Ease the squeeze (0) March 3, 2009 A new round of job losses in the coal industry is a is an opportunity for the next Queensland State Government to demonstrate how it will reduce the cost squeeze ...
Chinalco president Down Under (0) March 3, 2009 Chinalco’s $30 billion dollar deal with Rio Tinto will not jeopardise Australia’s control over its own natural resources, president Xiong Weiping told reporters in Sydney.
Facility upgrade delivers the goods (0) March 3, 2009 T.W. Woods has completed a multi-million dollar upgrade to its Tomago facility to enhance its services to the coal and ore handling markets.
Anglo Coal cuts staff (0) March 3, 2009 Anglo Coal Australia will cut 650 employees from its operations in the coming weeks.
Chinese investment good for Australia (0) March 2, 2009 The increasing level of Chinese investment has created a heightened level of concern for those in the resources sector, yet the increased investment is not necessarily a bad thing, Deloitte ...
Vehicles collide on mine site (0) March 2, 2009 The Western Australia Department of Mines and Petroleum has released a significant incident report asking all minesites to perform regular documented traffic management audits after a light vehicle operator was ...
Australia signs FTA with NZ (0) March 2, 2009 Australia and New Zealand have signed a Free Trade Agreement, allowing the country’s economic relationship to develop, Minerals Council of Australia chief executive Mitchell Hooke said.
Coffey achieves record profits (0) March 2, 2009 Project management consultancy Coffey International has announced record operating earnings of $32.6 million for the six months ending December, 2008.
Storm in the Pilbara (0) March 2, 2009 A tropical storm hit the Pilbara region over the weekend, forcing both BHP Billiton Iron Ore and Fortescue to temporarily restrict operations.
National skills advisors to enhance productivity (0) March 2, 2009 A network of industry skills advisors is set to enhance workforce performance and boost productivity in the resources sector, according to SkillsDMC
A CONVEYient solution (0) March 2, 2009 Industrial Conveying Australia is now supplying specialised niche materials handling fitouts, controls systems and ongoing maintenance to the small and medium sized mining sector.
Boart records profit as job numbers fall (0) February 27, 2009 Boart Longyear has reported a rise in profit for the first time since cutting 2000 jobs worldwide.
Delay carbon scheme, Ai Group (0) February 27, 2009 The proposed 2010 start date for the Federal Government’s Carbon Pollution Reduction Scheme (CPRS) is both unnecessary and unrealistic, Australian Industry (Ai) Group CEO Heather Ridout said after a national ...
Money’s too tight to mention (0) February 27, 2009 If skeptics are correct, and demand for minerals will not return to the levels seen in recent years, why are Chinese companies so keen to have a piece of Australia’s ...
OZ extends at the deadline (0) February 27, 2009 OZ Minerals has secured approvals to extend the terms of its debt arrangements to March 31 this year.
OZ stays ‘positive’ on loans (0) February 27, 2009 Suggestions that OZ Minerals may default on $140 million of debt before today’s deadline are unfounded and premature, OZ relations manager Matthew Foran told MINING DAILY.
Galaxy Resources update (0) February 27, 2009 Galaxy Resources Limited has signed a Memorandum of Understanding with the Esperance Port Authority in order to investigate, evaluate and progress the export of Spodumene product through the Port of ...
Making hay while gold shines (0) February 27, 2009 Intrepid Mines Limited (IAU) has reported that its Western Australian gold mine, Paulsens, achieved a cash margin of A$1,000 an ounce last week.
Prospect Awards 2009 Launch Issue (0) February 26, 2009 Australian Mining Magazine has launched the 6th annual Australian Mining Prospect Awards.
Electrical Equipment & Cables (0) February 26, 2009 Australian Mining is currently inviting editorial contributions and story ideas for its Electrical Equipment and Cables feature coming up in the April 2009 edition.
Product Focus: Motors and Drives (0) February 26, 2009 Australian Mining is currently inviting editorial contributions for its Motors and Drives Product Focus.
Hunter Valley Spotlight (0) February 26, 2009 Australian Mining is currently inviting editorial contributions and stroy ideas for its Hunter Valley Spotlight feature coming up in the April edition
Environmental Management (0) February 26, 2009 Australian Mining is currently inviting editorial contributions and story ideas for its Environmental Management feature coming up in the April 2009 edition.
World’s greatest shave, mine challenge (0) February 26, 2009 The Leukaemia Foundation has launched the 2009 World’s Greatest Shave Mine Challenge and is once again looking to raise over $400,000.
GIS technology improves decision making (0) February 25, 2009 An Australian coal industry research project has found that although many mines are using spatial data in a Geographic Information System (GIS), they could be using the technology more effectively. ...
