Silver to rise, lead and zinc to fall (0) December 10, 2009 In the third part of a series of exclusive outlooks for the global metals markets in 2010, MINING DAILY and IBISWorld forecast likely movements in the sliver, lead and zinc ...
3D cameras offer a Deep Vision (0) December 10, 2009 Deep Vision 3D will commercialise a new three-dimensional video camera that can be used in hostile underground mining environments.
Australian Mining’s 2010 Product Directory (0) December 10, 2009 Australian Mining will publish a special product directory in the January issue of the magazine, as a guide to the latest products released by key industry suppliers in 2009.
Ravensthorpe gets a new owner (0) December 10, 2009 Canadian miner First Quantum Minerals says it is committed to both the Ravensthorpe mine and its local community.
Victoria puts a stop to coal plans (0) December 10, 2009 The Victorian Government will no longer go ahead with plans to export brown coal to India.
Mining jobs expected to increase in 2010 (0) December 9, 2009 Mining is forecast to see another boom in job numbers early next year, Manpower managing director tells MINING DAILY.
Western Areas sells Kagara nickel (0) December 9, 2009 Western Areas has secured an extended off-take agreement with BHP Billiton Nickel West to sell an additional 2000 tonnes of nickel concentrate mined from Kagara’s Lounge Lizard deposit.
Cautious optimism for nickel (0) December 9, 2009 In the second part of a series of exclusive outlooks for the global metals markets in 2010, MINING DAILY and IBISWorld forecast trends for nickel prices.
Mine camps boost sustainable design (0) December 8, 2009 Sinclair Knight Merz has outlined the benefits of including sustainable design practices when planning mine camps and villages.
Steady as she goes for copper (0) December 8, 2009 In the first of a series of exclusive outlooks for the global metals markets in 2010, MINING DAILY and IBISWorld forecast what is in store for copper prices.
Coal miners to have their say (0) December 8, 2009 Union representatives will give the Australian coal industry a voice at a climate change forum in Copenhagen next week.
Joint venture resistance on the horizon (0) December 8, 2009 Multiple steel making countries have voiced concerns about BHP Billiton and Rio Tinto’s proposed iron ore partnership.
Senate focus on Murray Darling mining (0) December 7, 2009 The Senate has released a report highlighting the potential effects of mining on agriculture and water across the Murray Darling Basin.
Chinese approval for Felix takeover (0) December 7, 2009 The largest Chinese investment in Australia’s resources sector to date has been approved by one of China’s regulatory authorities.
Science teachers gain insight into resources (0) December 7, 2009 A group of Queensland science teachers are this week attending a workshop in Mackay to gain an understanding of how the resources sector manages environmental impacts.
Calls to scrap coal mines in Liverpool (0) December 4, 2009 The Senate has begun investigating the potential adverse effects of coal mining on the Liverpool Floodplains.
Xstrata approves $589 million facelift for Ernest Henry Mining (0) December 4, 2009 Xstrata Copper has approved a $589 million investment to transform its open-cut Ernest Henry Mining to an underground mine and become Queensland’s first iron ore producer.
Metals outlook for 2010 (0) December 4, 2009 MINING DAILY will feature exclusive forecasts for the base metals markets in 2010 every day from next Monday.
Broken pipeline on the agenda (0) December 4, 2009 MMG Century’s new general manager has made fixing the mine’s broken zinc pipeline his short term priority.
Major WA contract awarded (0) December 4, 2009 Doric Constructions has been awarded one of the most hotly contested mining services contracts in WA.
New guidelines for safer mining (0) December 3, 2009 A new program has been released to help manage worker fatigue on mine sites, the Mine Safety Advisory Council Chairman tells MINING DAILY.
First graduates of new mining certificate (5) December 3, 2009 The first batch of high school students has successfully completed the new national Certificate II in Resource and Infrastructure Work Preparation course.
CSIRO to hold minerals processing conference (0) December 3, 2009 A CSIRO conference scheduled for Melbourne next week will highlight the importance of computational fluid dynamics modelling to minerals processing technology.
Sino moves closer to takeover (0) December 3, 2009 Sino Gold shareholders have voted in favour of a takeover deal with Canada’s Eldorado Gold Corporation.
Industry welcomes ETS delay (0) December 3, 2009 Minerals Council of Australia chief executive Mitch Hooke told MINING DAILY that the ETS delay is a chance to get the legislation right.
FIRB approves Metals X transactions (0) December 2, 2009 The FIRB has approved the sale of 60% of Metals X’s Tasmanian tin assets to the world’s largest tin miner, Yunnan Tin Group.
