News

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.
Political donations lean heavily towards Liberals (0) April 7, 2015 Recent AEC data shows mining companies bet heavily against Labor at the last election, with the vast majority of political donations going to the Coalition.
39 miners rescued after underground fire (0) April 7, 2015 39 miners who had been trapped after an underground fire at a Canadian nickel mine have been rescued.
New South32 board members named (8) April 7, 2015 BHP Billiton has revealed the four new non-executive directors for its spin-off company South32.
Atlas Iron on shaky ground (2) April 7, 2015 Atlas Iron Limited have announced a halt to trading, foreshadowing more tough times ahead linked with the plunging price of iron ore.
Iron ore price plunges again (0) April 7, 2015 The iron ore price plunge continued over the Easter long weekend, with the commodity hitting a new low of $US46.70 a tonne.
Rio buys back $560 million in shares (0) April 7, 2015 Rio Tinto announced this morning the company has completed the buyback of $560 million worth of shares, an increase on $500 million announced in February.
BC Iron dump Watpac mining contract (0) April 2, 2015 BC Iron has terminated a mining contract with Watpac on the same day the price of iron ore fell to $US49 a tonne.
Deutsche Bank cuts valuation of South32 (0) April 2, 2015 Deutsche Bank has cut the valuation of BHP Billiton’s spin-off company South32 by $US2 billion.
High Risk Licences reassessed in Gladstone (0) April 2, 2015 High risk workers in Gladstone have been caught out with invalid licenses after taking inadequate assessments.
Oil prices rise (0) April 2, 2015 Oil prices have had the largest jump in months as US crude oil production reaches a peak.
Gold to come out stronger as it reaches peak production (0) April 2, 2015 Bullish banks are beginning to back gold again as the bear market is forecast to end and peak production occurs.
Beaconsfield mine becomes tourist destination (0) April 2, 2015 The Beaconsfield Mine, site of the 2006 disaster, has been opened to the general public for tours.
The price of iron ore is haemorrhaging (0) April 2, 2015 The price of iron ore has crashed below $US50 a tonne for the first time in nine years.
A World First for Portable Wireless Confined Space Gas Detection (0) April 2, 2015 While technology has done an incredible job of replacing the days of the “canary in the coal mine”, industrial gas leaks continue to cause significant worker injuries and costly downtime ...
Triton graphite shares triple in one week (0) April 1, 2015 Graphite miner Triton Minerals have announced a new contract worth US$2 billion, resulting in massive share price gains.
Tiaro Coal enters administration (0) April 1, 2015 Tiaro Coal has entered voluntary administration.
New FIFO camp planned near Toowoomba (0) April 1, 2015 Plans for construction of a 500-room workers camp near the Wellcamp Airport have been submitted to Toowoomba City Council.
CFMEU takes aim at BHP’s stance on striking (0) April 1, 2015 The CFMEU has slammed BHP after the company recommended changes to the Fair Work Act aimed at limiting the scope of strike action.
How low can it go? Iron ore price in free fall (0) April 1, 2015 The price of iron ore is in a free fall, with some analysts predicting the price could fall to lows of $US40 a tonne.
Former chair of Solid Energy resigned over future viability of coal miner (0) April 1, 2015 The unexplained abrupt resignation of former Solid Energy chair Pip Dunphy has been linked to disagreements with the NZ Gov over the miner’s viability.
Finches under threat from Carmichael Coal (0) April 1, 2015 Indian coal giant Adani told the Queensland Land Court yesterday that a local endangered finch population would not have far to move to avoid decimation.
Nude protest at NSW coal mine (0) April 1, 2015 A group of protesters have hit the coal mining industry front on with a nude protest at a remote NSW coal mine.
Hitachi becomes Australian Wenco distributor (118) April 1, 2015 Hitachi has become the official Australian distributor of Wenco International Mining Systems and its fleet management technology.
Price of iron ore edges closer to $US50 a tonne (0) March 31, 2015 The price of iron ore has taken another dive to hit a fresh six-year low.
