MINING.COM

Not one Chinese iron mine makes money at $80. There’s your new price floor

The outlook for iron ore has certainly become more clouded since July, but some of the more bearish analysts may be overshooting on the downside.

Frik Els | October 4, 2012 | 11:55 pm

Australian mining tycoon unveils plans to resurrect the Titanic

Flamboyant Australian mining tycoon Clive Palmer has plans to construct a near-perfect replica of the ill-fated giant passenger ship.

Marc Howe | October 4, 2012 | 11:01 pm

Anglo American CEO appointed chairperson of De Beers

The CEO of diversified mining giant Anglo American (LSE:AAL) Cynthia Carroll has been appointed chairman of venerable diamond miner De Beers.

Marc Howe | October 4, 2012 | 12:58 am

Australia and Mongolia to expand ties in mining sector

Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.

Marc Howe | October 4, 2012 | 12:00 am

Iron ore: Who let the bears out?

It's worth remembering that the price of 62% iron ore never strayed from $10 – 14 a tonne for more than 20 years.

Frik Els | October 3, 2012 | 7:49 pm

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 | October 3, 2012 | 4:46 pm

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.

Cecilia Jamasmie | October 3, 2012 | 3:16 pm