Trapped miner found dead at BHP’s Perseverance mine (0) April 12, 2010 A miner at BHP Billiton’s Perseverance nickel mine in Western Australia was this morning found dead nearly 24 hours after his vehicle fell 18 m down a stope.
Miner trapped (0) April 12, 2010 A miner has been trapped underground since yesterday.
BC Iron reaches native agreement for Nullagine project (0) April 9, 2010 BC Iron today received the native title agreement for its Nullagine iron ore joint venture with Fortescue Metals in Western Australia’s East Pilbara region.
Newcrest approved for Cadia East (0) April 9, 2010 Newcrest has received approval for the development of its Cadia East underground mine.
Safety levy for mines (0) April 9, 2010 A new safety and inspection levy is set to hit mines.
No breakthrough in WA royalty talks (0) April 8, 2010 WA Premier Colin Barnett has stood firm on threats to raise mining royalties after meeting with BHP Billiton and Rio Tinto executives.
Macarthur rejects renewed bid (0) April 8, 2010 Macarthur Coal has rejected Peabody’s takeover bid as still too low.
Hay Point port back online (0) April 7, 2010 BHP has begun re-opening the closed Hay Point coal terminal.
Applying the brakes on truck deaths (0) April 6, 2010 Four months ago, the Queensland Government launched a blitz to stop the deaths and injuries caused by ineffective brakes. Michael Mills reports on the progress on and off mine sites ...
China gives mixed messages on iron ore (0) April 6, 2010 Chinese Government and industry groups have given conflicting messages on China’s involvement in Australia’s iron ore industry.
Rio receives offer for last remaining Alcan asset (0) April 1, 2010 Rio Tinto has received an offer for the Alcan Beauty Packaging business from Sun European Partners, although the potential value of the sale is not yet known.
Breathing new life into SCSR changeover (0) April 1, 2010 The Queensland Government’s mine safety research body has investigated how to prevent miners from making life threatening mistakes during Self-Contained Self-Rescuer changeover procedures.
Macarthur board declines Peabody’s $3.3 billion takeover offer (0) March 31, 2010 The board of Macarthur Coal today turned down a takeover offer from US giant Peabody Energy, deeming it “not in the best interests of shareholders in its current form.”
Fortescue seeks death case dismissal (0) March 31, 2010 Fortescue Metals is applying to have charges relating to it workers’ deaths and injuries during Cyclone George dismissed.
Beating the heat (0) March 30, 2010 The CSIRO is working to develop a fire-suppressant gel as a potential solution to the risk of spontaneous combustion in underground coal mines.
China to deliver Hu verdict on 29 March (0) March 26, 2010 Former Rio Tinto executive Stern Hu will learn of his fate next week on the 29 March, when the court delivers the verdict in his trial for accepting bribery and ...
ACCC launch probe into Rio BHP iron ore merger (0) March 26, 2010 The ACCC will re-investigate claims that Rio and BHP’s Pilbara iron ore venture will effect market supply and competition.
Cyclone closes down coal terminal (0) March 22, 2010 Cyclone Ului has forced the suspension of activities at Macarthur Coal’s Dalrymple port.
Fly In Fly Out in mining not as bad as thought (0) March 22, 2010 A report has found that Fly In-Fly Out workers may not be as negatively affected by the lifestyle as is traditionally thought. Paul Hayes reports.
Hu trial begins today (0) March 22, 2010 The trial of former Australian Rio Tinto executive Stern Hu gets underway today, with confirmation that Australian consular officials would be barred from parts of the proceedings.
Mining safety guide outlines changes to national legislation (0) March 19, 2010 This year’s Mining Industry Guide to Workplace Safety will focus on helping employers and employees prepare for the imminent national occupational health and safety legislation.
Safety report into mine workshop roller shutter injury (0) March 19, 2010 The Western Australian DMP has issued a report into an incident which left a fitter with serious head injuries after he was struck by a roller shutter door.
CBH directors give revised Toho offer the green light (0) March 18, 2010 The directors of CBH Resources has recommended the a revised takeover offer from its major shareholder Toho Zinc, in favour of a bid from Belgian miner Nyrstar.
Australian consular officials barred from parts of Stern Hu trial (0) March 18, 2010 A date for the trial of four former Rio Tinto executives arrested in Shanghai last year for alleged corporate espionage, including Australian Stern Hu, has been set for next Monday.