Fortescue strikes $1.2b deal with China (0) February 25, 2009 China’s Hunan Valin Iron and Steel Group is set to buy more than 16% of Fortescue Metals Group for $1.2 billion, adding to a recent rush of Chinese investment in ...
BHP fatality in Pilbara (1) February 25, 2009 A BHP Billiton iron ore employee has been killed on the company’s main train line in Western Australia’s Pilbara region.
Broader scope for Native Title benefits (0) February 25, 2009 The Federal Government’s Native Title Payments Working Group Report focuses too much on the responsibilities of the minerals industry and should give more consideration to the private sector, the Minerals ...
Ready for the upswing (0) February 25, 2009 Queensland’s next State government needs to implement a plan to take full advantage of the next mining upswing, Queensland Resources Council (QRC) CEO Michael Roche said.
Christmas comes early for Fortescue (0) February 25, 2009 Fortescue Metals Group has proven itself to be one of Australia’s busiest iron ore miners, with the company announcing the commencement of mining at its Christmas Creek Deposit in the ...
The gateway to tyre safety (0) February 25, 2009 Dr Guldidar Kizil and Tilman Rasche have developed a risk management tool that aims to create reliable tyre and rim management strategies. Jessica Darnbrough writes.
Savings for smelters (0) February 23, 2009 A barrier coating developed through CSIRO’s Light Metals Flagship offers aluminium smelters significant annual savings in reduced consumption of petroleum coke alone, according to researchers.
Gold prices soar; production falls (0) February 23, 2009 The price of gold is at record highs, yet gold production fell 12% in 2008, Surbiton Associates managing director Dr Sandra Close told MINING DAILY.
Missing link will go ahead, Fraser (0) February 23, 2009 Queensland Treasurer Andrew Fraser has confirmed that the government was committed to building the State’s Northern Missing Link project.
Atlas Iron takes out top honour (0) February 23, 2009 Atlas Iron’s managing director David Flanagan has won the First Among Equals title at the 40under40 Awards held on the steps of Parliament House last week.
Outlook shows resources strength (0) February 23, 2009 The Queensland resource sector’s capacity to drive the State economy through the global economic slowdown has been highlighted in Queensland Treasurer Andrew Fraser’s recently released Economic and Fiscal Update, according ...
Garrett approves McArthur (0) February 23, 2009 McArthur River Mine has been given the green light on its planned open-pit expansion from the Federal Government’s Environment Minister Peter Garrett.
Rio, BHP to set ore price (0) February 23, 2009 Rio Tinto or BHP Billiton will be expected to set the benchmark iron ore price this year after the traditional price-setter, Vale of Brazil, said it would pass the role ...
Mapping the future (0) February 23, 2009 Federal Minister for Resources and Energy Martin Ferguson has announced the release of a radiometric map of Australia, designed to give mining companies and mineral explorers a greater understanding of ...
Minmetals may keep buying (0) February 23, 2009 Minmetals may use its $2.6 billion takeover of OZ Minerals as a springboard to buy further Australian assets, OZ CEO Andrew Michelmore told the ABC.
Mining missed in stimulus, Catchpole (0) February 23, 2009 Despite being a major money generator for the national economy, Australia’s mining industry is being left behind in the Federal Government’s $42 billion stimulus package, Australasian Institute of Mining and ...
Hunter miner dies (0) February 20, 2009 A 59-year-old Singleton man has been killed in an industrial accident at a mine in New South Wales’ upper Hunter Valley.
Traditional owner to take Govt to UN (0) February 20, 2009 A traditional land owner has said he will take the McArthur River Mine expansion to the United Nations if the Federal Environment Minister Peter Garrett’s ruling does not include river ...
Unions push for export licenses (0) February 20, 2009 Mining unions are urging the Federal Government to re-introduce export licenses in a bid to control foreign owned capital.
Business as usual (0) February 20, 2009 Increasing levels of Chinese investment will not see operational change for Australian mining companies, Deloitte managing partner Keith Jones told MINING DAILY.
Industry dialogue opens up (0) February 20, 2009 Uranium industry representatives and indigenous leaders have joined together to form a Dialogue group that will shape the industry’s contribution to economic development.
China eyes off Fortescue (0) February 19, 2009 The recent wave of Chinese interest in Australian mining has continued, as Fortescue Metals has confirmed that it has met with China Investment Corp (CIC) over investment opportunities.
Work platform warning (0) February 18, 2009 The Western Australian Department of Mines and Petroleum (DMP) has released a Significant Incident Report after a worker was crushed in a pinch point of fixed Elevating Work Platform (EWP), ...
Engineering company reports solid growth (0) February 18, 2009 Monadelphous Group Limited has announced a record after tax profit of $36.8 million for the half year ended 31 December 2008, up 14.9% on the previous corresponding period, with mining ...
Skills for the future (0) February 18, 2009 Despite reports of major job losses in the industry, employment in Queensland’s resources sector is still at near record levels, the Queensland Resources Council (QRC) said.
