News

Chinese iron ore facing apocalypse (0) May 14, 2015 Chinese iron ore production will contract as it faces shrinking demand and cheaper high quality imports.
IFOY 2015: Jungheinrich Nominated in All Categories (0) May 14, 2015 Once again, Jungheinrich is showcasing its innovative prowess in the fields of forklift trucks, warehousing equipment and sophisticated intralogistics solutions this year at the International Forklift Truck of the Year-Award ...
SEW-EURODRIVE to launch X Series Agitator range at AIMEX (0) May 14, 2015 The new application gear units for agitators will be showcased by SEW-EURODRIVE at the upcoming Asia-Pacific International Mining Exhibition in September.
2015 probably the pits for mining industry, says Orica’s acting CEO (0) May 13, 2015 Orica’s interim CEO has said 2015 is likely rock bottom for the mining industry and there’d be fierce competition among explosives companies.
BHP Billiton is taking a knife to capital expenditure (0) May 13, 2015 BHP Billiton chief executive Andrew Mackenzie has used a mining conference to announce his company will slash capital expenditure.
Graphene to disrupt commodity demand (4) May 13, 2015 With miners looking for a turn in the market cycle, talk at the Sydney Resources Round-up looked further ahead to new technologies.
QRC welcomes $5 billion infrastructure loans (0) May 13, 2015 The Queensland Resources Council has welcomed the federal government’s announcement of a $5 billion infrastructure initiative for northern Australia in its 2015 Budget.
$90 billion: the downgraded value of forecast iron ore exports (0) May 13, 2015 The 2015-16 budget has seen the government lower its iron ore price forecast to an average of $US48 a tonne.
Hastings Deering to cut 100 jobs (0) May 13, 2015 Hastings Deering will cut 100 jobs at the mining industry slowdown continues.
FIFO miners the big losers in the budget (0) May 13, 2015 Fly in fly out miners have been targeted in this year’s budget, with the government set to slash Zone Tax Offsets.
Arctic uranium mine rejected (0) May 13, 2015 A proposed uranium multi-billion dollar uranium mine slated for Canada’s Arctic region has been knocked back.
Miner dies at Nifty copper mine (6) May 12, 2015 A contractor has died following an incident overnight at Aditya Birla’s Nifty copper mine.
Oil and gas logistics hub planned for Koolan Island (0) May 12, 2015 Koolan Island has been flagged for establishment of a new logistics base to service the oil and gas industry in Western Australia.
85 jobs cut as Alcoa closes mine and power station (0) May 12, 2015 Alcoa has announced it will close the Anglesea coal mine and power station near Geelong, costing 85 jobs.
Archer secures Campoona graphite resource (0) May 12, 2015 Archer Exploration moved a step closer to mining graphite on the Eyre Peninsula with the acquisition of land occupied by the Campoona resource.
BHP Billiton and beyondblue embark on mental health roadshow in the Pilbara (0) May 12, 2015 BHP Billiton has partnered with beyondblue to provide thousands of Pilbara employees with mental health resources as part of a special roadshow.
Tax crackdown in 2015 budget (0) May 12, 2015 Federal treasurer Joe Hockey has put multinational companies on notice with plans to crack down on profit shifting measures in the 2015 federal budget.
Perilya in talks to reopen its Northern Operations (0) May 12, 2015 Management of mining company Perilya is pushing for its board to approve the reopening of Broken Hill North mine after being closed for more than 20 years.
West Pilbara infrastructure project delayed (6) May 12, 2015 Aurizon Holdings has pushed back deadlines for the West Pilbara Iron Ore Project after talks with joint venture partners.
Andrew Forrest’s war on iron ore competitors has just kicked up a gear (0) May 11, 2015 Founder and chairman of FMG Andrew Forrest has called on the public to write to their local MPs and question whether Rio Tinto and BHP Billiton have a licence to ...
Rio’s coal boss says a price recovery is years away (0) May 11, 2015 Rio Tinto’s newly appointed coal boss says it will be a long time before the thermal coal price recovers.
Watpac wins new gold mine contract (0) May 11, 2015 Watpac has been awarded the contract for Ramelius Resources’ newly approved Kathleen Valley gold mine.
ANZ slashes iron ore price outlook (78) May 11, 2015 ANZ has cut iron ore price forecasts for the next two years as a result of expanded low-cost supply and flat demand.
Greenlight given for new WA gold mine (2) May 11, 2015 Ramelius Resources has been given the go ahead for the commencement of mining at the Kathleen Valley gold project.
