Siemens to go ahead with Aussie coal mine contract despite pressure

Next round of displacements will come from mines "that just 18 months ago could have been making $50/mt or more in cash margin" says new report.

Price volatility, geopolitical turmoil, rising costs, declining grades and a general lack of financing will make of 2015 another challenging year for the sector.

An environmental group is attempting to radically change the way mining projects are assessed with a court case involving Adani's controversial coal mining complex in Queensland.

Ceo Sam Walsh has said the firm expects to start exporting Australian uranium to India by 2017.

The 56 year old who built Xstrata into one of the world’s biggest mining firms and then sold it to Glencore, is tipped to be on the verge of landing his first big fish.

In 2013-14, Queensland coal producers spent $19 billion state-wide on wages, goods and services and voluntary community contributions.

Australia exports as much as 49 million tonnes of thermal coal a year to China.

The Bunder project will be one of the only four diamond mines to be operational over the next decade.

Dozens of mines closed last year but another 175 million tonnes will have to drop out to neutralize 2015 output growth, which unlike copper is de-risked.