March 25, 2014

Rio Tinto, Russians to begin work at massive Canadian potash deposit by 2017

KP405 is said to have enough of the fertilizer ingredient to sustain a mine for decades.

March 24, 2014

SouthGobi hit badly by coal prices slump, seeks funding to avert default

The Vancouver-based miner said it expected coal prices to remain weak.

March 24, 2014

Gas sector to replace mining as Australia’s main growth driver

Together with other four key industries, gas could add $250 billion to the economy over the next two decades, shows a new study.

March 23, 2014

‘Inevitable large surplus’ to crush iron ore price to double digits

Iron ore price is already down 17.% this year, but supply ramp up of cheap ore will result in further falls in the second half of 2014 says new research…

March 21, 2014

Rio Tinto demands carbon capture progress, but doesn’t want to pay for it

The miner's energy division chief, Harry Kenyon-Slaney, said current climate change policy debate is idealistic and too focused on renewable energy.

March 20, 2014

Rinehart’s Roy Hill iron ore project gets much needed $7.2bn fund injection

After 18 months of negotiations the firm has pulled off a seemingly unachievable total of $10 billion.

March 20, 2014

Miners among most productive, happiest workers in the world: study

Reveals cross-industry survey, which analyzed responses from over 30,000 professionals.

March 19, 2014

Chinese demand for Australian commodities not about to ‘decline drastically’ – Fitch

But China's incremental demand for commodities may have peaked.

March 19, 2014

MMG confirms negotiations with Glencore over Las Bambas; no guarantee of agreement

This is the first statement in which MMG has confirmed its intention to buy Las Bambas.

March 19, 2014

Juniors see Australia’s new tax incentive as a lifesaver

Currently 19% of Aussie geoscientists are unemployed, compared with fewer than 2% three years ago.