BSGR forced to hand over documents in Simandou scandal (0) May 11, 2015 BSG Resources legal team will be forced to provide thousands of documents relating to their disputed acquisition of the Simandou iron ore blocks in Guinea.
Explosive truck catches fire (4) May 11, 2015 An ammonium nitrate truck has caught fire, shutting down a major highway.
Reducing mine operating costs with outsourced spend management (0) May 11, 2015 With the depressed commodity prices, mining operations are continually striving to reduce costs to remain competitive. Outsourcing spend management is an option to reduce costs.
Why is Metal Free Anti-seize Important to You and Your Equipment? (0) May 11, 2015 Most maintenance staff in industries could describe the benefits of good quality anti-seize lubrication such as protection of metal parts from rust, corrosion, galling, and seizing.
Aimex 2015 Offers Mining Professionals Access To Crucial Mets Suppliers (0) May 11, 2015 Mining regions throughout the world are facing increasing challenges to their ability to conduct profitable and successful operations due to global economic volatility, reductions in commodity prices, restricted budgets and ...
Best mining accounts to follow on Twitter (0) May 8, 2015 Twitter is a great way for mining companies to show the public what they’re all about, and some have nailed the medium to create entertaining content for us tweet-heads.
Rio Tinto to plough ahead with expansion (0) May 8, 2015 Rio Tinto will not be swayed from the path of iron ore expansion, shareholders heard at yesterday’s AGM.
Glasenberg blames oversupply for falling commodity prices (0) May 8, 2015 Glencore chief Ivan Glasenberg has once again hit out at miners for not understanding supply and demand.
MP Pearce to remain Natural Resources Committee chairman (0) May 8, 2015 Qld premier Annastacia Palaszczuk has reiterated support for MP Jim Pearce as chairman of the Infrastructure, Planning and Natural Resources Committee.
WDS wins Arrow Energy expansion contract (0) May 8, 2015 WDS has won the contract for works on Arrow Energy’s Daandine Expansion project.
Stockton coal mine slashes jobs (0) May 8, 2015 Embattled New Zealand miner Solid Energy has cut more than 150 positions from its Stockton coal mine as its future looks in doubt.
Archer graphite proves suitable for batteries (0) May 7, 2015 Graphite junior Archer Exploration added 39 per cent to their stock value thanks to CSIRO testing of samples from their Campoona resource.
Member for Mirani strikes out at miners (0) May 7, 2015 A Qld MP caused a backlash from colleagues, industry and the media over comments about the need for greater government control over mining companies.
Stolen mining explosives promised to bikie gang (0) May 7, 2015 A Perth man has been refused bail after he was charged with receiving and being in possession of 100kg of explosives which were allegedly stolen from Higginsville mine.
Rio Tinto to face rehab and labour hire concerns at AGM (0) May 7, 2015 Today’s Rio Tinto AGM in Perth will hear concerns about rehab of the Ranger Uranium Mine, and the casualiation of Australian coal mining workforces.
AWE makes new gas discovery in Perth Basin (0) May 7, 2015 AWE has made a new gas discovery at its Irwin and Synaphea structures, supporting its earlier massive Waitsia discovery.
Iron ore back past $US60 a tonne (0) May 7, 2015 The price of iron ore has moved past $US60 a tonne for the first time in eight weeks.
Russell Vale coal restarts longwall mining (0) May 7, 2015 Wollongong Coal’s embattled Russell Vale coal mine has recommenced longwall mining from part of its longwall-6 block.
South32 is go after BHP Billiton shareholders back demerger (0) May 7, 2015 BHP Billiton shareholders have voted in favour of a demerger which will see the creation of multi-billion dollar mining company South 32.
Another miner buys in to marijuana (0) May 7, 2015 International Goldfields has joined the current trend of miners moving into medical marijuana after acquiring Winter Garden Biosciences.
The Evolution of Global Trade Finance at Your Fingertips (0) May 7, 2015 The Australian mining industry is under increasing pressure to improve operational efficiencies while keeping costs to a minimum.
BHP Billiton partnership to support Reconciliation (0) May 6, 2015 BHP Billiton has announced a $3.9 million partnership with Reconciliation Australia to deliver a program aimed at promoting reconciliation in schools.
North Queensland zinc drill campaign to commence (0) May 6, 2015 A new diamond drilling program will start at the Thalanga Zinc Project, the first exploration there since 1998.
BHP Billiton defends iron ore strategy in memo to employees (0) May 6, 2015 In the face of growing criticism from FMG’s founder and chairman Andrew Forrest, BHP Billiton iron ore president Jimmy Wilson has sent a note to staff defending the company’s strategy.
