MINING.COM

Rising costs and weak commodities imperil AUD$100 billion in scheduled projects

Rising labor and construction costs as well as declines in commodities prices have cast doubt on AUD$100 billion in mining and energy projects in Australia.

Marc Howe | September 4, 2012 | 3:47 am

Could iron ore prices stage an early comeback?

Analysts predict a recovery in the price of iron ore this month following a dive in spot prices below key lower thresholds which has left the shares of major Australian miners languishing in the doldrums.

Marc Howe | September 3, 2012 | 1:28 am

Lego robots teach students in hope of filling hi-tech skills gap

A school in Western Australia has adopted the innovative pedagogic technique of using Lego robotics to teach students about mining processes, with the long-term goal of providing skilled tech-savvy workers to the region's flourishing resources sector.

Marc Howe | September 1, 2012 | 1:03 am

Diving iron ore prices drag Aussie miners lower

A recent dive in iron ore prices spurred by China's slowing economy has dragged down the share prices of major Australian miners.

Marc Howe | August 31, 2012 | 4:12 am

Fortescue chief raises stake in company by AUD$39 million as iron ore prices plunge

The founder and chairman of Fortescue Metals Group (ASX:FMG) Andrew Forrest raised his stake in the company by AUD$39 million this week amidst declines in the prices of both Fortescue shares and iron ore.

Marc Howe | August 31, 2012 | 1:58 am

Chinese firms invest in smelters as Indonesian ore export ban approaches

Chinese firms plan to invest up to AUD$8.6 billion in Indonesian smelters to mitigate the impact of a ban on unprocessed ore exports.

Marc Howe | August 31, 2012 | 12:16 am

Qatar Holding confirms it will vote against Glenstrata next week, shares dive

Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.

Cecilia Jamasmie | August 30, 2012 | 1:01 pm

World’s richest woman proposes minimum wage reduction for envious and lazy

Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense wealth of being lazy.

Marc Howe | August 30, 2012 | 3:27 am

Australia pushes for expansion into African mining

Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.

Marc Howe | August 30, 2012 | 1:21 am

First

Last

Canada to consider steel safeguard response to US tariffs

Brazil steelmaker Usiminas resumes some operations after plant blast

Soviet collapse echoes in China’s Belt and Road

Trump escalates feud with Turkey, imposing higher metals tariffs

Rio Tinto considers float of Canadian iron ore business

Create FREE account or log in

to receive MINING.COM digests