Gina Rinehart looks set to make her first significant strategic move on the back of her acquisition of Atlas Iron by pushing the button on the development of a stalled iron ore project near Marble Bar.

Magnum Mining and Exploration is hoping trial mining at its Gravelotte emerald project in South Africa will give it the grade data and economic confidence to push the button on a commercial project producing up to three million carats of the precious gems a year.

BHP has identified two of its tailings dams in WA as having “very high” or “extreme” consequences if they were to fail.

Shares in beaten-up fledgling gold producer Dacian Gold resumed their fall yesterday as institutions continued to dump the stock amid a raft of broker downgrades.

Mining services provider Ausdrill has flagged a writedown of up to $95 million in its annual results.

Rio Tinto has released more encouraging drilling results from its Winu copper discovery in the East Pilbara but says it is still too early to assess the potential size or quality of the mineralisation.

Spooked investors took baseball bats to Dacian Gold yesterday after the fledgling miner cut its June quarter production guidance for the second time in three months, citing continuing problems at its flagship Mt Morgans operation near Laverton.

The long-term future of Australia’s resources industry involves more exports to India and, if the world is to meet its climate goals, less thermal coal, according to the Reserve Bank.

Businessman Tim Roberts has resigned from the board of Mineral Resources, less than a month after splashing out $19 million buying shares in the Chris Ellison-led miner and processor.

When you’ve already dropped a bundle, there’s little solace to be found in the prospect of a low-ball buyout.

Shares in Dacian Gold have lost more than half their value after the company was forced to drastically downgrade its June quarter production guidance for the second time in three months.