Peabody Energy to shut parts of Queensland mine after fire

Analysts from Foster Stockbroking told investors to purge their shares in rare earths miner Lynas Corporation as there is no end in sight for the ongoing problems that have forced the company to halt operations in Malaysia.

Mine Site Technologies (MST) has officially opened its new global headquarters facility in Sydney, NSW, Australia.

Wandoan, with a population of less than 380 people, could get about $106 million from mining giant Xstrata if the Swiss company decides to go ahead with its $6 billion coal project bordering the local community.

Giant miner Rio Tinto is closing down its Blair Athol coal mine in Australia as the company considers whether to limit spending on new projects next year.

Rio Tinto Coal Australia's Blair Athol Mine, near Clermont in Central Queensland, will finish mining operations this year after almost 30 years of production.

Barrick Gold, the world’s largest producer of the precious metal, said it would continue to pursue acquisition opportunities despite the full review of its operations.

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

AngloGold Ashanti's, the world’s third-largest gold producer, reported that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year.

While the Perth Mint produces some products that are a favourite with investors who just want gold exposure only, the mint wants you to know that it has produced some collectibles.