More participants needed to strengthen iron ore industry (0) June 23, 2009 A higher level of credible participants on Australia’s iron ore scene is needed to drive the spot market and strengthen confidence in the industry, an analyst told MINING DAILY.
Anglo rejects Xstrata bid (0) June 23, 2009 Anglo American has rejected an $84 billion merger bid by its rival Xstrata and slammed terms of the proposed deal as ‘totally unacceptable.’
Mining shares plunge (0) June 23, 2009 Share prices of Australia’s mining companies fell yesterday but none as sharply as Fortescue Metals.
BHP-Rio deal faces court (0) June 22, 2009 The High Court will decide whether the US$116 billion Rio-BHP deal will attract stamp duty.
Gold project paves the way for discovery (0) June 22, 2009 YTC has acquired the Hera Gold Project in NSW with hopes of boosting base metal exploration and developments in central NSW.
Coal industry must get tougher (0) June 22, 2009 Manufacturer calls for tough new refuge chamber guidelines in the underground coal industry.
Macarthur completes placement (0) June 19, 2009 Macarthur Coal has completed the institutional placement of shares to raise $190 million.
Canister explosions prompt safety alert (0) June 19, 2009 The Queensland Department of Mines and Energy has issued a safety alert after two incidents involving bursting flushing agent canisters.
Merger won’t damage competition, Crean (0) June 18, 2009 The proposed joint venture between Rio Tinto and BHP Billiton will not lessen the level of competition between the two miners, Australia’s Trade Minister Simon Crean told journalists yesterday.
Infrastructure limits Victoria’s potential (0) June 17, 2009 Infrastructure constraints are being blamed for limiting Victoria’s mining industry and restricting Australia’s export economy.
Weakened demand damages Aussie dollar (0) June 17, 2009 Weakened demand for resources has prompted a fall in the Australian dollar against the Greenback.
Union takes Rio to court (0) June 16, 2009 Union takes on Rio Tinto in the latest row over new industrial relations laws.
Junior uncovers 6Mt deposit (0) June 16, 2009 Argonaut Resources has announced a six million tonne zinc and copper deposit at its Kroombit project in Central Queensland.
Fund raising for the Pilbara (0) June 16, 2009 Atlas Iron plans to raise up to $116.7 million to help fund the expansion of its Pilbara iron ore operations.
No guarantee for Xstrata workers (0) June 16, 2009 Xstrata Coal will offer employment help to the 174 workers affected by the planned 2010 closure of its United Collieries mine in the Hunter Valley, but can make no promises.
Deposit could create 30,000 jobs (0) June 16, 2009 Proto Resources has uncovered a mineral deposit that could lead to the development of several major mines.
Trucks and Transport Special Feature (0) June 16, 2009 Australian Mining will showcase the latest trucks, utes and off-road vehicles that will handle the tough conditions of a remote minesite in a new trucks and transport feature.
Readying for increased demand (0) June 16, 2009 Atlas Iron denies BHP-Rio merger was a factor in recent fundraising.
Asciano to raise $2 b (0) June 16, 2009 Asciano has entered a trading halt and announced a capital raising program to bring in minimum gross proceeds of $2 billion.
WA index climbs to 4mth high (0) June 12, 2009 The Deloitte WA Index has climbed to a four month high of $111.9 billion, marking a 53.8% rise in the Index since February this year.
China may look elsewhere for iron ore (0) June 12, 2009 Smaller iron ore producers in Western Australia will be the big winners after the collapsed Rio Tinto-Chinalco deal.
SA exploration slows (0) June 12, 2009 Australian Bureau of Statistics figures show South Australia’s exploration spending is down.
Mine Profile: Galilee Coal project (0) June 12, 2009 Waratah Coal’s proposed Galilee Coal project is set to re-shape the mining landscape in Central Queensland.
Trapped for 15 hours (0) June 11, 2009 Pictures of a hard-rock refuge chamber identical to that which was used in yesterday’s underground rockfall.