Nickel jobs lost (0) February 18, 2009 More than 300 jobs will be lost after Norilsk Nickel announced it was suspending its two nickel operations in Western Australia.
OZ sale could save jobs (0) February 18, 2009 Despite some voices of dissent that are wary of a Chinese state-owned company acquiring a large stake in another Australian company, Minmetals $2.6 billion takeover offer for OZ Minerals will ...
Suspensions after severe rain (0) February 18, 2009 Rio Tinto has suspended all operations at Pannawonica and Brockman/Nammuldi, and pit operations at Tom Price and Paraburdoo, as a severe low-pressure system and associated trough results in prolonged heavy ...
Cosmic Boy on track (0) February 18, 2009 The Board of Western Areas has announced the Cosmic Boy nickel concentrate plant has processed first ore and is on track to ramp up to steady state production by the ...
Exploration incentive scheme welcomed (0) February 17, 2009 The Association of Mining & Exploration Companies (AMEC) has congratulated the WA State Government for its commitment to introduce a $80 million, four year exploration incentive program.
Functional assessments to reduce injury (0) February 17, 2009 Konekt Business Development Manager Suzanne Smith explains the benefits of Functional assessments to reduce injury incidence.
Cape Lambert construction benchmarks (16) February 17, 2009 Modular construction techniques commonly used in the oil and gas industry for decades are now being successfully applied to some of the largest mining projects ever undertaken in Australia.
Hit the ground running (0) February 17, 2009 Verifiable repair performance data is a must to assure the safety and quality of tyre repairs. Daniel Hal writes.
Great green hope (0) February 16, 2009 The Queensland Parliament has passed the Greenhouse Gas Storage Bill, new legislation to fast track the development of greenhouse gas storage in Queensland.
Downpour continues (0) February 16, 2009 Queensland mine suspended after record rainfall.
Declines over-exaggerated, King (0) February 16, 2009 The head of construction company Leighton Holdings has said that any speculation about declines in the mining industry are “over-exaggerated”.
Gold miner records profit (0) February 16, 2009 Australia’s largest gold miner has recorded a net profit of $154 million in the six months to December, compared to a net loss of $8.1 million a year earlier
Oz Minerals down $2.8 billion in value (0) February 16, 2009 Oz Minerals has flagged asset write-downs of up to $2.8 billion, diminishing its chances of refinancing more than $1 billion in debt by the February 27 deadline.
Draft sponsorship obligations announced (0) February 13, 2009 The Rudd Government has released draft regulations outlining new sponsorship obligations for employers of temporary skilled overseas workers on Subclass 457 visas.
Mining gender equity report (0) February 13, 2009 The Australasian Institute of Mining & Metallurgy (The AusIMM) and the Women in Mining Network (WIMnet) have taken a proactive step forward to address the matter of gender equity and ...
Chinalco closes $30b deal with Rio (0) February 13, 2009 Rio Tinto has told their shareholders the US$19.5 billion ($30 billion) investment from Chinalco of China is the best solution to the miner’s debt woes during this unprecedented downturn.
Alcoa exit (0) February 13, 2009 Alcoa will receive US$1.021 billion after exiting the Shining Prospect special purpose vehicle formed together with Chinalco in order to purchase shares in Rio Tinto, the company announced.
Green light for stimulus; MCA (0) February 13, 2009 Australia is facing the most difficult short term economic environment in a generation and urgent fiscal stimulus is required, according to the Minerals Council of Australia’s 2009-2010 pre-budget submission.
From crisis comes opportunity (0) February 13, 2009 The current dip in the mining boom is an opportunity for companies to place themselves as a leader in the market, according to Coffey Mining CEO Dan O’Toole.
WA’s mining royalty (0) February 13, 2009 The Western Australian Government intends on phasing out the 1960s era concessional royalty rates that apply to iron ore exports from the Pilbara, The Australian Financial Review reports.
Cost saving opportunities for generators (0) February 12, 2009 WASP Diesel mining services manager Craig Watson explains the top ways to reduce generator costs in tough times.
Rio in $20b talks with Chinalco (0) February 12, 2009 Rio Tinto could except a $US19.5 billion cash injection from the Chinese state-owned Chinalco, the Financial Times have indicated.
Chinalco president steps down (0) February 11, 2009 The president of Chinese aluminium giant Chinalco has stepped down before the expected completion of a multi-billion dollar deal with Rio Tinto.
Tax allowance great news for contractors, Komatsu (0) February 11, 2009 The Federal Government’s recently announced 30% business tax break means that purchases of earthmoving and construction equipment will become more affordable, according to Komatsu Australia general manager construction Sean Taylor.
WA stocks buck the trend (0) February 11, 2009 Western Australian mining stocks rising against general market trends was a result of an increasingly stable market, Deloitte managing partner Keith Jones told MINING DAILY.
