Rio Tinto (NYSE:RIO) has plans in motion to install the world's largest underground automated mining system at its Argyle diamond mine in Western Australia.
BHP Billiton (NYSE:BHP) has entered discussions with Petrobras(NYSE:PBR) to acquire a multi-billion dollar stake in the Brazilian company's Gulf of Mexico oil fields as part of a bid by the Anglo-Australian giant to expand its energy portfolio.
Australia and Mongolia are set to expand ties in the mining and resources sector following calls by politicians from both nations for cooperation to be strengthened.
Artificial diamond-maker Scio Diamond Technology (OTC_BB:SCIO) has announced plans to dramatically raise shipments on the back of record production levels.
The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments Commissions (ASIC).
The government of British Columbia has rejected plans for a combined copper-gold mine in the province's north-west due to fears it could threaten salmon populations in the Skeena River.
Renowned investor and Bloomberg regular Michael Pento says the US Federal reserve has "doubled down on QE3 this morning and unofficially announced QE4."
A subsidiary of Beijing Haohua Energy Resource has offered Coal of Africa $100 million in equity funding following Exxaro's decision to refrain from exercising options for a stake in the South African miner's Makhado coal project.
Leading investors in Swiss commodities giant Xstrata (LSE:XSTA) have expressed their disappointment and frustration at the board's recommendation of a merger with Glencore (LSE:GLEN) for what they believe to be a takeover "on the cheap."