NCIG accepts first trainload of Hunter Valley export coal (0) March 18, 2010 The first trainload of Hunter Valley coal for export arrived at the recently opened third coal terminal at the Port of Newcastle yesterday, NSW Ports Minister Paul McLeay announced.
Job prospects for Bickham coal mine better than expected (0) March 17, 2010 The Hunter Valley Research Foundation (HVRF) has predicted the proposed Bickham coal mine could employ nearly three times as many full time staff as previously estimated.
Moore cagey on increases to mining royalties (0) March 17, 2010 Western Australian Minister for Mines and Petroleum Norman Moore has claimed any changes to the State’s mining royalties may be necessary in the wake of the Federal Government’s Henry Tax ...
QME exhibition space 90% sold out (0) March 16, 2010 Queensland’s longest-established and largest resources industry show, the Queensland Mining & Engineering (QME) exhibition, is 90% sold out.
NSW Minerals Council slams court decision on land access (0) March 16, 2010 The Supreme Court’s recent decision on land access agreements would effectively stop exploration and make it impossible to do business in NSW, according to NSW Minerals Council CEO Dr Nikki ...
Coal subsidy claims under fire (0) March 16, 2010 Bligh Government claims that taxpayers have been subsidising the Queensland coal industry “over decades” should be scrutinised by State Parliament as a matter of urgency, according to the Queensland Resources ...
Contract Mining and Services (0) March 16, 2010 Australian Mining calls for editorial contributions to the April Contract Mining and Services features.
Electrical Equipment and Cables (0) March 16, 2010 Australian Mining calls for editorial contributions to the April Electrical Equipment and Cables feature.
Fortescue upgrades production targets for Solomon (0) March 15, 2010 Fortescue Metals has increased the annual production target at its Solomon iron ore mine in the Pilbara from 60 million tonnes to 100 million tonnes.
Paydirt Gold Conference kicks off today (0) March 15, 2010 The two-day 2010 Paydirt Gold Conference got underway in Perth this morning, with the “recession-proof” gold price expected to be the biggest talking point.
Construction starts on new Mount Isa drill core storage facility (0) March 15, 2010 A new $4.8 million Queensland Government drill core facility being built in Mount Isa will store up to 700 kilometres of rock samples and help boost mining exploration in the ...
Western Australia’s top women in mining recognised (0) March 15, 2010 Some of Western Australia’s most outstanding individuals and companies were recently recognised as part of the Chamber of Minerals and Energy of Western Australia (CME) inaugural Women in Resources Awards, ...
CBH receives improved Nyrstar offer (0) March 12, 2010 CBH Resources today announced it had received a sweetened 19.5 cent per share takeover offer from Belgian company Nyrstar.
Worksafe Victoria convenes mining safety management forum (0) March 12, 2010 WorkSafe Victoria last week convened a meeting between staff from five of the state’s key mining operations to discuss safety procedures and hazard management.
WA DMP releases report into death of rail maintenance worker (0) March 12, 2010 The Western Australian Department of Mines and Petroleum has released a report into the death of a railway maintenance worker who was struck down by a passing iron ore train ...
New accommodation for short-term workers in Karratha (0) March 12, 2010 The WA Government has chosen The MAC Services Group Limited (The MAC) as the preferred proponent to build and manage a workers’ accommodation facility on a 12ha site at Gap ...
Geothermal permits in Western Australia granted (0) March 12, 2010 The WA State Government has granted 10 new exploration permits to companies looking to develop geothermal energy projects in Western Australia.
No threat to humans in Kalgoorlie-Boulder uranium tests: Minister (0) March 12, 2010 WA Mines and Petroleum Minister Norman Moore today quashed rumours of a possible health risk from radiation at a decommissioned uranium testing site near Kalgoorlie-Boulder, following completion of testing at ...
Vale seeks 90% increase on iron ore benchmark (0) March 11, 2010 The world’s largest iron ore miner, Vale, has moved to increase the iron ore benchmark price by more than 90% in negotiations with Japanese steel companies.
WA approves Balmoral South iron ore project (0) March 11, 2010 The Western Australian Government has given a conditional approval for Australasian Resources’ Balmoral South iron ore project.
Cape Lambert readies Lady Annie sale (0) March 11, 2010 Cape Lambert Resources today entered a trading halt as it prepared to sell off its Lady Annie copper project near Mount Isa, Queensland.