Coal mine generates 2500 jobs (0) February 11, 2009 Hancock Prospecting is pushing ahead with its plans for a $7.5 billion coal mine in central western Queensland, despite the global economic downturn.
CSIRO develops new automation technology (0) February 11, 2009 The CSIRO has developed a series of automation technologies that can locate and guide coal cutting equipment in longwall mines
Global downturn an excuse; CFMEU (0) February 11, 2009 The Construction, Forestry, Mining and Energy Union (CFMEU) is concerned large mining companies are using the economic crisis as an excuse to cut jobs.
Crisis management (0) February 11, 2009 Unfortunately, catastrophic events sometimes occur. In the final part of this two-part series for Australian Mining, Baker & McKenzie’s Leigh Duthie, Philippa Murphy and Angela Sevenson focus on strategies to ...
Diggers and Dealers speaker announced (0) February 10, 2009 The Diggers and Dealers Mining Forum has has secured Professor Nouriel Roubini as the key note presenter at the 2009 mining forum to be held in Kalgoorlie in August 2009. ...
Zinc placement completed (0) February 10, 2009 New South Wales zinc and lead miner Perilya has announced the completion of a $45.5 million share placement to Zhongjin Lingnan, China’s third largest zinc producer.
Maiden resource at Rocklea (0) February 10, 2009 Following the successful completion of the phase one reverse circulation drilling program, Murchison Metals has announced a maiden inferred mineral resource estimate for its Rocklea Iron Ore Project.
Upgrade at Jack Hills (0) February 10, 2009 Murchison Metals has also announced an upgrade to the total iron ore resources at the Jack Hills Iron Ore Project in Western Australia.
Magellan’s shipment approval (0) February 10, 2009 Magellan Metals has welcomed the decision by the Environment Minister Donna Faragher to give final approval for the company’s sealed shipments of lead carbonate concentrate through the Port of Fremantle.
Rio’s incoming chairman resigns (0) February 9, 2009 Rio Tinto’s non-executive director and incoming Chairman Jim Leng has resigned from the company’s boards effective immediately.
Ravensthorpe was flawed; BHP (0) February 9, 2009 BHP Billiton has ruled out a future cash bid for Rio Tinto plc on technical grounds while conceding its decision to build Ravensthorpe nickel mine was flawed from the start.
Rail network creates 3000 jobs (0) February 9, 2009 Yilgarn Infrastructure has submitted a $2 billion open access multi-user regional rail network proposal to the Western Australia Government.
Fire threatens mines (0) February 9, 2009 Bushfires are threatening the Loy Yang Power station in Victoria’s Gippsland region.
MINING DAILY goes underground (0) February 9, 2009 The MINING DAILY team received a first hand look at the mining industry when it visited Centennial Coal’s Springvale mine near Lithgow in New South Wales last week.
A golden opportunity (0) February 6, 2009 The surging price of gold has put Dominion Mining in a unique position that few, if any, other Australian gold companies can match, Dominion operations manager Peter Bamford told MINING ...
More for Queensland minerals (0) February 6, 2009 As crisis talks between the Queensland Department of Mines and Energy, Unions, and key mining industry stakeholders continue, Queensland Mines and Energy Minister Geoff Wilson took time out to speak ...
Qld on fast track to success (0) February 6, 2009 The Queensland Government will fast track around a dozen key mining projects to create more than 1500 jobs in regional Queensland, Mines and Energy Minister Geoff Wilson told MINING DAILY.
BHP’s toxic sludge under attack (0) February 6, 2009 BHP Billiton may have to conduct an environmental assessment for dredging work near one of its former Newcastle sites, after under-estimating the amount of toxic sludge.
Invest in the downturn; CSIRO (0) February 6, 2009 Despite the unprecedented downturn facing Australia’s minerals industry, CSIRO minerals chief Dr Bart Follink said now is the best time for companies to invest in strategic research and development.
BHP in the market for Rio (0) February 6, 2009 BHP Billiton has released its half yearly results to 31 December which showed high production levels, leaving the miner feeling confident of a future takeover.
Rio finalises sale (0) February 6, 2009 Rio Tinto has announced that it has completed the US$850 million sale of its undeveloped potash assets to Brazilian mining company Vale.
Newcrest raises $750m (0) February 3, 2009 Australia’s largest gold miner, Newcrest Mining, has completed an institutional placement of shares to raise approximately $750 million.
Profits plummet, salaries frozen (0) February 3, 2009 Alumina has suffered a 61.5% drop in profit on the previous year and will not pay a final dividend for 2008 in order to conserve cash.
Govt unveils $42b stimulus package (0) February 3, 2009 The Federal Government has unveiled a $42 billion stimulus package that will support up to 90,000 jobs and stave off the effects of the global financial crisis.
