Rio Tinto job cuts to hit office staff (40) March 2, 2015 Rio Tinto are set to reduce staff numbers from iron ore operations in Western Australia, but the cost cutting move is plagued by conjecture.
Yancoal posts $353.5 million loss (0) March 2, 2015 Yancoal said the continuing low cost of coal has led the company to post a full year loss of $353.5 million.
Orica to carry out share buyback (0) March 2, 2015 Orica has announced it will carry out a $400 million share buyback over the next 12 months.
Watermark coal project put on hold (0) March 2, 2015 Just weeks after it was approved by the NSW Government, Federal Environment Minister Greg Hunt has “stopped the clock” on Shenhua’s Watermark coal project.
FMG executive takes out Mentor of the Year award (0) February 27, 2015 Executive director of strategy and finance at Brookfield Multiplex, Sharon Warburton has won the Mentor of the Year award at the NAB Women Agenda Leadership Awards.
NRW wins coal contract extension (0) February 27, 2015 NRW Holdings has won a three year extension to its Middlemount coal contract.
Iron magnate’s daughter no gold digger (0) February 27, 2015 The youngest daughter of billionaire Michael Wright was vindicated in her challenge to the family estate, and awarded $25 million in a landmark ruling.
Gold mine tailings dam close to collapse (0) February 27, 2015 St Barbara’s Gold Ridge tailings dam is reportedly close to collapse as its water levels continue to rise.
Rio Tinto reveals plans to ‘simplify’ company (0) February 27, 2015 Rio Tinto plans to condense its assets into four product groups as part of a major restructure in an effort to rein in costs.
Glencore to cut Australian coal output (30) February 27, 2015 Glencore has announced plans to slash Australian coal production by 15 million tonnes this year.
Worker jailed for timesheet fraud (0) February 26, 2015 A Queensland mine worker has been sentenced to 18 months in prison for a range of offenses, including defrauding labour hire companies for pay.
Indigenous involvement needs policy development: Minerals Council (863) February 26, 2015 The minerals sector in Australia contributes $3 billion in native title related payments each year, according to a new monograph launched by the Minerals Council of Australia last night.
Australia drops in global mining rankings (4) February 26, 2015 Australia has fallen in the global mining rankings, as the latest Fraser Institute annual mining survey shows the nation’s decreasing resources attractiveness.
Misunderstanding mental illness in mining (5) February 26, 2015 Founders of a mining worker support group have told a WA parliamentary inquiry there was a severe lack of compassion and misunderstanding towards mental illness in the industry.
Resources Equipment sheds jobs (0) February 25, 2015 Resources Equipment has cut 41 jobs from its Welshpool Branch following a company restructure.
Opportunities for Aboriginal jobs with DMP (0) February 25, 2015 The DMP will continue its commitment to creating employment opportunities with an Aboriginal Employment Strategy open day next month.
WA Mining Rehabilitation Fund now at $30 million (0) February 25, 2015 WA mines and petroleum minister Bill Marmion has commended the Mining Rehabilitation Fund as “one of the Department’s biggest reforms”.
Mount Lyell copper mine to remain closed for now (0) February 25, 2015 There is no set timeframe for the reopening of Mount Lyell copper mine as low commodity prices force the mine’s owner to revaluate its plans.
Macmahon posts loss on half year (0) February 25, 2015 Macmahon Holdings have managed to keep on the best side of their $135 million declared impairment, with a $112.5 million loss for the half year.
Toro Energy appoints new chairman (0) February 24, 2015 It’s been a busy week for uranium developer Toro Energy which has appointed Fiona Harris as its new chairman and been given the go ahead to expand its Wiluna mine
Altas Iron to be lowest cost junior (0) February 24, 2015 Atlas Iron have declared significant cost savings will continue through the year, aiming for annualised savings of $90 to $120 million by June this year.
Investigation into Pilbara port injuries begins (0) February 24, 2015 The Australian Maritime Safety Authority will investigate an incident which injured two men on a ship which was moored at the Roy Hill Port.
Mining deals at lowest level in a decade (0) February 24, 2015 Mergers and acquisitions in Australia’s mining sector have sunk to their lowest level in 10 years.
ASCO wins BP supply contract (0) February 24, 2015 The new BP exploration venture in the Great Australian Bight will be supplied by oil and gas services company ASCO Group.
Low iron ore price not our fault: BHP Billiton (0) February 23, 2015 BHP Billiton chief Andrew Mackenzie said calls to reduce iron ore production in the light of falling prices would only work to harm the Australian economy.
Santos reports loss in the face of record sales (0) February 23, 2015 Santos reported a net loss of $925 million in their 2014 full year results, and in response have frozen recruitment and payrises.
Macmahon lose Christmas Creek contract (3) February 23, 2015 Around 700 Macmahon workers will face the chopping block after FMG handed the Christmas Creek 2 contract to Downer EDI
Strong Under Pressure: Anaerobic Thread Sealants (0) February 23, 2015 There is a multitude of thread sealing and thread locking applications throughout the oil and gas industry, and conventional methods just aren’t holding up.
Mine protest targets Watermark coal project (0) February 20, 2015 Over 100 people marched down the main street of Gunnedah yesterday in protest of Shenhua’s Watermark Coal project.
BREAKING: 40 jobs cut at Christmas Creek (0) February 19, 2015 MacMahon Contracting has dropped 40 staff from their crews on the FMG Christmas Creek operation.
