UQ receives $1.2m for resources sector projects (0) January 31, 2017 Three research projects from the University of Queensland (UQ) have received $1.2 million in grants to develop solutions for the resources industry.
Fortescue iron ore shipments fall slightly (0) January 31, 2017 Australian iron ore miner Fortescue Metals Group has reported a minor drop in shipments for the December 2016 quarter.
Smart mining market set to boom (0) January 31, 2017 The smart mining market is on track for substantial growth in the coming years, a new report by Transparency Market Research has found.
Newcrest remains on target despite decline in output (0) January 30, 2017 Newcrest Mining has reported a slight drop in gold production during the December quarter after selling a mine and lowering output at one of its key mines.
Aggreko acquires US heating and cooling company (0) January 30, 2017 Temporary power generation company Aggreko has acquired US-based TuCo Industrial Products, a temporary heat and air conditioning equipment provider for the construction, industrial and commercial industries.
Australian uranium industry plays a role in global production growth (0) January 30, 2017 Australia’s Four Mile uranium mine in South Australia, previously a joint venture between Quasar Resources and Alliance Resources, is playing a part in a global lift in production of the ...
Woodside, Rio trial LNG-fuelled bulk carriers (0) January 30, 2017 Woodside Energy, together with Rio Tinto and BHP, are taking part in a joint study to assess the viability of using LNG-fuelled iron ore bulk carriers.
Oz Minerals increases focus on copper expansion (0) January 30, 2017 Oz Minerals has lifted its copper production target for the next two years as the company’s focus continues to shift towards the base metal ahead of gold.
Brockman Mining wins port access for Project Maverick (0) January 27, 2017 Brockman Mining has signed a deal to use the Utah Point Bulk Handling Facility at Port Hedland, Western Australia for its Project Maverick iron ore resource.
BHP releases online shipping platform (0) January 27, 2017 BHP Billiton has released an online auctioning platform for shippers to offer the best haulage price for commodities such as iron ore to its customers.
Exploration project aims to keep gas in Australia (0) January 27, 2017 The Queensland Government has released land for gas exploration in the Surat Basin, under strict conditions that the gas produced is sold in Australia.
Atlas Copco introduces new automation software (0) January 27, 2017 Atlas Copco has launched the Dynamic tunnelling package, new automation software which it says improves accuracy of the excavation as drill plans are always fitted for the current section.
Roy Hill partners with IT provider Ajilon (0) January 26, 2017 Roy Hill has partnered with IT consulting and services provider Ajilon to boost its business analytics processes.
AMMA chief recognised for industry contribution on Australia Day (0) January 26, 2017 Australian Mines and Metals Association chief executive Steve Knott has been appointed a Member in the General Division of the Order of Australia (AM) as part of today’s Australia Day ...
Sandfire to repay DeGrussa debt ahead of schedule (0) January 25, 2017 Sandfire Resources will use a strong cash position to repay the remaining debt it owes for a $380 million facility it secured for development of the DeGrussa copper-gold project in ...
BHP Billiton delivers record iron ore output as prices surge (0) January 25, 2017 BHP Billiton is making the most of higher iron ore prices, lifting output at its Pilbara mines in Western Australia to a record during the December 2016 half year.
BHP, Vale in fresh Samarco legal battle (0) January 24, 2017 A Brazilian bank has filed a class action suit against BHP Billiton and joint venture partner Vale, over $2.2 billion notes used to fund the failed Samarco project.
CIMIC unveils takeover offer for Macmahon (0) January 24, 2017 Leading mining contractor CIMIC Group has launched an unconditional takeover bid for Perth-based mining services company, Macmahon Holdings.
Curtin Uni revamps accommodation to attract mining students (0) January 24, 2017 Curtin University, in collaboration with the WA Government, has opened a newly refurbished student accommodation facility in Kalgoorlie to bring more mining students to the region.
Gruyere gold project receives environmental approval (0) January 24, 2017 The Gruyere gold project joint venture between Australia’s Gold Road Resources and South Africa’s Gold Fields has received its environmental approval from the Western Australian Government.
WPG trucks first ore from Tarcoola (0) January 24, 2017 WPG Resources has trucked first ore from the Tarcoola gold mine in South Australia to the Challenger processing plant for treatment.
Balla Balla iron ore project moves to next stage with state agreement (0) January 24, 2017 The Western Australian Government has confirmed that a state agreement has been signed with Balla Balla Infrastructure Group to develop a $5.6 billion integrated iron ore project in the Pilbara ...
Schlumberger holds strong in 2016 results (0) January 23, 2017 Oil and gas services provider Schlumberger has recorded an increase in revenue in the fourth quarter of 2016 upon release of its full year results.
OceanaGold pours first gold at US mine (0) January 23, 2017 Dual-listed OceanaGold Corp has poured first gold from the Haile mine in South Carolina, United States.
Ardea to list on the ASX next month (0) January 23, 2017 Heron Resources spin-off, Ardea Resources, will list on the Australian Securities Exchange (ASX) in February by raising up to $6 million from an initial public offering (IPO).
New Hope for coal mine expansion after federal breakthrough (0) January 23, 2017 New Hope Group has finally received federal approval for the $900 million expansion of its New Acland coal mine in Queensland, a decade after first proposing the growth project.
BHP, Vale negotiate Samarco clean up costs (0) January 20, 2017 Vale, BHP Billiton Brazil and Samarco have entered a preliminary agreement with Brazil’s Federal Prosecutors’ Office over remediation fees following the Samarco tailings dam failure.
Mining moves: Doray Minerals appoints new managing director, and more (0) January 20, 2017 Australian Mining brings readers the latest corporate appointments and departures in the local and international mining industry, including the appointment of a managing director at Doray Minerals and Fortescue’s new ...
Rio Tinto’s latest Amrun contract to create 150 jobs in Queensland (0) January 20, 2017 Rio Tinto has awarded a $70 million bulk earthworks contract to civil engineering firm QBirt for the development of mine infrastructure at the Amrun bauxite project in northern Queensland.
Samarco restart ‘probable’ in March (0) January 19, 2017 Brazil’s mines and energy minister Fernando Coelho Filho has suggested a restart of production at Samarco is likely in March.
EnerMech acquires electrical supplier EPS Group (0) January 19, 2017 Engineering company EnerMech has acquired oil and gas electrical services supplier EPS Group in Australia and the Americas.
