Rio cautious on outlook as earnings halve

Just a one percentage point decline in oil production generates an immediate oil price spike of over 60 percent

Landfall expected Sunday night

If you're spending $33 billion you want to do it as efficiently as possible.

Australian Resources Minister Martin Ferguson says the onset of an era of low commodities prices does not spell the end of the country's China-backed mining boom.

The Australian tropical state of Queensland has announced that a decades-long ban on uranium mining will soon be rescinded.

Australian Prime Minister Julia Gillard has said that the country has changed its stance on uranium and that there are no further "outstanding obstacles" to exports of the nuclear material to India.

Uranium sales are set to be a key issue of discussions between Australian Prime Minister Julia Gillard and her counterparts in New Delhi during an official visit to India.

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in the first half of 2012.

The price of the nuclear fuel is down 10% in just the last three months.