BHP Billiton addressed shareholder concerns about its ambitious investment plans in four mega-projects on Wednesday saying it will match capital expenditures closely with cash flows and stagger the project pipeline.
The High Court of Malaysia today rejected Australian miner Lynas Corp’s (ASX:LYC) application for an injunction against pressure groups that oppose the company’s rare earth plant (LAMP), informs The Malaysian Insider.
Anglo-Swiss Xstrata Plc. (LON:XTA) reported today mixed production results for its first quarter, with copper production declining 18%, but said operating and financial performance remains strong.
Australian rare earths miner Lynas Corporation (ASX:LYC), has filed a defamation action against Malaysian protestors and opponents over their criticism of the company's rare earth plant (LAMP), which will process ores shipped from Western Australia.
Australia's Federal Skills Minister, Chris Evans, said Rio Tinto (LON and NYSE: RIO) should focus on local workers when filling its 6,000 mining jobs, in what is considered the largest recruitment campaign in the country’s history.
Clive Palmer, who made his fortune through securing access to 160 billion tonnes of iron ore reserves in the Pilbara Ranges, plans to rebuild the Titanic and contest the seat held by Wayne Swan, the Deputy Prime Minister of Australia.
The Australian reports on a potential clash of visions in the Tasmanian rainforest, where 10 new mines are proposed and 58 exploration licences active.
Australian miner Xstrata Coal is pulling out of the Donkin Mine project, which promised to employ as many as 300 people in Cape Breton, Eastern Canada, by 2014.