Caterpillar to expand range of autonomous trucks (0) January 19, 2017 Caterpillar has launched a project that will see the mining equipment manufacturer move further into autonomous technology.
Struggling uranium market pushes ERA to another impairment (0) January 18, 2017 Rio Tinto subsidiary Energy Resources of Australia (ERA) is anticipating it will report a $231 million impairment for 2016 as lower uranium prices continue to impact the company.
Swift Networks to keep Ichthys entertained (0) January 18, 2017 Communications company Swift Networks has won a contract to supply a broad suite of services, including entertainment content, connectivity and related support to the INPEX-operated Ichthys liquefied natural gas (LNG) ...
RCR Tomlinson secures EPC contract at Pilbara lithium project (0) January 18, 2017 Lithium developer Pilbara Minerals has awarded an engineering, procurement and construction (EPC) contract at the Pilgangoora project in Western Australia to RCR Tomlinson.
Hexagon Mining snaps up Perth-based tech company MiPlan (0) January 18, 2017 Hexagon Mining has acquired Perth-based technology company MiPlan, a developer of mobile software applications for field data collection, fleet management, production management and reporting.
Atlas Copco plans to spin-off mining division (0) January 18, 2017 Swedish equipment manufacturer Atlas Copco is planning to split into two companies next year, with its mining and construction tools division shaping as the basis of a new entity.
Australian LNG developments trigger export growth: EnergyQuest (0) January 17, 2017 Australia’s liquefied natural gas (LNG) exports surged in 2016 as a plethora of new projects in Western Australia, the Northern Territory and Queensland triggered a flood of new shipments to ...
Fortescue locks in Gaines as new CFO (0) January 17, 2017 Fortescue Metals Group has appointed one of its directors, Elizabeth Gaines, to the role of chief financial officer.
WA-based Kalamazoo Resources lists on the ASX (0) January 17, 2017 Western Australia gold and copper explorer Kalamazoo Resources has listed on the Australian Stock Exchange (ASX) after successfully raising $5 million in capital.
Endeavour, Acacia Mining in talks over possible merger (0) January 17, 2017 Gold companies Endeavour Mining and Acacia Mining are discussing a possible merger that could make one of the largest precious metal companies in Africa.
Latest drill rig might be the most efficient yet: Atlas Copco (0) January 16, 2017 Mining equipment manufacturer Atlas Copco believes the new SmartROC CL might be the most efficient surface drill rig it has ever built, providing Australian mining companies with potential to lower ...
Ozcon heads into voluntary liquidation (0) January 16, 2017 Industrial supply company OZCON Industries has been placed in voluntary liquidation after letting go of 92 workers last week.
Rio Tinto abandons Mexican tie-up with Azure (0) January 16, 2017 Rio Tinto subsidiary, Kennecott Exploration, has walked away from a potential joint venture with Azure Minerals at the Promontorio copper-gold project in Mexico.
SEW Eurodrive to deliver advanced load testing capability to Queensland (0) January 13, 2017 SEW-EURODRIVE’s new service centre in Mackay will include an advanced load testing facility for gearboxes and complete drive assemblies that will provide breakthrough capability to the mining industry in Queensland.
Intermin secures gold prospects in WA’s Goldfields (0) January 12, 2017 Gold explorer Intermin Resources has acquired the Kanowna North project and a new exploration prospect at the Yarmony project in the Goldfields region of Western Australia.
Danakali awards Colluli potash contract to Fluor (0) January 12, 2017 Australian developer Danakali has awarded Fluor with a front-end engineering, design and optimisation (FEED) contract at the Colluli potash project in Eritrea, East Africa.
Dacian Gold launches construction at Mt Morgans (0) January 12, 2017 Construction has started at Dacian Gold’s Mt Morgans project in Western Australia following the receipt of several WA Government approvals.
Iron ore sails past $US80 yet again (0) January 11, 2017 The iron ore price has jumped above $US80 once again amid a subtle start from China’s smaller mining players.
Australia to lead Asian growth in LNG production (0) January 11, 2017 Led by increased liquefied natural gas (LNG) production capacity in Australia, Platts Analytics has forecast a 16 per cent rise in Asian output in 2017.
Schlumberger expands offering with Peak Well Systems acquisition (0) January 10, 2017 Schlumberger has acquired Peak Well Systems, a Perth-based company focussed on the design and development of downhole tools for flow control, well intervention and well integrity.
Gascoyne Resources purchases Dalgaranga gold project (0) January 10, 2017 Gascoyne Resources has completed the purchase of the Dalgaranga gold project in Western Australia, moving to 100 per cent ownership of the operations.
WA company acquires Congolese gold project (0) January 10, 2017 Western Australia based company Vector Resources has completed the acquisition of the Maniema gold project in the Democratic Republic of Congo (DRC).
Port Hedland stamps monthly delivery record (0) January 9, 2017 Port Hedland has set a new monthly throughput record, delivering 44.5 million tonnes in December 2016, a 17 per cent increase from the same month last year.
Estrella Resources acquires Mt Edwards Lithium (0) January 6, 2017 Estrella Resources has completed the acquisition of Mt Edwards Lithium after a shareholders meeting on December 28 2016.
DMP grants mining lease for WA gold project (0) January 6, 2017 The Western Australian Department of Mines and Petroleum (DMP) has granted Echo Resources a mining lease for the Julius gold project.
Merlin Diamonds unearths Australia’s fifth largest diamond (0) January 6, 2017 Merlin Diamonds has discovered a 35.26 carat brown diamond at the Merlin diamond mine in the Northern Territory, the fifth largest diamond unearthed in Australia.
Emerson launches reservoir modelling software (0) January 5, 2017 Emerson Automation Solutions has unveiled the Roxar API (Application Programming Interface), an extensibility solution for reservoir modelling that complements its Roxar RMS software.
Oxair wins services contract for Prelude LNG facility (0) January 5, 2017 Perth-based company Oxair Gas Systems has secured a contract to maintain the nitrogen generator plant on-board Shell’s Prelude floating liquefied natural gas (FLNG) facility.
WA’s largest gas storage facility to be built (0) January 3, 2017 Duet Group subsidiary DBP Development Group (DDG) is constructin what the company calls the largest gas storage facility in Western Australia.
Driving Efficiency in 2017 (0) January 1, 2017 While electricity deregulation was supposed to increase market competition and provide economic benefits to the mining and process industries, thanks to the increase in coal and gas prices along with ...
