MINING.COM

Mining boom delivers record resource export revenues for Australia

Trade data from AUS Bureau of Statistics has confirmed importance of the mining industry to Australian economy and continuing benefits of the mining boom.

Minerals Council of Australia | February 8, 2018 | 10:44 am

Vedanta hit by iron ore mining halt in Goa

Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.

Cecilia Jamasmie | February 8, 2018 | 10:29 am

China wealth fund said to join fray for $2bn Rio Tinto portfolio

The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.

Bloomberg News | February 8, 2018 | 4:57 am

Rio Tinto pays biggest divvy in history as profit hits three-year high

Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls “resilient” commodity prices.

Cecilia Jamasmie | February 7, 2018 | 5:33 am

South32 prepares to spin off South African coal assets within six months

President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a shift away from coal.

Reuters | February 6, 2018 | 10:21 am

Rio investors asked to push miner to leave Minerals Council of Australia

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.

Cecilia Jamasmie | February 5, 2018 | 11:29 am

Activist Elliott steps up calls for BHP to scrap dual listing

Elliott has previously urged BHP to change its structure, with listings in both Britain and Australia, but the company has resisted.

Reuters | February 5, 2018 | 10:58 am

Lulo diamonds sell for A$11.4 million

The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an average price per carat of US$2,192.

Lucapa Diamond Company Limited | February 2, 2018 | 1:27 pm

Argyle pink diamond coin unveiled in Berlin

Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin.

Rio Tinto | February 2, 2018 | 12:35 pm

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