Mixed success for Rio Tinto divestment (0) December 2, 2009 Rio Tinto has completed the $377.4 million divestment of Alcan Composites to Swiss machinery group Schweiter Technologies, but the 56% sale of the Alcan Engineered Products Cable division has fallen ...
Senate votes against ETS (0) December 2, 2009 Tony Abbott’s election as leader of the Opposition sounds the death knell for the current emissions trading scheme.
Warwick approves Atlas merger (0) December 2, 2009 Warwick Resources shareholders have unanimously approved the merger with Atlas.
How high will gold rise? (0) December 2, 2009 Despite breaking through the US$1200 per ounce mark overnight, an analyst told MINING DAILY it was unrealistic for gold to become the world’s main foreign reserve and was cautious on ...
Heap leaching at Radio Hill (0) December 1, 2009 Fox Resources will begin the construction of a base metals heap leaching operation at its Radio Hill operation in the Pilbara.
OZ Minerals targets copper (0) December 1, 2009 OZ Minerals managing director Terry Burgess yesterday told shareholders the company would focus its efforts on maximising copper production and investing in new assets in 2010.
Port expansion sets the standard (0) December 1, 2009 Sinclair Knight Merz has outlined how its management of the Dampier Port expansion has set new international benchmarks for project delivery.
Atlas happy with port access (0) December 1, 2009 Atlas Iron has confirmed a deal with Fortescue Metals that it says will give it sufficient port access to maintain exports.
Aluminium fears emissions trading delays (0) December 1, 2009 The Australian Aluminium Association believes the current emissions trading scheme is the best the plan is going to get.
OZ – IMX exploration joint venture (0) November 30, 2009 OZ Minerals and IMX Resources have announced a joint venture proposal to explore and develop copper-gold projects in South Australia.
Australia returns as second largest gold producer (0) November 30, 2009 Australia is once again the world’s second largest gold producer and should remain so for the foreseeable future, Surbiton Associates said yesterday.
Double the profits for Macmahon (0) November 30, 2009 Mining services and civil engineering firm Macmahon expects to double its after tax profits in the 2010 financial year.
Karara construction under way (0) November 30, 2009 Construction of the $1.8 billion Karara iron ore project in Western Australia officially got under way on the weekend.
Anger at second export proposal (0) November 30, 2009 News of a potential second proposal to export minerals through Port Lincoln in South Australia has angered the town’s mayor.
WA combines energy bureaus (0) November 27, 2009 The Western Australian Government has integrated the Sustainable Energy Development Office into the Office of Energy.
Faragher approves Southdown iron ore mine (0) November 27, 2009 Australia’s largest magnetite producer Grange Resources has got the green light to build its second iron ore export project.
BHP sees continued Chinese strength (0) November 27, 2009 BHP chief Marius Kloppers says a strong Chinese market will remain his company’s focus.
Western Australia project revival (0) November 27, 2009 The defunct Windimurra Vandium project in WA is set to be revived by Mineral Resources.
WA Safety Show set for 2010 (0) November 27, 2009 Upcoming WA Safety Show to highlight the latest developments in industrial OH&S.
Native title deal struck (0) November 26, 2009 A long running native title claim surrounding the Ranger uranium mine in NT has reached a resolution.
Joint bid for Ravensthorpe expected (0) November 26, 2009 Minara and China Metallurgical are expected to join bids to acquire BHP’s Ravensthorpe nickel mine.
Q&A: Manfred Wutzlhofer, bauma 2010 (0) November 26, 2009 In a MINING DAILY exclusive, Michael Mills spoke to Messe Munchen chief executive Manfred Wutzlhofer about the world’s largest trade show, bauma 2010 and the equipment and machinery that will ...
Q&A: Mike O’Brien, MetroCoal chief executive (0) November 25, 2009 In a MINING DAILY exclusive, Michael Mills spoke with Mike O’Brien, the chief executive of emerging coal-based energy company MetroCoal, about the future of Underground Coal Gasification as an alternative ...
Lithium miner Talison to list (0) November 25, 2009 Increased global demand in lithium provides impetus for Talison’s IPO
Monadelphous remains confident (0) November 25, 2009 Engineering group Monadelphous expects to match its record revenue numbers from last year.
Coal industry not happy with CPRS amendments (0) November 25, 2009 The coal industry says that the newly increased assistance in the Carbon Pollution Reduction Scheme is inadequate.
Lion ups bid after ASIC bars relief (0) November 24, 2009 After ASIC barred an attempt to remove a key condition from its Polaris takeover bid, Lion-Asia Resources yesterday made a last-ditch effort to trump rival Mineral Resources by raising its ...
