Australia, NZ & South Pacific

James Kindon, ENRC group compliance officer.

Mining industry revisits anti-corruption procedures

Mining companies should take note of Canada’s stricter penalties and more aggressive enforcement of anti-corruption laws and make sure their anti-bribery compliance procedures are up to speed, lawyers, forensic accountants and mining…


Paladin Energy's 75%-owned Langer Heinrich uranium mine in western Nambia's Namib desert. Credit: Paladin Energy

Paladin gets PE from Asia

Like most uranium companies last year, Paladin Energy (TSX: PDN; ASX: PDN) struggled with tough markets and low commodity prices.


A stockpile at BHP Billiton's Illawarra metallurgical coal-mining complex in New South Wales, Australia. Illawarra will be part of the South32 spinoff. Credit: BHP Billiton

BHP spinoff South32 to launch in mid-2015

BHP Billiton’s (LSE: BLT) spinoff company will be named South32, a nod to the location of its assets  in the southern hemisphere and a more cryptic salute to the location of its main offices in Australia and South Africa.



A surveyor measures a coal stockpile at Anglo American's Greenside thermal coal mine in South Africa. Credit: Anglo American

Miners struggle to adapt to lower coal prices

Thermal coal prices recently touched a five-and-a-half-year low of US$62.25 per tonne, and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.



TSX stays strong, Nov. 17-21

The S&P/TSX Composite Index gained for the sixth straight week, moving up 286.03 points to 15,111.13. The S&P/TSX Global Gold Index added 5.67 points to 153.41, while the S&P/TSX Capped Diversified Metals & Mining Index climbed…



Commentary: Australia, its economy and mining

You can expect a salary of A$150,000 or more as a truck driver at a remote iron ore project in Australia. The country has been one of the biggest beneficiaries of the economic boom in China, having grown continuously for more than two decades….





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