BHP Billiton calls for an end to unnecessary strike action (0) March 31, 2015 As part of its submission to the Productivity Commission, BHP Billiton has proposed six reforms, including that strike action be a last resort.
Miner suing Anglo following car crash (0) March 31, 2015 A former coal worker is suing Anglo Coal and Workpac after crashing his car after working a 75-hour week.
New WA iron ore mine gets greenlight (0) March 31, 2015 The WA DMP has approved Ascot Resources Wonmunna iron ore mining proposal.
WA resources valued at $114 billion (0) March 31, 2015 The WA Department of Mines and Petroleum have released a new report which valued the State’s resources at $114 billion for 2014.
New underwater mining robot under development (0) March 31, 2015 A new program has been launched to develop new underwater mining systems.
World’s largest mobile conveyors to feature at AIMEX (0) March 31, 2015 The massive Putzmesiter Telebelt TB200 will on show at this year’s upcoming AIMEX.
CFMEU pushes for an end to FIFO in QLD (0) March 31, 2015 A forum convened by the CFMEU heard that 100 per cent FIFO in Queensland coal mines must come to an end.
Price of iron ore tanks again (0) March 30, 2015 The price of iron ore has taken another hit and is trading at a new six-year low.
More job losses at Russell Vale coal mine (0) March 30, 2015 Wollongong Coal is cutting more jobs at its Russell Vale coal mine.
Is North Korea’s massive rare earths deposit a massive lie? (0) March 30, 2015 North Korea’s claims of uncovering the world’s largest potential rare earth deposit have come into question
Gina Rinehart calls for an end to over-regulation of mining industry (0) March 30, 2015 Mining billionaire Gina Rinehart has used an award acceptance speech to ask Australian governments to ‘come to the party’ and reduce regulatory burdens.
Viento appoints new CEO (5) March 30, 2015 Viento has appointed Doug Grewar as its new CEO.
GR Engineering win Nova nickel processing contract (3) March 30, 2015 GR Engineering has won the contract to design and build Sirius Resources’ Nova nickel mineral processing plant.
Avoid Industrial Noise-Induced Hearing Loss (0) March 30, 2015 Industrial noise is a common by-product of manufacturing workplaces, engineering workshops and mine sites.
Colin Barnett tells town of Onslow to stop complaining (0) March 27, 2015 Western Australian Premier Colin Barnett told the town of Onslow to “get over it” amid criticism the government allowed Chevron to build worker accommodation at Wheatstone rather than in the ...
Redpath develop new raisedrill carrier (0) March 27, 2015 Redpath have created a new raisedrill carrier, Redtrax, to move raisebores and other materials around the site.
New coal train record set (0) March 27, 2015 Aurizon has set a new record for the longest ever coal train sent through Queensland.
Mining at Glencore’s West Wallsend mine to finish next year (0) March 26, 2015 Consistent with its life of mining plan, Glencore’s West Wallsend coal mine will cease operations next year.
RBA sounds default warning for mining service companies (0) March 26, 2015 The Reserve Bank of Australia says mining service companies are facing the risk of default in light of falling commodity prices.
Coal prices fall to pre-GFC levels (0) March 26, 2015 Ongoing weak Chinese demand has seen coal prices fall to new lows, with expectations of continuing downwards movement.
FMG defend Forrest’s iron ore cartel comments (0) March 26, 2015 Fortescue Metals Group says comments made by its founder Andrew Forrest in relation to working with other companies to cap iron ore production were in line with the law.
Rolls Royce supplies engines for world’s first seabed mining ship (0) March 26, 2015 Rolls Royce has won a deal to supply six generators for the world’s first specialised seabed mining vessel.
Macmahon cuts jobs at Olympic Dam (0) March 26, 2015 Approximately 50 positions have been cut from Macmahon’s underground contracting operations at BHP’s Olympic Dam mine.
No mineral royalty hike for WA (0) March 26, 2015 The WA government says it won’t be increasing mineral royalty rates in this year’s state budget.