BHP to conduct reef research with CSIRO (0) February 19, 2015 BHP Billiton has teamed up with the CSIRO for a marine research partnership that will focus on the World Heritage Listed Ningaloo Reef in Western Australia.
BHP employees lose parental leave case (0) February 19, 2015 Two employees at the Crinum mine in Queensland have lost their case against BHP in the Fair Work Commission over their right to seek paid parental leave.
Burgess to take lead at SACOME (0) February 19, 2015 The South Australian Chamber of Minerals and Energy (SACOME) has appointed a new president, with Terry Burgess due to start the job on March 1.
Next Generation Technology Solving Proximity Switch Issues (0) February 19, 2015 In order to maintain a competitive advantage within the manufacturing arena, businesses that employ innovative technologies designed to improve production processes and reduce downtime will prosper. But with manufacturers’ production ...
Arrium records a huge $1.5 billion loss (0) February 18, 2015 A string of impairments due to the falling price of iron ore has seen Arrium post a first-half loss of $1.5 billion.
WA miners assured certainty for royalties review (0) February 18, 2015 The review into mining royalties in Western Australia should be made public as soon as possible, according to mines minister Bill Marmion.
Geoscience employment numbers fall again (0) February 18, 2015 After a slight recovery in geoscientist unemployment numbers prospects have again dimmed for the sector.
Monadelphous posts profit crash (0) February 18, 2015 Monadelphous has been hit by the slowdown in mining, posting a 23 per cent decrease in net profit.
More arrests at Maules Creek mine (0) February 18, 2015 ‘Bat Attack’ protests are continuing at Maules Creek mine, with activists occupying trees in a bid to stop clearing activity.
New showcase for 3D modelling developments (0) February 18, 2015 The Department of Mines and Petroleum will showcase the latest developments in 3D geological modelling at an open day in WA next week.
Northern Star Resources posts massive profit increase (0) February 18, 2015 Northern Star Resources has posted a massive 573 per cent net profit increase after successfully brining a host of newly acquired gold mines into production.
QRC to discuss mining deaths with top companies (0) February 18, 2015 The QRC will hold a meeting with top mining companies to discuss safety issues after a spike in the number of deaths in the industry.
Worker dies after underground incident (0) February 17, 2015 A worker who was involved in an underground incident at Glencore’s Ernest Henry Mine has passed away.
Uranium miner ERA posts new profit losses (0) February 17, 2015 ERA has posted a loss on net profits for the fourth year running, as the company moves closer to first ore from the Ranger 3 Deeps project.
FMG posts first-half profit crash (0) February 17, 2015 Fortescue Metals Group has posted an 81 per cent profit slump due to the falling price of iron ore.
Charity status for protest groups under threat (0) February 17, 2015 The NSW Minerals Council have launched a new attack on coal protesters, calling for the charity status of organisations like Lock the Gate to be revoked.
Mount Gibson Iron records first half loss (0) February 17, 2015 Mount Gibson Iron has posted a first-half net loss of $869.8 million due to the low price of iron ore and the closure of its Koolan Island mine.
Data miners warned to stay out of DMP (0) February 17, 2015 The WA DMP has introduced a new system which will prevent large miners from getting the upper hand in applying for newly surrendered tenements.
Iron ore price spike (0) February 17, 2015 The price of iron ore has jumped by three per cent to $65.10 a tonne.
Indian police continue pursuit of Thiess boss (0) February 17, 2015 Allegations of cheating continue as Indian police renew their call on Thiess managing director Bruce Munro to return to the country for questioning.
Six day anti-coal rally kicks off at Maules Creek mine (0) February 16, 2015 The six day ‘bat attack’ rally kicked off in the Leard State Forest over the weekend with activists locking themselves to bulldozers at the Maules Creek mine site.
Coal train derailment disrupts exports (17) February 16, 2015 A coal train derailment in the Hunter region could leave the track out of action until at least Friday.
Olympic Dam grinding mill breaks down (0) February 16, 2015 BHP’s Olympic Dam mine has been hit again, with a mill breakdown setting back production on site.
India aims to arrest Thiess chief (0) February 16, 2015 The head of Thiess, Bruce Munro, is wanted by Indian authorities over claims of dodgy coal dealings in the nation.
Worker dies at Dawson coal mine (5) February 16, 2015 A coal miner has been killed and another man seriously injured after a tyre exploded at Anglo American’s Dawson coal mine.
Rinehart House of Hancock legal action (0) February 13, 2015 Gina Rinehart has launched legal action against Channel Nine in order to seek access to the next episode of ‘House of Hancock’.
Australian Mining Weekly News Wrap (13/02/15) [Video] (0) February 13, 2015 This week brings news that Rio Tinto plans to cut costs at its iron ore business while Laing O’Rourke has lost a $215 million contract at Roy Hill mine. Elsewhere, ...
Rio Tinto earnings drop nine per cent (0) February 13, 2015 Rio Tinto has taken a hit of nine per cent on underlying earnings in 2014, compared to the previous year, despite a net increase of 78 per cent.
Rio Tinto to carry out buyback (0) February 12, 2015 Rio Tinto has announced a $500 million share buyback as part of its wider $2 billion capital return program.
Think tank warns Qld Labor must restore confidence (0) February 12, 2015 The Palaszczuk government will need to step up to restore business confidence or risk losing Adani’s interest in the Carmichael coal project, IPA said.