Unpaid fuel bill leads to coal ship arrest (0) May 6, 2015 A coal ship has been arrested near Newcastle in relation to allegations of non-payment of a fuel bill in China.
Komatsu launches new rental business (0) May 6, 2015 Komatsu Australia has launched a new equipment rental business in Australia and New Zealand.
BHP Billiton shareholders to vote on historic demerger (0) May 6, 2015 Today is the day BHP Billiton shareholders will vote on whether to approve a spin-off of the company’s non-core assets which will create a new miner called South32.
VALMEC wins goldfields pipeline contract (0) May 6, 2015 VALMEC has won the contract to build the Eastern Goldfields Pipeline in Western Australia.
Clive Palmer cleared of fraud charges (0) May 5, 2015 Federal MP Clive Palmer has been cleared of misappropriating $12.167 million of funds from Chinese mining company Citic.
Aurizon’s new EAs to face Federal Court appeal (0) May 5, 2015 Aurizon has said it will wait until the Rail Tram and Bus Union’s appeal is heard in the Federal Court before suspending 12 existing enterprise agreements.
Anglo American start grazing trial on rehabilitated mine (0) May 5, 2015 Anglo American has launched a livestock grazing trial on nearly 50 hectares of rehabilitated mine land at its Dartbrook coal mine.
Price of iron ore on the rise again (0) May 5, 2015 The price of iron ore has gained three per cent since two of the world’s biggest miners announced plans to slow-down production.
Rio Tinto partners with Mackay Engineering College (0) May 5, 2015 A new partnership between Rio Tinto’s Hail Creek Mine and the Mackay Engineering College will look to boost the local trade skills base in the region.
New Townsville port berth opens (0) May 5, 2015 The new joint venture berth facility between Glencore, Incitec Pivot, and the Port of Townsville is now operational.
McAleese warns of hefty earnings dive (0) May 5, 2015 Transport contractor McAleese has warned of a massive earnings drop due to the impact of its altered contract with Atlas Iron.
First ever diamond indicator plant discovered (0) May 5, 2015 A new plant which could help geologists in the hunt for diamonds has been uncovered in Africa.
Goodline’s bad FIFO roster a mistake (0) May 4, 2015 Construction and maintenance contractor Goodline have raised eyebrows with a job advertisement offering a 12/1 FIFO roster in Port Hedland.
WorleyParsons to cut 2000 jobs (0) May 4, 2015 Global engineering firm WorleyParsons is slashing 2000 jobs and has booked a $125 million charge for fiscal 2015.
Mt Lyell mine to re-open soon (0) May 4, 2015 Copper Mines of Tasmania have taken a step forward in re-opening the Mt Lyell mine after getting the greenlight for planned recommencement of operations.
Improving Haul Road Safety with Water & Dust Optimisation (0) May 4, 2015 Haul roads are an integral part of the mine site, but issues associated with overwatering and dust control continue to place haul road safety under the spotlight.
Settlement for Macmahon shows on ASX (0) May 4, 2015 MacMahon will receive a payout of $19 million as settlement relating to termination of a shaft-sinking contract in 2013.
Aurizon ready to usher in new enterprise agreements (80) May 4, 2015 Aurizon’s vice president Scott Riedel says new enterprise agreements set to come into effect from May 18 would be free of the “iconic flaws” of the expired contracts.
EPA questioned over BHP Mt Arthur pollution case (0) May 4, 2015 The Environmental Protection Authority (EPA) has faced criticism for failing to publically reveal details of a pollution case with BHP.
Rio Tinto CEO says iron ore demand still strong in Asia (0) May 4, 2015 Rio Tinto CEO Sam Walsh says commodity markets must remain open as debate continues to rage over his company’s iron ore strategy.
Shave your beard, or else… (0) May 4, 2015 The Fair Work Commission has upheld the decision to sack a BHP employee who refused to shave off his beard.
Downer wins Cobar underground mining contract (0) May 4, 2015 Downer has been awarded the $70 million contract for mining at Glencore’s CSA mine.
New wet gas discovery in South Australia (0) May 4, 2015 A Drillsearch Energy and Santos joint venture have made a new gas discovery in the Cooper Basin.
St Barbara sells embattled Gold Ridge project (0) May 1, 2015 St Barbara has sold its embattled Gold Ridge project in the Solomon Islands to local landowners.
Atlas Iron to reopen mines (0) May 1, 2015 Atlas Iron has surprised the market by deciding to keep production up and running at two of its mines.
