BHP rebuffs Elliott as first-half profit hits three-year high

ABC News examines the rumour that big money can be made in mining in Australia with nary more than a high-school diploma.

Ruchir Sharma, head of emerging markets at Morgan Stanley, makes one of the most bearish statements yet on the end of the so-called commodity supercycle.

Australian Prime Minister, Julia Gillard, warned the mining industry that nationals not only want, but also deserve a share of the nation's resources boom and reminded its leaders they don't "own" the minerals of the country.

China could take a page out of Nautilus Minerals' playbook and begin exploring for undersea polymetallic sulphide deposits.

BHP Billiton and Rio Tinto won’t be following Australia’s richest person and number four on the list of the world of mining's billionaires Gina Rinehart’s plan to import foreign workers under enterprise migration agreements (EMAs).

The Labrador trough. An infographic.

Over the last two weeks, Chinese consumers of thermal coal and iron ore have been defaulting on their contracts, sending prices sharply down.

"Space is big. Really Big. You just won't believe how vastly hugely, mind-bogglingly big," as the Hitchiker's Guide to the Galaxy once noted. About the only thing nearly as big, it seems safe to say, are today's hopes of making money exploring space.

A second major physical iron ore trading platform, supported by major mining companies and Chinese steelmakers will launch this Wednesday, competing directly with China's new own platform in a race to create an industry price benchmark.