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Peel Exploration Upbeat on New Discoveries

Peel Exploration Managing Director Rob Tyson is excited about a significant deposit that may be found in the historic May Day mine.

20 Jul 2010

Rio Tinto, Ivanhoe Mines Tussle Over Mongolian Deposit

Rio Tinto wants more than to be a side line partner for Ivanhoe Mines in Mongolia. The Canadian miner Ivanhoe was assisted by Rio to end lengthy and complicated 5 year old negotiations under Mongolian mining law for the largest undeveloped copper deposit in the world.

From Ivanhoe Mines Ltd 20 Jul 2010

China Slowdown on Iron Ore and Copper Imports

Is the global economic slowdown finally slowing down China? It would seem that way if you look at the decline in imports of iron ore and copper in the month of June from Australia.

From BHP Billiton Plc 12 Jul 2010

Taseko Mines Steps Closer to Williams Lake Approval

Vancouver-based Taseko Mines (TSX: TKO, NYSE AMEX: TGB) awaits the British Columbia government’s approval for its proposed open pit mine. The CEO Russell Hallbauer predicted that the cabinet will have a decision on the proposed mining project after it reviewed the environmental threats.

From Taseko Mines Limited 7 Jul 2010

Aussie Mining Giants Happy with New Tax Proposal

The big mining companies in Australia have been expressing their approval of the government's cut in the proposed Resources Super Profits Tax. The new compromise tax has been redesigned and renamed under Prime Minste...

From Fortescue Metals Group Ltd 4 Jul 2010

Fluor Corporation Awarded Massive Contract in Chile

The Texas based Fluor Corporation has been awarded a contract valued at US$1.3 billion by Minera Lumina Copper Chile S.A. for its new Caserones copper mine project located in central Chile. The Fluor Corporation will del...

30 Jun 2010

Andrew Forrest Confident on RSPT Resolution

Fortescue Metals Group Ltd chief Andrew Forrest is now feeling confident about reaching a deal over the Resources Super Profits Tax (RSPT) with the Australian Government.

From Fortescue Metals Group Ltd 30 Jun 2010

Rio Tinto Bets on Ivanhoe Mines

Ivanhoe Mines received a financial shot in the arm from Rio Tinto as it bought shares worth US$393 Million to increase its ownership to 29.6% in the company. The funds generated are to be used to start the construction of the Oyu Tolgoi Copper – Gold Mining complex in Mongolia.

From Ivanhoe Mines Ltd 30 Jun 2010

Gains Across the Board for Ozzie Mining Stocks

The Labor Party has a new leader and the mining industry is already gaining across the Australian stock market. With Prime Minister Kevin Rudd being ousted by Julia Gillard the proposed Resources Super Profits Tax on the...

From Fortescue Metals Group Ltd 24 Jun 2010

Boom Time Ahead for Miners

According to the Australian Bureau of Agricultural and Resource Economics (ABARE), next financial year is going to be boom time for the miners. ABARE expects the mining and energy exports to come to about $170 billion in...

From Fortescue Metals Group Ltd 23 Jun 2010