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The BHP show obscures Australian mining's deeper problems
In a trenchant piece for Trading Floor Adam Courtenay argues that with all the focus being placed on BHP's spinoff of what it now considers non-core operations, the Australian industry is losing sight of much more fundamental issues: |
Indonesia Ban on Nickel Ore, Bauxite Exports to Stay - Officials
Indonesia has no plans to wind back a seven-month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters, top government officials said. |
Freeport to soon restart exports from Indonesia as gov’t offers tax cuts
After over six-month of heated debate over restrictions on mineral exports imposed by Indonesia in January, the newly elected government is offering mining companies in some tax cuts ton settle the dispute. |
NICKEL ASIA 1H’14 SHIPMENT VOLUME 117% HIGHER IN VALUE
The Company’s four operating mines sold an aggregate 7.73 million wet metric tons (WMT) of nickel ore in the irst half of 2014 as compared to 5.54 million WMT in the same period last year, or an increase of 40%.The ... |
Small miners pay export taxes as big ones aim to skirt
Amid the prolonged battle between the government and big miners over a policy to ban the export of raw mineral ore, two smaller miners have agreed to ship their raw ore overseas despite having to pay hefty export taxes. |
Two proxy firms give boost to activist slate at miner Cliffs
Casablanca Capital LP said two independent proxy advisory firms have recommended shareholders of Cliffs Natural Resources Inc vote in favor of the hedge fund's bid to replace some of the members of the miner's board of directors. |
Indonesia says could offer Newmont mine to Antam if output does not resume
Indonesia's government may offer Newmont Mining Corp's copper contract to state-owned Aneka Tambang (Antam) if the U.S. company does not quickly resume production, a government official said on Thursday. |
Nickel explorer's shares jump on find
Shares in Sirius Resources have shot up by more than 10 per cent after it announced it has found more nickel in Western Australia. |
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