November 8, 2012

BHP is sticking to 37% iron ore output growth for 2014

As the iron ore price consolidates above $120 confidence is returning to the industry.

November 8, 2012

Australian miners find new ways of getting buzzed

Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from…

November 8, 2012

Iron ore port to become popular cruise tour destination

The mining town of Port Hedland in Western Australia's mineral rich Pilbara has ambitions to become a leading destination for cruise ship tours.

November 7, 2012

Tata Steel disputes $1 billion fine

Tata Steel Ltd. (NSE:TATASTEEL), India’s largest private steelmaker, is contesting a $1 billion for allegedly mining above the limit volumes in the mineral-rich eastern state of Orissa, which —ironically— is…

November 7, 2012

China’s overseas mining and metals M&A’s surge in value, momentum set to persist through next year

The total value of overseas mergers and acquisitions pursued by Middle Kingdom's mining and metals players has surged this year according to sector experts from Ernst & Young Global.

November 7, 2012

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…

November 6, 2012

Australian miners take battle against tax to High Court

The Australian resources sector has taken its battle against the Gillard government's contentious new mining tax to the nation's High Court.

November 5, 2012

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.

November 5, 2012

Junior miners see light at the end of global downturn tunnel

While the harmful effects of the slumping global economy over junior miners are nothing new, companies that have seen their value down on the TSX Venture Exchange this year and…

November 5, 2012

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.