MINING.COM

AREVA and Mitsubishi co-operate on Australian uranium exploration

AREVA and Mitsubishi Corporation, through their respective subsidiaries Afmeco Mining and Exploration Pty Ltd (AFMEX) and Mitsubishi Development Pty Ltd (MDP), have decided to work together in a uranium exploration program in Australia.

MINING.com Editor | May 16, 2012 | 12:18 am

BHP Billiton puts its money on the iron ore market and China

BHP Billiton Ltd. (NYSE:BHP) is betting on the iron ore market as one of the forces to drive the mining industry in the next decade, especially as developing nations such as China move from investment-led economic growth to consumption-led economic growth.

Cecilia Jamasmie | May 15, 2012 | 4:00 pm

India plagued by problems acquiring foreign mines

India is not China when it comes to successful acquisitions of foreign mining companies, reports the Wall Street Journal.

Andrew Topf | May 14, 2012 | 5:09 pm

Coal industry jeopardizing humpback whales in Australia

Humpback whales may be the main victims of Australia's thriving coal industry, according to a study published on the May issue of the Marine Ecology Progress Series journal.

Cecilia Jamasmie | May 14, 2012 | 4:26 pm

Canadian Cameco to buy German nuclear fuel company Nukem for $136 million

Canadian company Cameco, the world's largest uranium miner, has signed a deal to buy Nukem Energy, a German company that trades nuclear fuel products and services, for $136 million in cash plus debt.

Cecilia Jamasmie | May 14, 2012 | 3:28 pm

When $6 billion is not enough: Australian mining billionaire to sue newspaper for $50 million

Australian mining billionaire Clive Palmer is threating to sue the Sydney Morning Herald, one of the most respected daily newspapers in Down Under, for $50 million over "totally false and improper claims" about his China First coal mine.

Cecilia Jamasmie | May 14, 2012 | 1:00 pm

Rio says iron ore to stay strong even as other mining segments ‘come off the boil’

"It's not just resources versus the rest of the economy, it's iron ore versus the rest of resources versus the rest of the economy."

Frik Els | May 10, 2012 | 10:43 pm

BHP merging embattled aluminum and nickel divisions

BHP Billiton (NYSE:BHP) added to market rumors that its nickel business is not relevant for the miner anymore by announcing yesterday it had merged the stainless steel materials unit with another struggling division: aluminum.

Cecilia Jamasmie | May 10, 2012 | 12:18 pm

Rio Tinto bullish despite Europe woes

Rio Tinto, the world's third largest miner behind BHP Billiton and Vale, is bullish on the demand for commodities despite renewed volatility in Europe and the risk of financial contagion.

Andrew Topf | May 10, 2012 | 5:00 am

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