MINING.COM

Rinehart would pass government test for media ownership

Mining magnate Gina Rinehart would pass a proposed public interest test for ownership of media outlets according to the Australia government's Communications Minister Stephen Conroy.

Marc Howe | July 25, 2012 | 1:16 am

Northern Iron surges as Indians fatten offer

Shares in Australia's Northern Iron (ASX:NFE) surged by around 38% in Tuesday trading, on news that India's Aditya Birla Group had increased its takeover offer by 4%, bringing the bid to USD$532 Million.

Marc Howe | July 25, 2012 | 12:42 am

Australia sees mass exodus of drillers to Africa

Australia's drilling industry is in the doldrums following a large-scale exodus of companies to Africa in pursuit of surveying projects.

Marc Howe | July 24, 2012 | 11:48 pm

Intrepid Mining plunges 55% on shadowy Indonesian ouster

Australia's Intrepid Mining (ASX:IAU) has seen its share price plunge after being summarily booted from a key copper project in Indonesia by powerful local business interests.

Marc Howe | July 24, 2012 | 12:08 am

Iron mines imperil the Tasmanian devil

Iron ore mines slated for development in Tasmania's Tarkine region could imperil the survival of the only robust Tasmanian devil population still left in the wild.

Marc Howe | July 23, 2012 | 2:37 am

Australia’s Caspian Oil & Gas to acquire Chilean copper project

Perth-based Caspian Oil & Gas (ASX:CIG) is set to enter the mineral exploitation sector with the acquisition of a Chilean copper project.

Marc Howe | July 23, 2012 | 1:14 am

Calls for fundamental reform of Australian mining tax

One of Australia's leading intellectuals and a former adviser to the country's incumbent Labor Party has called for far-reaching reforms to the resource giant's mining tax and GST.

Marc Howe | July 22, 2012 | 11:42 pm

No signs of the mining boom ending for Australia any time soon: studies

There is no end on sight to the mining boom in Australia, a country which mineral resources sector value is expected to reach $122.6 billion by 2016, growing at an annual average rate of 4.3%, reveals a study published Saturday.

Cecilia Jamasmie | July 21, 2012 | 4:54 pm

China’s Sino Iron mine in Australia just got $2 billon more expensive

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion.

Cecilia Jamasmie | July 21, 2012 | 3:39 pm

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Australia’s ANZ bank closes Singapore gold vault

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