Russia to build Pacific coal export port (0) February 12, 2015 Russia will begin building a new coal export terminal on its Pacific coast to increase its exports to Asia Pacific nations.
Global Divestment Day starts tomorrow (0) February 12, 2015 Investment in fossil fuel resources may suffer a small hit due to publicity generated by the inaugural Global Divestment Day.
Santos sees massive impairment (0) February 12, 2015 Santos has advised the market of a massive $1.6 billion non-cash impairment charge in its latest accounts.
DeGrussa mine turns to solar power in $40 million project (0) February 11, 2015 Sandfire Resources has signed an agreement with juwi which will see the construction of a 10.6MW solar power station at its DeGrussa copper mine in Western Australia.
EXCLUSIVE: Rio Tinto iron ore to cut costs across all sites (0) February 10, 2015 Rio Tinto’s iron ore business is set to engage in a series of heavy cost cutting measures, according to an internal document leaked to Australian Mining.
Metals X acquires stake in NT gold mine (25) February 10, 2015 Gold and tin miner Metals X is set to acquire a 75 per cent interest in the Central Tanami gold project.
Bradken posts profit decline (0) February 10, 2015 Bradken has blamed ongoing volatility in a number of commodity and mineral markets for its 63 per cent profit decline.
Rinehart accepts Deal of the Year award (0) February 10, 2015 Rinehart has accepted an award for Roy Hill after FinanceAsia named the project Deal of the Year in 2014.
KMG closes Ridges iron ore mine (0) February 10, 2015 The Ridges iron ore mine in the Kimberly has been put on care and maintenance, after exhausting the high grade reserve.
Mining not dead in WA (0) February 9, 2015 The West Australian government received more mining applications in the December quarter of 2014 than at any time since 2011.
South Australia to consider growth in nuclear industry (0) February 9, 2015 A royal commission will examine the potential for SA to increase its role in the nuclear production cycle, announced by premier Jay Weatherill on Sunday.
Sydney Uni joins the mining divestment race (0) February 9, 2015 The University of Sydney has joined ANU and the University of Maine by divesting stocks to become more environmentally sustainable.
Economic & Environmental Benefits of Energy Efficient Motors (0) February 9, 2015 With Australian industry continuing to seek ways to minimise costs, it is also being faced with the need to adhere to regulated efficiency standards and levels in Australia and worldwide. ...
Greens plan to end all coal mining in NSW (0) February 9, 2015 The NSW Greens want to end all coal mining in the state and create a new economic model by focusing on renewable energy.
‘House of Hancock’ telemovie needed fact-checking (0) February 9, 2015 In the wake of the controversial ‘House of Hancock’ screening last night, Hancock Prospecting’s Tad Watroba has spoken out against the show’s accuracy.
Anglo American cuts Drayton coal staff (0) February 9, 2015 The miner has today announced it is reducing its workforce at the Drayton coal mine as reserve levels dwindle.
Australian Mining – News in Focus (6/02/15) (0) February 6, 2015 Iron ore exports are up 30 per cent; The ATO works towards self-auditing for big business; Labor reiterates policy against 100 per cent FIFO.
Ravensthorpe to drop 50 workers (0) February 6, 2015 First Quantum Minerals will cut 50 jobs at the Ravensthorpe nickel mine, positions which are no longer required after the temporary closure in December.
Redundancies to come in Toowoomba (0) February 6, 2015 Around 40 to 50 workers will be laid off at the Toowoomba headquarters of Russell Mineral Equipment.
MacMahon announces $135 million writedown (0) February 6, 2015 MacMahon Holdings has announced a $135 million writedown as challenging conditions in the mining market continue to put the strain on contractors.
Heavy lift failure at Browse Basin gas project (0) February 6, 2015 Northern Territory Worksafe are investigating a lifting accident at the INPEX Browse Basin construction project at Blaydin Point.
WA fire forces BHP Billiton to scale back mining (0) February 6, 2015 BHP Billiton has been forced to scale back mining operations at its bauxite mine in Boddington today due to visibility issues from the bushfire south-west of the site.
Another accident at Roy Hill (1606) February 6, 2015 The Roy Hill project will come under further scrutiny after a lifting accident occurred while moving a heavy construction module yesterday.
Sandfire sues investment consultant CAER (0) February 5, 2015 Copper miner Sandfire Resources launched legal action yesterday over last year’s resource portfolio divestment by Australian National University.
Coal employment fallen in the Hunter (0) February 5, 2015 Unemployment has jumped in the Hunter Valley, with new figures showing NSW coal production jobs have fallen below 20,000 for the first time since 2010.
Rio Tinto awards $34k scholarship (0) February 5, 2015 A Hunter Valley student has won a $34,000 engineering scholarship from Rio Tinto’s Bengalla coal mine.
Goldfields gas pipeline program ramping up (0) February 5, 2015 A $140 million gas pipeline slated for WA’s Eastern Goldfields is ramping up as more piping arrives for construction.
Old mine turned into bike park (0) February 5, 2015 An abandoned mine in the US has been turned in to the largest indoor bike park in the country.
Confusion rises over QLD Labor FIFO policy (0) February 5, 2015 Confusion has arisen over QLD Labor’s FIFO policy following clarification over frontbencher Jackie Trad’s comments yesterday.
QLD ALP government to ban 100% FIFO (0) February 4, 2015 A new ALP Queensland government is against the use of a 100% FIFO workforce and plans to ban the practice.
