MINING.COM

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

Rio Tinto seeks OK for W. Australia iron-ore mine

Rio Tinto PLC RIO -2.50% has unveiled its latest iron ore mine development plans to start the construction next year of its Turee Syncline project in Western Australia, according to referral documents posted Friday on the Australian government's environmental website.

MarketWatch via Yahoo! | May 20, 2012 | 12:57 am

Junior resource investment in a financial meltdown – the Good, the Bad and the Ugly

Rick Rule's presentation at the New York Hard Assets Conference earlier this week sees some light for the informed junior resource investor despite current patterns which have mostly been Bad or Ugly!

Mineweb | May 19, 2012 | 8:53 am

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Almost half of deadly mine accidents in South Africa happened at Sibanye-Stillwater sites: Minister

Trump trade war blows up big week for mining majors

South Africa’s new mining charter to credit past black deals

Samarco is said nearing settlement with Brazil prosecutors

Vedanta mulls options for Indian iron ore workers after shutdown-sources

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