Aurox Atlas merger (0) March 10, 2010 Atlas Iron has announced its intention to merge with fellow miner Aurox Resources.
Griffin debt grows (0) March 10, 2010 Griffin Coal’s failure to meet royalty payments has added to its debt woes.
Bringing space technology back to earth for Australian mining industry (0) March 10, 2010 Scientists involved in CSIRO’s Minerals Down Under Flagship are transferring technologies developed for space exploration and mining on the Moon and Mars, into new applications for the Australian mining industry.
Coal miners unite in bid for Queensland Rail (0) March 9, 2010 Queensland coal miners have resolved to band together to take ownership of Queensland Rail (QR), labelling the State Government’s privatisation plans as “in the interest of neither the coal industry ...
Juniors bypass the majors (0) March 9, 2010 An alliance of iron ore miners have progressed plans for another port facility at Port Hedland.
Range River Gold re-opens historic Mt Morgans gold mine (0) March 5, 2010 Range River Gold yesterday officially opened its mining operations in the historic Mt Morgans area between Leonora and Laverton in Western Australia.
Castlemaine acquires Lihir Ballarat gold project (0) March 5, 2010 Castlemaine Goldfields today bought Lihir Gold’s unsuccessful Ballarat gold project for $4.5 million in cash as well as a percentage of future production revenues.
Aquila takes Vale to court over Eagle Downs dispute (0) March 5, 2010 Aquila Resources is taking Vale-subsidiary Bowen Central Coal to court as a result of the impasse over the Eagle Downs coking coal project.
WA explorers urged to apply for drilling funds (0) March 5, 2010 WA Mines Minister Norman Moore has called on minerals explorers to apply for more than $5 million of Government funding.
Contractor capital raise (0) March 4, 2010 Driller Swick Mining has raised close to $20 million through a share placement.
Actively reducing collision risks on site (0) March 4, 2010 The Queensland DEEDI has undertaken a project to sharply reduce the number of vehicle collisions on mine sites.
Moore dismisses uranium ‘scaremongering’ (0) March 3, 2010 Western Australian Mines Minister Norman Moore yesterday dismissed Federal Labor candidate Ian Bishop’s concerns about an old Western Mining-BHP Billiton uranium test site as “scaremongering.”
Iron ore benchmark set to soar (0) March 3, 2010 Investment banks have predicted a massive leap in the iron ore benchmark prices for this year.
Hydraulic hose rupture prompts safety alert (0) March 3, 2010 The Queensland Mines Inspectorate has issued a safety alert after a high pressure emulsion line on a hydraulic longwall pump sled ruptured.
ABARE forecasts strong demand for iron ore (10) March 2, 2010 ABARE is predicting a positive outlook for the global steel industry in 2010-11, which will drive iron ore and metallurgical coal exports up to $35.1 billion and $30.5 billion respectively.
Copper up on tragedy (0) March 2, 2010 The price of copper climbed following Chile’s earthquake over the weekend, which saw the halting of major copper mines.
Rio Tinto completes Alcan divestmests (0) March 2, 2010 In a further effort to repay its debts, Rio Tinto has sold the Alcan Packaging food Americas division to global packaging manufacturer Bemis Company for US$1.2 billion (around A$1.33 billion).
Airborne geological survey flies over south-east NSW (0) March 2, 2010 The New South Wales Government has funded an $850,000 airborne geophysical survey to study the earth’s crust over the State’s south-eastern regions.
Miners reject premier’s claims (0) March 1, 2010 The WA Chamber of Minerals and Energy has rejected Colin Barnett’s claims that the mining industry is grossly undertaxed.
Super pit expansion (0) March 1, 2010 Kalgoorlie’s super pit is moving closer to expansion but the move has raised concern from local residents.
Uranium demand set to quadruple by 2050 (0) March 1, 2010 A climate change academic from the University of Adelaide has predicted the global demand for mined uranium will rise at least four times in the next 30 years.
Vale ignores Eagle Downs deadline (0) March 1, 2010 Aquila Resources today confirmed that Vale-subsidiary Bowen Central Coal (BCC) had not signed off on the infrastructure arrangements for the Eagle Downs project by last Friday’s deadline.
Fortescue’s Catlow retires from board (0) February 26, 2010 Fortescue Metals’ original chief financial officer, Christopher Catlow, today announced his retirement from the company effective 31 May.
