Breaking News  
 
06/01/2009 06:38 am
By Brett Foley Jan. 5 (Bloomberg) -- Rio Tinto Group, the world’s second- biggest aluminum producer, said a production line at its New Zealand smelter is still closed after a transformer failure ... ...
06/01/2009 06:25 am
2008 saw spectacular rises and falls in the price of mining investments. You could have made or lost a fortune selling or buying at the wrong time ion 2008. What lessons does this leave with us as we study the rules of investing in mining? The rule of never trusting the experts is as good a [...] ...
06/01/2009 04:35 am
The note tacked inside the elevator wishes us all a Safe and Prosperous New Year.   We echo that salutation.  The junior miner I encountered on exiting the elevator said he remains optimistic “for I have no other options.”   And we encourage that way of thinking. In that vein, here is wha ...
06/01/2009 12:00 am
THE cash-strapped mining industry has stepped up lobbying of the Federal Government for a scheme that allows investors access to tax deductions. ...
05/01/2009 11:41 pm
TO STAY afloat, the Broken Hill miner Perilya said it would be forced into a deeply discounted capital raising or a fire sale of assets if shareholders did not approve a $45.5 million equity injection that would hand control of the company to Chinese smelter Zhongjin Lingnan. ...
05/01/2009 07:00 pm
The mining industry needs to start seeking out Australia's next wealth of mineral deposits in preparation for renewed global demand, not cutting jobs and draining the resources we have left, argues Peter Lilly. ...
05/01/2009 04:23 pm
Qantas (QAN), the world's second oldest continuously operating airline’s chairman Clifford has been appointed as Kohlberg Kravis Roberts’ (KKR) senior advisor. KKR is a leading global alternative asset manager. The core of the Firm's franchise is sponsoring and managing funds that make p ...
05/01/2009 03:56 pm
CANBERRA, Jan 04, 2009 (Dow Jones Commodities News via Comtex) -- RMGGF | Quote | Chart | News | PowerRating -- Australian-based gold miner Resolute Mining Ltd. (RSG.AU) said Monday it raised A$54 ... ...
05/01/2009 01:57 pm
CANBERRA, Jan 04, 2009 (Dow Jones Commodities News via Comtex) -- Australian-based gold miner Resolute Mining Ltd. (RSG.AU) said Monday it raised A$54.7 million, with most to be used to complete ... ...
05/01/2009 11:00 am
RIO TINTO is selling its stake in a Chinese aluminium smelting venture as part of a $30bn asset sales program to reduce the company’s debt. ...
05/01/2009 08:44 am
KOHLBERG KRAVIS ROBERTS, the US private equity firm that owns half of Channel Seven and the mining services provider BIS Industries, has flagged possible further expansion in Australia, appointing the Qantas chairman and former Rio Tinto boss Leigh Clifford as a senior adviser. ...
05/01/2009 04:30 am
Resolute Mining has closed lower today after returning to the boards of the ASX following a long suspension to raise capital. The company has secured $54.7 million to bring its African gold project i ...
04/01/2009 11:36 pm
Kohlberg Kravis Roberts, the US private equity firm that owns half of Channel Seven and the mining services provider BIS Industries, has flagged possible further expansion in Australia, appointing the Qantas chairman and former Rio Tinto boss Leigh Clifford as a senior adviser. ...
03/01/2009 09:59 am
QUEENSLAND rail unions have joined forces with the Greens to topple Labor at the next state election. ... The Rail, Tram and Bus Union, the Metal Workers Union and the Construction, Forestry and Mining Union said ... ...
03/01/2009 03:40 am
Will 2009 be the year that I finally break down and buy a gold bar?  Maybe I should seek out a Kruger Rand?  Or should I simply stick to gold mining stocks?  True, gold is the only metal that increased in value in 2008: Gold closed the year at $865 an ounce in London as the LBMA [...] ...
03/01/2009 02:38 am
By Thomas Biesheuvel Jan. 2 (Bloomberg) -- Lonmin Plc and Aquarius Platinum Ltd. advanced in London trading as the precious metal headed for a fourth successive weekly gain, improving the mining ... ...
03/01/2009 12:54 am
By Thomas Biesheuvel Jan. 2 (Bloomberg) -- Lonmin Plc and Aquarius Platinum Ltd. advanced in London trading as the precious metal headed for a fourth successive weekly gain, improving the mining ... ...
03/01/2009 12:02 am
AFRICA-FOCUSED Resolute Mining has raised $54.7 million to help commission its Syama gold project in Mali, falling short of its $72.5 million target. The capital raising, through a convertible ... ...
02/01/2009 09:38 pm
By Andrew Rummer Jan. 2 (Bloomberg) -- UK stocks rise, led by mining companies, trimming last year’s record decline in the FTSE 100 Index. Rio Tinto Group, the world’s third-largest mining company ... ...
02/01/2009 07:54 pm
By Debarati Roy Jan. 2 (Bloomberg) -- ACC Rio Tinto Exploration Co., a unit of the world’s third-largest mining company, secured a so-called reconnaissance permit to find diamonds, gold, copper ... ...
02/01/2009 07:49 pm
ACC Rio Tinto Exploration Co., a unit of the world’s third-largest mining company, has secured a reconnaissance permit to explore diamonds, gold, copper and zinc in Andhra Pradesh, according to ... ...
02/01/2009 01:48 pm
PANAJI: After last year's low in mining exports, exporters are looking at aid from the state government to upgrade infrastructure and a policy on mining to boost business in the new year. In April-September 2008, iron ore exports from India dipped by roughly 5% to 37.93 million tonnes as against ...
02/01/2009 01:00 pm
Melbourne Mining Club Luncheon - Mr Tom Albanese, Chief Executive, Rio Tinto ...
02/01/2009 08:14 am
OZ Minerals Ltd. (OZL.AU), the mining group which has just been given a two-month extension by its banks to refinance US$560 million of debt, is aiming to sell its Martabe gold project in ... ...
02/01/2009 07:49 am
AN ANGLESEY mining firm says it remains committed to an ambitious venture to re-open a copper mine on the island. Anglesey Mining received a massive setback last October when Australia mining giant Western Metals Ltd pulled out of a pounds 13m deal for Parys Mountain, near Amlwch. The project had be ...
Get your Australian News at wotnews.com.au