March 16, 2012

Rio halts iron ore port operations as cyclone nears

Operations at two ports used by Rio Tinto -- Dampier and Cape Lambert -- were winding down, while mining and its rail hauling line remained open, said a spokesman for…

March 16, 2012

AusGroup wins Karara iron ore contract

AusGroup subsidiary AGC Industries has formalised its construction contract with Gindalbie Metals for its Karara iron ore project.

March 15, 2012

Australian mining magnate sues the Government for carbon tax

Australian mining tycoon Clive Palmer will be mounting a High Court challenge against the Government's carbon tax, he told ABC News’ 7.30 Report.

March 15, 2012

WA’s main iron ore port closed for cyclone

The iron ore export port of Port Hedland is being evacuated as Tropical Cyclone Lua moves towards Western Australia's Pilbara coast.

March 15, 2012

Centennial’s Springvale coal mine extension approved

Centennial Coal's Springvale longwall coal mine extension has been approved.

March 14, 2012

Mining exploration in Australia records $1billion high

Spending on mining exploration hit a record $1 billion in the three months to December, despite claims the carbon price and mining tax would hurt the industry's growth.

March 14, 2012

Fortescue Metals to raise $US1bn for Pilbara iron ore expansion

Fortescue Metals Group today said it plans to raise $US1 billion ($947.7 million) with a high-yield bond offering to help fund the expansion of its iron ore operations in Western…

March 14, 2012

What are the world’s 10 richest diamond mines?

Which country is home to the richest diamond mines? If you said Canada, you'd be close, and if you said Botswana or South Africa, you'd be right on the money.…

March 14, 2012

Western Areas Completes the Acquisition of Kagara Nickel

The Board of Western Areas (TSX:WSA)(ASX:WSA) is pleased to announce formal completion of the acquisition of 100% of Kagara Nickel Pty Ltd ("Kagara Nickel") for A$68 million.

March 13, 2012

Big G family feud is bringing the taxman, regulator and lawmakers down on Hancock Prospecting

While the sordid details emerging from the proceedings are humiliating enough there may be some serious financial implications for Gina Rinehart – mining's 4th richest person with a fortune pegged…