Safety in action (0) February 3, 2009 The Safety In Action show, held in Melbourne’s Exhibition Centre from March 31, is expected to draw more than 100,000 attendees.
Unexpected gold rush (0) February 3, 2009 Ramelius Resources has announced that the levels of gold discovered at its Wattle Dam mine have exceeded both the quality and quantity of what they had previously thought.
Iluka makes a deposit (0) February 3, 2009 Iluka Resources Limited has announced a further heavy minerals discovery in the Murray Basin in New South Wales.
Golden jobs (0) February 3, 2009 Up to 50 new jobs could be created if Dominion Mining’s expansion in South Australia goes ahead, Dominion operations manager Peter Bamford told the ABC.
BHP won’t assist (0) February 3, 2009 The president of Ravensthorpe Shire has said that BHP Billiton’s decision not to pay compensation to business owners and subcontractors it attracted to the town is a crippling blow.
Super pit expansion approved (0) February 2, 2009 Western Australia’s acting environment minister John Day has approved the expansion of Kalgoorlie’s Super Pit gold mine.
Plenty in reserve (0) February 2, 2009 Xstrata Coal has announced a significant increase in resources and for the first time has declared a coal reserve.
Rail maintenance contract win (14) February 2, 2009 National transport and logistics company QR has won a contract worth up to $100 million to provide maintenance services for Australia’s interstate rail network.
Rio responds to rumours (0) February 2, 2009 Rio Tinto has responded to claims the miner had secured assets sales worth a combined $2.4 billion.
Newcrest in trading halt (0) February 2, 2009 Shares in Newcrest Mining have gone into a trading halt as the company sells new stock to raise $500 million from institutional shareholders.
Economic data released (0) February 2, 2009 The Australian Bureau of Statistics has released economic data that covers the effects of the global financial crisis on Australia and the minerals industry.
Olympic sized analyser (0) February 2, 2009 Outotec is currently commissioning an automated mineral processing sampling and analysing system at BHP Billiton’s Olympic Dam.
Karratha resort launched (0) January 30, 2009 Ausco Modular has officially launched a 250-room ‘Kingfisher Stayover Village’ for Western Australia’s mining and resources sector in Karratha today.
Rio may raise equity (0) January 30, 2009 Rio Tinto will consider a potential equity issue in order to raise funds to pay down its debts, the company said in a statement to the Australian Securities Exchange (ASX).
Against the gloom (0) January 30, 2009 Cape Alumina has defied the doom and gloom of global financial trends by successfully floating on the Australian Securities Exchange (ASX) and in turn creating up to 1000 jobs, CEO ...
OZ Minerals sells stake to raise funds (0) January 30, 2009 OZ Minerals has sold its share in Nyrstar in a last effort to raise funds to refinance their $1 billion debt.
Hang on, help is on the way (0) January 30, 2009 Local businesses hurt by the closure of BHP Billiton’s nickel operation on the south coast will receive a helping hand from the miner and the State Government.
Govt pushes emissions scheme (0) January 30, 2009 The Federal Government’s proposed emissions trading scheme will expose more than 90% of Australia’s mineral exports to the highest carbon costs in the world, Minerals Council of Australia deputy CEO ...
Smart technology filters through (0) January 29, 2009 Remote control combined with adaptive technology is helping bring mining screens into the 21st century. Jessica Darnbrough writes for Australian Mining.
A mesh of support and safety (0) January 29, 2009 A Western Australia researcher has developed a mesh and cable product that can absorb energy in underground mining, revolutionising safety standards in the industry. Jessica Darnbrough writes for Australian Mining.
How to reduce injury incidence (19) January 29, 2009 Mines must ensure that the new recruits are going to be an asset, rather than a liability, using pre-employment testing techniques. Konekt Business Development Manager Suzanne Smith writes.
Coal gasification boost (0) January 29, 2009 Underground Coal Gasification (UCG) proponent MetroCoal has announced it had secured exclusive exploration rights over a large tenement in the Surat Basin.
Good news for gold (0) January 29, 2009 Bendigo Mining has announced that production has nearly doubled to 9180 oz gold in there recently released quarterley report, with Australian dollar prices benefiting the company.
Mcarthur looks towards thermal coal (0) January 28, 2009 Mcarthur Coal plans to meet its revised targets for 2009 despite the ongoing threat from the global financial crisis.
Unions attack IR laws (0) January 28, 2009 The Federal Government’s new industrial relation laws were attacked on the first day of a Senate inquiry into the bill, held in Brisbane yesterday.
University supports retrenched miners (0) January 28, 2009 Central Queensland University has rolled out a special higher education program for employees and contractors in mining who have been affected by the thousands of job cuts.
