BHP Billiton reveals details of South32 demerger (0) March 17, 2015 It will cost BHP Billiton $US738 million to spin-off its non-core assets into new company South32, but it assures that shareholders will be better off as a result of the ...
Worker breaks legs during Barrow Island cyclone prep (0) March 16, 2015 A Barrow Island worker suffered severe injuries on Wednesday afternoon during cyclone preparations, according to a letter from unions to WA Worksafe.
OZ Minerals sells Sandfire shares (0) March 16, 2015 Sandfire Resources entered a trading halt on Friday afternoon after it was announced that OZ Minerals would offload its shares in the company.
Asbestos victim wins right to claim compo (0) March 16, 2015 A former Gove alumina refinery worker has successfully claimed $425,000 in compensation for malignant mesothelioma, despite statutory limitations.
Striving to Achieve Supply Chain Optimisation (0) March 16, 2015 In today’s political and economic climate, the mining industry faces a myriad of challenges ranging from environmental restrictions right through to the more pressing issue of budget cuts.
Queensland to ban uranium once more (0) March 16, 2015 The new Palaszczuk Labor Government is planning to once more ban uranium mining in Queensland.
What is your risk management plan? (0) March 13, 2015 Today the safest, most profitable businesses are run by those who have their finger on the pulse, who have asset and system stability and can identify issues before their business ...
GEMCO sees ore spill during cyclone, EPA says (0) March 13, 2015 BHP Billiton’s GEMCO operation has reportedly suffered four uncontrolled manganese spills following Cyclone Lam, the Northern Territory EPA says.
WorleyParsons win Geelong refinery contract (0) March 13, 2015 WorleyParsons has won a project management and engineering services contract for Viva Energy’s Geelong refinery.
Workers trapped on Barrow Island ahead of Cyclone Olwyn (0) March 12, 2015 Workers at Chevron’s Gorgon project are being forced to sleep on blow-up mattresses as Cyclone Olwyn hits Barrow Island after not being evacuated early enough.
Price gouging claims under review at Pilbara ports (0) March 12, 2015 A new review will be undertaken by the WA Department of Finance into Pilbara port charges for shipping at the Utah Point Bulk Export Facility.
Price of iron ore dips to a new low (0) March 12, 2015 As major players in the iron ore sector gathered in Perth for a conference centred around the commodity, the price of iron ore hit a new six-year low.
QRC applauds Qld Labor government (0) March 12, 2015 The Queensland Resources Council has congratulated the Labor government on their swift planning action for placement of dredge spoils from Abbot Point.
Roy Hill mine on track despite iron ore slump (0) March 12, 2015 The head of Gina Rinehart’s $10 billion Roy Hill mine said the project will ramp up to full production earlier than expected.
Queensland Government announces Abbot Point Terminal dumping site (0) March 11, 2015 The new Queensland government has stopped the approvals process for the expansion of Abbot Point Coal Terminal, banning Adani and GVK from dumping dredge spoil in the Great Barrier Reef.
Former mining bosses gather strength for acquisitions (0) March 11, 2015 Low asset prices in the floundering mining sector has brought a number of former mining bosses to begin making moves to take advantage of the situation.
PLD Corp acquires two mining tenements (0) March 11, 2015 PLD Corporation is set to go ahead with the acquisition of the Admiral Bay Zinc project and the Rocky Gully nickel copper project under a $10 million deal.
Fire breaks out at Yallourn coal mine (0) March 11, 2015 Firefighters were called to Yallourn coal mine on Tuesday after a blaze broke out in an unused part of the operation.
Rio Tinto and BHP Billiton defend iron ore strategies (115) March 11, 2015 Rio Tinto and BHP Billiton have defended business strategies to keep producing record amounts of iron ore despite the recent price crash.
Guildford Coal marks first coal shipment (0) March 11, 2015 Guildford Coal has made the transition from explorer to miner following its first shipment of 6000 tonnes of coal.
Solid Energy may collapse (0) March 11, 2015 New Zealand coal miner Solid Energy may not be financially viable, according to NZ finance minister Bill English.
First gas reaches Santos GLNG (0) March 11, 2015 Natural gas made it to Santos’ GLNG plant on Curtis Island on Monday, marking a significant milestone which will enable full commissioning.
Newcastle coal truck rollover (0) March 11, 2015 A coal truck which tipped over in Newcastle on Tuesday afternoon has been cleared up.
