Newcrest Mining named most attractive employer to work for in Randstad awards The Australian | NEWCREST Mining has knocked Virgin Australia from its top spot as Australia's most attractive employer to work for. | The gold mining company was awarded first prize in recruitment firm Randstad’s 2012 awards for offering competitive salaries, good training and long-term job security. |...
Mongolia Sets Plan to Cap Investments Wall Street Journal By JAMES T. AREDDY | Mongolia's parliament approved a new investment law Thursday that caps future foreign participation in certain strategic industries, reflecting a growing public push to keep profits from the mineral-rich nation's industries inside the country. | When it goes into effect, the law...
India’s illegal sand mining fuels boom, ravages rivers The Washington Post | NARANGI, India — Dozens of dredging boats scour the bottom of the Vaitarna creek all day, as workers build pyramids of excavated sand in the villages along its banks. By night, thousands of trucks clog a narrow highway to deliver the sand to ...
Qld coal miners set to resume strikes Canberra Times | BHP Billiton Mitsubishi Alliance's (BMA) central Queensland coal miners will resume their strikes next week after rejecting the company's latest workplace offer. | More than 80 per cent of Bowen Basin workers voted against BMA's most recent offer, ...
Blanket Mining Tax Is Not the Answer Jakarta Globe Natural resources, especially minerals and palm oil, have been Indonesia’s major export earners over the past few years, as global prices and production have increased significantly. | The earnings from these exports have boosted the country’s fo...
US sharemarket falls for 12th consecutive session The Australian | US blue chips extended a streak of declines the likes of which hasn't been seen in almost 40 years, amid concerns about the eurozone and Facebook's lacklustre debut. | The Dow Jones Industrial Average suffered its 12th loss in 13 sessions, the wors...
Discounted sale of inferior coal to Adani project by UCM Coal prompts recent policy change The Times Of India Tweet MUMBAI: An agreement between three state-owned companies and Adani Enterprises over the terms of supply as well as the price of an inferior variety of coal slated to be used to fire a power plant being set up by the Ahmedabad-based group has be...
Mine companies wary as Barnett's west rakes in the royalties The Australian | WESTERN Australia is presiding over an unprecedented grab for mineral royalties as it plans to further raise the rates it charges miners, with the state's royalty income surging from $1.68 billion in 2008 to a forecast $6.56bn by 2016. | The projec...
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Asia stocks fall as Greek worries rattle investors The Boston Globe | BANGKOK-Asian stock markets were mostly lower Tuesday, rattled by a political impasse in Greece that could lead the debt-stricken country to a destabilizing exit from the euro cu...
Inflation surges 7.23% in April Indian Express | India's wholesale price inflation accelerated 7.23% in April, compared with 6.89% in the previous month, as food and manufactured items turned dearer, heaping pressure on the cen...
Gold steadies as euro lifts from 3-1/2 month low Business Day | GOLD steadied on Thursday after falling to a four-month low in the previous session, as an uptick in the euro after Spain moved to clean up its banks and Europe’s bailout fund ...
Wake up, the glass is almost full to the brim Canberra Times | LETTERS | I woke up to a bright, crisp autumn morning with no looming catastrophes on the horizon, real or imagined. I then wondered just when was it that we became a nation of whiners bleating on about our entitlements and tax breaks. When did our...
A debate: Should you jump in on Facebook debut? Knox News | EDITOR'S NOTE — Facebook began selling stock to the public Friday in the most talked-about market debut in years. The stock closed 23 cents above its initial offering price, at $38.23. Two Associated Press business writers debate whether the stoc...
UPDATE 1-Vale sees iron ore price rising in 2nd half of 2012 Reuters | * Iron ore rise may ease squeeze on key mining projects | * Long-term iron-ore prices seen between $120-$180 tonne | * Vale reviewing Guinea iron ore, Argentine potash mines | * Tight credit, political demands forcing project reviews | RIO DE JANEI...
Otero Mesa; Search for Rare Earth Threatens a Desert Bio-Gem Huffington Post | An essential mineral ingredient used in a variety of electronics from cell phones to smart bombs could be a death knell for a pristine part of a wild New Mexico desert grassland coveted by environmentalists—and considered sacred to Native Ame...
