Even before building up Xstrata through a series of billion dollar transactions, Big Mick was a formidable dealmaker who with fellow South African Brian Gilbertson created Billiton before selling it to BHP in 2001.
Australian trade minister Craig Emerson has said Chinese demand will continue to give support to the country's mining boom despite declines in export prices.
Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August.
Gina Rinehart has raised the ire of the Australian public again with a ten minute Youtube speech on the shortcomings of the country's economy which has triggered ad hominem attacks from leading political figures.