December 1, 2015

BHP Billiton to slash copper production costs, increase output

The miner expects to lower production costs to $1.08 per pound during the 2017 financial year, from a projected $1.21 per pound in the year ending June 2016.

November 30, 2015

Even the iron ore price will bottom

Big three close to falling victim to their own scorched earth strategy.

November 30, 2015

SPIE expands its footprint in Australia with a contract for QGC’s first project in the world to turn gas from coal seams into liquefied natural gas

SPIE Oil & Gas Services Pty Ltd (formerly Plexal Group), will provide maintenance services to QGC (Queensland Gas Company), a BG Group business, to ensure a world class, lean and…

November 30, 2015

Rio Tinto conducts inaugural rough diamond viewings in India

Rio Tinto’s diamonds business has just completed its inaugural rough diamond viewing at the India Diamond Trading Centre in Mumbai’s Bharat Diamond Bourse.

November 30, 2015

Up to 20,000 mining jobs gone in Australia by 2018 — report

Mining investment in Australia is forecast to fall a further 58% the next three years.

November 30, 2015

Iron ore keeps falling, drops below $43 a tonne

If that sounds bad, then you might not want to hear that the most-active iron ore futures in Singapore sank Monday below $40 a tonne for the first time ever.

November 27, 2015

Toxic elements found in water weeks after Brazil’s mine disaster — Vale

Company confirms that the Institute for Water Management in Minas Gerais (IGAM) found levels of arsenic, lead and other toxic elements many times higher than the legal maximums along the…

November 27, 2015

Rio Tinto to go ahead with $1.9 billion bauxite project in Australia

The Amrun mine is expected to open in 2019 and initially produce 22.8 million metric tons of bauxite a yera.

November 26, 2015

BHP questions UN probe that said Samarco spill ‘toxic’

The UN’s human rights agency also said the companies did not take enough measures to prevent the disaster.

November 26, 2015

Copper prices may weigh on Rio Tinto’s looming decision on Oyu Tolgoi expansion

The company said it would announce a final decision on the matter early next year.