Feed a quarry (0) January 28, 2009 A Queensland quarry company is reaping solid productivity rewards less than two years after investing in high-end vibrating screens and feeders. Jim Ward writes for Australian Mining.
High grade results (0) January 28, 2009 Pilbara explorer, Warwick Resources has announced high grade iron ore results from two diamond drill holes completed at its 100% owned Jimblebar Range iron ore project near Newman.
Caterpillar slowing to a crawl (0) January 28, 2009 Mining equipment supplier Caterpillar has announced that it will slash 20,000 jobs after what chairman and chief executive Jim Owens has called, “an extraordinarily challenging year.”
BHP only Prominent player (0) January 28, 2009 In a severely declining market, BHP Billiton may be alone in having the money available to purchase OZ Minerals’ Prominent Hill mine, resources industry analyst James Wilson told MINING DAILY.
Frieda River in pre-feasibility (0) January 28, 2009 Highlands Pacific has announced that Xstrata Frieda River, a wholly owned subsidiary of Xstrata Copper and the manager of the Frieda River copper gold project in PNG, is progressing the ...
Minesite Vehicles: Tyres and Tyre Maintenance (0) January 27, 2009 Australian Mining is currently inviting editorial contributions and story ideas for its Minesite Vehicles: Tyres and Tyre Maintenance feature in the March 2009 issue.
Attracting, Training & Retaining Personnel (0) January 27, 2009 Australian Mining is currently inviting editorial contributions and story ideas for its Attracting, Training & Retaining Personnel feature in the March 2009 issue.
Drill & Blast (0) January 27, 2009 Australian Mining is currently inviting editorial contributions and story ideas for its Drill & Blast feature in the March 2009 issue.
OZ Finance Breakthrough (0) January 23, 2009 OZ Minerals has announced that it has secured a bridging finance facility of up to $140 million, to be provided by all of its “Facility A” lenders.
Industry Appointments (0) January 23, 2009 The latest industry appointments in the Australian resources industry.
Govt approval too late for McArthur (0) January 23, 2009 The Federal Government has made a draft decision approving the McArthur River Mine expansion, however, the decision is too little too late, according to Xstrata Zinc Australia Chief Operating Officer ...
Stimulus package needed; ACTU (0) January 23, 2009 The Australian Council of Trade Unions (ACTU) is pushing the Federal Government to release a stimulus package for the Australian economy in wake of the increasing number of job losses.
Future is positive for SA (0) January 23, 2009 The South Australian Chamber of Mines and Energy remains up-beat about the future of the State’s minerals industry, chief executive Jason Kuchel told MINING DAILY.
WA government offers support (0) January 22, 2009 The Western Australian Government is committed to helping all the workers whose jobs will be lost after BHP Billiton’s Ravensthorpe mines is closed, acting Premier Kim Hames said.
Sad day for Queensland (0) January 22, 2009 The harsh realities of the financial crisis have hit Queensland in the form of the loss for another 1400 jobs, Queensland Resources Council (QRC) chief executive Michael Roche said.
Re-thinking emissions trading (0) January 22, 2009 The Australian Government must examine its carbon emissions trading scheme in the face of recent major job losses in the mining sector, Minerals Council of Australia chief executive Mitch Hooke ...
1,800 jobs lost at Ravensthorpe (0) January 21, 2009 BHP Billiton has suspended operations at its Ravensthorpe Nickel mine in Western Australia, resulting in the loss of more than 1800 jobs.
Wonarah Railway MOU (0) January 21, 2009 Minemakers and Australian Transport and Energy Corridor (ATEC) have entered into a memorandum of understanding covering a financial study of the economics of a 250 kilometre rail link in the ...
Weeli Wolli update (0) January 21, 2009 Iron Ore Holdings (IOH) has reported further significant reverse circulation drilling results of high-grade bedded iron mineralisation at its Weeli Wolli Project located near Yandicoogina in the Central Pilbara region ...
Further job cuts anger union (0) January 21, 2009 The Construction, Forestry, Mining and Energy Union (CFMEU) is fighting against jobs cuts at Burton Downs coal mine in central Queensland.
Alcoa employees agree to pay cut (0) January 21, 2009 More than 650 of Alcoa’s Western Australian employees have agreed to defer a 4% pay rise in a bid to save their jobs.
Still money for mining (0) January 21, 2009 Cape Alumina has announced that its Initial Public Offer (IPO) has closed fully subscribed after raising $15 million and attracting up to 500 new shareholders.
Not all doom and gloom (0) January 21, 2009 Queensland’s resources industries will be protected from a potential Australian recession due to their size and diversity, Queensland Resources Council chief executive Michael Roche said.
Decision time for McArthur (0) January 21, 2009 A positive outcome is still possible at Xstrata’s McArthur River Mine, but a decision from the Federal Government needs to come as soon as possible, Federal Shadow Minister for Climate ...