Port Hedland iron ore exports up 30% (0) February 4, 2015 The extra tonnages of iron ore the major miners are exporting is highlighted in official figures released by the Pilbara Port Authority.
Pocock beats Maules Creek protest charges (0) February 4, 2015 Former Wallabies captain David Pocock has beat all charges following his arrest for protesting against the Maules Creek coal mine.
Big companies entrusted with own tax auditing (0) February 4, 2015 Large mining companies may avoid public scrutiny over their taxes if the Abbott government complies with calls for amendments to tax law.
More delays for Abbot Point coal facility (0) February 4, 2015 Dredging at Abbot Point will be delayed further until the incoming Queensland government takes a position on port expansion and rail infrastructure.
Cat, Komatsu and Volvo charged with collusion (0) February 4, 2015 Heavy equipment manufacturers Caterpillar, Komatsu and Volvo have been hit with an anti-trust lawsuit in the US for anticompetitive conspiracy.
Sandvik to close Wollongong operations, cut jobs (0) February 3, 2015 Sandvik has announced it will close its Wollongong operations and reduce its Kalgoorlie site in the wake of continuing mining uncertainty.
Ford launch new vehicles into mining (0) February 3, 2015 Barrick Gold US have made a bulk order of light vehicles from Ford, after having been chosen to test the prototype 2015 Ford F-150 trucks.
Mining board game developed (0) February 3, 2015 A board game where players take the role of a pioneer in the US’ first mining boom in the 1840s has been created.
Iron ore family embroiled in will dispute (0) February 3, 2015 The daughter of late iron ore magnate Michael Wright has issued a wish list of bizarre and extravagant “needs” to increase her claim on his estate.
BC Iron leans on contractors for cost savings (0) February 2, 2015 BC Iron is looking to renegotiate the terms of several of its workforce contracts in order to save money amid the weak price of iron ore.
Nationwide coal strike to begin in Poland (0) February 2, 2015 Poland’s coal mining industry has ground to a halt, as miners plan to go on a nationwide strike on Monday February 2.
Adani undeterred by Qld government change (0) February 2, 2015 Indian miner Adani has reiterated its commitment to building the Carmichael coal mine, undeterred by the prospect of a new Labor government in Queensland.
New Galilee basin mining jobs overestimated (1) January 30, 2015 Predicted job numbers for Galilee Basin coal projects are in doubt, resulting in a complaint being lodged with the ACCC
New Hunter Valley Mining show focusing on community (0) January 30, 2015 The inaugural Hunter Mining Show, the launch event for the Hunter Coal Festival, is looking to greater community and resources engagement in the region.
Flood works complete at Roper River iron ore mine (0) January 30, 2015 Northern Territory mines and energy inspectors have declared the Roper River iron ore mine does not posed an environmental risk during the wet season.
NSW mining rehab council canned (0) January 30, 2015 Plans for setting up a mines rehabilitation advisory council have been scrapped by NSW state government.
New coal mine on the way after PAC approves Watermark (0) January 30, 2015 Shenhua’s huge Watermark Coal project in north-west New South Wales has been given the green light by the Planning Assessment Commission.
Crane designer fined for 2013 accident (0) January 30, 2015 In a legal first a West Australian crane designer has been fined $16,000 in relation to a 2013 crane accident at Karara.
New ‘Mining Leaders’ program developed (0) January 30, 2015 A new Mining Leaders’ Program has developed to help “the address the global shortage of future leaders in the industry”.
BHP cut jobs at Olympic Dam (16) January 29, 2015 In the wake of falling copper prices jobs will be cut at Olympic Dam as BHP looks to reduce costs.
SACOME welcomes OZ Mineral’s move to Adelaide (0) January 29, 2015 The South Australian Chamber of Mines and Energy has welcomed news that OZ Minerals is moving its HQ from Melbourne to Adelaide.
FMG cuts production costs, posts record shipping rate (0) January 29, 2015 Fortescue Metals Group slashed its iron ore production costs by 11 per cent in the December quarter while shipping 47 per cent more of the commodity.
Glencore may close South African coal ops (0) January 29, 2015 Glencore subsidiary Optimum is considering a closure of some of its operations in South Africa, with a review likely for Australian coal operations.
University of Maine divests from coal (0) January 29, 2015 Another domino has toppled in the global divestment movement, with the University of Maine divesting from direct holdings in coal-mining companies.
Victorian CSG moratorium extended to 2016 (0) January 29, 2015 The Victorian Parliament has announced an extension to the moratorium on coal seam gas exploration, pending a new inquiry into the impact of the industry.
Southern Cross Electrical MD retires (0) January 29, 2015 South Cross Electrical Engineering’s managing director Simon High has announced he will retire.
Boyce steps down as chief of Peabody Energy (0) January 29, 2015 Gregory Boyce is set to step down as the CEO of Peabody Energy in May, with company COO Glenn Kellow to take his place.
NSW gas demand to fall and cause price shock (0) January 28, 2015 Domestic gas prices are predicted to rise sharply as a result of the increased export of LNG from Australian projects.
Bradken buyout falls through (0) January 28, 2015 A proposed acquisition of Bradken has collapsed as mining markets remain volatile.
Mount Gibson faces $950 million writedown (0) January 28, 2015 Iron ore miner Mount Gibson has announced a $950 million writedown due to the low price of iron ore and the closure of its Koolan Island mine.