ACCC asks Forrest for a ‘please explain’ (0) March 25, 2015 The ACCC has asked FMG chairman Andrew “Twiggy” Forrest to explain calls for the world’s biggest iron ore producers to work together to put a cap on iron ore production.
Death of worker highlights need to separate light and heavy vehicles on mine sites (77) March 25, 2015 The death of a female contractor at Ravensworth coal mine has been attributed to the absence of illumination devices on the haul truck that crushed her.
Viento win BC Iron and Fortescue Nullagine contract (0) March 25, 2015 Viento has won the open pit mining, crushing, and screening contract for BC Iron and Fortescue Nullagine iron ore joint venture.
Forrest calls on BHP and Rio to ‘act like grown ups’ and cap iron ore production (0) March 25, 2015 Andrew “Twiggy” Forrest says placing a cap on iron ore production would see the price of the commodity to jump back up to $US90 a tonne.
Anglo American and Atlas Copco to develop new underground mining equipment (0) March 25, 2015 Anglo and Atlas have ramped up a joint development project focused on creating new underground mining machines.
UGL wins massive Santos GLNG services contract (0) March 25, 2015 UGL has won a $120 million contract to provide services at Santos’ Curtis Island LNG facility.
China to shut remainder of its major coal power stations in Beijing (0) March 25, 2015 China will shut the last of its four major coal-fired power stations in Beijing, replacing them all with gas run plants.
Rio Tinto to help create Australia’s largest national park (0) March 24, 2015 Rio Tinto and Alcoa have agreed to terminate a mining agreement to help create a massive national park.
Cadia gold mine to reduce contractor jobs (0) March 24, 2015 Newcrest will wind back its contractor workforce at its Cadia Valley gold mine as its major construction projects come to an end.
Australia slated to become largest coal exporter (0) March 24, 2015 Australia will resume its position as the world’s largest coal exporter, taking the title back from Indonesia.
New FIFO mining suicide prevention program launched (0) March 24, 2015 A new partnership has been launched to halt suicide in the mining and oil and gas industries.
Apps Revolutionising the Mining Industry (0) March 24, 2015 Technology is taking hold of every industry under the sun, and it isn’t letting go.
More job cuts on the horizon for Macmahon (0) March 24, 2015 In the wake of major contract losses and a depressed mining market, Macmahon has been slated to carry out more job cuts
FMG gas pipeline completed (0) March 24, 2015 The pipeline designed to provide Fortescue a new energy source for its Solomon Hub has been completed, behind schedule.
Woodside cuts hundreds of jobs, freezes pay (0) March 24, 2015 Woodside will cut approximately 300 jobs and freeze pay as it margins shrink under a weak oil price.
Rasp mine extension approved (0) March 23, 2015 CBH Resources has been given approval to develop a new silver, lead and zinc deposit near its existing Rasp mine in Broken Hill.
Introducing the iQbolt: A Bolt with Visual Tension Indicator (0) March 23, 2015 Keeping maintenance times and associated costs to an absolute minimum is vital in both the Oil & Gas and Mining industries.
BHP boss discusses productivity push amid low commodity prices (0) March 23, 2015 BHP Billiton CEO Andrew Mackenzie says better productivity is the biggest opportunity companies have to improve profitability amid volatile commodity prices.
Mitchell Services win Anglo American drilling contract (0) March 23, 2015 Mitchell Services has won a three contract for drilling services at Anglo American’s QLD coal mines.
Timing for Gina Rinehart’s iron ore mine labelled as ‘abominable’ (0) March 23, 2015 As Gina Rinehart prepares to showcase her Roy Hill mine to investors, one business analyst says the timing of the project is ‘abominable’
BHP ranked Australia’s top company (0) March 23, 2015 BHP has been ranked as the largest company in Australia in IBISWorld’s Top 1000 Companies report.
Orica names interim CEO (0) March 23, 2015 Mining explosives company Orica has announced its new interim CEO, following Ian Smith’s departure last week.
Introducing Australian Mining’s new video segment: On the Bench (0) March 20, 2015 Australian Mining Editor Cole Latimer and Journalist Vicky Validakis sit down to discuss QLD’s looming uranium mining ban and what it means for the industry.
