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Updated | Macquarie Securities is selling a 19.1 per cent stake in Sandfire Resources at $4.20 a share. Macquarie was selling on behalf of OZ Minerals. → Read More
Whitehaven Coal has bought itself some headroom amid heavily depressed coal prices, confirming a deal with a syndicate of Australian and international banks to refinance $1.4 billion in debt. → Read More
Australia's biggest infrastructure investor, IFM Investors, says it is keen to purchase pipeline assets that struggling oil and gas players may be forced to offload amid a collapse in oil prices. → Read More
Glencore chief Ivan Glasenberg is slashing Australian coal production because “we don’t want to be the ones forcing the price down with oversupply” in a thinly veiled attack on Rio Tinto. → Read More
Updated | Glencore is slashing its Australian coal production by about 15 per cent, hot on the heels of running a blanket shutdown across its operations at Christmas, aiming to “match current market demand”. → Read More
Rio Tinto is poised to cut several hundred jobs from its iron ore division in Western Australia, weeks after iron ore boss Andrew Harding sent a memo to staff warning of a "degree of urgency". → Read More
Rio Tinto boss Sam Walsh says investors are not taking Glencore’s ambitious advances on a merger with the iron ore giant seriously because anti-trust authorities are “simply not going to let it happen”. → Read More
Updated | BHP Billiton is cutting capital spending by $US4 billion over the next 18 months as the mining giant beat analyst expectations to record a 31 per cent fall in underlying earnings. → Read More
Merger and acquisition activity in Australia's mining sector has sunk to a 10-year low, amid a global drop off in mining deals, according to a report from Ernst & Young. → Read More
The relentless expansion drive by the iron ore majors will help force as much as 165 million tonnes of high-cost ore out of the market this year, with China's miners set to be the hardest hit. → Read More
Rio Tinto will run a $US2 billion share buyback and lift its progressive dividend by 12 per cent, in a move likely to appease shareholders awaiting a long-promised material increase in cash returns. → Read More
Glencore will slash capital spending for this year by up to $US1.4 billion as commodity prices bite, and revealed plans to exit troubled platinum producer Lonmin through a spinoff to shareholders. → Read More
Rio Tinto diamonds and minerals chief Alan Davies says the undeveloped Simandou iron ore project in Guinea can be built for considerably less than its $US20 billion price tag. → Read More
US-based fund management behemoth The Capital Group has emerged with a 5 per cent stake in struggling iron ore miner Fortescue Metals Group. → Read More
Queensland's struggling coal miners are on alert after the shock defeat of Campbell Newman's government, with some operations facing certain shutdown if hostile policies are introduced by the Labor party. → Read More
Updated | Australia’s biggest gold miner, Newcrest Mining, has increased full-year production guidance as the falling local dollar delivers some much-needed breathing room on its huge pile of debt. → Read More
Another ugly dip in the price of iron ore will not tempt Australia’s fund managers back into the sector, with investors saying conditions are still too poor even for bargain hunting. → Read More
Glencore chief executive Ivan Glasenberg’s hopes of orchestrating a merger with Rio Tinto could fade further if the trading giant’s debt is cut to junk status, according to JPMorgan. → Read More
Australian institutions are piling back into to local gold miners after a prolonged stretch of being “naked gold”, as the domestic industry gets a much-needed boost from the falling Australian dollar and oil price collapse. → Read More
Could BHP’s $US15 billion spin-off South32 make for an easier bite than Rio Tinto for Glencore’s Ivan Glasenberg? That’s the theory of one London analyst. → Read More