Worley calls for nuclear discussion (0) February 26, 2010 John Grills has called for open discussion on the future of nuclear energy in Australia.
Pilbara joint venture stalls (0) February 26, 2010 BHP and Rio’s Pilbara iron ore joint venture has hit another snag.
Aquila Resources reports $12.4 million loss for the half-year (0) February 26, 2010 Aquila Resources this morning reported a $12.4 million net loss after tax for the six months up to 31 December 2009, its half-yearly financial results released this morning.
Magellan restarts operations at Wiluna mine (0) February 26, 2010 Magellan Metals has restarted operations at its lead carbonate mine near Wiluna, Western Australia, nearly three years after the State Government banned lead shipments on safety grounds.
Iluka reports net loss (0) February 25, 2010 Iluka Resources reported a loss for the year, and is predicting another for the 2010 first half.
Longer shifts will injure miners, CFMEU (0) February 24, 2010 Longer standard shifts at BMA’s coal mines will be detrimental to safety at the mine, the CFMEU has claimed.
Dispute leaves Eagle Downs grounded (0) February 24, 2010 Aquila Resources and Bowen Central Coal are disputing the infrastructure arrangements for their Eagle Downs hard coking coal project in Queensland.
Xstrata breathes easy in Mt Isa (0) February 24, 2010 Further tests have found that Xstrata did not exceed legal lead levels at its operations in Mt Isa.
Queensland miners support land-use framework (0) February 23, 2010 QRC chief executive Michael Roche believes the State Government’s plans for a long-term land-use planning framework would provide “absolute certainty.”
Avoca reaches compulsory takeover mark for Dioro (0) February 23, 2010 Avoca Resources has acquired more than 90% of Dioro Exploration and will now complete the compulsory acquisition of the remaining shares.
Miners want more workplace flexibility (0) February 23, 2010 The Australian Mines and Metals Association has urged both sides of government to release policies supporting major changes to national workplace laws.
Rare earth miner talks end (0) February 23, 2010 Rare earths miner Arafura has ended talks with Chinese company Jiangsu.
Temporary miners earn more (0) February 22, 2010 Miners on 457 visas earn more than other overseas skilled workers on the same visa.
Fortescue delays ramp up plans (0) February 22, 2010 Fortescue has postponed a planned production increase as it struggles to gain funding from outside sources.
Rio gets an A- (0) February 22, 2010 Rio has been given an upgrade in its credit rating from Fitch Ratings.
Xstrata denies excessive lead levels (0) February 22, 2010 Xstrata says its Mt Isa operations did not exceed legal lead levels during last year’s December quarter.
WA Govt. renews Pilbara education funding (0) February 19, 2010 WA Minister for Education Liz Constable yesterday announced a three-year extension to the Pilbara Education Partnership with BHP Billiton Iron Ore.
Lihir books profit (0) February 19, 2010 Lihir has announced a rise in profits and revenues from the previous fiscal year.
Decade of opportunity for Queensland (0) February 19, 2010 The QRC has delivered a ‘best scenario’ analysis of the State’s resource sector that predicts a major jump in revenue by 2020.
ACCC delays joint venture review (0) February 19, 2010 The ACCC has delayed its review of the proposed Pilbara iron ore joint venture between BHP Billiton and Rio Tinto.
Fortescue’s dramatic drop (0) February 19, 2010 Fortescue has reported a heavily diminished profit from last year.
WA Index falls after 12 months of growth (0) February 18, 2010 The market capitalisation of Western Australian listed companies decreased for the first time in 12 months in January.
Longwall hydraulics failure prompts safety alert (0) February 18, 2010 Industry and Investment NSW has issued a safety alert after the “catastrophic failure” of hydraulic isolation valves on a longwall system.
Roche wants QLD coal part of rail privatisation (0) February 18, 2010 QRC chief executive Michael Roche has warned the State Government against leaving the coal industry out of its plans to privatise Queensland Rail’s coal rail business.
Mining school may close (0) February 18, 2010 Low numbers may force the closure of Kalgoorlie’s school of mines.
WA reduces applications backlog (0) February 18, 2010 A new report shows that the WA Department of Mines and Petroleum has made progress in trimming down its build-up of mining approvals.
‘Get on with it,’ MCA to Rudd (0) February 17, 2010 MCA chief executive Mitchell Hooke has called on the Federal Government to institute economic reforms and improve infrastructure.
