South Australia’s government has announced a massive $20 million investment into the state’s copper industry.
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More iron ore to hit the market
New reports are predicting more than 100 million tonnes of new iron ore supply will hit the market.
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Mining investment to implode
Mining investment in Australia is set to decline sharply over the next three years, resulting in 20,000 job losses.
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Gold dips to 2010 lows
Gold is taking a pounding on the back of optimism in a US Federal Reserve rate hike.
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Iron ore reaches record low
Iron ore has reached its lowest point since SteelIndex began keeping records.
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Will iron ore fall below US$40 per tonne?
Market bears are predicting iron ore will continue its decline, falling below US$40 before the end of the year.
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Iron ore future appears grim
As iron ore prices reach near-decade lows, banks are predicting a continued downwards trend for the metal.
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Cockatoo Coal faces administrators
Cockatoo Coal has gone into administration, threatening chances for further growth at their Baralaba operation.
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RBA believes worst is over for commodities
The Reserve Bank of Australia is optimistic that the mining decline has passed its worst point.
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Iron ore continues decline
Iron ore has fallen again, nearing the second lowest point on record since SteelIndex began tracking prices in November 2008, and close to the lowest point since fellow iron ore price tracking Metal Bulletin began keeping score, when the price hit its trough at US$44.59 in May 2009.
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Chinese demand needed to alleviate mining pain unlikely to come
Bankers are forecasting a rise in Chinese demand as the only way for mining to grow, but those in the industry are not expecting strong growth in the nation, however this is not fazing miners.
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Geoscientist jobless rates reach new low
A new survey has recorded the highest number of unemployed geoscientists in Australia since records began
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2013 study warned of Samarco dam break risk
As the death toll from the Samarco tailings dam disaster continues to rise while BHP shares fall to the lowest prices since 2005, questions are being raised over the preventative measures taken to prevent a disaster from occurring.
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Demand for global rebounds after disappointing quarter
Global demand for gold is at a two year high this quarter, particularly fuelled by spiked purchases from India celebrating the holiday of Diwali
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Incitec Pivot lifts profit 12pc
Explosives and fertiliser manufacturer Incitec Pivot has lifted profit significantly, despite cyclical downturns in its two main areas of businesses.
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Braving the elements in adverse conditions
Cole Latimer examines the present situation for junior miners, updating on the latest reports into the most pressing JUMEX issues.
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Danakali Limited appoints new chief financial officer
Danakali Limited has appointed chartered accountant and finance executive Chris Els as chief financial officer
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Mining’s global value slips below US$1 trillion
Continued weak commodity prices and shrinking demand have taken its toll on mining, as the market value for listed miners slips below US$1 trillion.
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Gold price drops $30 as US Feds get hawkish
Despite a promising start ahead of the US Federal Reserve decision on interest rates on Wednesday, gold prices plummeted $30 an ounce from where it had originally been trading due to an announcement from the central bank.
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Iron ore crashes through $50 per tonne mark
Iron ore has fallen through the US$50 per tonne barrier, strengthening bearish sentiment in the market.
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