Sandfire to extend DeGrussa mine life (0) January 28, 2015 Sandfire has released its latest results, highlighting its plans to extend its DeGrussa’s mine life into 2021 and increases its resources.
Sirius Resources has signed a deal which will see it supply nickel concentrate to BHP Billiton.
Rio Tinto are set to reduce staff numbers from iron ore operations in Western Australia, but the cost cutting move is plagued by conjecture.
Australia’s gold output has hit its highest level in 11 years.
The coal industry is seeing more investment caution in its future, as New Zealand’s largest coal miner’s loan is written off by one of its backers.
Yancoal said the continuing low cost of coal has led the company to post a full year loss of $353.5 million.
Orica has announced it will carry out a $400 million share buyback over the next 12 months.
BHP has donated a quarter of a million dollars to the Salvation Army for Cyclone Marcia relief.
Just weeks after it was approved by the NSW Government, Federal Environment Minister Greg Hunt has “stopped the clock” on Shenhua’s Watermark coal project.
The Tasmanian Government has issued a five year moratorium on fracking on the island state, while NT ramps up.
Executive director of strategy and finance at Brookfield Multiplex, Sharon Warburton has won the Mentor of the Year award at the NAB Women Agenda Leadership Awards.
One of the workers injured aboard a heavy lift ship on Monday has undergone leg amputation.
NRW Holdings has won a three year extension to its Middlemount coal contract.
The youngest daughter of billionaire Michael Wright was vindicated in her challenge to the family estate, and awarded $25 million in a landmark ruling.
St Barbara’s Gold Ridge tailings dam is reportedly close to collapse as its water levels continue to rise.
Rio Tinto plans to condense its assets into four product groups as part of a major restructure in an effort to rein in costs.
Glencore has announced plans to slash Australian coal production by 15 million tonnes this year.
A Queensland mine worker has been sentenced to 18 months in prison for a range of offenses, including defrauding labour hire companies for pay.
The minerals sector in Australia contributes $3 billion in native title related payments each year, according to a new monograph launched by the Minerals Council of Australia last night.
The Australian Track Corporation has revealed a train derailment at Kankool caused $1 million worth of damage.
Australia has fallen in the global mining rankings, as the latest Fraser Institute annual mining survey shows the nation’s decreasing resources attractiveness.
The NSW Minerals Council says the next state government needs to fix the planning system and restore confidence in NSW as a place to invest.
Founders of a mining worker support group have told a WA parliamentary inquiry there was a severe lack of compassion and misunderstanding towards mental illness in the industry.
Rio Tinto CEO Sam Walsh said a merger with Glencore isn’t going to happen.
Rio Tinto has announced it will carry out an off-market $500 million share buyback.
Resources Equipment has cut 41 jobs from its Welshpool Branch following a company restructure.
The DMP will continue its commitment to creating employment opportunities with an Aboriginal Employment Strategy open day next month.
The largest single shipment of iron ore has left the port of Port Hedland with 263,989 tonnes onboard the vessel Abigail N.
WA mines and petroleum minister Bill Marmion has commended the Mining Rehabilitation Fund as “one of the Department’s biggest reforms”.
There is no set timeframe for the reopening of Mount Lyell copper mine as low commodity prices force the mine’s owner to revaluate its plans.
Macmahon Holdings have managed to keep on the best side of their $135 million declared impairment, with a $112.5 million loss for the half year.
It’s been a busy week for uranium developer Toro Energy which has appointed Fiona Harris as its new chairman and been given the go ahead to expand its Wiluna mine
Atlas Iron have declared significant cost savings will continue through the year, aiming for annualised savings of $90 to $120 million by June this year.
BHP Billiton has posted a 48 per cent decline in profit due to the falling price of iron ore and oil.
The Australian Maritime Safety Authority will investigate an incident which injured two men on a ship which was moored at the Roy Hill Port.
Mergers and acquisitions in Australia’s mining sector have sunk to their lowest level in 10 years.
The new BP exploration venture in the Great Australian Bight will be supplied by oil and gas services company ASCO Group.
Two workers have been injured in a crane incident at a Port Hedland loading facility.
BHP Billiton chief Andrew Mackenzie said calls to reduce iron ore production in the light of falling prices would only work to harm the Australian economy.
Around 100 employees remain trapped after a fire broke out at the Kusasalethu gold mine in South Africa.
Santos reported a net loss of $925 million in their 2014 full year results, and in response have frozen recruitment and payrises.
A mother and daughter have been arrested after occupying a tree for 20 hours in protest of Maules Creek mine.
Around 700 Macmahon workers will face the chopping block after FMG handed the Christmas Creek 2 contract to Downer EDI
There is a multitude of thread sealing and thread locking applications throughout the oil and gas industry, and conventional methods just aren’t holding up.
Brazilian miner Vale ramped up its iron ore production by 6.5 per cent last year.
A new 167 year life coal mine has opened in Russia.
Kingsgate Consolidated has been forced to keep its Chatree gold mine in Thailand closed.
Two tropical cyclones are currently working their way across northern Australian coastlines.
Over 100 people marched down the main street of Gunnedah yesterday in protest of Shenhua’s Watermark Coal project.
MacMahon Contracting has dropped 40 staff from their crews on the FMG Christmas Creek operation.
BHP Billiton has teamed up with the CSIRO for a marine research partnership that will focus on the World Heritage Listed Ningaloo Reef in Western Australia.