Vapour leak at QCLNG forces workers to stay indoors (0) March 20, 2015 Workers at the QCLNG project on Curtis Island were told to stay in their rooms yesterday morning after a vapour leak was detected.
NSW Labor promises to ban Santos’ CSG plans in Pilliga Forest (0) March 20, 2015 NSW Opposition Leader Luke Foley said Santos will not be allowed to produce CSG at its exploration site in the Pilliga Forest if Labor wins the state election
Woodside reveals it sacked seven people for fraud (0) March 20, 2015 A new report out by Woodside Petroleum reveals the company sacked seven workers for fraud-related activities in 2014.
Man dies at NZ limestone quarry (0) March 20, 2015 A man has died overnight at limeworks near Waimate, in New Zealand.
BHP issues billion dollar note issue (0) March 20, 2015 BHP has issued a five year billion note issue.
Barnett labels BHP and Rio’s iron ore strategy as “dumbest corporate plays” (0) March 20, 2015 WA Premier Colin Barnett has described a ramp up of iron ore production by Rio Tinto and BHP Billiton as “one of the dumbest corporate plays” he has ever seen.
Switchgear Survival Guide: Tips to Optimise Switchgear and Enhance Reliability (0) March 20, 2015 With increasing dependence on computers and automated processes, most modern facilities cannot afford operation downtime.
WA keen to take QLD’s unwanted uranium dollars (0) March 19, 2015 Western Australia’s Mines and Petroleum Minister Bill Marmion says the Queensland government’s decision to ban uranium mining is good news for WA.
Mining outlook continues depressing trend (0) March 19, 2015 The first two months of 2015 has sustained the gloomy outlook, with SNL Metals & Mining recent report outlining “another set of depressing statistics”.
Australia’s nuclear future to be debated at conference (0) March 19, 2015 A workshop aimed at discussing the pros and cons for an Australian nuclear energy industry will be held in Adelaide.
Gold demand to double, by 2030 (0) March 19, 2015 Increasing gold demand in Asia is likely to see a revival of the metal; however it won’t hit these new highs until 2030.
Slow start to uranium exploration in NSW (0) March 19, 2015 NSW may have opened up the state to uranium exploration but only one company has submitted an application to search for the metal.
Protests erupt over anti-protest laws (0) March 19, 2015 Western Australia’s proposed laws which make it illegal for protestors to lock themselves to objects are seeing growing opposition.
Iron ore miner cuts jobs (0) March 19, 2015 Karara Mining has announced it will cut 15 per cent of its workforce.
Price of iron ore falls to below $US55 a tonne (109) March 19, 2015 The price of iron ore has dived to a new six-year low amid fears it could soon hit $US50 a tonne.
Small iron ore mine approved in the Pilbara (0) March 18, 2015 The first Indigenous-owned and operated mine in the Pilbara has been approved by the WA government.
Investor confidence shaken after QLD uranium mining ban (0) March 18, 2015 The Palaszczuk’s government plan to ban uranium mining in Queensland has sent shockwaves through the industry.
Coal Festival community forum (0) March 18, 2015 A community forum looking at future opportunities for the Hunter region will be held in Singleton next week as part of the Hunter Coal Festival.
Coal futures fall to near decade lows (0) March 18, 2015 After an abortive rally coal futures have continued their downwards progression.
Anti-mining protest held in Gunnedah (0) March 18, 2015 Around 1000 people gathered in Gunnedah at the weekend to protest against increased mining activity in the region.
Hastings Deering could cut more jobs (0) March 18, 2015 Hastings Deering said job losses could be in the offing as the company suffers from a ‘dramatic’ slowdown in the mining sector.
FMG cancels multi-billion dollar note offering (0) March 18, 2015 Fortescue has announced it will not pursue its previously flagged US$2.5 billion senior notes offering and refinancing plan.
Orica CEO steps down (0) March 18, 2015 Orica have announced a timetable for the resignation of current CEO Ian Smith.
