Iron ore magnate Rinehart offers $290 million in cash for Atlas

Glencore International is in talks with Xstrata to merge in a deal that would create a $80 billion rival to BHP Billiton, Vale, Rio Tinto and China's Shenhua. Here's a wrap-up of what people are saying about the birth of the globe's first vertically integrated resource giant.

New Gold Inc. (TSX and NYSE AMEX:NGD) today announces fourth quarter 2011 gold production of 100,671 ounces which resulted in record annual production of 387,155 ounces during 2011. The company, once again, met its gold production guidance range of 380,000 to 400,000 ounces during the year. Quarterly and annual total cash cost per ounce sold, net of by-product sales, were $561 and $448 per ounce, respectively.

BHP Billiton (NYSE:BHP) has approved close to a billion dollars to construct a new port facility in Western Australia.

The richest woman in the world, Gina Rinehart, on Wednesday dropped $200 million in "loose change" to more than double her stake in Australian newspaper group Fairfax to add to her shares in a television channel prompting questions about the mining magnate's motivations.

BHP Billiton Ltd., the world’s largest mining company and the fourth-largest nickel producer, announced today that is decreasing mining operations at its West Australian locations by 30 percent.

After staging an impressive comeback from October's lows, the rally in iron ore prices seems to have run out of steam.

MELBOURNE, AUSTRALIA--(Marketwire - Jan. 30, 2012) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce the appointment of UBS Investment Bank to as...

Australia's mining machinery imports fell 62% in November and December, the biggest fall since the global financial crisis, according to one of the country's largest freight forwarders of heavy equipment.

Crocodile Gold (TSE:CRK) expects higher gold output this year, expecting to produce between 75,000 and 85,000 ounces of gold at a cash […]