Australia Top Stories

Newcrest Mining H1 profit surges 104% on strong gold production

The rise was buoyed by an increase in gold production…

Bougainville’s $58B gold-copper mine rights safe for now as Mining Act changes rejected

The autonomous Papua New Guinea region of Bougainville has rejected…

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BHP sells Australia’s mammoth uranium deposit

BHP Billiton (LON/ASX/NYSE:BHP) took Monday another step away from resource expansion in Australia, particularly in the uranium sector. The world's number one miner announced it's selling one of the country's largest undeveloped deposits of the yellow element to Canadian Cameco (TSX:CCO) (NYSE:CCJ) for $430 million.

Experts deny Aussie mining boom at an end

Following Martin Ferguson’s rash declaration last week that Australia’s mining boom had come to an end several leading economic experts have publicly refuted the Australian Resource Minister’s dire prognosis.