Alcoa inks major bauxite export deal (0) December 29, 2016 Alcoa World Alumina and Chemicals has secured a contract to supply around 400,000 bone dry metric tonnes of bauxite from its Huntly mine in Western Australia.
Female engineering graduates on the rise at UQ (0) December 27, 2016 A record number of women have graduated from engineering at the University of Queensland, well above the national average.
Wipro wins Woodside IT contract (0) December 22, 2016 Global information technology business Wipro has been awarded a three-year IT infrastructure services and digital transformation contract at oil and gas company Woodside.
Metalicity acquires Fortescue’s WA lithium tenements (0) December 21, 2016 Metalicity has entered an agreement to acquire Fortescue’s (FMG) lithium exploration portfolio in Western Australia’s Pilbara region, including the Lynas Find North lithium project.
RPM acquires rights to Fewzion software platform (0) December 21, 2016 RungePincockMinarco (RPM) has agreed to acquire a copy of the source code and intellectual property right of Fewzion’s short interval control (SIC) and work management software product.
Samarco to use Vale’s tailings pit upon possible restart (0) December 21, 2016 Iron ore miner Samarco and joint venture owners BHP Billiton and Vale have entered a non-binding agreement allowing Samarco to use Vale’s Timbopeba tailings pit if it restarts operations.
More gas exploration on the way in Queensland (0) December 21, 2016 Australian companies Bridgeport Energy and Metgasco have accepted Queensland Government offers to explore for petroleum and gas in the Cooper Basin.
Santos offloads Mereenie stake to Macquarie (0) December 21, 2016 Australian oil and gas company Santos will sell a 50 per cent interest in the Mereenie oil and gas field in the Northern Territory to Macquarie Group, which will join ...
Fortescue credit rating improves with S&P upgrade (0) December 20, 2016 Fortescue Metal Group’s credit rating has been upgraded by S&P Global Ratings in a sign that the company’s productivity and efficiency initiatives are working.
ACCC shuns Virgin Australia FIFO partnership with Alliance Aviation (0) December 20, 2016 The Australian Competition and Consumer Commission (ACCC) has opposed a strategic partnership between Virgin Australia and Alliance Aviation Services as it would mean two operators would dominate fly-in, fly-out (FIFO) ...
Hitachi Construction unveils $60 million facility in Perth (0) December 20, 2016 Hitachi Construction Machinery Australia (HCA) has opened a $60 million facility at its Western Australia/Northern Territory headquarters at the Forrestdale Business Park in Perth.
Rio Tinto awards iron ore contract to Decmil (0) December 20, 2016 Perth-based mining contractor Decmil has secured a new contract at Rio Tinto’s iron ore operations in the Pilbara region of Western Australia.
Riva locks in exploration deal at Paroo Station (0) December 19, 2016 Riva Resources has secured an exploration agreement with Rosslyn Hill Mining that gives it the opportunity to take a 75 per cent share in the cobalt, gold and copper rights ...
WA environment minister approves Mulga Rock uranium project (0) December 19, 2016 Vimy Resources’ Mulga Rock uranium project has been approved by Western Australian environment minister Albert Jacob, the state’s final primary approval for the project.
Poor health forces WPG Resources MD to resign (0) December 19, 2016 WPG Resources managing director and chief executive officer Martin Jacobsen has resigned from the company because of poor health.
MACA expands mining business with acquisition (0) December 19, 2016 Contractor MACA has acquired a majority stake in privately-owned Interquip, a provider of mineral processing solution predominantly in Western Australia and the Northern Territory.
Kingsgate to axe workers at Chatree gold mine (0) December 16, 2016 Kingsgate’s Chatree gold mine in Thailand will cease operations from January 1 2017, despite the new mineral bill allowing legal operation of mines in the country.
Fortescue to lower debt by another US$1 billion (0) December 16, 2016 Fortescue Metals Group continues to reduce its debt with the company saying a further US$1 billion ($1.36 billion) will be repaid next week.
High efficiency jaw crusher released (0) December 16, 2016 Superior Industries has released the Liberty Jaw Crusher, which compresses material in stone, concrete, asphalt and ore applications.
Santos secures first part of $1.5 billion capital raising (0) December 16, 2016 Australian oil and gas company Santos has raised more than $1 billion through a share placement to institutional investors in the first part of a $1.5 billion capital raising it ...
Merlin Diamonds finds rare blue diamond (0) December 16, 2016 Merlin Diamonds has recovered a rare blue diamond from its Merlin diamond operation in the Northern Territory.
Queensland Govt to support Sibelco sand mine workers (0) December 15, 2016 The Queensland Government is providing up to $5 million to support North Stradbroke Island Sibelco workers affected by the phase out of sand mining.
JKC confirms Darwin LNG redundancies (0) December 15, 2016 JKC Australia LNG has confirmed there will be approximately 145 worker redundancies at the Ichthys project in Darwin.
Atlas Iron appoints new managing director (0) December 15, 2016 Experienced resources executive Cliff Lawrenson will take over as managing director and chief executive officer of Atlas Iron in February 2017.
BHP working towards 2017 restart at Samarco (0) December 15, 2016 BHP Billiton says a restart to production at the Samarco iron ore joint venture with Vale in Brazil is possible next year, but only if several hurdles are overcome first.
WPG officially opens Tarcoola gold mine (0) December 14, 2016 WPG Resources’ Tarcoola gold mine in South Australia officially opened yesterday, one of the state’s newest mines.
Letting It Out Right (0) December 14, 2016 Australian Environment minister Greg Hunt recently told the UN that Australia is 78 million tonnes ahead of its 2020 emissions reduction target which is a dramatic increase on the initial ...
TNG to develop Vanadium Redox Flow Battery market (0) December 13, 2016 Metals company TNG has partnered with Sumitomo and Energy Made Clean to develop and grow Australia’s Vanadium Redox Flow Battery market.
Derelict mines summit shines spotlight on rehabilitation (0) December 13, 2016 The first international summit on derelict mines – Dealing with Derelict Mines – was held in Singleton NSW last week, with delegates exploring the best practice for rehabilitation.
Global coal demand to fall over next five years: IEA (0) December 13, 2016 Global appetite for coal is waning as alternative energy sources continue to chip away at its dominance, according to the International Energy Agency (IEA).
Rio Tinto awards Amrun contracts to Civmec (0) December 13, 2016 Development of Rio Tinto’s $2.6 billion Amrun bauxite project in North Queensland continues to gather pace following the award of $160 million of contracts to construction company Civmec.