The rail line at Kankool will be reopened today following the derailment of 19 coal wagons.
Two employees at the Crinum mine in Queensland have lost their case against BHP in the Fair Work Commission over their right to seek paid parental leave.
The new Queensland Government has confirmed it will review all 100 per cent FIFO operations in the state.
Administration levies on exploration licences have caused a drop in the number of applications, according to AMEC.
A coal mine in New Zealand has reported a roof collapse.
Maptek has upgraded, and relaunched, Orelogy’s open scheduler as Maptek Evolution.
The South Australian Chamber of Minerals and Energy (SACOME) has appointed a new president, with Terry Burgess due to start the job on March 1.
In order to maintain a competitive advantage within the manufacturing arena, businesses that employ innovative technologies designed to improve production processes and reduce downtime will prosper. But with manufacturers’ production ...
A string of impairments due to the falling price of iron ore has seen Arrium post a first-half loss of $1.5 billion.
The review into mining royalties in Western Australia should be made public as soon as possible, according to mines minister Bill Marmion.
After a slight recovery in geoscientist unemployment numbers prospects have again dimmed for the sector.
Monadelphous has been hit by the slowdown in mining, posting a 23 per cent decrease in net profit.
Fortescue CEO Nev Power has pointed the finger at Rio Tinto and BHP as the culprits behind iron ore’s plummeting price.
‘Bat Attack’ protests are continuing at Maules Creek mine, with activists occupying trees in a bid to stop clearing activity.
The Department of Mines and Petroleum will showcase the latest developments in 3D geological modelling at an open day in WA next week.
Northern Star Resources has posted a massive 573 per cent net profit increase after successfully brining a host of newly acquired gold mines into production.
Aurizon employees have announced further strikes for the rail carrier in Queensland.
The QRC will hold a meeting with top mining companies to discuss safety issues after a spike in the number of deaths in the industry.
A worker who was involved in an underground incident at Glencore’s Ernest Henry Mine has passed away.
The CFMEU has called for an investigation into tyre-related fatalities after a man died at Anglo American’s Dawson mine on Monday.
A Chinese coal ship captain has been arrested for sailing through the Great Barrier Reef without a pilot.
ERA has posted a loss on net profits for the fourth year running, as the company moves closer to first ore from the Ranger 3 Deeps project.
Fortescue Metals Group has posted an 81 per cent profit slump due to the falling price of iron ore.
The NSW Minerals Council have launched a new attack on coal protesters, calling for the charity status of organisations like Lock the Gate to be revoked.
Mount Gibson Iron has posted a first-half net loss of $869.8 million due to the low price of iron ore and the closure of its Koolan Island mine.
The WA DMP has introduced a new system which will prevent large miners from getting the upper hand in applying for newly surrendered tenements.
The price of iron ore has jumped by three per cent to $65.10 a tonne.
Allegations of cheating continue as Indian police renew their call on Thiess managing director Bruce Munro to return to the country for questioning.
A rail bridge running near Rio Tinto’s Brockman 2 mine has collapsed.
The six day ‘bat attack’ rally kicked off in the Leard State Forest over the weekend with activists locking themselves to bulldozers at the Maules Creek mine site.
Head contractor at the Roy Hill project has transferred Laing O’Rourke’s terminated contract to Queensland company Goodline.
A coal train derailment in the Hunter region could leave the track out of action until at least Friday.
Two miners in WA have shown the world their romantic side, posting a video of themselves singing a Whitney Houston classic on Valentine’s Day.
The battle over House of Hancock has reached a head with Gina Rinehart set to pursue legal action in the NSW Supreme Court.
BHP’s Olympic Dam mine has been hit again, with a mill breakdown setting back production on site.
Alkane Resources’ Dubbo Zirconia Project has been recommended for approval by the Planning Assessment Commission.
The World Coal Association has called for more investment in cleaner coal technologies to meet energy demand while cutting carbon emissions.
Anglo American has announced its intention to sell its stake in both the Dawson and Foxleigh coal mines in Queensland.
The head of Thiess, Bruce Munro, is wanted by Indian authorities over claims of dodgy coal dealings in the nation.
A coal miner has been killed and another man seriously injured after a tyre exploded at Anglo American’s Dawson coal mine.
Local residents have confronted the Planning Assessment Commission at a consultation hearing for the Mandalong mine expansion.
Gina Rinehart has launched legal action against Channel Nine in order to seek access to the next episode of ‘House of Hancock’.
![Australian Mining Weekly News Wrap (13/02/15) [Video]](https://www.australianmining.com.au/wp-content/uploads/2016/04/rio-tinto-Brockman_4_Reclaimer_760b3dba-150x150.jpg)
This week brings news that Rio Tinto plans to cut costs at its iron ore business while Laing O’Rourke has lost a $215 million contract at Roy Hill mine. Elsewhere, ...
Rio Tinto has taken a hit of nine per cent on underlying earnings in 2014, compared to the previous year, despite a net increase of 78 per cent.
BP has taken the knife to positions at its Kwinana oil refinery in Perth.
Rio Tinto has announced a $500 million share buyback as part of its wider $2 billion capital return program.
The Palaszczuk government will need to step up to restore business confidence or risk losing Adani’s interest in the Carmichael coal project, IPA said.
Russia will begin building a new coal export terminal on its Pacific coast to increase its exports to Asia Pacific nations.