Job cuts at Ravensthorpe nickel mine (0) May 1, 2015 First Quantum Minerals is set to cut jobs at its Ravensthorpe mine in Western Australia.
Chevron makes massive natural gas discovery (0) May 1, 2015 Chevron has made a new offshore natural gas discovery in the Greater Gorgon area in the Carnarvon Basin.
ACCC says FMG’s Andrew Forrest has no case to answer (0) May 1, 2015 The Australian Competition & Consumer Commission said FMG chairman Andrew Forrest does not have a case to answer after comments he made about capping iron ore production.
Seaborne iron ore market is doomed says Cliffs CEO (0) May 1, 2015 Head of Cliffs Natural Resources Lourenco Goncalves has accused Rio Tinto and BHP Billiton of “terrorising” the iron ore market, and said he can’t wait to close his mine and ...
Boart Longyear sees changes at the top (0) May 1, 2015 A senior Boart Longyear manager has stepped down as the company restructures.
Viento enters administration (0) May 1, 2015 Contracting company Viento has entered voluntary administration amidst difficult market conditions.
Haul Road Management: Water, Dust & Safety Control (0) May 1, 2015 Technological advancements continue to change the way the mining industry works.
On-Demand vs. Service Plan for Electrical System Maintenance Programs (0) May 1, 2015 Each day, businesses increase their demands on their electrical infrastructure.
Sandfire satisfied on ANU divestment profile (0) April 30, 2015 Federal court proceedings against CAE have been discontinued, following admission they supplied deficient and inaccurate reports about Sandfire Resources.
Forrest has another go at BHP and Rio for iron ore oversupply (0) April 30, 2015 Andrew “Twiggy” Forrest has again hit out at the iron ore strategies of Rio Tinto and BHP Billiton, claiming a falling iron ore price will affect Australian living standards.
New technology for gold detection at the rig (0) April 30, 2015 Researchers at the University of Adelaide have developed a new method for detecting trace amounts of gold in ore samples at the drill rig.
Iron ore’s winning streak has come undone (0) April 30, 2015 Iron ore’s winning streak has come to an abrupt halt with the commodity plunging 4 per cent.
Monax to go ahead with nickel exploration (0) April 30, 2015 The Western Gawler Craton project in South Australia will be able to move ahead after the signing of a Native Title Mining Agreement.
Vale keeps quiet about new megacarriers (0) April 30, 2015 Vale is in talks with Chinese shipbuilders to arrange construction of 50 new Valemax carriers.
Aurizon workers take strike action (0) April 30, 2015 Queensland coal trains were stranded yesterday after Aurizon workers went on a 24-hour strike.
OceanaGold to acquire Newmont’s NZ gold mine (0) April 30, 2015 OceanaGold has signed a Letter of Intent to acquire Newmont’s Waihi gold mine in New Zealand.
Barrick’s new gold discovery turning heads (0) April 30, 2015 A new discovery by Barrick in South America looks to be one of the largest gold discoveries of recent times, which is show promise as a mine.
Better Than A Bird: Portable Wireless Gas Safety for Confined Spaces (0) April 30, 2015 Once upon a time, the “canary in the coal mine” was a worker’s only hope of surviving an industrial gas leak and its ensuing disaster.
FMG cuts haulage jobs at Cloudbreak (0) April 29, 2015 The employment fears of FMG workers at the Cloudbreak iron ore mine were realised today with a number of truck drivers sacked this morning.
Lincoln Minerals steps closer to next graphite mine (0) April 29, 2015 South Australia will see a second graphite mine open in 2016, government permissions pending.
First coal leaves WICET (1) April 29, 2015 The Wiggins Island Coal Export Terminal is officially up and running after the first shipload of coal left the facility this week bound for Singapore.
Kingsgate appoints new CEO (6) April 29, 2015 Kingsgate Consolidated have appointed Greg Foulis as its new CEO.
Coal haulage to resume in Hunter Valley (0) April 29, 2015 Coal rail haulage in the Hunter Valley is expected to resume this afternoon, thanks to maintenance works following the storms and flooding of last week.
Iron ore price continues its upsurge (0) April 29, 2015 Iron ore’s winning streak shows no signs of slowing down, with the commodity just cents away from $US60 a tonne.
Ulan coal mine cuts 75 jobs (0) April 29, 2015 Glencore has slashed 75 jobs from its Ulan coal mine, near Gulgong, NSW, as part of its wider operational reduction.
Agnew Gold fined for safety incident (0) April 29, 2015 Angew Gold has been fined $75,000 for an underground safety incident in which three workers were injured.