Paringa raises funds for US coal prospect (0) December 12, 2016 Paringa Resources will raise $8 million on the ASX to fund development of the Poplar Grove coal project in the United States.
Canadian lithium developer MetalsTech to float on the ASX (0) December 12, 2016 MetalsTech has launched its initial public offering (IPO) on the ASX, with shareholders of strategic partner Lithium Australia having priority to participate.
The Driving Forces Behind Rising Contract Prices (0) December 12, 2016 Has your business been ‘shopping around’ for a new electricity contract? Is your current retailer trying to re-sign you for another three years at higher rates than what you’ve been ...
Victorian Government sued over fracking ban (0) December 9, 2016 Lakes Oil is suing the Victorian Government for $2.7 billion in damages following the state’s ban on gas exploration.
Iron ore jumps past $US80 (0) December 9, 2016 Iron ore has continued to have a stellar week, settling at $US81.90 a tonne overnight, according to the Steel Index.
BHP Billiton locks in technology partnership with Hatch (0) December 9, 2016 BHP Billiton and technology company Hatch have entered into a collaborative development partnership, which will aim to accelerate the development and deployment of technological advances in mining and mineral processing.
Traditional owners to launch more legal action against Adani (0) December 8, 2016 The Wangan and Jagalingou (W&J) traditional owners plan to conduct more legal action against Adani’s Carmichael coal mine, with claims it disregards their native title rights.
Fatal incident at Las Bambas (0) December 8, 2016 A contractor has died at MMG’s majority-owned Las Bambas copper mine in Peru.
Schaeffler honoured at Bulk Handling Awards (0) December 7, 2016 Schaeffler received a highly commended award at the 2016 Bulk Handling Awards ceremony for two of its maintenance solutions.
Roy Hill to boost workforce by up to 600 (0) December 7, 2016 Roy Hill plans to employ up to 600 workers over the next year and a half as it increases production at its Pilbara operations.
Adani commits to local workforce for Carmichael project (0) December 7, 2016 Adani will focus on sourcing employees for its Carmichael coal project workforce from regional Queensland and will not use foreign workers on 457 visas.
Origin to divest assets into new oil and gas business (0) December 6, 2016 Origin Energy has announced plans to divest its upstream business assets in an effort to reduce debt and focus on its energy markets and gas business.
BHP secures Gulf of Mexico deal with Pemex (0) December 6, 2016 BHP Billiton has won a bid to acquire a majority share in the deep-water Trion oil field project in the Gulf of Mexico.
Minbos to acquire Angolan phosphate partner (0) December 6, 2016 Phosphate developer Minbos Resources has agreed to buy its Angolan joint venture partner, Petril Phosphate, in a deal worth $20 million.
Greenfields exploration rises in Australia (0) December 6, 2016 The latest figures from the Australian Bureau of Statistics (ABS) show that greenfields exploration activity has increased over the past six months.
Gold price volatility impacts Dacian Gold funding plans (0) December 5, 2016 Dacian Gold has completed a $26 million share placement that it will use to fund the ongoing development and exploration of the Mount Morgans gold project in Western Australia.
Miners memorial monument to be built in Ipswich (0) December 5, 2016 A new Miners Memorial Monument will be built in Ipswich, Queensland to commemorate the sacrifice and contribution of miners in the state.
Toro Energy managing director moves on (0) December 5, 2016 Toro Energy’s Vanessa Guthrie has left the company after five years, including nearly four as managing director and chief executive officer.
Red River on track for Thalanga restart in 2017 (0) December 5, 2016 The Melbourne-based company has secured a $30 million share placement to fund the restart of production at the Thalanga zinc mine in Queensland.
Mining Industry Challenges Put Business Solutions In The Box Seat (0) December 3, 2016 Achieving or exceeding KPIs while streamlining existing purposes is pivotal for Australian miners, especially since the mining sector has moved on from the build stage and into process optimisation.
In fact, ...
Genesee & Wyoming Australia finalise GRail acquisition (0) December 2, 2016 Genesee & Wyoming Australia (GWA) has completed its $1.14 billion acquisition of Glencore Rail (GRail) in the New South Wales Hunter Valley.
Whirlwind week for iron ore prices (0) December 2, 2016 Iron ore prices have been tumultuous this week; soaring past $80 then slumping, before rising once more.
Rio Tinto faces probe into Mozambique operations (0) December 2, 2016 Rio Tinto has confirmed reports that it is under investigation by the US Securities Exchange Committee (SEC) over an impairment in its 2012 accounts in Mozambique.
BP commits to Mad Dog project as BHP considers decision (0) December 2, 2016 BP is moving forward with the US-based Mad Dog oil project, which includes BHP Billiton as a key partner, at a considerably lower development cost.
Iluka ends Brazilian joint venture with Vale (0) December 2, 2016 Mineral sands miner Iluka Resources has abandoned plans to develop the Tapira titanium project with Vale in Brazil.
Komatsu enters freight forwarding deal (0) December 1, 2016 Komatsu Australia has signed a three-year freight forwarding contract with DB Schenker to import equipment into Australia from Germany, Belgium, Indonesia, Norway, and the US.
WA Government adds funding for 42 exploration projects (0) December 1, 2016 A further $4.75 million in funding has been committed to the Western Australian Government’s exploration incentive scheme’s (EIS) co-funded drilling program.
MICROMINE celebrates 30 years of Intuitive Mining Solutions (0) December 1, 2016 This year MICROMINE celebrates its 30th Anniversary. Since its beginning in 1986, MICROMINE’s mission has been to provide high quality products and services that create value for exploration and mining ...
Oil prices soar on OPEC plan to lower production (0) December 1, 2016 Global oil prices surged significantly overnight after OPEC took the surprising move to cut production from January next year.
APPEA backs ‘timely’ petroleum tax review (0) November 30, 2016 The industry body has expressed support for the Australian Government’s decision to review the petroleum tax system in the country.
Traprock Mining taps market ahead of listing (0) November 30, 2016 The Brisbane-based company has launched a $6.5 million initial public offering (IPO) as it prepares to list on the ASX.
BHP Billiton and Vale iron out Samarco dispute (0) November 30, 2016 Vale, with joint venture partner BHP Billiton, expects to reveal when the Samarco iron ore mine in Brazil will restart in December.
Kingston Resources considers WA gold mine acquisition (0) November 29, 2016 Kingston Resources has secured an agreement that could see it acquire a 75 per cent interest in Trillbar Resources’ Livingston gold project in Western Australia.
