Mining companies already under pressure from rising costs, a high Australian dollar and falling metals prices fear the potential removal of $2 billion in diesel fuel subsidies could have severe consequences.
Australia's largest environmental lobbies are turning the heat on Liberal National Party (LNP) leader Campbell Newman to stop a Clive Palmer mining project.
Zimbabwe has ordered foreign mining firms to deposit their export earnings with local banks, as the embattled countryâs government tries to address the dollar crunch afflicting its economy.
BHP Billiton is “rapidly spending” the $1.2 billion it promised the South Australian government it would invest in the leadup to the mining giant's decision on whether to proceed with the expansion of the Olympic Dam mine, says Premier Jay Weatherill.