BHP searching for assets with lessons learned during downturn in mind

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.

The wife of an Australian businessman, who vanished nine years ago while negotiating a million dollar diamond deal, testified Tuesday about why she didn’t report her husband’s disappearance to police as soon as it happened.

The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments Commissions (ASIC).

Australia's largest gold miner Newcrest will pour a total of $3.3 billion into its East Cadia copper-gold project, the subject of a lawsuit from a well-connected privately owned explorer.

Diversified mining giant BHP Billiton (ASX:BHP) has expressed strong confidence in the long-term outlook for the global copper market.

Australian steelmaker and iron miner Arrium (ASX:ARI) has seen its shares surge after rejecting a $1 billion takeover bid for the company's mines and blast furnace.

Newcrest Mining (ASX:NCM) is accused of licensing breaches by a private exploration company seeking to scupper the gold mining giant's $2 billion Cadia East project.

Toyota, one of the leading automakers in the world, bought this week a 25% stake in Salar de Olaroz lithium and potassium project in Argentina to ensure supply for it growing electric cars division.

AngloAmerican (LSE:AAL) plans to implement reductions in coking coal over the next several months with further industry-wide cuts still expected.