Japan secures rare earth supply for longer through Lynas funding

Rio Tinto has tried to get approval from Mongolia for its financing proposal since last winter, but the government has not yet offered a direct reply.

Gold has dropped over $500/oz and protest movements against gold miners around the world, with the help of social media, have become more prominent.

Big 4 enjoy huge market value gains as the price of their most profitable product and the prospects of their number one customer continue to recover.

“Mining is one of the key pillars of the Queensland economy and streamlining this process will let resource companies get on with business."

"We are delighted with the results for the 2013 tender collection which are a reflection of their rarity, provenance and global reach."

Company shows 6% drop in copper production at Australian mine.

But when the market does recover, it is "going to be a screamer," he says.

The bank is willing to sell the business to one customer or break it down into various divisions.

The gold miner has been under shareholder pressure to make changes following its biggest annual loss in history.