Australia Top Stories

Rio Tinto’s exit from coal pays off, to return $3.2B from sales proceeds to shareholders

The fresh round of returns follows Rio’s promise in August…

Australia’s northern infrastructure fund backs mineral sands project

Australian mineral sands developer Sheffield Resources said on Wednesday it…

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BHP Billiton logs record performances for past fiscal year

BHP Billiton (ASE:BHP) has logged a remarkable performance over the past twelve months, with the release of its production report for the year ended 30 June 2012 indicating that the diversified mining giant achieved record results across a broad gamut of operations, and maintained its record-breaking run in iron ore output.

The mining boom in Australia is over, or is it?

This was the year for Australia’s mining boom Martin Ferguson hinted on Monday. The Resources Minister highlighted the end of the high commodity prices era that will force the country’s industry to increase its productivity and develop new technologies in order to remain competitive.