Iron ore contracts threaten WA industry (0) June 10, 2009 Cuts to new iron ore contracts could slash Western Australia’s royalty intake by as much as $240 million each year.
Operator penalised for safety breach (0) June 9, 2009 A mine operator has pleaded guilty to safety breaches that caused an accident in south-east Queensland.
Survey shows employment drop (0) June 9, 2009 Employment in Australia’s mining and construction sector is down 31% from the same time last year, according to the Manpower Employment Outlook Survey.
WA could be hit with Federal tax (0) June 9, 2009 The Chamber of Minerals and Energy of Western Australia has concerns for tax review’s impact.
WA Premier slams BHP Rio merge (0) June 9, 2009 The WA Premier has slammed the joint venture proposal between BHP Billiton and Rio Tinto.
Oz rejects Minmetals competition (0) June 9, 2009 Oz Minerals has rejected two recapitalisation proposals to refinance its debt.
Bowen Basin suffers at CPRS’ hands (0) June 5, 2009 The Bowen Basin will suffer the full brunt of the Federal Government’s proposed CPRS.
Rio – Chinalco deal collapses (0) June 5, 2009 Rio Tinto’s US$19.5 billion deal with Chinalco has reportedly fallen through.
WA exploration funding (0) June 5, 2009 The Western Australian Government’s Industry Drilling Program has attracted more than 150 applications for drilling projects in 2009-10.
Rio to tap shareholders (0) June 5, 2009 Rio Tinto will seek to raise capital through a US$15.2 billion ($19 billion) equity raising and an iron ore joint venture with rival BHP Billiton.
Qld to receive safety commissioner (0) June 4, 2009 The Bligh Government has passed a law allowing for the introduction of a Mine Safety and Health Commissioner.
Australia posts $91 m trade deficit (0) June 4, 2009 Australia has posted an unexpected trade deficit in April as lower prices for coal and iron ore caused exports to fall by the greatest amount since July 1997.
Beaconsfield seeks $5 m (0) June 4, 2009 Beaconsfield Gold is attempting to raise $5 million.
Leaders of tomorrow (0) June 4, 2009 OZ Minerals has brought together 12 young people from some of Australia’s most remote regions at its Young Leaders Forum.
Enough is enough (0) June 4, 2009 Greg Combet says the coal industry’s call for up to $10 billion worth of assistance is too high.
No radiation risk, BHP (0) June 4, 2009 BHP’s radioactive material poses no threat to public health, the company has said.
OZ minerals seals the deal (0) June 4, 2009 OZ Minerals has received all necessary approvals for the sale to Minmetals.
SA increases energy targets (0) June 4, 2009 SA premier Mike Rann will increase the State’s renewable energy target to 33% by 2020.
China in poor negotiating position, analyst (0) June 3, 2009 Record levels of demand have put China in a bad position to demand bigger price cuts to Australian iron ore, a leading resource analyst told MINING DAILY.
Mining boom not over, PwC (0) June 3, 2009 Despite the world’s largest mining companies seeing their combined net profits plunge US$9 billion in 2008, the mining boom is not over, according to PricewaterhouseCoopers.
Yarwun decision can wait, Chinalco (0) June 3, 2009 Chinalco will wait to make an investment decision regarding Rio’s Yarwun alumina refinery.
EPA rejects Mungada mine (0) June 3, 2009 The WA EPA has rejected Sinosteel Midwest Corporation’s proposal to mine hematite ore at Mungada.
Commodities market restores hope (0) June 3, 2009 Recovering commodities markets are restoring hope to Australia’s mining sector.
No extra compensation, ACA (0) June 3, 2009 According to the coal industry body, speculation the Federal Government will offer the coal industry an extra $500 million in compensation as part of the carbon pollution reduction scheme ...