Linc Energy workers gas exposure confirmed (0) March 17, 2015 Linc Energy are facing allegations of exposing workers to poisonous gases during the course of their employ at the experimental plant near Chinchilla.
Iron ore price recovery unlikely this year (0) March 17, 2015 Westpac’s chief economist says the price of iron ore won’t see a recovery until at least 2016.
Caterpillar and Uptake create analytics solutions to optimise fleets [VIDEO] (0) March 17, 2015 Caterpillar and Uptake will jointly develop an end-to-end platform for predictive diagnostics to help customers monitor and optimise their fleets more effectively.
Rio Tinto’s Australian tax bill for 2014 was $6.2 billion (0) March 17, 2015 Rio Tinto paid $6.2 billion in taxes to Australian governments last year.
Sedgman win Mount Isa contract renewal (0) March 17, 2015 Sedgman has won a renewal for crushing and screening services at the Mount Isa mines.
CFMEU loses appeal against compensation (18) March 17, 2015 An ex union official has won his appeal for compensation against the Queensland CFMEU over work-related stress leading to a mental breakdown in 2010.
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.
Pilots warned after plane attempts landing on coal stockpiles (0) March 16, 2015 REX airline pilots have been warned against using sight only to navigate to the Newcastle airport, following a 2012 incident near coal loading facilities.
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.
Zimbabwe carries out massive nationalisation of diamond mines (0) March 16, 2015 Zimbabwe has announced it will merge all diamond mines into a single company, predominately owned by the Zimbabwean Governmen
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.
QRC accuses green groups of trying to shut down coal industry (0) March 13, 2015 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.
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 ...
Unions call for evacuation investigation on Barrow Island (0) March 13, 2015 Trade unions have called on Worksafe to investigate evacuation procedures undertaken by Chevron in the latest cyclone incident on Barrow Island.
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.
Glencore providing scholarships for the next generation of farmers (0) March 13, 2015 A partnership between Emerald Agricultural College and Glencore is helping develop Queensland’s next generation of farmers.
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.
Worker killed at Blackwater coal mine (30) March 12, 2015 A worker has been killed at BMA’s Blackwater coal mine in a vehicle rollover incident.
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.
Rio and BHP putting Australia’s future at risk: Cliff Resources (0) March 12, 2015 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.
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.
Decmil win extension of contract at Roy Hill (0) March 12, 2015 Decmil has won a contract for further work at the Roy Hill mine.
Whitehaven Coal secures massive refinancing facility (0) March 12, 2015 Whitehaven Coal has secured a $1.4 billion senior secured bank facility.
Laing O’Rourke ordered to hand back Roy Hill construction material (0) March 12, 2015 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 to provide substation upgrade solution for TransAlta’s power station in South Hedland (3) March 12, 2015 ABB has been awarded a multi-million dollar contract to provide a substation upgrade solution for a new power station in South Hedland.
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.
Downer to take 400 Macmahon workers at Christmas Creek (0) March 11, 2015 Good news for 400 of the 700 strong workforce at Christmas Creek 2, who will be rehired by Downer EDI.
First automated SEM minerals analysis system installed on Australian mine (0) March 11, 2015 AXT has installed the first onsite scanning electron microscope automated minerals analysis system in an Australian mine, at the Northparkes operation.
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.
Rio Tinto upgrades coal reserves at Hail Creek mine (0) March 10, 2015 Rio Tinto has upgraded its managed coal reserves for its Hail Creek coal mine in Queensland.
Iron ore price declines again (17) March 10, 2015 The price of iron ore sunk to a new six-year low last night.
Analyst says Alcoa will probably keep WA refineries open (0) March 10, 2015 Alcoa will probably not shut any of its WA factories, according to an analyst.
Chances high for cyclone to hit the Pilbara (0) March 10, 2015 A tropical low forming off Indonesia is likely to form a cyclone that will hit the Pilbara.
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.
Peabody Energy director takes out top award for women in mining (0) March 9, 2015 Peabody Energy’s Janette Hewson has taken out this year’s top award at the 10th annual Resources Awards for Women.
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.
