MINING.COM

Rio Tinto’s Blair Athol Mine to finish production

Rio Tinto Coal Australia's Blair Athol Mine, near Clermont in Central Queensland, will finish mining operations this year after almost 30 years of production.

Rio Tinto | August 8, 2012 | 4:47 pm

Barrick pursuing acquisitions despite operations and projects review

Barrick Gold, the world’s largest producer of the precious metal, said it would continue to pursue acquisition opportunities despite the full review of its operations.

Cecilia Jamasmie | August 7, 2012 | 1:40 pm

Xstrata to create world’s biggest zinc mine

Xstrata has approved a $360 million expansion for its McArthur River mine in Australia’s Northern Territory which will make the project the largest producer of zinc in the world.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

AngloGold Ashanti’s Latin America profit plunges 52%

AngloGold Ashanti's, the world’s third-largest gold producer, reported that profits from its Latin American operations dropped 52% from $92 million to $48 in the second quarter of this year.

Cecilia Jamasmie | August 7, 2012 | 12:52 pm

Coins worth much more than just the gold they contain

While the Perth Mint produces some products that are a favourite with investors who just want gold exposure only, the mint wants you to know that it has produced some collectibles.

Michael Allan McCrae | August 5, 2012 | 8:13 pm

Rinehart’s well-timed exit from coal

Gina Rinehart, iron ore magnate and Asia's wealthiest woman, sold a controlling stake in her Galilee coal assets nearly a year ago to GVK Group, run by Indian billionaire GV Krishna Reddy.

Michael Allan McCrae | August 5, 2012 | 4:18 pm

BHP Billiton takes $2.84 billion hit on shale gas asset

Record low gas prices in North America will result in BHP Billiton (NYSE:BHP) taking an impairment of US$2.84 billion (before tax) against the carrying value of the Fayetteville shale gas assets acquired from Chesapeake Energy in February 2011.

MINING.COM Staff Writer | August 3, 2012 | 6:35 am

Outer Harbour outta here! When BHP gives up on iron ore growth then you know the mining boom is over

The mining giant is also scaling back or postponing other expensive expansion projects but the pullback in iron ore – by far the Melbourne-based company's most profitable division – is a surprising move and indicative of the cloudy outlook for the commodities business.

Frik Els | August 2, 2012 | 4:00 pm

BHP’s performance on the ground fails to lift shares off 3-year lows

The stock hit a high of $50 in May 2008 and came close again in April 2011, but at $170 billion, the Melbourne-based company is now valued at some $80 billion less that at its peak.

Frik Els | August 1, 2012 | 6:22 pm

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Newcrest ups stake in Ecuador with Cornerstone deal

Glencore yields to investor pressure, caps coal production

OceanaGold’s shares up after reporting 2018 financials

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

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

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