Australia’s mining construction boom is expected to peak in late 2013 and government spending cuts are making it harder to find a new driver of economic growth, economics advisory group Deloitte...
Fortescue's tax bill is rising but the miner doesn't expect to pay the Minerals Resource Rent Tax this financial year as iron ore prices recover from hefty falls in 2012.
Lucy Battersby Rio Tinto is facing a legal challenge over claims it discriminated between union and non-union miners by giving workers on individual contracts up to $120,000 more in redundancy payments.
Peter Ker BHP Billiton will need to lift its iron ore exports if it is to meet annual guidance, after its December quarter results fell short of what some analysts were hoping for.
Brian Robins Rio Tinto shares are up another 1 per cent, bringing their gains to close to 4 per cent since the axing of Tom Albanese.
Peter Ker Rio Tinto is not the only mining company to be experiencing change at its highest levels, with ASX-listed gold producer Perseus Mining revealing today that Mark Calderwood would step down as managing...
Adele Ferguson The rise in Rio Tinto’s market value after CEO Tom Albanese walked the plank sends a strong message to companies that investors will support decisive action from boards.
Brian Robins It is hard to see just what Rio Tinto's UK-based head office has brought to the table over the years.
Paddy Manning Investors have welcomed Rio Tinto's bold move to dump Tom Albanese as CEO and replace him with Sam Walsh, hoping he will bring a new conservatism to the miner.
Paddy Manning Woodside and Santos rise in early trade after reporting record December quarter production and sales figures, albeit in line with forecasts.
Peter Ker Rio Tinto produces a record 250 million tonnes of iron ore in 2012, but fails to meet its annual target for copper.
Peter Ker Fortescue Metals Group has terminated a proposed deal that would have seen the company diversify into Western Australian shale gas.
Philip Wen AJ Lucas shares have surged after confirming reports its British subsidiary, Cuadrilla, is holding preliminary talks with major investors, as the United Kingdom seeks to replicate the shale gas...
Adele Ferguson Former Leighton boss Wal King has been approached to chair UK-listed coal miner Bumi Plc, pending the outcome of a proposal to oust the incumbent board and CEO.
Philip Wen The price of iron ore has jumped to a fresh 15-month high on the back of a buying spree from Chinese steel mills, but analysts are divided over how long the surge will last.
Speculative buying has pushed iron ore prices to 15-month highs, in a rally that began last month and could extend amid a limited supply of spot cargoes.
Peter Ker and Ben Cubby Australia’s corporate watchdog has begun enquiries into the hoax which rocked local markets today and temporarily wiped more than $314 million off the value of Whitehaven Coal.
Ben Cubby and Peter Ker A hoax press release has wiped more than $314m off the value of Nathan Tinkler's Whitehaven Coal, in a stunt that has forced the company into a trading halt.
Glenda Kwek Stocks in rare earths miner Lynas rose as high as 10.4 per cent today as the Australian firm reported strong progress in its controversial Malaysian processing plant.
Mining giant Anglo American is close to hiring Australian Mark Cutifani, the boss of rival AngloGold Ashanti, as its new chief, sources say.