Iron ore sails through $US80 (0) November 29, 2016 The iron ore price has topped $US80 a tonne for the first time in more than two years.
Doubt builds over Iluka deal with Sierra Rutile (0) November 29, 2016 Iluka Resources has delayed its proposed takeover of Sierra Rutile after identifying geotechnical issues with the West African company’s tailings dams.
Doray Minerals managing director quits (0) November 25, 2016 Doray Minerals’ founder and managing director Allan Kelly has resigned from the company after seven-and-a-half years.
Nifty Copper fined over rock fall death (0) November 25, 2016 Nifty Copper, a subsidiary of Aditya Birla Minerals, has been fined $60,000 following the death of an underground worker at the Nifty Copper mine last year.
Australia leads growth in global mining deals: EY (0) November 25, 2016 The number of mining deals in Australia is rising, according to Ernst & Young’s (EY) third quarter global mining and metals M&A activity report.
Could commodities suffer from the Trump effect? (0) November 24, 2016 Trump heading closer to presidency has seen a rally in metal and oil prices, further strengthened by the strong US dollar.
Cairn Hill revival to create employment in Coober Pedy (0) November 24, 2016 Cu-River Mining’s new mining and processing operation at Cairn Hill near Coober Pedy in South Australia is set to create 60 jobs in the region.
Three research projects from the University of Queensland (UQ) have received $1.2 million in grants to develop solutions for the resources industry.
Australian iron ore miner Fortescue Metals Group has reported a minor drop in shipments for the December 2016 quarter.
The smart mining market is on track for substantial growth in the coming years, a new report by Transparency Market Research has found.
Newcrest Mining has reported a slight drop in gold production during the December quarter after selling a mine and lowering output at one of its key mines.
Temporary power generation company Aggreko has acquired US-based TuCo Industrial Products, a temporary heat and air conditioning equipment provider for the construction, industrial and commercial industries.
Australia’s Four Mile uranium mine in South Australia, previously a joint venture between Quasar Resources and Alliance Resources, is playing a part in a global lift in production of the ...
Woodside Energy, together with Rio Tinto and BHP, are taking part in a joint study to assess the viability of using LNG-fuelled iron ore bulk carriers.
Oz Minerals has lifted its copper production target for the next two years as the company’s focus continues to shift towards the base metal ahead of gold.
Don Harwin has been appointed New South Wales energy and resources minister following a state government cabinet reshuffle yesterday.
Brockman Mining has signed a deal to use the Utah Point Bulk Handling Facility at Port Hedland, Western Australia for its Project Maverick iron ore resource.
BHP Billiton has released an online auctioning platform for shippers to offer the best haulage price for commodities such as iron ore to its customers.
Australian Mining brings readers the latest corporate appointments and departures in the local and international mining industry.
The Queensland Government has released land for gas exploration in the Surat Basin, under strict conditions that the gas produced is sold in Australia.
Mining contractor Macmahon Holdings has dismissed a takeover bid made for the company by CIMIC Group because “it does not represent fair value”.
Atlas Copco has launched the Dynamic tunnelling package, new automation software which it says improves accuracy of the excavation as drill plans are always fitted for the current section.
Roy Hill has partnered with IT consulting and services provider Ajilon to boost its business analytics processes.
Australian Mines and Metals Association chief executive Steve Knott has been appointed a Member in the General Division of the Order of Australia (AM) as part of today’s Australia Day ...
The Australian Geoscience Data Cube has won the 2016 Content Platform of the Year category at this year’s Geospatial World Leadership Awards.
Sandfire Resources will use a strong cash position to repay the remaining debt it owes for a $380 million facility it secured for development of the DeGrussa copper-gold project in ...
Gulf Industrials has entered a joint venture agreement with Cassius Mining for the Bolgatanga gold exploration project in Ghana.
Tychean Resources has agreed to buy a 74 per cent stake in South African-based diamond company, Blom Diamonds.
BHP Billiton is making the most of higher iron ore prices, lifting output at its Pilbara mines in Western Australia to a record during the December 2016 half year.
Rio Tinto plans to sell subsidiary Coal & Allied Industries to China’s Yancoal for up to $US2.45 billion ($3.23 billion).
A Brazilian bank has filed a class action suit against BHP Billiton and joint venture partner Vale, over $2.2 billion notes used to fund the failed Samarco project.
Leading mining contractor CIMIC Group has launched an unconditional takeover bid for Perth-based mining services company, Macmahon Holdings.
Curtin University, in collaboration with the WA Government, has opened a newly refurbished student accommodation facility in Kalgoorlie to bring more mining students to the region.
The Gruyere gold project joint venture between Australia’s Gold Road Resources and South Africa’s Gold Fields has received its environmental approval from the Western Australian Government.
WPG Resources has trucked first ore from the Tarcoola gold mine in South Australia to the Challenger processing plant for treatment.
The Western Australian Government has confirmed that a state agreement has been signed with Balla Balla Infrastructure Group to develop a $5.6 billion integrated iron ore project in the Pilbara ...
Oil and gas services provider Schlumberger has recorded an increase in revenue in the fourth quarter of 2016 upon release of its full year results.
A new $5 billion iron ore project is on the cards for the Pilbara, set to create more than 12,000 jobs for the region.
Dual-listed OceanaGold Corp has poured first gold from the Haile mine in South Carolina, United States.
Heron Resources spin-off, Ardea Resources, will list on the Australian Securities Exchange (ASX) in February by raising up to $6 million from an initial public offering (IPO).
New Hope Group has finally received federal approval for the $900 million expansion of its New Acland coal mine in Queensland, a decade after first proposing the growth project.
Moody’s Investor Service has upgraded Fortescue’s (FMG) credit ratings amid the higher iron ore price.
Vale, BHP Billiton Brazil and Samarco have entered a preliminary agreement with Brazil’s Federal Prosecutors’ Office over remediation fees following the Samarco tailings dam failure.
Rio Tinto’s Boyne Smelters (BSL) is set to announce a round of job cuts after it revealed plans to reduce production.
Rio Tinto has awarded a $70 million bulk earthworks contract to civil engineering firm QBirt for the development of mine infrastructure at the Amrun bauxite project in northern Queensland.
Despite performance challenges South32 believes it remains on track to achieve the 2017 financial year production guidance set at most of its operations.
Brazil’s mines and energy minister Fernando Coelho Filho has suggested a restart of production at Samarco is likely in March.
