Mitsubishi kisses thermal coal goodbye, sells Aussie mines

A pair of diamonds made from the cremated ashes of a deceased Australian man have been stolen while en route to his grieving parents.

Uranium miner Paladin Energy (TSX:PDN)(ASX:PDN) is targeting up to $80 million in cost reductions over the next two years and putting a freeze on development as the price for uranium spot has weakened.

The world's biggest mining company has announced that it has embarked upon the search for a successor to Marius Kloppers as the South African approaches his sixth year as BHP's CEO.

The $1.88 billion miner lost $62 million during the quarter as uranium prices continue to drift lower.

Australia’s federal government has agreed to back the construction of a proposed gas pipeline to supply Rio Tinto’s (LON, ASX:RIO) struggling Gove aluminum operations in the country’s Northern Territory.

The Australian resources sector has taken its battle against the Gillard government's contentious new mining tax to the nation's High Court.

Australian gold company Northern Star Resources (ASX:NST) is offering a $200,000 bonus to any oncologist willing to spend two years close to the mine area providing radiation therapy to children with cancer.

The CEO of AngloGold Ashanti said the company is considering the creation of separate regional entities in South Africa, Colombia and Australia via the spin-off of assets in order to enhance shareholder value and better compete against local rivals such as Newcrest Mining.

The leader of the Australian Greens party say the incumbent Labor government should revise its original mining tax plan to lift revenue generated by the tax from AUD$9 billion to $26 billion over the next four years.