A group of protestors from anti-coal group Quit Coal have staged a dramatic protest in the Australian city of Melbourne today, abseiling down the front of the state parliament building and chaining themselves to its pillars.
Eight of Barrick Gold's Australian subsidiaries have received fines totaling AUD$127,000 for failure to lodge required documents with the Australian Securities and Investments Commission (ASIC).
Analysts predict a recovery in the price of iron ore this month following a dive in spot prices below key lower thresholds which has left the shares of major Australian miners languishing in the doldrums.
The chairman of Perth's Summit Resources (ASX:SMM) has said Queensland could miss out on millions in uranium investment due to the Newman government's failure to establish a more welcoming policy environment for developers.
A school in Western Australia has adopted the innovative pedagogic technique of using Lego robotics to teach students about mining processes, with the long-term goal of providing skilled tech-savvy workers to the region's flourishing resources sector.
The founder and chairman of Fortescue Metals Group (ASX:FMG) Andrew Forrest raised his stake in the company by AUD$39 million this week amidst declines in the prices of both Fortescue shares and iron ore.
London listed Xstrata (LON:XTA) started Thursday copper production at its $310 million (A$300) Mount Margaret operation in north-west Queensland, Australia.
Qatar’s sovereign wealth fund has publicly said Friday it will vote against the mooted $70 billion merger between Glencore (LON:GLEN) and Xstrata (LON:XTA), which sent shares of both the Swiss commodity trader and the coal giant down the slope Thursday in London.