Good times will return (0) January 21, 2009 SkillsDMC Operations Manager Dorothy Rao has urged the resources sector to use this time of economic slowdown to strengthen and develop its workforce for future.
Between a rock and a crusher mantle (0) January 20, 2009 Welding reclamation and hardfacing of gyratory crushers proves its worth. Daniel Hall writes.
Iron, coal prices ‘slaughtered’ (0) January 19, 2009 Iron ore and coking coal export prices are expected to halve by April, a key economic forecast has found.
Ravensthorpe in danger as nickel falls (0) January 19, 2009 Falling nickel prices has led to growing concern that BHP Billiton may be set to close the doors on its laterite nickel mine, Ravensthorpe, in Western Australia for good.
Safety conference on again (0) January 19, 2009 The NSW Minerals Council is once again preparing for Annual OHS Conference with heath and fitness as the central theme for 2009.
Sackings put miners in debt, AWU (0) January 19, 2009 According to the Australian Workers Union, mining towns and workers may struggle to meet debts as jobs continue to be lost in the resources industry around Australia.
McArthur decision urgently needed (0) January 19, 2009 Xstrata has called for an urgent decision by the Federal Government on the McArthur River Mine (MRM), warning that it may have to close operations if one doesn’t come soon.
Unions must step up; Haase (0) January 16, 2009 Federal Member for Kalgoorlie and Shadow Parliamentary Secretary for Energy and Resources Barry Haase has called for labour unions to take a reality check on current national and world economic ...
Wagerup expansion put on hold (0) January 16, 2009 Declining demand for aluminium has forced Alumina Ltd to reconsider plans to expand its Wagerup refinery in Western Australia.
Shares fall as Rio appoints new chair (0) January 16, 2009 Job cuts and mine closures have caused a retreat in mining stocks, with shares dropping to a five week low yesterday.
Rio’s diamonds feel the pinch (0) January 16, 2009 Rio Tinto will suspend diamond production in Western Australia for up to three months in response to flagging demand caused by the global financial crisis.
BHP to face fee hike (0) January 16, 2009 BHP Billiton has increased its raw material processing fees to Pan Pacific Copper by 70%.
Dollar to fall with commodities (0) January 16, 2009 Economists are tipping the Australian dollar will plunge towards US50c by the end of 2009 due to a decline in mining activity and falling commodities prices, The Daily Telegraph reports.
Union calls for Govt. support (0) January 16, 2009 The Federal Government should urgently convene a tri-partite resources meeting to discuss the effect of the global economic downturn on jobs in the mining industry, Australia’s biggest mining union said ...
Qld Govt. approves refinery (0) January 16, 2009 The Queensland Government has approved plans for a nickel refinery at Gladstone that could create 2600 new jobs and add $500 million a year to the economy.
OZ scuttles Scuddles (0) January 14, 2009 OZ Minerals announced yesterday it was suspending its Scuddles mine in Western Australia and placing it on care and maintenance in order to reduce costs at its Golden Grove operation ...
AMMA warns of mining award flaws (0) January 14, 2009 The Australian Mines and Metals Association (AMMA) has warned that the mining award has serious flaws, and has called for Workplace Relations Minister Julia Gillard to address the industry’s concerns.
SA riding the storm (0) January 14, 2009 Rex Minerals’ discovery of uranium, copper and gold mineralisations on South Australia’s Yorke Peninsula is a sign the State is continuing to prosper despite the financial crisis, SA Minister for ...
The carbon burden: Comment (0) January 14, 2009 Minerals Council of Australia Deputy Chief Executive Brendan Pearson comments on the Emissions Trading Scheme (ETS) White Paper.
Crisis felt in Mount Isa (0) January 14, 2009 Xstrata Zinc has announced it is placing its Mount Isa Handlebar Hill operation into care and maintenance and abandoning the planned upgrade of its Pac Rim crushing systems.
Automated trains derailed (0) January 13, 2009 Rio Tinto has decided to postpone work at this stage on its Western Australian iron ore Automated Train Operations (ATO) programme in the latest moves to offset massive debts from ...
Alcoa loses in historic market (0) January 13, 2009 Alcoa’s report for the 2008 fourth quarter has shown a loss of close to $1 billion from continuing operations.
Strong support for flow-through shares (0) January 12, 2009 Australia’s largest resource industry stakeholders have joined forces to ecourage the Federal Government to introduce a Flow-Through Shares (FTS) scheme as soon as possible, calling for a scheme that would ...
OZ making progress down the road (0) January 12, 2009 Despite making ‘significant progress’ in working towards a bridging facility of its loans, OZ Minerals’ lenders are yet to formally respond to its request for internal approvals for bridging assistance, ...
Queensland Government flies to the rescue (0) January 12, 2009 The Queensland government has sent its Rapid Response Flying Squad to Emerald and Mackay in the State’s north to offer support to retrenched workers.
