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The road back to the prosperity of five years ago may still be a long and difficult one for the Australian mining and mining services sector, a comprehensive review by financial advisor Ferrier Hodgson indicates.

New Brazilian mining legislation lifts iron ore royalties 75%, gold 50%, while diamonds, niobium and others unchanged and potassium slashed to 0.2% from 3%

Australian royalty investor Royalco Resources may delist from the ASX amid other cost-cutting measures as it struggles to cope with its reliance uncertain mineral resource interests and a single current income source, a petroleum sector royalty that delivered under $A547,000 in the last year.

China’s largest precious metals conference for knowledge-sharing and partnership opportunities

A terrible old joke in the Australian resources sector is that the scale of any employment downturn can be measured by the number of geoscientists driving taxis. Despite expectations, it appears they may be spending a bit more time behind the wheel.

Sandvik AutoMine loading automation system the key to its $60M mining equipment fleet deal for Falco Resources' Horne 5 gold and copper project in Canada.

Despite not expecting a profit until 2019, Canada’s McEwen Mining is targeting S&P 500 listing in 4-years and profit before that

The resignations of its two senior executives add further complications for African mining specialist Acacia Mining, which is still locked in a stand-off with the Tanzanian government over wild allegations of tax evasion as it tries to make sense of a settlement proposed on its behalf but apparently without its involvement.

Major global metals hedge fund Red Kite has launched legal action against big bank Barclays over the fund’s $850M copper trading losses

Rio Tinto chiefs accused by SEC of hiding negative value of its Mozambique coal acquisition at the expense of investors over fear of damaging their own reputations after Alcan acquisition impairments. By MBM Correspondent


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