Engineering company EnerMech has acquired oil and gas electrical services supplier EPS Group in Australia and the Americas.
Caterpillar has launched a project that will see the mining equipment manufacturer move further into autonomous technology.
Rio Tinto and Aluminium Corp of China (Chinalco) have reportedly terminated their joint venture set up to explore for copper.
Rio Tinto subsidiary Energy Resources of Australia (ERA) is anticipating it will report a $231 million impairment for 2016 as lower uranium prices continue to impact the company.
Communications company Swift Networks has won a contract to supply a broad suite of services, including entertainment content, connectivity and related support to the INPEX-operated Ichthys liquefied natural gas (LNG) ...
Lithium developer Pilbara Minerals has awarded an engineering, procurement and construction (EPC) contract at the Pilgangoora project in Western Australia to RCR Tomlinson.
Hexagon Mining has acquired Perth-based technology company MiPlan, a developer of mobile software applications for field data collection, fleet management, production management and reporting.
Swedish equipment manufacturer Atlas Copco is planning to split into two companies next year, with its mining and construction tools division shaping as the basis of a new entity.
Rio Tinto has cited a three per cent increase in Pilbara iron ore shipments in 2016 compared to 2015.
Australia’s liquefied natural gas (LNG) exports surged in 2016 as a plethora of new projects in Western Australia, the Northern Territory and Queensland triggered a flood of new shipments to ...
Fortescue Metals Group has appointed one of its directors, Elizabeth Gaines, to the role of chief financial officer.
Western Australia gold and copper explorer Kalamazoo Resources has listed on the Australian Stock Exchange (ASX) after successfully raising $5 million in capital.
Cameco’s proposed Yeelirrie mine in the Goldfields region of Western Australia is the latest uranium development to be approved by the state government.
Gold companies Endeavour Mining and Acacia Mining are discussing a possible merger that could make one of the largest precious metal companies in Africa.
Mining equipment manufacturer Atlas Copco believes the new SmartROC CL might be the most efficient surface drill rig it has ever built, providing Australian mining companies with potential to lower ...
Industrial supply company OZCON Industries has been placed in voluntary liquidation after letting go of 92 workers last week.
Rio Tinto subsidiary, Kennecott Exploration, has walked away from a potential joint venture with Azure Minerals at the Promontorio copper-gold project in Mexico.
Australian miners are likely to be affected by changes made to Indonesia’s mining policy for exports of minerals including nickel and bauxite.
Goldcorp has entered an agreement to sell its Los Filos mine in Mexico to Leagold $US438 million.
More than 90 workers will lose their jobs today after industrial supply company OZCON closes its Queensland business.
Australia’s Remsafe has secured a collaboration agreement with mine equipment manufacturer FLSmidth.
Echo Resources has bolstered its gold portfolio in Western Australia after completing a takeover of Metaliko Resources.
SEW-EURODRIVE’s new service centre in Mackay will include an advanced load testing facility for gearboxes and complete drive assemblies that will provide breakthrough capability to the mining industry in Queensland.
Gold explorer Intermin Resources has acquired the Kanowna North project and a new exploration prospect at the Yarmony project in the Goldfields region of Western Australia.
Australian developer Danakali has awarded Fluor with a front-end engineering, design and optimisation (FEED) contract at the Colluli potash project in Eritrea, East Africa.
Exploration budgets in Australia continue to fall, according to a new report from S&P Global Market Intelligence.
Construction has started at Dacian Gold’s Mt Morgans project in Western Australia following the receipt of several WA Government approvals.
The iron ore price has jumped above $US80 once again amid a subtle start from China’s smaller mining players.
WA environment minister Albert Jacob has approved the development of Diatreme Resources’ Cyclone zircon project in the state’s Eucla Basin.
Paladin Energy is planning an extensive financial restructure as it continues to face challenges in the global uranium market.
Led by increased liquefied natural gas (LNG) production capacity in Australia, Platts Analytics has forecast a 16 per cent rise in Asian output in 2017.
Schlumberger has acquired Peak Well Systems, a Perth-based company focussed on the design and development of downhole tools for flow control, well intervention and well integrity.
Gascoyne Resources has completed the purchase of the Dalgaranga gold project in Western Australia, moving to 100 per cent ownership of the operations.
Toro Energy’s expansion of the Wiluna uranium project has received environmental approval from the Western Australian government.
Queensland has recorded a $1.6 billion increase in exports, driven by the rising value of hard coking coal and liquefied natural gas exports.
Western Australia based company Vector Resources has completed the acquisition of the Maniema gold project in the Democratic Republic of Congo (DRC).
The Queensland Government has provided a $2.7 million investment in the state’s mining, equipment, technology and services (METS) sector.
Improved commodity prices are expected to push Australia’s mining and energy export earnings to a record in 2016-17, according to the Department of Industry, Innovation and Science.
Plans for the Styx Coal project in Queensland have commenced, expected to create up to 500 jobs in the region.
Port Hedland has set a new monthly throughput record, delivering 44.5 million tonnes in December 2016, a 17 per cent increase from the same month last year.
Nectar Farms aims to provide job opportunities for the retrenched Stawell gold mine workers following the operation’s closure last year.
Estrella Resources has completed the acquisition of Mt Edwards Lithium after a shareholders meeting on December 28 2016.
The Western Australian Department of Mines and Petroleum (DMP) has granted Echo Resources a mining lease for the Julius gold project.
Merlin Diamonds has discovered a 35.26 carat brown diamond at the Merlin diamond mine in the Northern Territory, the fifth largest diamond unearthed in Australia.
Emerson Automation Solutions has unveiled the Roxar API (Application Programming Interface), an extensibility solution for reservoir modelling that complements its Roxar RMS software.
Perth-based company Oxair Gas Systems has secured a contract to maintain the nitrogen generator plant on-board Shell’s Prelude floating liquefied natural gas (FLNG) facility.
Australian blasting company BlastBoss has released Dryshot, a structural water sealing barrier to improve blasting performance.
Duet Group subsidiary DBP Development Group (DDG) is constructin what the company calls the largest gas storage facility in Western Australia.
While electricity deregulation was supposed to increase market competition and provide economic benefits to the mining and process industries, thanks to the increase in coal and gas prices along with ...
Alcoa World Alumina and Chemicals has secured a contract to supply around 400,000 bone dry metric tonnes of bauxite from its Huntly mine in Western Australia.