BHP Billiton wants more girls to study maths (0) April 29, 2015 BHP Billiton has launched a $22 million partnership with the Australian Mathematical Sciences Institute to increase the representation of women in the field of mathematics.
Make Hand Safety Your Competitive Edge & Win Contracts (0) April 28, 2015 Major and potentially debilitating costs to businesses exist in the area of Lost Time Injuries (LTIs) and loss of workable time.
Premier to get his hands dirty in NSW coal (0) April 28, 2015 NSW premier Mike Baird’s visit to the Hunter Valley today has been welcomed by NSW Mining, with attendance expected at mining projects in the region.
BHP admits to minimal tax in Singapore (0) April 28, 2015 In the wake of the April 10 Senate Inquiry BHP have been forced to reveal their effective tax rate on profits at their Singapore Trading Hub.
Bianca Rinehart claims emails deleted (0) April 28, 2015 The dispute over ownership of Hancock Prospecting has led to accusations of privacy breaches in court yesterday.
McAleese extends trading halt as talks with Atlas Iron continue (0) April 28, 2015 Transport contractor McAleese said it has had a number of constructive discussions with Atlas Iron which could lead to supporting ongoing mining and haulage activities from Atlas’ mines.
WA government faces criticism over airport project (0) April 27, 2015 Australia’s FIFO hub, Perth Airport, has seen air travel demand plateau in the FIFO and broader market.
Metgasco seeks compo from NSW government (0) April 27, 2015 The NSW Supreme Court has ruled to allow Metgasgo to drill at Bentley, overturning a state government decision which banned the company from drilling in the face of large protests.
Macmahon to cut 40 jobs (0) April 27, 2015 Mining service contractor Macmahon Holdings is set to cut jobs and alter work rosters.
Iron ore price surge continues (0) April 27, 2015 The price of iron ore is closing in on the $US60 a tonne mark after enjoying a surge of more than 5 per cent.
Triton graphite strikes Chinese deal (0) April 27, 2015 Graphite explorer Triton Minerals has announced a major offtake deal which will see $255 million invested into their Nicanda Hill operation.
Wormald to supply vehicle fire suppression kits to Komatsu (0) April 27, 2015 Wormald is partnering with Komatsu to provide vehicle fire suppression kits for mobile equipment as part of a national supply agreement.
News in Focus – Weekly Wrap [VIDEO] (0) April 24, 2015 This week we look at further iron ore production increases, gold mining jobs on the rise in Western Australia, and activists charged over Whitehaven coal protests.
Rio and BHP buy into own iron ore propaganda (0) April 24, 2015 A forecast used by Rio Tinto and BHP about China’s prospective peak to steel production has been criticised by a former executive.
Northern Star posts solid production results (0) April 24, 2015 Northern Star Resources is debt free and on track to meet its full-year production guidance.
Hockey hopes for iron ore reduction (0) April 24, 2015 BHP have pledged to slow their iron ore expansion plans, earning praise from Treasurer Joe Jockey.
New gold discovered on Yorke Peninsula (0) April 24, 2015 Investigator resources have announced elevated gold and copper assays from their Yorke Peninsula drill program early this year.
Iron ore sees another price rally (0) April 24, 2015 Iron ore has continued its winning streak for the sixth straight day.
Fortescue increases bonds issue (8) April 23, 2015 Fortescue Metals Group have launched back into the bonds market, continuing with debt repayment strategies.
BC Iron cutting costs in the face of low iron ore price (0) April 23, 2015 BC Iron said it will continue to cut costs and make pragmatic decisions as the iron ore price bites into the miner’s breakeven costs.
Newcrest reports improved gold performance (0) April 23, 2015 Gold production is up for Newcrest Mining in 2015, thanks to ramping up at the Cadia East mine, in Papua New Guinea and the Ivory Coast.
Price of iron ore on the way up (0) April 23, 2015 The price of iron ore has surged past $US52 a tonne for the first time since late March.
Aurizon enterprise agreements cancelled (0) April 23, 2015 Aurizon rail workers are up in arms after a Fair Work Australia decision quashed 12 expired enterprise bargaining agreements covering 6000 employees.
Hunter Valley storm forces coal mines to close (0) April 23, 2015 Glencore’s open-cut coal mines in the Hunter Valley are slowly returning to production after being forced to shut due to severe storms earlier this week.
Diversity the new key to shareholder value at BHP (0) April 22, 2015 Staff diversity and inclusion is a source of competitive advantage in the resources industry, and will become part of company management strategy.