Bowen Basin Spotlight (0) June 2, 2009 Australian Mining invites editorial contributions and story ideas for its Bowen Basin feature in the July 2009 issue.
Mapping & Surveying (0) June 2, 2009 Australian Mining invites editorial contributions and story ideas for its Mapping and Surveying feature in the July 2009 issue.
Diggers & Dumpers (Earthmoving) (0) June 2, 2009 Australian Mining is currently inviting editorial contributions for its Diggers and Dumpers (Earthmoving) feature coming up in the July 2009 edition.
Product Focus: Cranes & Lifting (0) June 2, 2009 Australian Mining invites editorial contributions and story ideas for its product focus on cranes and lifting equipment in the July 2009 issue.
Death in WA (23) June 2, 2009 A 34-year-old man has died at the Sino Iron project site.
Coal futures gets green light (0) June 2, 2009 The Australian Securities Exchange (ASX) will launch its thermal coal futures and options contracts on 07 July 2009.
China rejects iron ore deal (0) June 2, 2009 A pricing face-off is looming after Chinese authorities have rejected new benchmark iron ore prices.
Terminal sale needed, Bligh (0) June 2, 2009 Queensland’s economy is dependent on the sale of key assets, Premier Anna Bligh said.
QREX exhibitor preview in July issue (0) June 2, 2009 Australian Mining will present a comprehensive preview in the July issue of exhibitors at the Queensland Resources Exhibition (QREX) in Rockhampton.
Avoca strikes gold in WA (0) June 1, 2009 Avoca Resources has posted record results at its Trident gold mine.
Macarthur renews contracts (0) June 1, 2009 Sedgman Limited has extended and amalgamated $80 million worth of operating contracts at Macarthur Coal’s Coppabella and Moorvale coal mines.
A mine of biblical proportions (0) June 1, 2009 Waratah Coals proposed Galilee thermal coal project in Central Queensland will have an annual export capacity of 40 million tonnes.
NSW mining lease withdrawn (0) June 1, 2009 A NSW mining lease application has been withdrawn by despite gaining land approvals.
Tiger Resources roars ahead (0) June 1, 2009 Tiger Resources is one step further to developing a large copper project in North America.
Industrea wins BMA collision avoidance contract (0) June 1, 2009 Industrea Limited has announced a $5.4 million contract to supply its CAS-CAM/RF collision avoidance system to BHP Billiton Mitsubishi Alliance (BMA).
Iron ore miners still smiling (0) May 29, 2009 Benchmark iron ore prices drop 37% but still represent second highest price on record.
Industry working for indigenous communities (0) May 29, 2009 The Federal Government and the Mineral Council of Australia (MCA) have announced will tackle indigenous poverty in mining regions.
Company wins $57 m home (0) May 28, 2009 Decmil Australia has secured a $57 million contract with BHP Billiton for the design and construction of an accommodation village in Port Hedland.
Survey highlights skills in demand (0) May 28, 2009 More than 40% of Australian employers are struggling to fill vacancies, a recent survey found.
$7.5 billion coal project to create 7,500 jobs (0) May 28, 2009 Waratah Coal’s $7.5 billion thermal coal project is expected to create more than 6000 direct jobs during construction and 1,500 during operation.
OZ wins sale approval (0) May 28, 2009 OZ Minerals has received approval for the sale of its Martabe gold and silver project.
Failure of light vehicle steering box shaft (0) May 28, 2009 The Western Australian Department of Mines and Energy has released a safety alert following a steering box shaft failure on a mine site.
FMG settles Classic dispute (0) May 28, 2009 Fortescue Metals has reached an agreement in its shipping dispute with Classic Maritime.
Govt back-flips on share plan overhaul (634) May 27, 2009 Treasurer Wayne Swan has admitted the Government acted too rashly in its decision to crack down on employee share schemes.
Report highlights impediments to growth (0) May 27, 2009 Infrastructure suffers from a cancer of neglect, according to Minerals Council of Australia CEO Mitchell Hooke.