Investment in fossil fuel resources may suffer a small hit due to publicity generated by the inaugural Global Divestment Day.
Santos has advised the market of a massive $1.6 billion non-cash impairment charge in its latest accounts.
Bulga Coal have been found guilty of safety breaches for the 2010 injury of an underground worker.
Maptek has released I-Site Drive to allow for faster and more accurate stockpile volume reporting on mine sites.
Sandfire Resources has signed an agreement with juwi which will see the construction of a 10.6MW solar power station at its DeGrussa copper mine in Western Australia.
Leighton Holdings’ annual profit has been boosted by the sale of John Holland.
Havilah Resources will begin mining at its Portia mine north-west of Broken Hill, in South Australia.
Women are consistently achieving greatness in their chosen fields within the mining, engineering and manufacturing industries and we think their talent should be acknowledged.
Laing O’Rourke has lost a $215 million contract at Roy Hill mine after a commercial dispute with head contractor Samsung C&T.
The WNA has welcomed South Australia’s review into whether the state should expand the role of nuclear energy in the state.
Hexagon has launched a mining focused division on the back of Africa’s Mining Indaba.
Hunter Valley Liberals visited Centennial Coal’s Myuna coal mine yesterday to fight against a Greens policy which plans to end coal mining.
Rio Tinto’s iron ore business is set to engage in a series of heavy cost cutting measures, according to an internal document leaked to Australian Mining.
A rock fall at BHP Billiton’s Olympic Dam mine site in South Australia has claimed the life of a 47-year-old man.
Gold and tin miner Metals X is set to acquire a 75 per cent interest in the Central Tanami gold project.
NuCoal will be in the High Court this week fighting to have its corrupt exploration licence reinstated.
Aditya Birla has appointed Neela Patnaik as its new CEO.
Bradken has blamed ongoing volatility in a number of commodity and mineral markets for its 63 per cent profit decline.
Rinehart has accepted an award for Roy Hill after FinanceAsia named the project Deal of the Year in 2014.
The Ridges iron ore mine in the Kimberly has been put on care and maintenance, after exhausting the high grade reserve.
An investment company out of the US has taken a 5 per cent stake in Fortescue Metals Group.
The West Australian government received more mining applications in the December quarter of 2014 than at any time since 2011.
A royal commission will examine the potential for SA to increase its role in the nuclear production cycle, announced by premier Jay Weatherill on Sunday.
The University of Sydney has joined ANU and the University of Maine by divesting stocks to become more environmentally sustainable.
An economist has warned that the price of iron ore could fall to lows of $US30 a tonne.
With Australian industry continuing to seek ways to minimise costs, it is also being faced with the need to adhere to regulated efficiency standards and levels in Australia and worldwide. ...
The NSW Greens want to end all coal mining in the state and create a new economic model by focusing on renewable energy.
In the wake of the controversial ‘House of Hancock’ screening last night, Hancock Prospecting’s Tad Watroba has spoken out against the show’s accuracy.
The miner has today announced it is reducing its workforce at the Drayton coal mine as reserve levels dwindle.
Iron ore exports are up 30 per cent; The ATO works towards self-auditing for big business; Labor reiterates policy against 100 per cent FIFO.
First Quantum Minerals will cut 50 jobs at the Ravensthorpe nickel mine, positions which are no longer required after the temporary closure in December.
Arrium is selling its Wire Ropes business in Newcastle to a Danish firm for $90 million.
Around 40 to 50 workers will be laid off at the Toowoomba headquarters of Russell Mineral Equipment.
Downer EDI said it may be forced to cut jobs after posting a four per cent decline in profit.
New research is attempting to reconcile the many varying theories on how the world’s largest gold deposits, in South Africa’s Witwatersrand, formed.
MacMahon Holdings has announced a $135 million writedown as challenging conditions in the mining market continue to put the strain on contractors.
Northern Territory Worksafe are investigating a lifting accident at the INPEX Browse Basin construction project at Blaydin Point.
BHP Billiton has been forced to scale back mining operations at its bauxite mine in Boddington today due to visibility issues from the bushfire south-west of the site.
The Roy Hill project will come under further scrutiny after a lifting accident occurred while moving a heavy construction module yesterday.
Copper miner Sandfire Resources launched legal action yesterday over last year’s resource portfolio divestment by Australian National University.
Unemployment has jumped in the Hunter Valley, with new figures showing NSW coal production jobs have fallen below 20,000 for the first time since 2010.
A Hunter Valley student has won a $34,000 engineering scholarship from Rio Tinto’s Bengalla coal mine.
A $140 million gas pipeline slated for WA’s Eastern Goldfields is ramping up as more piping arrives for construction.
An abandoned mine in the US has been turned in to the largest indoor bike park in the country.
Confusion has arisen over QLD Labor’s FIFO policy following clarification over frontbencher Jackie Trad’s comments yesterday.
A new ALP Queensland government is against the use of a 100% FIFO workforce and plans to ban the practice.
The extra tonnages of iron ore the major miners are exporting is highlighted in official figures released by the Pilbara Port Authority.
Former Wallabies captain David Pocock has beat all charges following his arrest for protesting against the Maules Creek coal mine.
Large mining companies may avoid public scrutiny over their taxes if the Abbott government complies with calls for amendments to tax law.
BHP Billiton has partnered with the CSIRO to award two Australian high school students science and engineering awards.