Cost vs Hand Safety: Technology Ending the Tug-of-War (0) April 22, 2015 We can all relate to the fact that technology is ever-evolving; constantly changing, improving and being updated to make our lives easier and safer in every way.
Sand miner cleared of illegal activities (0) April 22, 2015 Sand miner Sibelco have been found not guilty of illegal sand extraction on Stradbroke Island.
Whitehaven Coal protestors face court (0) April 22, 2015 Two anti-mining activists faced Gunnedah Local Court on Monday after using cement to lock themselves inside the Whitehaven Coal Washery last year.
Gold mining jobs on the rise in WA (0) April 22, 2015 The Hays Quarterly employment report has shown subdued activity in the mining sector, with the only hope to be seen in gold exploration and production.
Atlas Iron extends trading halt (0) April 22, 2015 Atlas Iron wants to extend its trading halt for a further three weeks as it continues a company-wide operational and financial review.
BHP Billiton lifts iron ore production (0) April 22, 2015 BHP Billiton has announced a 20 per cent increase in iron ore production, resulting in the miner lifting its full year guidance.
Tychean reports high grade gold results (26) April 22, 2015 Australian explorer Tychean Resources have turned in new drilling results to the ASX, with promising mineralisation at the Redback prospect.
Conquer Industrial Corrosion & Extend Asset Life (0) April 22, 2015 In an industry that is under increasing pressure to keep costs to a minimum while improving operational efficiencies, finding ways to extend the life of critical structures and equipment in ...
Mobile camp saves three hour commute for Roy Hill workers (0) April 21, 2015 The CEO of Roy Hill Station has commended contractors that finished construction of a new camp last month, which has saved some workers a three hour commute from Newman.
Ausdrill fetches new African contract (1) April 21, 2015 Ausdrill have announced a new contract awarded to subsidiary company African Mining Services (AMS).
Mining house prices heading south with commodities (0) April 21, 2015 Property prices have plummeted in mining towns around Australia, closely tied to commodity prices according to a new report.
Oz Minerals reveals details of strategic review (0) April 21, 2015 Following a three-month strategy review, Oz Minerals revealed it will focus on growing its business by acquiring high value copper assets.
Arrium producing loss-making iron ore (0) April 21, 2015 Iron ore miner Arrium sold the commodity at close to a $9 loss per tonne during the first quarter.
The Potential of 3D Printing in the Manufacturing Realm (0) April 21, 2015 3D printing is revolutionising the way things are made.
Rio Tinto ups iron ore and coal production (0) April 21, 2015 Rio Tinto has announced a 12 per cent increase in iron ore production, with shipments of the commodity up by 9 per cent.
Get Your Trucks in a Row: 10 Reasons Supplier Pre-qualification Matters (0) April 20, 2015 Success within the mining industry, especially in the current economic climate, relies on the sum of parts of a large supply chain or production line.
WA uranium explorer expands resource estimates (0) April 20, 2015 Uranium explorer Vimy Resources have announced a resource upgrade at their Mulga Rock project.
Australia’s top miners down $20 billion (0) April 20, 2015 Australia’s wealthiest miners have lost nearly $20 billion in value since the peak of the iron ore mining boom.
Rio Tinto powering ahead with Pilbara iron ore expansion (0) April 20, 2015 Rio Tinto CEO Sam Walsh said the state of the iron ore industry is rational, normal economics which will ultimately see more high-cost producers exit the market.
Newsat enters administration, bankruptcy (0) April 20, 2015 A company which was set to provide satellite based exploration services in Australia has entered administration with hundreds of millions in debt.
FMG cuts costs, lifts iron ore export target (0) April 20, 2015 Fortescue Metals Group says it will bring its break even costs down to $US39 a tonne as it plans to ship 5 million tonnes more of iron ore.
Capital Mining goes to pot (5) April 20, 2015 An Australian exploration company has set its sights on being Australia’s first domestic marijuana grower, based in Tasmania.
Whitehaven’s Maules Creek mine helps lift coal sales (0) April 20, 2015 Whitehaven Coal’s Maules Creek mine is over 93 per cent complete, with the company already producing 1.1 million tonnes of coal at the project in the March quarter.
Introducing the iQbolt: A Bolt with Visual Tension Indicator – Part 2 (0) April 20, 2015 Keeping maintenance times and associated costs to an absolute minimum is vital in both the Oil & Gas and Mining industries.
Mt Isa business voices support for uranium (0) April 17, 2015 Mt Isa local business lobbyists have voiced their support for restarting uranium mining in Queensland’s northwest.
OZ Minerals takes two SA awards (0) April 17, 2015 South Australian companies have received high commendations for their achievements, at a gala awards night held by SACOME.