Pass the remote (0) May 26, 2009 Ernest Henry copper gold mine has commissioned Australia’s first radio remote controlled drill rig. Jessica Darnbrough writes for Australian Mining.
Manage your assets (0) May 26, 2009 One manufacturing company has managed to install a set of recession proof features. Jessica Darnbrough writes for Australian Mining.
Fox probes heap leaching viability (0) May 26, 2009 Fox Resources is testing the viability of heap leaching operations at two of its metal projects in the Pilbara.
Time running out for Investment Allowance (0) May 26, 2009 The Federal Government’s Investment Allowance packages have passed through both houses of Federal Parliament.
CYU posts positive results (0) May 26, 2009 China Yunnan Copper Australia (CYU) has posted positive drilling results at its Cloncurry North Project in Queensland.
Mining giant fined after injury (0) May 26, 2009 Rio Tinto Alcan has been fined nearly $200,000 after a worker fell into a pool of highly corrosive liquid.
Business as usual for Newcastle Port (0) May 26, 2009 The world’s biggest coal export harbor, Newcastle Port, has resumed normal shipping movements.
Rio redeploys 121 staff (0) May 26, 2009 More than 120 of Rio Tinto’s Argyle Diamond mine employees will be redeployed in to other areas of the business.
Second drill rig goes above and beyond (0) May 26, 2009 A second drill rig will be moved in to Cortona Resources’ Majors Creek Gold Project in NSW to expand its drilling program.
OZ restructures executive team (0) May 26, 2009 OZ Minerals has announced a string of new appointments to its executive team.
WA pleased with uranium news (0) May 25, 2009 The WA Government welcomes BHP Billiton’s plans to develop the Yeelirrie uranium deposit.
Positive results for QLD coal (0) May 25, 2009 Northern Energy Corporation has increased marketable reserves at its Elimatta coal project.
Open for business (0) May 25, 2009 South Australian Premiere Mike Rann yesterday officially opened OZ Minerals’ Prominent Hill mine.
Stirling taps into QLD zircon (0) May 25, 2009 Stirling Resources has acquired high grade zircon assets in Queensland.
Clean jobs (0) May 25, 2009 Researchers have found that the introduction of the Carbon Pollution Reduction Scheme will create more than 25,000 jobs in renewable energy projects.
Trade centre to stabilise iron ore pricing (0) May 25, 2009 China has opened the doors to an international iron ore trading centre which is set to pave the way for an iron ore price index.
Miners bitter over share scheme changes (0) May 22, 2009 The Australian Mines and Metals Association (AMMA) hopes to deliver the results of its employee share scheme survey to Kevin Rudd in a meeting next week, the company’s chief executive ...
23,510 jobs lost by 2020 (0) May 22, 2009 Queensland will experience unprecedented job losses at the hands of the Federal Government’s Carbon Pollution Reduction Scheme, Concept Economics’ sector-wide economic model has found.
Mining leaders address challenges (0) May 22, 2009 Spending on minerals and energy exploration is likely to reach record highs in 2008/2009.
Record spending (0) May 22, 2009 An Australian Bureau of Agricultural and Resource Economics (ABARE) has found exploration spending is likely to reach record highs.
Uranium on the horizon (0) May 22, 2009 BHP Billiton has submitted documents outlining plans to develop Australia’s first new uranium mine in more than 20 years, a BHP spokesperson told MINING DAILY.
AMEC Council elected (0) May 22, 2009 AMEC CEO Simon Bennison has announced the election of Will Robinson as President of AMEC.
Complete approval (0) May 21, 2009 Iluka Resources received final approval for its $420 million Jacinth-Ambrosia mineral sands project in South Australian.
Royalties for Regions scheme under attack (0) May 21, 2009 The West Australian Liberal Party has come under attack for deceiving the public about how its Royalties for Regions scheme is being funded.