Chinese look for 40% price cut (0) January 12, 2009 Chinese steel makers are expected to insist on a 40% cut to the price of iron ore during negotiations with Rio Tinto and BHP Billiton.
Integrating your maintenance system (0) January 9, 2009 IFS Australia and New Zealand managing director Rob Stummer debunks the myth that maintenance systems are getting more complex and difficult to manage.
15 millionth tonne milestone (0) January 8, 2009 Fortescue Metals Group has shipped its 15 millionth tonne of iron ore through the Herb Elliott Port in Port Hedland.
Record rain at Century (0) January 8, 2009 More than 300 millimetres of rain in ten days has fallen on operations at OZ Minerals Century Mine, with mining continuing safely despite the huge downpour.
Balancing the workforce (0) January 7, 2009 A Queensland Resources Council (QRC) survey showing more women are choosing careers in the State’s mineral and energy sectors is an encouraging sign for the industry’s future, QRC chief executive ...
The time for excellence (0) January 6, 2009 Changing markets and tough economic times mean the time to get smart about the supply chain is now. Andrew Okely writes*
Fortescue celebrates a berth-day (0) January 5, 2009 Fortescue Metals Group has commissioned a second ship loading berth at its Herb Elliott Port at Port Hedland that will increase capacity to 55 million tonnes per annum (Mta).
Mobile Crushing Plant fatality (0) January 5, 2009 Queensland’s Mines Inspectorate has released a safety alert following the recent death of a mining worker after being struck by the right hand hopper door of a mobile crushing plant.
OZ extends again (0) January 5, 2009 OZ Minerals has successfully negotiated an extension to refinancing its lending facilities until February 27.
Share Scheme a must, Chalmers (0) January 5, 2009 A Flow Through Share Scheme is essential to the mining industry, The AusIMM President-Elect Greg Chalmers writes.
Risky business (0) January 5, 2009 Australian market research analyst IBISWorld has named lead and zinc ore mining among its 10 riskiest industries in 2009.
Suspended safety (0) December 23, 2008 In a bid to enforce mine safety, Australian Standards have been updated to ensure all safety harnesses are designed with a frontal, fall arrest rated, attachment point. The Fall Protection ...
Plug n play sewage system (0) December 23, 2008 FLOVAC has released a complete deployable “Plug n Play” sewage collection system for eliminating insanitary and environmental waste water problems during mining, military, relief and entertainment activities.
OZ updates position (0) December 19, 2008 OZ Minerals is working hard to resolve its current financial problems and resume trading as soon as possible, chairman Barry Cusack said today.
Victoria maps out the way (0) December 19, 2008 Accessing information about the earth’s crust in Victoria, and how it links to other states, has become a whole lot easier with the launch of two international projects, Geoscience Victoria’s ...
Job cuts abound, but still in labour shortage (0) December 19, 2008 Queensland mines have cut more than 400 jobs in less than 48 hours but the worst is yet to come, industry analysts have said.
Executive Outlook Series – Jason Kuchel (0) December 19, 2008 Jason Kuchel is the chief executive of the South Australian Chamber of Mines and Energy. SACOME is the peak body representing the Resources Industry in South Australia. Jessica Darnbrough writes ...
$25 M for industry in crisis (0) December 18, 2008 The Bligh Government has announced it will bring forward $25 million in funds to boost employment in regional areas affected by the mining downturn, following crisis talks with unions and ...
Xstrata export success (0) December 18, 2008 Xstrata Technology was recently awarded the 2008 Australian Export Award in the Large Services category.
Rio removes stake in Saudi deal (0) December 18, 2008 Rio Tinto Alcan has withdrawn from its 49% financing role of a joint aluminium project in Saudi Arabia.
Carbon uncertainty (0) December 18, 2008 Engineering and sciences firm Sinclair Knight Merz (SKM) said reductions ranging from 5% to 15% contained in the Federal Government’s Carbon Pollution Reduction Scheme (CPRS) will create uncertainties in Australian ...
Strengthening the Chain (0) December 17, 2008 The recent announcement of a new terminal access framework for the Hunter Valley Coal Chain has been a decade in the making, Port Waratah Coal Services (PWCS) chairman Eileen Doyle ...
Flying solo into the storm (0) December 17, 2008 According to key industry figures, introducing a carbon trading system with set minimum emission reductions and no international agreements will create significant problems for Australian business.
Mining technology addresses crisis (0) December 17, 2008 The Australian mining technology sector could be the saviour of global miners struggling in a depressed marketplace, an industry expert has said.
Rio refuses BHP merge (0) December 17, 2008 The rumour mill has been working overtime with whispers that Rio Tinto is being encouraged to merge its Pilbara operations with mining giant BHP Billiton to help reduce high debt ...