Dredging at Abbot Point will be delayed further until the incoming Queensland government takes a position on port expansion and rail infrastructure.
Heavy equipment manufacturers Caterpillar, Komatsu and Volvo have been hit with an anti-trust lawsuit in the US for anticompetitive conspiracy.
Whitehaven Coal’s Maules Creek mine was officially opened by NSW Premier Mike Baird yesterday.
Laserbons had seen positive results from its Down-the-Hole hammer and drilling component trials.
Sandvik has announced it will close its Wollongong operations and reduce its Kalgoorlie site in the wake of continuing mining uncertainty.
Barrick Gold US have made a bulk order of light vehicles from Ford, after having been chosen to test the prototype 2015 Ford F-150 trucks.
NSW Premier Mike Baird was confronted by anti-mining protesters when he landed in Tamworth this morning.
The Australian government has pledged $25 million in funding for Carbon Capture Storage research at the Otway facility in Victoria.
Rio Tinto’s Bengalla mine has been granted approval by the Planning Assessment Commission.
A board game where players take the role of a pioneer in the US’ first mining boom in the 1840s has been created.
The Planning Assessment Commission has approved the expansion of Yancoal’s Moolarben coal mine.
The daughter of late iron ore magnate Michael Wright has issued a wish list of bizarre and extravagant “needs” to increase her claim on his estate.
NT chief minister Adam Giles has been dumped as territory head following mining minster Willem Westra van Holthe’s challenge.
Because pictures of mining-related stuff is the coolest!
BHP Billiton has begun an appeal against the multi-million dollar payment awarded to a dying mesothelioma victim.
It was the protest last year that saw a woman dressed as batgirl scale a coal loader at Boggabri coal mine, and it’s back.
Nominations are now open in South Australia for the Premier’s Community Excellence Awards in Mining and Energy.
BC Iron is looking to renegotiate the terms of several of its workforce contracts in order to save money amid the weak price of iron ore.
Poland’s coal mining industry has ground to a halt, as miners plan to go on a nationwide strike on Monday February 2.
The falling price of coal has been blamed for Whitehaven Coal’s first-half loss of $79 million.
Boart Longyear has signed a commercialisation agreement with the DET CRC for its in-hole sensor technology.
Indian miner Adani has reiterated its commitment to building the Carmichael coal mine, undeterred by the prospect of a new Labor government in Queensland.
Predicted job numbers for Galilee Basin coal projects are in doubt, resulting in a complaint being lodged with the ACCC
Investigations are continuing into an incident in which an iron ore train hit a grader working on a rail in the Pilbara.
The inaugural Hunter Mining Show, the launch event for the Hunter Coal Festival, is looking to greater community and resources engagement in the region.
Northern Star Resources said it bagged a hat-trick in the December quarter that saw solid production, low costs and strong cashflow.
Northern Territory mines and energy inspectors have declared the Roper River iron ore mine does not posed an environmental risk during the wet season.
Newcrest has lifted its full-year production guidance after posting strong results in the December quarter.
ABM Resources has awarded Resource Mining the contract to mine its Old Pirate Gold project.
Plans for setting up a mines rehabilitation advisory council have been scrapped by NSW state government.
Shenhua’s huge Watermark Coal project in north-west New South Wales has been given the green light by the Planning Assessment Commission.
In a legal first a West Australian crane designer has been fined $16,000 in relation to a 2013 crane accident at Karara.
A new Mining Leaders’ Program has developed to help “the address the global shortage of future leaders in the industry”.
In the wake of falling copper prices jobs will be cut at Olympic Dam as BHP looks to reduce costs.
The CFMEU claims BHP is planning to reopen its Norwich Park coal mine in Queensland with workers sourced from Adelaide and Melbourne.
The South Australian Chamber of Mines and Energy has welcomed news that OZ Minerals is moving its HQ from Melbourne to Adelaide.
Fortescue Metals Group slashed its iron ore production costs by 11 per cent in the December quarter while shipping 47 per cent more of the commodity.
Alkane Resources has upgraded its full-year gold production guidance after posting a solid December quarter result.
Glencore subsidiary Optimum is considering a closure of some of its operations in South Africa, with a review likely for Australian coal operations.
Another domino has toppled in the global divestment movement, with the University of Maine divesting from direct holdings in coal-mining companies.
Iron ore has continued its losing streak, down to a new five-year low overnight.
The Victorian Parliament has announced an extension to the moratorium on coal seam gas exploration, pending a new inquiry into the impact of the industry.
Anglo American has warned the market to expect writedowns when it releases its full-year financial results next month.
South Cross Electrical Engineering’s managing director Simon High has announced he will retire.
Gregory Boyce is set to step down as the CEO of Peabody Energy in May, with company COO Glenn Kellow to take his place.
Domestic gas prices are predicted to rise sharply as a result of the increased export of LNG from Australian projects.
A proposed acquisition of Bradken has collapsed as mining markets remain volatile.
Iron ore miner Mount Gibson has announced a $950 million writedown due to the low price of iron ore and the closure of its Koolan Island mine.
Caterpillar has seen lowered results following continued depression in commodity and mining markets.
Export earnings from LNG are set to tumble from earlier expectations, due to the dive in global oil prices.
Ravensthorpe nickel mine in Western Australia is set to reopen after a chemical spill closed the site in December.
Sandfire has released its latest results, highlighting its plans to extend its DeGrussa’s mine life into 2021 and increases its resources.