AMEC brings in big guns (0) May 21, 2009 More than 600 delegates from across the globe have attended the Association of Mining and Exploration Companies’ (AMEC) fifth annual two-day National Mining Congress in Perth.
Outrage over tunnel project (0) May 21, 2009 The Australian Conservation Foundation has slammed plans for an exploration tunnel at the Ranger uranium mine in the Kakadu National Park.
Super efficient (0) May 21, 2009 One company has improved efficiency and throughput at a processing plant by establishing a predictive life cycle for its primary crusher.
How low can you go? (0) May 21, 2009 One machinery company has removed the need for manual labour and conveyor shutdowns when cleaning up on-site spillages.
Death at Mt Isa mine (0) May 20, 2009 An Xstrata employee has been killed in an accident at George Fisher mine.
Garnaut praises climate action (0) May 20, 2009 The Federal Government is on the right track with its climate change policies, according to Ross Garnaut
Gold research partnership (0) May 20, 2009 An emerging gold developer has joined forces with CSIRO to improve the geological understanding of the Albany-Fraser gold belt.
Small investors needed (0) May 20, 2009 Engineering contractor MacMahon Holdings has successfully secured $46 million in equity from institutional investors.
Rio may change terms (0) May 20, 2009 Rio Tinto may change the $US7.2 billion convertible bond issue with Chinalco to a capital raising to be underwritten by the Chinese company.
Dioro offer now open (0) May 20, 2009 Kalgoorlie gold company Avoca Resources has opened its offer to acquire all of the shares in Dioro Exploration.
A noble offer (0) May 19, 2009 Noble Group will run Gloucester Coal as an individual asset if its bid succeeds.
Minmetals edges closer to OZ deal (0) May 19, 2009 China’s economic planning agency has given the green light for the proposed $1.2 billion acquisition of Oz Minerals by China’s state-owned MinMetals.
Mining safety to go national (0) May 19, 2009 State-specific Occupational Health and Safety (OHS) laws may be rolled into a national framework.
Mine safety system goes global (0) May 19, 2009 A real-time risk management system for underground mines will be available globally after a Queensland company was awarded a licence to commercialise the CSIRO technology.
Green light for Avoca (0) May 19, 2009 The Foreign Investment Review Board (FIRB) has approved Avoca Resources’ acquisition of Dioro Exploration.
Continue safety reform, MCA (0) May 19, 2009 The Minerals Council of Australia has called for the Workplace Relations Ministerial Council to support the development of a Model Occupational Health and Safety Act.
Ranger environmental approval (0) May 19, 2009 Energy Resources of Australia’s Heap Leach Facility project will require formal environmental assessment under the Northern Territory Environmental Assessment Act (EAA) at the level of an Environmental Impact Statement (EIS). ...
Modular buildings at Yandi (25) May 18, 2009 A modular-building supplier will install a 1200-bed village and central facilities at BHP’s Spinifex Ridge project in Yandi, north of Newman in Western Australia.
Share placement a success, Apex (0) May 18, 2009 Apex Minerals has raised $14 million through a share placement to institutional and sophisticated investors.
The AusIMM welcomes Federal Budget (0) May 18, 2009 AusIMM CEO Michael Catchpole says the glaring omission from the Budget was the introduction of a Flow-Through Share scheme.
SA infrastructure steams ahead (0) May 18, 2009 South Australia’s mining infrastructure is set to take a step in the right direction, according to an industry expert.
Leighton lands contract extension (0) May 18, 2009 Leighton Contractors has landed a $160 million contract extension in central Queensland.
CME supports state budget (0) May 18, 2009 The Chamber of Minerals and Energy has generally welcomed the WA State Government’s focus on jobs and investment.
Deal clears latest hurdle (0) May 15, 2009 Rio Tinto’s US$19.5 billion investment deal with Chinalco has passed its latest obstacle after it obtained approval from the Committee on Foreign Investment in the United States (CFIUS).