A record number of women have graduated from engineering at the University of Queensland, well above the national average.
Global information technology business Wipro has been awarded a three-year IT infrastructure services and digital transformation contract at oil and gas company Woodside.
Metalicity has entered an agreement to acquire Fortescue’s (FMG) lithium exploration portfolio in Western Australia’s Pilbara region, including the Lynas Find North lithium project.
RungePincockMinarco (RPM) has agreed to acquire a copy of the source code and intellectual property right of Fewzion’s short interval control (SIC) and work management software product.
Iron ore miner Samarco and joint venture owners BHP Billiton and Vale have entered a non-binding agreement allowing Samarco to use Vale’s Timbopeba tailings pit if it restarts operations.
The Queensland Government has made a $15 million offer of support for rebricking of Glencore’s Mount Isa Mines copper smelter.
Australian companies Bridgeport Energy and Metgasco have accepted Queensland Government offers to explore for petroleum and gas in the Cooper Basin.
Australian oil and gas company Santos will sell a 50 per cent interest in the Mereenie oil and gas field in the Northern Territory to Macquarie Group, which will join ...
Fortescue Metal Group’s credit rating has been upgraded by S&P Global Ratings in a sign that the company’s productivity and efficiency initiatives are working.
The Australian Competition and Consumer Commission (ACCC) has opposed a strategic partnership between Virgin Australia and Alliance Aviation Services as it would mean two operators would dominate fly-in, fly-out (FIFO) ...
Hitachi Construction Machinery Australia (HCA) has opened a $60 million facility at its Western Australia/Northern Territory headquarters at the Forrestdale Business Park in Perth.
Perth-based mining contractor Decmil has secured a new contract at Rio Tinto’s iron ore operations in the Pilbara region of Western Australia.
Riva Resources has secured an exploration agreement with Rosslyn Hill Mining that gives it the opportunity to take a 75 per cent share in the cobalt, gold and copper rights ...
A mine worker has died following a truck accident at Rix’s Creek coal mine near Singleton, New South Wales last week.
Vimy Resources’ Mulga Rock uranium project has been approved by Western Australian environment minister Albert Jacob, the state’s final primary approval for the project.
WPG Resources managing director and chief executive officer Martin Jacobsen has resigned from the company because of poor health.
Contractor MACA has acquired a majority stake in privately-owned Interquip, a provider of mineral processing solution predominantly in Western Australia and the Northern Territory.
South32 has lowered its production guidance at the Illawarra coal operation in New South Wales following ongoing issues at the mine this year.
Kingsgate’s Chatree gold mine in Thailand will cease operations from January 1 2017, despite the new mineral bill allowing legal operation of mines in the country.
Fortescue Metals Group continues to reduce its debt with the company saying a further US$1 billion ($1.36 billion) will be repaid next week.
Superior Industries has released the Liberty Jaw Crusher, which compresses material in stone, concrete, asphalt and ore applications.
Australian oil and gas company Santos has raised more than $1 billion through a share placement to institutional investors in the first part of a $1.5 billion capital raising it ...
Merlin Diamonds has recovered a rare blue diamond from its Merlin diamond operation in the Northern Territory.
The Queensland Government is providing up to $5 million to support North Stradbroke Island Sibelco workers affected by the phase out of sand mining.
JKC Australia LNG has confirmed there will be approximately 145 worker redundancies at the Ichthys project in Darwin.
Experienced resources executive Cliff Lawrenson will take over as managing director and chief executive officer of Atlas Iron in February 2017.
Uranium company Paladin Energy has offloaded several of its non-core Australian exploration assets to Uranium Africa for $2.5 million.
BHP Billiton says a restart to production at the Samarco iron ore joint venture with Vale in Brazil is possible next year, but only if several hurdles are overcome first.
WPG Resources’ Tarcoola gold mine in South Australia officially opened yesterday, one of the state’s newest mines.
Online plant hire and equipment database, iSeekplant.com.au has recently launched a new video marketing campaign, providing a raw and witty take on the hurdles encountered in the Australian mining and ...
Around 240 FIFO workers have been sacked from Darwin’s LNG project.
Used Tyre Recycling Corporation (UTRC) has offered to employ some of the retrenched workers from the suspended Stawell gold mine in Victoria.
Lithium developer Pilbara Minerals has secured the native title agreement for its Pilgangoora lithium-tantalum project in Western Australia.
Australian-listed companies are spending more on exploration, according to the latest research from BDO.
Australian Environment minister Greg Hunt recently told the UN that Australia is 78 million tonnes ahead of its 2020 emissions reduction target which is a dramatic increase on the initial ...
Intermin Resources has entered a joint venture agreement with AXF Resources to advance the Richmond vanadium – molybdenum project in Queensland.
Kirkland Lake Gold has suspended underground mining at the Stawell gold operations in Victoria, leaving up to 150 workers without a job.
Metals company TNG has partnered with Sumitomo and Energy Made Clean to develop and grow Australia’s Vanadium Redox Flow Battery market.
The first international summit on derelict mines – Dealing with Derelict Mines – was held in Singleton NSW last week, with delegates exploring the best practice for rehabilitation.
Development of Rio Tinto’s $2.6 billion Amrun bauxite project in North Queensland continues to gather pace following the award of $160 million of contracts to construction company Civmec.
Rio Tinto has rejected claims that it has used drones to monitor employees at company work camps.
Queensland’s explorers believe the performance of the sector has been ‘good, but could do better’ as the application process continues to cause concern.
A group of 21 high-ranking South Australians have called on politicians to continue exploring the development of the proposed nuclear repository.
Thailand’s government has passed a mineral bill allowing the legal operation of gold mines in the country, weeks before the closure of Kingsgate’s Chatree gold mine.
Paringa Resources will raise $8 million on the ASX to fund development of the Poplar Grove coal project in the United States.
MetalsTech has launched its initial public offering (IPO) on the ASX, with shareholders of strategic partner Lithium Australia having priority to participate.
Has your business been ‘shopping around’ for a new electricity contract? Is your current retailer trying to re-sign you for another three years at higher rates than what you’ve been ...
Mount Gibson Iron has received approval to develop the Iron Hill iron ore mine in Western Australia.
Lakes Oil is suing the Victorian Government for $2.7 billion in damages following the state’s ban on gas exploration.
Iron ore has continued to have a stellar week, settling at $US81.90 a tonne overnight, according to the Steel Index.