Rio Tinto apprentice takes top award (0) April 17, 2015 Rio Tinto can have faith in their apprenticeship program after a Mount Thorley Warkworth employee was recognised as apprentice of the year.
New SA gold miner pushes ahead development (0) April 16, 2015 South Australia’s newest gold project is targeting their first pour in just over 12 months.
New automation systems at BHP Mooka rail (23) April 16, 2015 BHP have announced their decision to use a new cloud-based platform to manage costs on their productivity drive at the Mooka iron ore rail car facility.
Court rules against Japanese nuclear restart (0) April 16, 2015 Japan’s nuclear restart program has been stalled, with a court halting plans to turn back on two operations in the city of Takahama.
Jobs lost at Mount Owen as Glencore cuts production (0) April 16, 2015 Hunter Valley miners face another round of job cuts, this time 70 to go from the Mount Owen Coal Mine.
High Court rules for corrupt coal licences to stay cancelled (0) April 16, 2015 Two coal mining companies have lost High Court bids to have their exploration licences reinstated after they were found to be corrupt by an ICAC inquiry.
Graphite CEO steps down (1) April 16, 2015 Graphite explorer Lamboo Resources will be on the hunt for a new leader after the resignation of managing director and CEO Richard Trevillion.
China’s slow growth pushes iron ore price down (0) April 16, 2015 After two days of gains, the price of iron ore has once again fallen below $US50 a tonne as growth data out of China highlights a hefty slowdown.
The Whole Package: Safe & Efficient Drive Solutions (0) April 16, 2015 With Australian industry being hard pressed to minimise costs and improve operational efficiencies, it is also faced with the need to adhere to regulated safety and energy efficiency standards both ...
Greenfields exploration funding boosts SA projects (0) April 15, 2015 Exploration company Monax Mining have received $145,000 in new funding from the South Australian government for three projects in the state.
Mining companies need to prepare for skills shortages (0) April 15, 2015 South Australia needs to ensure there is not another skills shortage in the next market upswing, a workforce specialist has warned.
Wambo coal mine expansion approved (2) April 15, 2015 The Department of Planning and Environment says Peabody Energy can go ahead with the expansion of its Wambo coal mine.
Unions not happy with FMG’s new roster plan (0) April 15, 2015 The Australian Workers Union says around 10 per cent of FMG’s workforce will lose their jobs as the miner implements roster changes at its mines sites.
New quarry jobs in NSW (0) April 15, 2015 Quarry expansions in NSW will add to mining jobs in the state, according to the state Planning department.
Low iron price forces another mine to close (0) April 15, 2015 The low price of iron ore has claimed another victim, with Sinosteel Midwest to shut its Blue Hills mine.
Government pushes expansion of gas industry (0) April 15, 2015 Industry minister Ian Mcfarlane has described Australia as an “energy superpower”, heralding yesterday’s release of the Domestic Gas Strategy paper.
Komatsu and GE team up with “big-data” technology (46) April 14, 2015 Komatsu has announced a partnership with General Electric to provide “big-data” analysis services for mining companies using “Internet of Things” technology.
SA exploration attracts $2 million in funding (0) April 14, 2015 The South Australian government have pledged another $2 million to drive exploration growth in the burgeoning mining state.
OZ Minerals set to release details of strategic review (0) April 14, 2015 OZ Minerals will release details of its strategic review later this month.
Search for missing prospectors called off (0) April 14, 2015 West Australian police have called off the search for a married couple who were last known to be prospecting near Table Top, days after finding human remains in an abandoned ...
Nathan Tinkler makes mining comeback with nickel exploration company (0) April 14, 2015 A West Australian nickel exploration company has hired former coal billionaire Nathan Tinkler as its new corporate advisor.
SA to capitalise on next mining upswing (0) April 14, 2015 South Australia will have the potential to build state mining revenues to $7 billion each year, but has its work cut out to prepare for the market upswing, according mining ...
FMG forced to make roster changes (1) April 14, 2015 Fortescue Metals Group is making changes to work rosters in order to bring down costs, and has laid the blame on the frail iron ore market squarely on its competitors ...
McAleese halts trading after Atlas Iron announces mine closures (0) April 13, 2015 The fall out of Atlas Iron’s decision to shut its mines continues, with transport contractor McAleese entering a trading halt.
Policy confusion holding back Australia’s uranium potential (0) April 13, 2015 In a thinly-veiled swipe at the Queensland government’s decision to ban uranium mining, Toro Energy’s managing director says policy confusion was holding back Australia’s nuclear potential.
