June 28, 2016

Morgan Stanley: Iron ore will drop to $35 by fall

Iron ore advanced to a 5-week high of $53.40 on Tuesday, but analysts see steep decline in the final quarter of 2016.

June 28, 2016

These five coal miners spent $95 million on lobbying before going bankrupt

Report claims that Walter Energy, Patriot Coal, Alpha Natural Resources, Arch Coal and Peabody Energy also allocated more than half a billion dollars for top executives salaries in decade before…

June 27, 2016

Brexit double whammy great for these gold miners

Moody's says AngloGold Ashanti, Gold Fields will start spewing cash as gold price rise and currency falls combine – for Anglogold it's an extra $20m a month.

June 27, 2016

BHP hikes exploration spending to focus mostly on copper, oil

It will raise its annual exploration spending by 29%, allocating nearly all its $900 million budget to finding new copper and oil deposits in the fiscal year beginning next month.

June 24, 2016

Eden and Deakin University finalise agreement for ARC-funded research project into use of EdenCrete™ in ultra-high strength concrete to reduce or eliminate steel reinforcing

The ARC grant, funded by the Commonwealth of Australia, will provide a total of A$300,000 over the three year life of the research project.

June 24, 2016

Brexit: Gold, metals, markets react as Britain chooses to leave the EU

Gold climbs the most in eight years, while copper and oil fall.

June 23, 2016

China’s nuclear war on coal

Beijing's already cut coal miners working hours by 16% and plans to eliminate 500 million tonnes of coal capacity within just 3–5 years.

June 23, 2016

Australian gold mining’s Fifth Avenue.

Today, with the gold-mining sector in good financial shape, some historic mines in the region are being revived or expanded.

June 22, 2016

Molten salt technology to reduce mining industry costs

The University of South Australia has formed a collaborative research funding partnership with Centrex Metals Limited in a bid to use the cutting-edge technology to significantly reduce energy and water…

June 22, 2016

Waking up groggy truck drivers from 17,000 KM away

"The shift schedules are demanding. The work is repetitive. There are issues trying to keep people engaged in the work that they are doing."