MINING.COM

World’s richest woman proposes minimum wage reduction for envious and lazy

Mining tycoon Gina Rinehart has triggered a squall of controversy in Australia by issuing a call for the minimum wage to be reduced and accusing those jealous of her immense wealth of being lazy.

Marc Howe | August 30, 2012 | 3:27 am

Australia pushes for expansion into African mining

Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.

Marc Howe | August 30, 2012 | 1:21 am

Iron ore freefall catches miners

Iron ore prices hit the lowest level since November 2009 on Tuesday as the commodity crashed 4.6% closing at $94.80. The dive proved a drag for producers of the commodity, particularly companies investing heavily to expand their production capacity.

Cecilia Jamasmie | August 29, 2012 | 6:14 pm

Anglo American sheds workers as coal prices plummet

London-based Anglo American (LSE:AAL) has joined an expanding list of coal producers making staff cuts at specific Australian operations, after it announced it will cut at least 50 jobs when its Moranbah North mine reverts back to a single longwall operation.

Cecilia Jamasmie | August 29, 2012 | 3:37 pm

Newcrest restarts Lihir mine

Gold producer Newcrest Mining (ASX:NCM) resumed its operations at the Lihir project, in Papua New Guinea, following the resolution of a dispute lodged by the Lihir Mining Area Landowners Association (LMALA).

Cecilia Jamasmie | August 29, 2012 | 12:30 pm

China slows overseas investments during leadership transition

MMG (HSX:1208) CEO Andrew Michelmore says China's leadership transition later this year could put the brakes on overseas investment due to impeded decision-making by China's policy-making elite.

Marc Howe | August 29, 2012 | 3:22 am

Land fight forces Newcrest to shut Lihir gold mine

Australia’s largest listed gold company by market capitalization, Newcrest Mining (ASX:NCM), said Tuesday it had to suspend production at its flagship Lihir mine in Papua New Guinea, as protests from a local landowners’ group keep escalating.

Cecilia Jamasmie | August 28, 2012 | 6:56 pm

Two men killed on Origin Energy offshore rig

Two men have died in an accident on an offshore gas rig operated by Origin Energy(ASX:ORG) in Australia's Bass Strait.

Marc Howe | August 28, 2012 | 5:07 am

China’s push for end to Aussie iron ore boom

Jeffrey Wilson of Murdoch University's Asia Research Centre examines China's pivotal role in the boom and possible bust of Australia's iron ore sector.

Marc Howe | August 28, 2012 | 12:54 am

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Chinese traders freeze Australian coal orders amid 40-day customs delays – sources

Canadian regulator clears Newmont’s $10B merger with Goldcorp

BHP urges miners to create global body to oversee tailings dams

Australian mine to host first of its kind clean energy storage facility

Recommissioned Aussie mine dispatches first nickel concentrate shipment to China

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