Qld gold miner enters administration (0) April 13, 2015 Queensland gold miner BCD Resources has gone into voluntary administration according to ASX announcements this morning.
Gas turbines fired at Santos GLNG (0) April 13, 2015 The Santos-owned GLNG site on Curtis Island will soon be fully self-powered with two of the six new gas turbine generators successfully fired.
Gina Rinehart warns Australian living standards at risk (0) April 13, 2015 Mining billionaire Gina Rinehart said the Australian economy is at risk of falling over like Greece’s if major changes are not made.
SA kids bring the next wave of mining PR (0) April 13, 2015 South Australian school students will have their own opportunity to capitalise on the mining industry through a new video production competition.
Budget to suffer from frail iron ore price (0) April 13, 2015 Treasurer Joe Hockey has warned the iron ore price could drop to lows of $US35 a tonne, potentially blowing a $25 billion hole in the Federal budget.
BHP refuses to answer senate inquiry (0) April 13, 2015 BHP has been directed on notice by a senate inquiry to supply company financial information or risk becoming subject of the parliamentary senate.
280 jobs to go as Caterpillar moves manufacturing to Thailand (1) April 13, 2015 Mining manufacturer Caterpillar has announced it will cut around 280 jobs at its Burnie factory and move some of its production to Thailand.
Close to 600 jobs slashed as Atlas Iron shuts mines (0) April 13, 2015 Close to 600 people are set to lose their jobs after Atlas Iron announced it will close its mining operations.
Don’t Be Complacent About Non-Compliance (0) April 10, 2015 In the increasingly competitive economic landscape of mining, businesses are being hard pressed to achieve optimal efficiencies at minimum costs – but this can often result in cutting equipment compliance ...
The News in Focus – Weekly Wrap [VIDEO] (0) April 10, 2015 This week we look at the new senate inquiry into tax avoidance, new gas discovered off Barrow Island, and Atlas Iron enters a trading halt.
Resources lobbyists show support for energy white paper (0) April 10, 2015 The release of the federal government’s Energy White Paper has attracted widespread support throughout the resources sector.
Manufacturers still have solid prospects in mining (0) April 10, 2015 Despite the mining sector slowing, there are still many opportunities for ‘smart’ manufacturers. Alan Johnson reports.
FMG pledges support for tax reform debate (0) April 10, 2015 The five biggest players in the Australian mining industry are scheduled to give evidence at today’s senate inquiry hearing into corporate tax avoidance.
2015 Women in Industry Awards: Last chance to nominate (0) April 9, 2015 Are there women in your business doing amazing work? Get your nominations in for the 2015 Women in Industry Awards.
Diatreme Resources to develop Eucla Basin mineral sands (0) April 9, 2015 A Queensland based mineral sands explorer has upgraded results for a major resource in Western Australia.
Shell makes multi-billion dollar bid for BG Group (0) April 9, 2015 Oil and gas giant Shell has made a massive takeover bid for BG Group, which will include the company’s QCLNG plant on Curtis Island.
Resources market shows small recovery (0) April 9, 2015 The stock market has had a boost after a small recovery in iron ore and crude oil prices.
Apache exits Australian oil and gas market (0) April 9, 2015 Apache Corporation is selling its subsidiary Apache Energy Limited for $US2.1 billion, marking the exit of the company from Australia.
Atlas Iron JV under caveat (0) April 9, 2015 Atlas Iron’s partner Haoma Mining has placed a caveat over two north Pilbara tenements to preserve their rights over the Daltons Joint Venture.
China cuts tax to protect its iron ore industry (0) April 9, 2015 In more bad news for Australia’s junior miners, the Chinese government has moved to help prop up its high-cost iron ore producers by reducing tax.
Ramelius gold shares up 45 per cent (0) April 8, 2015 Gold producer Ramelius Resources has achieved guidance for the March quarter with claims of “near record” production.
Evolution Mining tackles debt with $35 million payment (0) April 8, 2015 Evolution Mining has made a voluntary debt repayment of $35 million, reducing the company’s overall debt by 28 per cent.
Woodside finds new gas off Barrow Island (0) April 8, 2015 Woodside Petroleum have announced a new gas discovery off the West Australian coast to the ASX this morning.
Iron ore price makes a slight gain (0) April 8, 2015 The price of iron ore has made a slight recovery and is now trading back up past $US47 a tonne.
Senate inquiry into major miners’ tax avoidance begins today (0) April 8, 2015 The Australian Tax Office is gearing up to go after the major miners for tax avoidance.