China's MMG, OZ Minerals seen as likely bidders. MELBOURNE, May 10- U.S. private equity firm Carlyle Group has submitted a bid for Anglo-Australian miner Rio Tinto's 80 percent stake in the Northparkes copper mine in Australia, news agency Dow Jones said on Friday, citing a person familiar with the bid.» Read More
The Australian Federal Government is facing one of its biggest fights over its controversial mining tax, after one of the country’s biggest iron ore miners lodged a challenge against the High Court against the legislation.
To find out, Cramer interviewed CEO Jeff Bradley.
Jim Dwyer, Executive Director, Business Council of Mongolia says that the Mongolian government should not pass the draft foreign investment law in haste.
Investors have been spooked in recent weeks by a slowdown in growth in China and the impact that could have on Australia's resources sector. But according to one economist, Australia's commodities sector will continue to do well and could actually benefit from a pick-up in economic growth in Asia in the second half of 2012.
Roger Montgomery, CEO, Montgomery Investment Management discusses his preference for stocks in the industrial sector rather than the resources sector. He predicts a sharp drop in commodity prices such as iron ore. Paul Bloxham, Chief Economist for Australia & NZ, HSBC joins in the conversation.
Alexander Molyneux, President & CEO, SouthGobi Resources, says the company's board has not formed a view about Chalco's takeover of Ivanhoe's stake in SouthGobi. He explains why SouthGobi will benefit from the deal if it happens.
Wayne Philips was not completely surprised when Onesteel announced plans to close its oil and gas pipe mill in Kembla Grange, 100km south of Sydney, the FT reports.
The market for iron ore "remains incredibly positive," Patrick Loftus-Hills, managing director of Metals & Mining, Moelis, told CNBC. "I think the supply-demand fundamentals would suggest that investing in iron ore right now is exactly where you want to be investing."
A California company can pull lithium, and other critical metals, out of the effluent water of geothermal power plants, removing the need to drill or blast for new resources the way miners typically do.
Martin Ferguson, Resources Minister of Australia discusses the merits of Australia's mining tax and why it will not slow down investment.
John Lee, CEO of Prophecy Platinum, explains he's bullish on platinum.
Greg Fraser, senior industrials analyst at Fat Prophets, advises investors to take advantage of dips to buy quality defensive and diversified mining stocks in Australia.
Chinese companies and investors are stepping up their purchases of industrial commodities such as copper, in a show of confidence in the global economy that stands in contrast to the turmoil in western markets. The FT reports.
From physical coins to futures, options, and ETFs -- reporter Bob Pisani breaks down the how and where to invest in gold.
Global miner Rio Tinto's profit missed forecasts in the first half, because of rising costs and adverse currency movements. Chief Executive Tom Albanese discussed the results in a CNBC interview.
The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.
A $230 million refinery being built here in an effort to break China’s global chokehold on rare earth metals is plagued by environmentally hazardous construction and design problems, according to internal memos and current and former engineers on the project.
Commodity prices may have recovered slightly from last week's sharp selloff but the downtrend is likely to stay in place for the next few months, warned analysts.
Molycorp is ready to buy other rare earth mining companies should the opportunity arise, said Chief Executive Mark Smith told CNBC Wednesday.
Rare earth prices are reaching rarefied heights. World prices have doubled in the last four months for rare earths — metallic elements needed for many of the most sophisticated civilian and military technologies, whether smartphones or smart bombs.