Vehicle hoist incidents prompt safety concerns (0) February 17, 2010 Industry and Investment NSW has issued a safety bulletin to the mining industry concerning the use of light vehicle service hoists.
China won’t be alone for long, Elliott (0) February 17, 2010 Ernst & Young mining leader Mike Elliott told MINING DAILY that while China’s dominance of Australian mining investment was made easier by a lack of competition, it will soon have ...
Terpu steps down (0) February 17, 2010 John Terpu has stepped down from the leadership of Conquest.
Sage eyeing Griffin (0) February 16, 2010 Tony Sage has told MINING DAILY that he is considering acquisition of Griffin Coal’s beleaguered assets.
Galaxy lands deal in Japan (0) February 16, 2010 Galaxy Resources has signed an off-take agreement with Japan’s Mitsubishi Corporation.
Mining jobs at risk (0) February 16, 2010 Congestion at Perth Airport has put mining jobs at risk.
IMX upgrades Tonghua contract (0) February 16, 2010 IMX Resources yesterday extended its three-year sales contract with Tonghua Mining to carry on for the duration of the Cairn Hill mine’s working life.
China at the top of Australian M&A (0) February 16, 2010 A new report has found that China accounted for two thirds of Australian mining merger and acquisition deals in 2009.
Royalty speculation ‘unhelpful’, AMEC (0) February 15, 2010 AMEC chief executive Simon Bennison has labelled WA Treasurer Troy Buswell’s comments on mining royalties as “extremely unhelpful” and “damaging.”
Emeco withdraws from Europe (0) February 15, 2010 Heavy earthmoving equipment company Emeco Holdings is pulling out of Europe as a result of “continued underperformance.”
Metals X acquisition (0) February 15, 2010 Metals X has acquired a major stake in Jabiru Metals.
Paladin posts reduced loss (0) February 15, 2010 Uranium miner Paladin Energy has posted a first half net loss of US$19 million, a significant improvement on the US$475.6 million loss from the same period a year earlier.
Iron ore price set to surge (0) February 15, 2010 Iron ore prices could hit record levels as miners push for the current spot price to indicate the new benchmark.
Ramelius relinquishes Dioro stake (0) February 12, 2010 Ramelius Resources has conceded defeat in the takeover war for Dioro Exploration, after agreeing to sell its 37.51% stake to rival bidder Avoca Resources.
Female employment grows in QLD (0) February 12, 2010 The percentage of women employed in the Queensland resources sector grew to 14% last year, compared to 11.3% in 2007-08.
Ravensthorpe restart (0) February 12, 2010 First Quantum has finalised the purchase of Ravensthorpe and outlined its restarting.
Olympic Dam shaft accident proving costly (0) February 12, 2010 The hoist accident at BHP’s Olympic Dam mine may cost the company up to US$200 million in lost profit.
Better than expected profits for Rio (0) February 12, 2010 Rio Tinto finds itself in a solid financial position after posting unexpectedly strong full year profits.
Australian Mine Map (0) February 11, 2010 Australian map of operating mines. Data from Geosciences Australia
QLD moves to conserve cropping land (0) February 11, 2010 The Queensland Minister for Infrastructure and Planning Stirling Hinchliffe yesterday announced plans to protect the State’s food growing land from mining development.
Contamination accusations (0) February 11, 2010 ERA has been accused of leaking significant amounts of uranium from its dam.
Galaxy gain long term shipping (0) February 11, 2010 Lithium miner Galaxy arranges long term shipping for its concentrates.
Queensland mines charged (0) February 11, 2010 Two mines in Queensland’s north west have been charged with causing serious environmental harm.
Caution the name of the game, Kloppers (0) February 11, 2010 BHP Billiton boss Marius Kloppers has urged caution when assessing the mining industry’s strength in the immediate future.
Ramelius fails in Dioro bid (0) February 10, 2010 Ramelius Resources now holds 37.51% of Dioro Exploration, after its takeover bid closed earlier this week.
Changes to Royalties for Regions program (0) February 10, 2010 Western Australian Minister for Regional Development Brendon Grylls has outlined how mining royalties will be spent in country areas for the 2010-11 financial year
Iluka opens new mine (0) February 10, 2010 Iluka Resources have opened South Australia’s newest mine.
