MINING.COM

Granted first ever right to hire foreign workers Friday. Saturday shuns 14,000 locals queuing at jobs expo

Gina Rinehart's Hancock Prospecting which is hiring 1,700 foreign workers for the Roy Hill iron mine were absent from the Australian mining association job fair in Perth and so were the $9.8 billion project's main contractors.

Frik Els | May 27, 2012 | 6:22 pm

Beijing iron exchange handled only 8 transactions in its first 3 weeks

It has been a slow start for China’s first physical iron ore trading platform which was launched with the idea that it would give China greater influence on the price of the commodity.

Frik Els | May 27, 2012 | 12:55 am

Foreign workers to relieve labour shortage in Australia’s mining industry

Australia’s government announced Friday it will allow a new mine to hire about 1,700 foreign workers to alleviate a labour shortage threatening the resources boom.

Cecilia Jamasmie | May 25, 2012 | 4:13 pm

Rio Tinto awards over $1 billion in Aboriginal joint venture and direct business contracts for Pilbara expansions

More than $1 billion in both Aboriginal joint venture and direct business contracts for Rio Tinto's Pilbara expansion projects have now been awarded over the last two years. The milestone was reached with the announcement of a $55 million earthworks...

Hellenic Shipping News Worldwide | May 24, 2012 | 9:03 pm

Zuckerberg lost $1.5 billion in 24 hours, but he wasn’t the unluckiest billionaire. Batista was

The declines wiped $1,744,800,000 from Batista's personal fortune in one day, which means he fared worse than Mark Zuckerberg who suffered more than $1.5 billion in losses as a result of the post Facebook IPO fiasco.

Frik Els | May 23, 2012 | 8:57 pm

Is post-Taylor diamond mining in Sierra Leone clean?

Charles Taylor, was convicted in April of war crimes for arming Sierra Leone's rebels in return for blood diamonds. Taylor is now awaiting sentencing and the BBC tries to find out if mining in the country is now “clean”.

MINING.com Editor | May 21, 2012 | 9:50 pm

Billionaire battle: Property tycoon says Rinehart is bilking him out of iron royalties

Gina Rinehart, the world of mining's 4th richest person, is meeting a fellow billionaire Stan Perron in the Australian supreme court this week in a fight over – no surprises here – iron ore royalties.

Frik Els | May 21, 2012 | 8:38 pm

Iron ore hits six-month low as China just says no

Iron ore prices fell on Monday to six-month lows of $130/tonne as Chinese steelmakers demand cargo deferrals or simply default on shipments.

Frik Els | May 21, 2012 | 8:00 pm

Motley Fool says Rio Tinto is a 4-star stock ready to pop

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, global mining giant Rio Tinto (NYSE: RIO ) has earned a respected four-star ranking.

Motley Fool | May 21, 2012 | 5:34 pm

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Fortescue goes ahead with $1.3bn iron ore project in Western Australia

Vale sees key mine topping iron ore output forecasts in 2018 -source

China opening may spark iron ore to become more like crude oil: Russell

Agarwal wants to build Indian commodity giant to rival majors

Mining capital projects: Are you ready for the next CapEx investment cycle?

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