MINING.COM

Ivanhoe Mines successfully completes rights offering

Early results indicate approximately 100% of available common shares subscribed, generating $1.8 Billion in gross proceeds

Marketwire - Mining and Metals | July 20, 2012 | 4:15 pm

Australia’s former China ambassador concedes errors in Rio Tinto’s actions

Geoff Raby, Australia's former ambassador to China, has conceded that mining giant Rio Tinto (NYSE:RIO) committed errors in the lead up to a Chinese bribery scandal several years ago that strained relations between the two countries.

Marc Howe | July 20, 2012 | 4:41 am

Jupiter Mines announces $125 million capital raising to support manganese and iron ore ops.

Jupiter Mines, headed by former BHP Billiton chief Brian Gilbertson, has announced plans to raise AUD$125 million for the expansion of South African and Western Australian resource projects.

Marc Howe | July 20, 2012 | 1:18 am

Japanese investors edgy over Australian mining disputes

Japanese investors are becoming increasingly anxious over industrial relations in the Australian mining sector, in the wake of a long-standing dispute involving Mitsubishi and BHP Queensland coal operations which has now entered its 19th month.

Marc Howe | July 20, 2012 | 12:24 am

Depressed coal prices force job cuts at Rio Tinto’s mine

Rio Tinto (LON:RIO) is looking to reduce costs at its Australia’s Clermont Coal Mine, in central Queensland's Bowen Basin, driven by falling coal prices.

Cecilia Jamasmie | July 19, 2012 | 4:19 pm

Australia’s Quadrant to buy mining equipment supplier CQMS Razer

Australian investment firm Quadrant Private Equity has executed an agreement for the purchase of Queensland-based mining equipment supplier CQMS Razer, valuing the company at over AUD$155 million.

Marc Howe | July 19, 2012 | 1:10 am

Australian ‘coal girl’ back in court for $30k because motel ejected her

"I know of women (prostitutes) who have bought Winnebagos and caravans – but even getting a booking at a caravan park is hard."

Frik Els | July 18, 2012 | 6:10 pm

Fortescue Metals posts record iron ore output amidst surging debt

Fortescue Metals (ASX:FMG) has posted a record-breaking 17.8 million tonnes of output for the June quarter, representing a rise of 42%, while its debt volume has also surged, swelling by a billion dollars to hit the USD9 billion mark.

Marc Howe | July 18, 2012 | 4:25 am

Australia’s Ambre Energy sued by US partner for mine mismanagement

Australia's Ambre Energy is being sued by US partner Cloud Peak Energy (NYSE:CLD) for mismanagement of their shared Montana mine, as well as exceeding approved budgets and engaging in "self-dealing transactions"

Marc Howe | July 18, 2012 | 1:43 am

First

Last

Anglo American rides out iron ore hitches in strong 2018

Many Toronto-listed miners don’t disclose environmental and social info — report

Miners try to move away from fossil fuels — report

Jervois Mining offers C$16.6m in shares for Uganda cobalt projects

Runaway train wreck, copper outages cost BHP $600 million

Create FREE account or log in

to receive MINING.COM digests