OZ names new chairman (0) February 10, 2010 OZ Minerals has named the likely successor for outgoing chairman Barry Cusack.
Doubts cloud Palmer’s coal deal (0) February 10, 2010 Clive Palmer’s US$60 coal export deal has been brought into further doubt after more denials from China.
MCC signs on with Aurox (19) February 9, 2010 The Metallurgical Corporation of China will provide engineering services and funding assistance for Aurox Resources’ $1.78 billion Balla Balla iron ore project.
Tusker board approves Barrick offer (0) February 9, 2010 The board of Tusker Gold has unanimously recommended an 80 cent per share takeover bid from Barrick Gold.
Coal deal not complete, China (0) February 9, 2010 A Chinese news agency has reported that the company involved in Clive Palmer’s US$60 billion coal export deal has rejected suggestions the deal is finalised.
Miners locked out (0) February 9, 2010 Miners have been locked out of Xstrata’s Tahmoor colliery over ongoing disputes
BHP shuffles iron ore roles (0) February 9, 2010 BHP has named a new iron ore president ahead of its upcoming joint venture with Rio Tinto.
Immigration reforms to tackle skills shortages (0) February 8, 2010 Reforms to the national permanent skilled migration program could ease the looming skills shortages in the mining industry.
Pilbara Cities getting underway (0) February 8, 2010 The WA Government is calling for expressions of interest from Australian developers in the revitalisation of South Hedland.
ASIC appeals twiggy dismissal (0) February 5, 2010 ASIC has appealed against the dismissal of its case against Fortesuce Metals and Andrew ‘Twiggy’ Forrest
IPO taken off the market (0) February 5, 2010 Cape Lambert Resources has withdrawn the IPO for Q Copper in the face of poor market conditions.
Major rail contracts secured (0) February 5, 2010 Both Asciano and Downer EDI yesterday announced the signing of key rail haulage contracts.
Native Title lag (0) February 5, 2010 The University of Queensland has announced a course to assist the mining industry with the latest amendments to Native Title legislation.
Troy goes where the gold is (0) February 4, 2010 Troy Resources speaks with MINING DAILY about its search for gold, and the current gold situation in Australia.
Tin contract awarded (0) February 4, 2010 Macmahon has won a two year contract to service Bluestone’s tin mine.
Rocklands terminates Jindal takeover talks (0) February 4, 2010 Rocklands Richfield’s share price took a significant hit yesterday, after the coking coal developer announced it had halted takeover negotiations with Indian company Jindal Steel and Power.
Newmont boss flags record gold prices (0) February 4, 2010 Newmont president Richard O’Brien predicted gold prices could rise as high as US$1350 per ounce this year at the opening of Australia’s largest gold mine yesterday.
Rio completes asset sale, mulls Argyle restart (0) February 3, 2010 Rio Tinto has continued its debt repayment efforts by divesting several Alcan Packaging divisions to Amcor for $1.95 billion.
Waratah Coal’s resource base blooms (0) February 3, 2010 Clive Palmer’s Waratah Coal has nearly doubled its total coal resource base after discovering an additional 3.48 billion tonnes at its North Alpha project.
Equinox rolls over (0) February 3, 2010 Equinox Resources has reached a deal to roll over $400 million in debt.
Iron ore talks reportedly underway (0) February 3, 2010 Contract price negotiations are said to be happening in Singapore between Chinese steel makers and Australian iron ore producers.
Mid-west infrastructure sharing deal (0) February 2, 2010 Two Western Australian iron ore miners yesterday unveiled the first infrastructure sharing agreement in the State’s mid-west region.
BHP expects profit drop (0) February 2, 2010 BHP has been forecast to see a significant drop in profits.
Palmer tops donor list (0) February 2, 2010 Figures have shown Clive Palmer to be Australia’s largest political donor.
ERA in the box seat, CEO (0) February 1, 2010 Energy Resources Australia chief executive Rob Atkinson has told MINING DAILY his company is well positioned for success in the expanding uranium market.
Kagara spin off gold (0) February 1, 2010 Kagara Ltd will spin off its gold assets in an IPO in April.
Xstrata plans massive coal complex (0) February 1, 2010 Xstrata Coal is aiming to develop a $15 billion, 100 million tonne per annum coal complex near the Queensland town of Wandoan.
Rio Tinto has continued its debt repayment efforts by divesting several Alcan Packaging divisions to Amcor for $1.95 billion.