July 16, 2012
The mining boom in Australia is over, or is it?
This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s…
July 16, 2012
This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s…
July 16, 2012
The unprecedented success of Australia's mining sector, which enabled the country to successfully weather the financial crisis and has triggered a surge in the Aussie dollar, may have caused irreparable…
July 15, 2012
Sunday Times reports (paywall) that BHP Billiton, which is shedding its non-core operations, is looking for a buyer for its Mount Nimba iron ore project in Guinea.
July 14, 2012
China plans to diversify iron ore imports and increase the ratio from independent miners to 50%, according to comments made Wang Xiaoqi, vice-chairman of the China Iron and Steel Association.
July 13, 2012
Brazilian billionaire André Esteves has teamed up with Roger Agnelli, kicked out of iron ore giant Vale by government shareholders last year, to create their own mining company with an…
July 13, 2012
Eike Batista was down to his last $20.7 billion as the six public companies he controls are rerated along with the rest of Brazil's stock market.
July 12, 2012
Space mining start-up Planetary Resources has announced that it has partnered with Virgin Galactic in the quest to explore asteroids for minerals.
July 12, 2012
Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.
July 11, 2012
Giant miner Xstrata has set Sep. 7 as the day for its shareholders to vote on the $26 billion takeover by Glencore, giving the commodities trader six weeks to reach…
July 10, 2012
Inuit in northern Quebec are requesting another review into how Baffinland's Nunavut-based iron ore project will effect the surrounding area.
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