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Soetjipto said on Friday that the mining giant, one of the country's biggest taxpayers, wanted to be kept up-to-date on the progress of the investigation so that it could predict when to resume mining operations. Certainly, when we resume production
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Reuters Newly appointed BHP Billiton boss Andrew Mackenzie has used his first major investor presentation as chief executive to announce significant cuts to its capital and exploration spend, emphasising the mining giant's productivity drive in a
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A consortium led by Hebei Iron and Steel Group, China's biggest steelmaker by output, has reached a binding agreement to buy a controlling stake in South Africa-based Palabora Mining Co, from international mining giant Rio Tinto plc. According to a
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B.C. mining giant Teck Resources has admitted in a news release that slag discharged from its Trail operations for about 100 years has entered the Upper Columbia River and released hazardous substances into the environment in the United States. Teck
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The Republic azcentral.com Tucson-based copper-mining giant Asarco will celebrate more than 100 years of operations in Arizona today and reports that its operations are growing. Asarco operates the Mission mine near Sahuarita, the Ray mine near
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The union representing workers at Alcoa's Geelong plant says it will work with the aluminium producer and the federal and state governments to come up with a plan to save the smelter...Rupert Murdoch's News Corporation has unveiled a strong rise in
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The Tiwai smelter is one of the country's largest single exporters by value and has provided hundreds of jobs in Southland during the past 40 years, manufacturing some of the highest-purity aluminium available in the world. Bids worth billions of
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Australian shares gained 1.7 per cent on Monday to a six-week high, driven by hopes euro zone policymakers will finally come up with a plan to resolve the region's debt woes and recapitalise its banks. Shares in global miner Rio Tinto rose 2.4 per
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In morning trade, the benchmark S&P/ASX200 index was up 46.2 points, or 1.1 per cent, at 4219.6, while the broader All Ordinaries index was 47.5 points, or 1.1 per cent, higher at 4287.3. Investors are positioning for the possibility a speech by
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Uranium miner Energy Resources of Australia Ltd. on Thursday blamed extraordinarily heavy rain across northern Australia for a 122 million Australian dollar ($131 million) loss in the first half of 2011. The result for the Rio
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