEO.

Marc Howe | November 7, 2012 | 2:44 am

Gold and silver deposits found in Kingdom of Tonga’s waters

Nautlius Minerals (TSX:AIM) says it has found two rich deposits of gold and silver within the waters of Tonga's exclusive economic zone.

Marc Howe | November 7, 2012 | 2:15 am

New support for Glencore-Xstrata deal

Institutional advisor ISS now says tie-up is a good thing for Xstrata, but they still don't like the $200 million retention package.

Frik Els | November 5, 2012 | 10:15 pm

Mining’s new age of austerity will hurt consumers

Shareholders will celebrate as lower supply boosts prices and profits, but consumers of metal and minerals will be hard hit.

Frik Els | November 5, 2012 | 8:14 pm

Rio Tinto to Oyu Tolgoi mine: Let there be light

After months of difficulties, Rio Tinto’s (LON:RIO) flagship Mongolian copper-gold mine, Oyu Tolgoi, will start producing early next year as the giant miner has finally solved the issue of power supply from next-door China.

Cecilia Jamasmie | November 5, 2012 | 4:52 pm

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

Marc Howe | November 5, 2012 | 4:36 am

Australia’s Greens call for $26bn in mining tax revenue over next four years

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to $26 billion over the next four years.

Marc Howe | November 4, 2012 | 12:43 am

Copper to rebound from 9-week low on Chinese home appliance sales

After hitting a 9-week in Friday trading copper is set to rebound on increased sales of home appliances on the Chinese market.

Marc Howe | November 3, 2012 | 2:03 am

Mining boom’s second wind to arrive in 2020

The head of the Australian Stock Exchange says the country should prepare for another mining boom in around a decade's time by providing exploratory tax concessions to resource juniors.

Marc Howe | November 3, 2012 | 12:59 am

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Chile: Uncertainty hits the stalwart of Latin American mining

Pan American outlines initial resource for La Colorada skarn

Triumph returns long intercepts from Freegold

Quaterra gets its hands on Butte Valley prospect

Gold’s deal blitz could draw in the rest of mining

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