MINING.COM

BHP ditches Olympic Dam as profit tumbles

The world's number one miner, BHP Billiton, has delayed its $30 billion Olympic Dam copper-uranium expansion and said no major projects would be approved until June 2013 as it tries cutting costs.

Cecilia Jamasmie | August 22, 2012 | 12:59 pm

BHP boss bucks bonus

Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%

Joshua Zapf | August 21, 2012 | 10:46 pm

UN study to examine impact of Australian mining industry on aboriginal communities

A study undertaken by the UN on the impact of the global resources sector on the world's indigenous communities is set to make the Australian mining industry an area of focus.

Marc Howe | August 14, 2012 | 5:17 pm

Yucca Mountain court case on hold

US appeal court judges have ruled that a case seeking a resumption of licensing work for a nuclear waste repository at Yucca Mountain will be put on hold, despite agreeing that the Nuclear Regulatory Commission cannot legally give up work on the application.

Warwick Pipe | August 6, 2012 | 3:31 pm

Quick reactor decommissioning in Germany

Two of the German reactors ordered to shut after Fukushima will be dismantled as soon as possible. EnBW has applied for permission to do the work and said it has more than enough funds set aside.

Jeremy Gordon | August 3, 2012 | 3:36 pm

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.

Frik Els | August 1, 2012 | 6:22 pm

Retreating ice reveals huge riches in Greenland

Business Insider has the story about Greenland and global warming, which is peeling back thick ice and uncovering vast mineral wealth.

Michael Allan McCrae | July 31, 2012 | 9:15 pm

Fresh doubts over Olympic Dam as BHP freezes hiring

BHP's board was to make a decision on the $30 billion project this year, but a newspaper report over the weekend said a decision will not be made until 2014 and BHP's uranium division "confirmed the deferral and said a recruitment freeze was now in place".

Frik Els | July 30, 2012 | 12:32 am

Argus Metals drops 44% on the day

Reports that assays contained "interesting enrichment in certain rare earth elements" and that gold mineralization was not tested in the area, were not enough to deter investors from dumping the stock – which traded at 17 times the normal volume.

Joshua Zapf | July 26, 2012 | 8:19 pm

First

Last

Australia’s biggest underground mine halts production

Namibia’s new uranium mine to triple country’s output by 2017

No rapid rebound for African mining

Plans to recover U3O8 from tailings ponds help boost price target for energy fuels

No end to uranium price plunge

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