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The BHP show obscures Australian mining's deeper problems
20 Agu 2014 - "Australia’s base metals mining industry – we’re talking gold, silver, copper, nickel and uranium – is suffering unnecessarily, not because the markets for them have weakened but because the appetite for their discovery has been replaced by more immediately profitable impulses or short-term cost reduction strategies.

US firm claims Australia's biggest oil find in 30 years
19 Agu 2014 - US oil and energy firm Apache Corp. (NYSE:APA) said Monday an exploration well offshore Western Australia state had found as much as 300 million barrels of crude, potentially the country’s largest oil discovery in the last 30 years.

Imperial Metal to raise $100 M to cover Mount Polley cleanup costs
18 Agu 2014 - Imperial Metals Corp. (TSX:III) will raise $100 million through debentures to cover the cleanup costs of its Mount Polley mine disaster, and plans to move ahead with the commissioning of its Red Chris mine, despite the project being $61 million over budget and picketed by First Nations.

This pink diamond may become one of the most valuable gems ever sold
18 Agu 2014 - An 8.41 carat, pear-shaped, flawless pink diamond will go under Sotheby’s hammer in Hong Kong on Oct. 7, with the rare gem expected to fetch up to US$15.4 million.

Nearly 17,000 Australian mining jobs to disappear by 2019
17 Agu 2014 - Employment in Australia's mining industry is expected to decline by 4.5% through 2018, with more than 16,000 jobs to be lost across exploration, metal ore and coal mining.

BHP says demerger preferred option
16 Agu 2014 - BHP Billiton (ASX:BHP) (LON:BLT) —the world’s largest mining group formed by one of the industry’s landmark mergers— has pursued a strategy of rightsizing and simplifying its business for over a decade.

Rio has first right of refusal over Bougainville Copper
16 Agu 2014 - Papua New Guinea’s autonomous region of Bougainville last week passed a new mining bill that stripped mining rights from Rio Tinto’s (LON, ASX:RIO) subsidiary Bougainville Copper Limited (ASX:BOC) which had been operating there for more than 20 years.








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