latest news

    
Mining giant BHP Billiton is shedding hundreds of jobs at its Olympic Dam mine in South Australia.
Fortescue Metals Group is operating a "very healthy" margin of between $8 per tonne and $10 per tonne in the current market, with the company dismissing suggestions it is considering closing mines in response to falling prices.
The designer of a crane that collapsed on a WA minesite, damaging a building but narrowly missing workers, has been fined $16,000 in a Perth court.
Ratings agencies have cut Atlas Iron's credit rating for the second time in three months, saying the iron ore producer will have to tap its cash reserves to keep operating in a low-price environment.

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