BHP Billiton talks up its iron ore productivity drive (0) March 10, 2015 BHP Billiton will today outline the productivity drives it has been pushing at its Western Australia Iron Ore business in order to produce record tonnes of the commodity.
Hunter Coal Festival kicks off this week (0) March 10, 2015 The Hunter Valley Coal Festival will kick off in Singleton this week with a presentation from Beaconsfield Mine survivor Brant Webb.
Rio Tinto’s attack on costs to continue (0) March 10, 2015 Rio Tinto says the focus on productivity, cost reductions and capital discipline will continue as volatility in the resource sector continues.
Miner turns to marijuana (0) March 10, 2015 The distressed junior miner scene has one explorer turning to the budding medical marijuana market.
China to cut coal consumption (6) March 9, 2015 In what will be another blow for Australian coal miners, China will institute a reduction in thermal coal consumption within the next five years to cut pollution levels.
X2 Resources raises $US5.6 billion (0) March 9, 2015 Former Xstrata boss Mick Davis has raised $US5.6 billion from investors in a bid to buy mining assets and launch X2 Resources as a mid-level diversified resource company.
EPA approves Gorgon expansion (0) March 6, 2015 Even before completion, the Gorgon LNG project has been given the nod for expansion to a fourth train.
Rio begins office jobs purge (0) March 6, 2015 The first round of Rio Tinto’s office-based job cuts has begun, with around 100 employees estimated to have been handed their notice.
Iron ore falls below $60 a tonne (0) March 6, 2015 The price of iron ore has fallen below $60 a tonne as China revised its growth forecast to just 7 per cent.
House of Hancock DVD under attack (0) March 5, 2015 Gina Rinehart has returned to court to hold the Nine Network to account and prevent uncensored versions of House of Hancock from being sold on DVD.
New tax breaks for junior explorers pass Senate (0) March 5, 2015 Junior explorers will see the benefits of the Exploration Development Incentive after it was passed through the Senate as part of the Budget 2015.
Mining industry grows 8.9 per cent (0) March 5, 2015 National account figures have shown the significant contribution of mining exports to a 2.3 per cent trend growth for Australia in 2014.
Coal prices bound for the floor (0) March 5, 2015 A brief rally in coal prices has again floundered, with the value of coal from the Newcastle port dropping to $68 per tonne.
Pilbara Ports sets iron ore export record (0) March 5, 2015 February was a busy month for the Pilbara Ports Authority which exported record tonnages of iron ore and set two new records.
Ukrainian coal mine explosion kills 33 (0) March 5, 2015 A gas blast at the Zasyadko mine in Ukraine has killed 33 workers, and a further 16 have been hospitalised.
Talga on road to world-first graphene production plant (0) March 4, 2015 Australian graphite company Talga Resources will set up a world-first graphene demonstration plant in central Germany at a cost of less than $1 million.
Copper thievery under investigation (0) March 4, 2015 A mineworker will face court later in March on charges relating to the theft of 300 kilograms of copper wire from a Hunter region coal mine.
Newmont Boddington Mine offering Indigenous scholarship (0) March 4, 2015 Newmont Boddington Mine has developed a scholarship to provide financial support to Indigenous students enrolled in full-time study at Murdoch University who want to work in mining.
Teekay tugboats to renegotiate with BHP (0) March 4, 2015 After a long EBA battle which resolved in November last year, tugboat operator Teekay is back at the negotiating table, this time with BHP.
The Nuts and Bolts of Reducing Downtime (0) March 4, 2015 Drilling is a costly business, whether above ground or below, so it’s important to keep maintenance times and costs to the absolute minimum.
Australia has ‘welcome mat’ out for uranium investments (0) March 3, 2015 Toro Energy, the company vying to develop Western Australia’s first uranium mine, says Australia is in the perfect position to drive a new era or uranium exports to China and ...
Mining exploration takes a massive hit (0) March 3, 2015 The latest report on world trends in exploration reveals a 26 per cent decline in activity as miners responded to falling commodity prices.
Another day, another person in a tree at Maules Creek mine (0) March 3, 2015 Maules Creek community worker and horse trainer Ann-Marie Rasmussen is the latest activist to participate in a tree sit in protest of Whitehaven Coal’s new mine.
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.
It will cost BHP Billiton $US738 million to spin-off its non-core assets into new company South32, but it assures that shareholders will be better off as a result of the ...
A Barrow Island worker suffered severe injuries on Wednesday afternoon during cyclone preparations, according to a letter from unions to WA Worksafe.
REX airline pilots have been warned against using sight only to navigate to the Newcastle airport, following a 2012 incident near coal loading facilities.
