latest news

Rio Tinto Chairman Jan du Plessis has ended speculation about Sam Walsh's future at the global mining giant, handing Mr Walsh an open-ended contract as Rio's Chief Executive.
Northern Star Resources has consolidated its position as one of WA's leading gold miners, reporting a "normalised" free cash flow of $50 million for the three months to September.
The damage wreaked by the falling iron ore price on Atlas Iron's margins has been laid bare, with the company declaring thin operating margins despite slashing operational costs and capital spending.
MACA has entered a partnership with Beadell Resources at a Brazilian gold project that will see the contractor buy the mine's equipment for $40 million.

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Should Australia's present and future iron ore miners feel threatened by recent price volatility surrounding the steel-making commodity?

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