BHP Billiton and technology company Hatch have entered into a collaborative development partnership, which will aim to accelerate the development and deployment of technological advances in mining and mineral processing.
The Association of Mining and Exploration Companies (AMEC) has welcomed the Federal Government’s $100 million exploring for the future program.
The Wangan and Jagalingou (W&J) traditional owners plan to conduct more legal action against Adani’s Carmichael coal mine, with claims it disregards their native title rights.
A contractor has died at MMG’s majority-owned Las Bambas copper mine in Peru.
Australia’s mining industry faced its highest effective tax rate in almost a decade in 2014-15, according to new research.
Brockman Mining has selected Engenium to provide project management consultant (PMC) services at its Maverick iron ore project in the Pilbara.
Oil and gas company Santos has launched a new strategy that will see it focus on its key assets and spin off its non-core business into a new company.
Schaeffler received a highly commended award at the 2016 Bulk Handling Awards ceremony for two of its maintenance solutions.
Iluka Resources’ $375 million takeover of Sierra Rutile will go ahead after concerns about the West African company’s tailings dams were resolved.
Roy Hill plans to employ up to 600 workers over the next year and a half as it increases production at its Pilbara operations.
The International Council on Mining and Metals (ICMM) is taking measures to help ensure an incident like the Samarco tailings dam failure does not happen again.
Adani will focus on sourcing employees for its Carmichael coal project workforce from regional Queensland and will not use foreign workers on 457 visas.
The Australia Institute has called for support of the proposed iron ore tax in Western Australia, considering it “fair” and “affordable”.
Origin Energy has announced plans to divest its upstream business assets in an effort to reduce debt and focus on its energy markets and gas business.
BHP Billiton has won a bid to acquire a majority share in the deep-water Trion oil field project in the Gulf of Mexico.
Phosphate developer Minbos Resources has agreed to buy its Angolan joint venture partner, Petril Phosphate, in a deal worth $20 million.
The latest figures from the Australian Bureau of Statistics (ABS) show that greenfields exploration activity has increased over the past six months.
Nominations for the 2017 Australian Mining Prospect Awards are now open, celebrating the best of the best in Australia’s mining industry.
Dacian Gold has completed a $26 million share placement that it will use to fund the ongoing development and exploration of the Mount Morgans gold project in Western Australia.
A new Miners Memorial Monument will be built in Ipswich, Queensland to commemorate the sacrifice and contribution of miners in the state.
Adani’s Carmichael coal project in Queensland has received approval for a rail line and workers camp – its final major state and federal government approval.
Toro Energy’s Vanessa Guthrie has left the company after five years, including nearly four as managing director and chief executive officer.
The Melbourne-based company has secured a $30 million share placement to fund the restart of production at the Thalanga zinc mine in Queensland.
Achieving or exceeding KPIs while streamlining existing purposes is pivotal for Australian miners, especially since the mining sector has moved on from the build stage and into process optimisation.
In fact, ...
Genesee & Wyoming Australia (GWA) has completed its $1.14 billion acquisition of Glencore Rail (GRail) in the New South Wales Hunter Valley.
Iron ore prices have been tumultuous this week; soaring past $80 then slumping, before rising once more.
Rio Tinto has confirmed reports that it is under investigation by the US Securities Exchange Committee (SEC) over an impairment in its 2012 accounts in Mozambique.
BP is moving forward with the US-based Mad Dog oil project, which includes BHP Billiton as a key partner, at a considerably lower development cost.
Mineral sands miner Iluka Resources has abandoned plans to develop the Tapira titanium project with Vale in Brazil.
Azure Minerals has upgraded the silver resource for the Mesa de Plata deposit at the Alacrán gold-silver-copper project in Mexico.
Komatsu Australia has signed a three-year freight forwarding contract with DB Schenker to import equipment into Australia from Germany, Belgium, Indonesia, Norway, and the US.
Superior Industries has launched a new attrition mill within its line of washing and classifying machinery.
A further $4.75 million in funding has been committed to the Western Australian Government’s exploration incentive scheme’s (EIS) co-funded drilling program.
This year MICROMINE celebrates its 30th Anniversary. Since its beginning in 1986, MICROMINE’s mission has been to provide high quality products and services that create value for exploration and mining ...
Global oil prices surged significantly overnight after OPEC took the surprising move to cut production from January next year.
The industry body has expressed support for the Australian Government’s decision to review the petroleum tax system in the country.
The Federal Government has launched a review into Australia’s underperforming petroleum resource rent tax (PRRT).
The Brisbane-based company has launched a $6.5 million initial public offering (IPO) as it prepares to list on the ASX.
Vale, with joint venture partner BHP Billiton, expects to reveal when the Samarco iron ore mine in Brazil will restart in December.
Kingston Resources has secured an agreement that could see it acquire a 75 per cent interest in Trillbar Resources’ Livingston gold project in Western Australia.
The iron ore price has topped $US80 a tonne for the first time in more than two years.
The Perth-based company plans to use the funds raised to develop its 100 per cent-owned project in Western Australia.
Komatsu Australia has expanded its dozer range with the release of three new machines featuring the intelligent Machine Control (iMC) system.
Nickel miner Western Areas has secured another off-take contract, this time with an existing customer, BHP Billiton’s Nickel West.
Australian gold production was marginally higher in the September quarter despite poor weather affecting some operations in the eastern states.
Nickel miner Western Areas has secured a three-year agreement to supply nickel to China’s Tsingshan Group.
Komatsu Australia’s new intelligent machine control (iMC) excavator features a factory-integrated 3D GNSS machine control and guidance system.
Doray Minerals’ founder and managing director Allan Kelly has resigned from the company after seven-and-a-half years.
Kin Mining has signed an exclusivity agreement with Gold Fields for the potential acquisition of its Lawlers processing plant in Western Australia.
As the Samarco joint venture considers reopening the mine, BHP Billiton has cleared US$181 million in funding for remediation work at the site.
The number of mining deals in Australia is rising, according to Ernst & Young’s (EY) third quarter global mining and metals M&A activity report.
Current Fortescue Metals operations director Nick Cernotta will join the board of Pilbara Minerals at the start of 2017.
Trump heading closer to presidency has seen a rally in metal and oil prices, further strengthened by the strong US dollar.
Cu-River Mining’s new mining and processing operation at Cairn Hill near Coober Pedy in South Australia is set to create 60 jobs in the region.
Rio Tinto has outlined a long-term strategy that will deliver an additional $5 billion in cash flow over the next five years.