Sandfire Resources entered a trading halt on Friday afternoon after it was announced that OZ Minerals would offload its shares in the company.
Zimbabwe has announced it will merge all diamond mines into a single company, predominately owned by the Zimbabwean Governmen
A former Gove alumina refinery worker has successfully claimed $425,000 in compensation for malignant mesothelioma, despite statutory limitations.
In today’s political and economic climate, the mining industry faces a myriad of challenges ranging from environmental restrictions right through to the more pressing issue of budget cuts.
The new Palaszczuk Labor Government is planning to once more ban uranium mining in Queensland.
The Queensland Resources Council has accused green groups of moving the goal posts when it comes to the expansion of the Abbot Point coal terminal.
Today the safest, most profitable businesses are run by those who have their finger on the pulse, who have asset and system stability and can identify issues before their business ...
Trade unions have called on Worksafe to investigate evacuation procedures undertaken by Chevron in the latest cyclone incident on Barrow Island.
BHP Billiton’s GEMCO operation has reportedly suffered four uncontrolled manganese spills following Cyclone Lam, the Northern Territory EPA says.
WorleyParsons has won a project management and engineering services contract for Viva Energy’s Geelong refinery.
A partnership between Emerald Agricultural College and Glencore is helping develop Queensland’s next generation of farmers.
Workers at Chevron’s Gorgon project are being forced to sleep on blow-up mattresses as Cyclone Olwyn hits Barrow Island after not being evacuated early enough.
A worker has been killed at BMA’s Blackwater coal mine in a vehicle rollover incident.
A new review will be undertaken by the WA Department of Finance into Pilbara port charges for shipping at the Utah Point Bulk Export Facility.
As major players in the iron ore sector gathered in Perth for a conference centred around the commodity, the price of iron ore hit a new six-year low.
The Queensland Resources Council has congratulated the Labor government on their swift planning action for placement of dredge spoils from Abbot Point.
Head of Cliff Resources says Australia is at risk of going out of business because of the iron ore strategy being employed by Rio Tinto and BHP Billiton.
The head of Gina Rinehart’s $10 billion Roy Hill mine said the project will ramp up to full production earlier than expected.
Decmil has won a contract for further work at the Roy Hill mine.
Whitehaven Coal has secured a $1.4 billion senior secured bank facility.
The Supreme Court ordered Laing O’Rourke to hand back construction material for the Roy Hill mine project after its contract was cancelled due to a commercial dispute.
ABB has been awarded a multi-million dollar contract to provide a substation upgrade solution for a new power station in South Hedland.
The new Queensland government has stopped the approvals process for the expansion of Abbot Point Coal Terminal, banning Adani and GVK from dumping dredge spoil in the Great Barrier Reef.
Low asset prices in the floundering mining sector has brought a number of former mining bosses to begin making moves to take advantage of the situation.
PLD Corporation is set to go ahead with the acquisition of the Admiral Bay Zinc project and the Rocky Gully nickel copper project under a $10 million deal.
Firefighters were called to Yallourn coal mine on Tuesday after a blaze broke out in an unused part of the operation.
Rio Tinto and BHP Billiton have defended business strategies to keep producing record amounts of iron ore despite the recent price crash.
Good news for 400 of the 700 strong workforce at Christmas Creek 2, who will be rehired by Downer EDI.
AXT has installed the first onsite scanning electron microscope automated minerals analysis system in an Australian mine, at the Northparkes operation.
Guildford Coal has made the transition from explorer to miner following its first shipment of 6000 tonnes of coal.
New Zealand coal miner Solid Energy may not be financially viable, according to NZ finance minister Bill English.
Natural gas made it to Santos’ GLNG plant on Curtis Island on Monday, marking a significant milestone which will enable full commissioning.
A coal truck which tipped over in Newcastle on Tuesday afternoon has been cleared up.
BHP Billiton will today outline the productivity drives it has been pushing at its Western Australia Iron Ore business in order to produce record tonnes of the commodity.
Rio Tinto has upgraded its managed coal reserves for its Hail Creek coal mine in Queensland.
The price of iron ore sunk to a new six-year low last night.
Alcoa will probably not shut any of its WA factories, according to an analyst.
A tropical low forming off Indonesia is likely to form a cyclone that will hit the Pilbara.
The Hunter Valley Coal Festival will kick off in Singleton this week with a presentation from Beaconsfield Mine survivor Brant Webb.
