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Rex Minerals (ASX:RXM) has released the prefeasibility study for its proposed copper project at Ardossan indicating that the mine would cost AUD$900 million to construct and generate $11 billion over its current mine life.

High wages and a shortage of skilled workers in Australia threaten AUD$200 billion in mining and energy projects according to the founder […]

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Industry achieves safety and health records

Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is 1.1 billion people...The Chinese government is in a similar position.

Despite setbacks in the global economy, sub-Saharan Africa is expected to grow at 4.8% in this year, broadly unchanged from the 4.9% growth rate registered in 2011 and largely on track, according to the World Bank’s latest report.

The Chinese yuan hit historic highs against the US dollar on the inter-bank spot market on Monday, rising to RMB6.2371 per dollar […]

PNG Prime Minister: "I think BHP should take its leave at some stage. I'd rather it be sooner than later. BHP has to learn that it has to move on."

Even shareholders choking on $200 million of management bonuses, may have to okay the compensation if they want the deal to go ahead. But Xstrata may have other options beside Glencore.