The richest woman in the world, Gina Rinehart, on Wednesday dropped $200 million in "loose change" to more than double her stake in Australian newspaper group Fairfax to add to her shares in a television channel prompting questions about the mining magnate's motivations.
BHP Billiton Ltd., the world’s largest mining company and the fourth-largest nickel producer, announced today that is decreasing mining operations at its West Australian locations by 30 percent.
MELBOURNE, AUSTRALIA--(Marketwire - Jan. 30, 2012) - Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA), are pleased to announce the appointment of UBS Investment Bank to as...
Australia's mining machinery imports fell 62% in November and December, the biggest fall since the global financial crisis, according to one of the country's largest freight forwarders of heavy equipment.
Gem Diamonds on Thursday reported record annual production at its flagship Letšeng mine in Lesotho and continued to polish its reputation as the world’s richest source of exceptionally large diamonds, but prices per carat fell 23% compared to a year ago.
With revenues of $60 billion last year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy and the resource sector than Caterpillar.
But what is it saying about the outlook for 2012?