Iron ore hits a new six-year low (0) March 9, 2015 The price of iron ore has dropped to a six year low.
Alcoa’s global review announced, capacity cut could go badly for WA workers (0) March 9, 2015 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.
Prospector uncovers massive two kilo gold nugget (3) March 9, 2015 A prospector has uncovered a single gold nugget weighing in at more than two kilograms in central Victoria.
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.
Grange Resources appoints new CEO (0) March 9, 2015 Grange Resources has appointed Honglin Zhao as its new CEO, effective immediately.
BHP executives visit Broken Hill for heritage talks (0) March 6, 2015 Executives from BHP Billiton have visited Broken Hill to have talks with Mayor Wincen Cuy about the city’s National Heritage listing.
Proposed uranium mine in WA receives approval (0) March 6, 2015 Cameco’s Kintyre uranium mine has received conditional approval from WA’s environmental minister.
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.
New online exploration reporting system launched (0) March 6, 2015 A new online system for the submission of mineral exploration reports has been launched in Western Australia.
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.
Rio Tinto’s Mount Thorley Warkworth mine approved (0) March 5, 2015 The Planning Assessment Commission has given Rio Tinto’s Mount Thorley Warkworth extension the green light.
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.
Newcastle receives $17m mine subsidence fund (0) March 5, 2015 NSW Treasurer Andrew Constance has announced a new fund aimed at increasing development potential in Newcastle.
Downer to raise funds via note issue (0) March 5, 2015 Downer EDI has announced a new $250 million issue of medium term notes.
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.
Fortescue Metals announces massive refinancing (0) March 5, 2015 FMG have announced a US$2.5 billion refinancing plan.
Peabody announces new head of global government affairs (0) March 5, 2015 Peabody has announced Michael J. Flannigan has been appointed as the new senior vice president of global government affairs.
Sedgman wins mineral sands plant contract (0) March 4, 2015 Sedgman has won the contract for the engineering of a modular mineral sands plant.
Anglo American celebrates tunnel boring success at Grosvenor mine (0) March 4, 2015 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.
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.
Argyle pink diamond coin retailing for a cool $8k (0) March 4, 2015 Rio Tinto’s Argyle diamond mine has teamed up with the Perth Mint to create a rare coin worth $8800.
Glencore sees drop in earnings in latest results as Glasenberg slams iron ore market tactics (0) March 4, 2015 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.
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.
Rio Tinto launches its Big Data centre (828) March 3, 2015 Rio Tinto has launched the world’s first Analytics Excellence Centre, to aid productivity.
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.
Indian ascetic hunger strikes against sand mining (0) March 3, 2015 A Matri Sadan ascetic has fasted for 13 days in protest against illegal sand mining in northern India.
Soil contamination linked to combustion (4) March 3, 2015 An underground fire may be responsible for gas emissions detected in soils south of Chinchilla.
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.
Sandvik launches new blasthole drill rig (0) March 3, 2015 Sandvik has released the first of its new series of rotary and DTH blasthole drill rigs.
Peabody Energy to carry out notes offering (0) March 3, 2015 Peabody has announced it will offer US$1 billion in senior secured second lien notes.
Sirius signs nickel offtake deal with BHP Billiton (0) March 3, 2015 Sirius Resources has signed a deal which will see it supply nickel concentrate to BHP Billiton.
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.
Highest gold output in over 10 years (0) March 2, 2015 Australia’s gold output has hit its highest level in 11 years.
Bank writes off coal miner loan amidst depressed market (0) March 2, 2015 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 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.
BHP donates to Cyclone Marcia relief fund (0) March 2, 2015 BHP has donated a quarter of a million dollars to the Salvation Army for Cyclone Marcia relief.
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.
Tasmania bans fracking for another five years (0) February 27, 2015 $Tasmania bans fracking for another five years$ The Tasmanian Government has issued a five year moratorium on fracking on the island state, while NT ramps up.
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.
Leg amputated after Happy Buccaneer accident (0) February 27, 2015 One of the workers injured aboard a heavy lift ship on Monday has undergone leg amputation.
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.