Pilbara is buoyant, Shanahan (0) May 14, 2009 The Pilbara is currently enjoying heightened level of activity, Pilbara Development Commission chairman Tim Shanahan told MINING DAILY.
Revised Red Dome resource estimate (0) May 14, 2009 Kagara has informed the market that a new resource estimate for the Red Dome deposit at Chillagoe in north Queensland has been completed.
New Mantle tenements granted (0) May 14, 2009 Mantle Mining Corporation has been granted Exploration Licence EL 27035 for an initial six year period in the Northern Territory.
Mutiny Gold mineralisation zones (0) May 14, 2009 Mutiny Gold has confirmed five new gold mineralisation zones within the White Well Project area.
Federal budget delivers broken promise (0) May 14, 2009 The Association of Mining and Exploration Companies (AMEC) has expressed its disappointment in the Rudd Government’s failure to deliver on a key election promise – Flow Through Shares.
Ravensthorpe development (0) May 14, 2009 Emerging lithium producer, Galaxy Resources has announced that it has raised $6.65 million via a capital book build to sophisticated investors of State One Stockbroking.
Steep profit plunge (0) May 14, 2009 Leighton Holdings has seen its net profits fall 41% for the nine months to March 31.
Losses force MacMahon’s hand (0) May 14, 2009 MacMahon Holdings will attempt to raise $60 million through an entitlement offer and share placement.
Mount Peake drill results (0) May 14, 2009 TNG Limited reports Davis Tube Recovery (DTR) and metallurgical results.
$20.5 million for engineering pavilion (0) May 14, 2009 Curtin University of Technology has welcomed the Federal Government’s $20.5 million funding for a new Engineering Pavilion Complex.
Western Areas raises $35.35 million (0) May 14, 2009 Western Areas has successfully completed an ordinary share placement raising $35.35 million.
Wet ore: a sticky issue (7) May 13, 2009 Handling Wet and Sticky Ore (WSO) is a long-standing issue which has left many mining companies shrugging their shoulders. Louise Wallace writes.
WA Index surges past $100 billion (0) May 13, 2009 Western Australian listed companies featured in the Deloitte WA Index surge during April.
Joint venture appeals EPA conditions (0) May 13, 2009 Karara Joint Venture will appeal against some of the conditions contained in the Reports released by the Environmental Protection Authority (EPA) of Western Australia.
Price query explained (0) May 13, 2009 Fortescue Metals has attributed a recent jump in its share price to media coverage of the possibility that the company could be listed on the Shanghai Stock Exchange.
More nickel jobs to go (0) May 13, 2009 Up to 240 jobs could be lost as BHP Billiton has announced that it will suspend operations at its Leinster nickel mine in Western Australia.
Industry welcomes Oakajee injection (0) May 13, 2009 The Federal Government will allocate $339 million over the next four years towards the development of common user facilities at the deepwater port at Oakajee.
Nickel project creates 3000 jobs (0) May 12, 2009 A central Queensland nickel project has been given the all clear by the Federal Government.
Pilbara receives 100km pipeline (0) May 12, 2009 An underground pipeline will be used to transport iron ore more than 100km across WA’s north-west.
Boart braces for tough year ahead (0) May 12, 2009 Boart Longyear is considering a capital raising to cut debt and brace for lower 2009 earnings.
Simulation centre opens doors (0) May 12, 2009 The Australian Simulation Research Office (ASRO) will open its doors in Mackay on Friday.
Nickel miners join forces in WA (0) May 12, 2009 Two leading nickel miners have joined to maximise one of Australia’s largest high grade nickel resources.
Gold miner steps ahead (0) May 12, 2009 A1 Minerals is one step closer to gold production at its BrightStar Project in WA.
Budget an opportunity, Roche (0) May 12, 2009 The QRC’s Michael Roche says tonight’s Federal Budget is an opportunity for the Government to help to create jobs and infrastructure in regional Queensland.
