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Alacer’s stock jumped 10% on the ASX after an Australian newspaper reported it had rejected several takeover approaches from OceanaGold.
Global miners have reined in expansion plans and brought in new management to sell assets and drive their mines harder.
The lawsuit is the latest headache for state-backed CITIC over a troublesome investment in an Australian iron ore mine.
The best case scenario for exporters is that the new rules make some Chinese domestic mines unviable, thereby limiting domestic output.
The country emerged as the main supplier of nickel ore to China's massive nickel pig iron sector after the cessation of exports from Indonesia.
Private equity funds have raised $1.1 billion for investments in mining and metals this year, compared with about $8.8 billion in 2013.
This is roughly equal to the amount of new supply expected to come on stream from Australia and Brazil.
Rio Tinto's energy chief executive says carbon capture may contribute more to cutting emissions than just expanding the use of cleaner fuels.
The price plunge has sent Western Desert Resources into administration after it failed to reach a deal with bankers over its debt.
CRU is positive on prices for the major base metals but is much more sanguine on price prospects for bulks and on precious metals over the next 3-4 years.
The two countries have reached an agreement over civil nuclear cooperation, which opens the door for uranium sales to India.
The country is pushing to secure at least 60% of its rare earth needs from outside China within four years.
Komatsu Australia has launched the new HM400-3M0 40t articulated dump truck and points to many improvements over its predecessor model.
Andrew Woodley will become president and CEO, replacing Craig Kinnell, who is leaving for personal reasons.
Papillon’s Fekola project, de-risked by the pending merger with B2Gold, is on track to start construction this year and build up to production in 2016.
Speaking in Johannesburg, Glencore CEO Ivan Glasenberg 'dismissed' the idea of a bid for Anglo saying his company didn't trade diamonds or platinum.
“Don’t be fooled by the gold news of higher gold output,” warns Sandra Close of mining consultants, Surbiton Associates.
The Lake Johnston project includes the Maggie Hays underground mine and a 1.5 million tonne per year concentrator plant.
CEO’s of top iron ore miners are betting that their low-cost, high volume model will force smaller competitors to the wall, leaving them the undisputed kings.
Brisbane-based PanAust says the Papua New Guinean may cost about $1.7 billion, and less if it takes a staged approach to the mine’s development.
Gina Rinehart, a mining billionaire, eyes September for production at a new iron ore mine.
Indonesia largely gets its way in tentative deals that aim to resolve a standoff between government and miners.
St Barbara Ltd, which is seeking an exit from the Gold Ridge operation, has seen the value of its notes tumble last week.
The $9.6 billion Sino Iron project has sold 1.4 million tonnes of iron ore so far, after starting exports more than 3 years behind schedule.
The state of Western Australia plans to sell government-owned assets, including part of Port Hedland, for an estimated A$1 billion to A$2 billion.
Glencore has been selected by the government as the 'preferred proponent' for the Aurukun bauxite project in northern Australia.
The miner posted a $13 million net profit versus a $245 million loss a year ago as sharply higher output offset weaker iron ore prices.
Intrepid’s offer would inject needed funds to help pay for pre-development work on the Kitumba copper project.
Clive Palmer has apologised to China's ambassador to Australia for a tirade in which he referred to the Chinese government as "bastards”.
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