Despite flagging itself as a possible buyer, North American company Harry Winston has warned the big miners they will find a ''narrowed field'' of suitors for their diamond mines.
A power solution for one of Rio Tinto's most prospective mines remains elusive, raising doubts over whether plans to be in production within six months can be achieved. T
BC Iron has paid a $66,000 fine after ASIC accused the West Australian junior of failing to inform the market about a potential suitor's ability to pull-out of a takeover agreement.
On the surface, the increasingly shrill cries of financial Armageddon from the World Bank last week and the IMF this week sit strangely at odds with the actions and attitudes of the globe's two biggest resource houses, which have committed themselves to massive expansions involving vast amounts of cash.
Amid the tumult of last week's visit by the US President, Barack Obama, Julia Gillard's focus remained squarely on the domestic agenda and the week ahead. On Thursday, sometime around Obama meeting the Prime Minister and her cabinet and his add...
Mining billionaire Gina Rinehart has retained the right to build a controversial coal rail corridor in central Queensland, after the state government successfully quashed a Supreme Court challenge led by QCoal.
Rinehart’s Hancock Coal won approval from the Bligh government late last year to build a $2.2 billion railway from its Alpha Coal Mine in the Galilee Basin, about 360 kilometres southwest of Mackay, to the Abbot Point coal port near Bowen.
Gold advanced for a second day as concern that a Greek referendum will threaten Europe's plan to end the region's debt crisis spurred demand for a haven.
Atlas has bucked the inflationary trend in Western Australia by meeting its cost targets on the way to a maiden profit of $169 million. The iron ore exporter kept production costs between its promised range of $40 and $43 a tonne.
