Australian mining magnate Clive Palmer has savaged FIRB suggestions of capping foreign investment in mining companies.
FIRB has suggested plans to limit foreign investment in Australian mining companies to 15%.
Two long serving members of the Australian mining industry were recognised today at the Excellence in Mining and Exploration conference in Sydney.
Some mining companies could be at risk of fines of up to $200,000 ahead of a greenhouse gas reporting deadline.
Mining companies are among the worst performers in an assessment of the corporate governance standards of Australian listed companies.
Despite the world's largest mining companies seeing their combined net profits plunge US$9 billion in 2008, the mining boom is not over, according to PricewaterhouseCoopers.
Increasing levels of Chinese investment will not see operational change for Australian mining companies, Deloitte managing partner Keith Jones told MINING DAILY.
The Construction, Forestry, Mining and Energy Union (CFMEU) is concerned large mining companies are using the economic crisis as an excuse to cut jobs.
The market capitalisation of Western Australia's biggest mining companies has dropped to a 41 month low, a Deloitte report found.
The global slowdown has forced all mining companies to freeze recruitment until the full force of the crisis can be understood.