Rio Tinto says the focus on productivity, cost reductions and capital discipline will continue as volatility in the resource sector continues.
The distressed junior miner scene has one explorer turning to the budding medical marijuana market.
Peabody Energy’s Janette Hewson has taken out this year’s top award at the 10th annual Resources Awards for Women.
In what will be another blow for Australian coal miners, China will institute a reduction in thermal coal consumption within the next five years to cut pollution levels.
The price of iron ore has dropped to a six year low.
There are fears that a whole-of-company review of Alcoa’s smelting and refining operations could affect its Western Australian assets, where 4,000 workers are employed.
A prospector has uncovered a single gold nugget weighing in at more than two kilograms in central Victoria.
Former Xstrata boss Mick Davis has raised $US5.6 billion from investors in a bid to buy mining assets and launch X2 Resources as a mid-level diversified resource company.
Grange Resources has appointed Honglin Zhao as its new CEO, effective immediately.
Executives from BHP Billiton have visited Broken Hill to have talks with Mayor Wincen Cuy about the city’s National Heritage listing.
Cameco’s Kintyre uranium mine has received conditional approval from WA’s environmental minister.
Even before completion, the Gorgon LNG project has been given the nod for expansion to a fourth train.
The first round of Rio Tinto’s office-based job cuts has begun, with around 100 employees estimated to have been handed their notice.
A new online system for the submission of mineral exploration reports has been launched in Western Australia.
The price of iron ore has fallen below $60 a tonne as China revised its growth forecast to just 7 per cent.
Gina Rinehart has returned to court to hold the Nine Network to account and prevent uncensored versions of House of Hancock from being sold on DVD.
The Planning Assessment Commission has given Rio Tinto’s Mount Thorley Warkworth extension the green light.
Junior explorers will see the benefits of the Exploration Development Incentive after it was passed through the Senate as part of the Budget 2015.
National account figures have shown the significant contribution of mining exports to a 2.3 per cent trend growth for Australia in 2014.
A brief rally in coal prices has again floundered, with the value of coal from the Newcastle port dropping to $68 per tonne.
NSW Treasurer Andrew Constance has announced a new fund aimed at increasing development potential in Newcastle.
Downer EDI has announced a new $250 million issue of medium term notes.
February was a busy month for the Pilbara Ports Authority which exported record tonnages of iron ore and set two new records.
A gas blast at the Zasyadko mine in Ukraine has killed 33 workers, and a further 16 have been hospitalised.
FMG have announced a US$2.5 billion refinancing plan.
Peabody has announced Michael J. Flannigan has been appointed as the new senior vice president of global government affairs.
Sedgman has won the contract for the engineering of a modular mineral sands plant.
Anglo American’s team at Grosvenor mine is celebrating after its tunnel boring machine broke through rock 29 days ahead of schedule to complete the people and equipment drift.
Australian graphite company Talga Resources will set up a world-first graphene demonstration plant in central Germany at a cost of less than $1 million.
Rio Tinto’s Argyle diamond mine has teamed up with the Perth Mint to create a rare coin worth $8800.
Glencore has announced a drop in earnings year on year, seeing a fall in EBITDA and net income in its latest results,with its CEO deriding iron ore miners.
A mineworker will face court later in March on charges relating to the theft of 300 kilograms of copper wire from a Hunter region coal mine.
Newmont Boddington Mine has developed a scholarship to provide financial support to Indigenous students enrolled in full-time study at Murdoch University who want to work in mining.
After a long EBA battle which resolved in November last year, tugboat operator Teekay is back at the negotiating table, this time with BHP.
Drilling is a costly business, whether above ground or below, so it’s important to keep maintenance times and costs to the absolute minimum.
Rio Tinto has launched the world’s first Analytics Excellence Centre, to aid productivity.
Toro Energy, the company vying to develop Western Australia’s first uranium mine, says Australia is in the perfect position to drive a new era or uranium exports to China and ...
The latest report on world trends in exploration reveals a 26 per cent decline in activity as miners responded to falling commodity prices.
A Matri Sadan ascetic has fasted for 13 days in protest against illegal sand mining in northern India.
An underground fire may be responsible for gas emissions detected in soils south of Chinchilla.
Maules Creek community worker and horse trainer Ann-Marie Rasmussen is the latest activist to participate in a tree sit in protest of Whitehaven Coal’s new mine.
Sandvik has released the first of its new series of rotary and DTH blasthole drill rigs.
Peabody has announced it will offer US$1 billion in senior secured second lien notes.
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.