The essentials of sustainable planning and design (0) November 24, 2009 Sinclair Knight Merz has detailed the importance of sustainable project planning and design in an article published on its website.
No timetable for pipeline restart (0) November 24, 2009 A schedule is yet to be set for the completion of repairs to a damaged zinc pipeline at MMG Century mine.
Golden deal complete (0) November 24, 2009 A Chinese company has made a move into the WA gold market.
New IR laws may unbalance pay levels (0) November 24, 2009 A new industrial relations system could put highly skilled workers at a salary disadvantage.
Parker Centre recognises top research (0) November 23, 2009 The Parker Cooperative Research Centre (CRC) has awarded its Research Collaboration Award to a team of CSIRO and Curtin University scientists carrying out hydrometallurgy research.
Banks support China First (0) November 23, 2009 Clive Palmer’s $7.5 billion ‘China First’ coal mine and infrastructure project will have the financial support of at least one major Chinese bank, Resourcehouse has announced.
Lion relief application (0) November 23, 2009 Lion-Asia has applied for relief to waive the minimum acceptance condition on to its offer for Polaris Metals
Mine death in NT (0) November 23, 2009 A mine worker has been killed in an accident overnight in the Northern Territory.
Marathon question SA mining plan (0) November 20, 2009 Uranium miner Marathon Resources has questioned the clarity of the SA Government’s mining plan for the Flinders Ranges.
An algal solution to emissions (0) November 20, 2009 Today will see the unveiling of a new technology designed to capture greenhouse emissions from coal and gas fired power stations.
Garrett approves Balmoral South (0) November 20, 2009 Federal Environment Minister Peter Garrett has given the green light for Australasian Resources to develop its $2.7 billion Balmoral South iron ore project in Western Australia’s Pilbara region.
FIRB approves Centrex investment (0) November 20, 2009 Chinese company Baotou Iron & Steel is set to invest up to $40 million in a joint venture with iron ore producer Centrex Metals.
Report stresses tyre handling safety (0) November 19, 2009 The WA Dept. of Mines and Petroleum has urged the importance of tyre handling safety, after a number of fatalities in recent years.
What is mine is yours, Navigator (0) November 19, 2009 Navigator Resources and Mega Uranium may enter into an agreement to share the infrastructure and services available on their adjacent mine projects.
China First now a Major Project (0) November 19, 2009 Waratah Coal’s proposed $7.5 billion ‘China First’ coal mine in central Queensland has been fast-tracked by the Federal Government.
More foreign investment needed, Kloppers (0) November 19, 2009 BHP chief Marius Kloppers believes Australia needs more foreign investment to ensure the future of its resources industry.
Vale flags iron ore benchmark negotiations (0) November 18, 2009 Brazilian mining giant Vale wants to kick-off iron ore benchmark price negotiations for 2010-11 some time this month.
Legend seals deal for phosphate mine (0) November 18, 2009 Chinese fertiliser producer Wengfu has made a deal with Legend International to investigate the feasibility of a phosphate mine in Mt Isa.
Public Environmental Review for Oakajee (0) November 18, 2009 The Oakajee Port and Rail project will be assessed at the Public Environmental Review (PER) level by the WA Environmental Protection Authority.
Thumbs up for Catalpa-Lion merger (0) November 18, 2009 Catalpa Resources has ticked the final box in its goal to become a mid-tier gold producer, after the company’s shareholders yesterday approved a merger with Lion Selection’s gold assets.
Scheme to paint the red centre green (0) November 17, 2009 Could a plantation scheme announced by Central Petroleum yesterday illuminate a pathway for the resources sector to reduce its environmental footprint and boost regional employment?
New CO2 conversion concept (0) November 17, 2009 The University of Queensland has engaged in a research program with energy storage company Bicarb Sequestration to study the feasibility of using land-bound salt beds as a medium for isolating ...
Euro steelmakers petition to block bid (0) November 17, 2009 A merger of BHP and Rio’s Australian iron ore assets could increase benchmark prices, Euro steelmakers say.
Environmental approval for Chinese plant (0) November 16, 2009 Galaxy Resources is another step closer to building its lithium carbonate Plant in China, after obtaining environmental approval from the Jiangsu Province Environmental Bureau.
Research hub for resources sector (0) November 16, 2009 A $116 million Resources and Chemistry research centre – one of the largest in the Southern Hemisphere – has been opened at WA’s Curtin University of Technology.
WA Index continues growth (0) November 16, 2009 The market capitalisation of WA companies in the Deloitte WA Index increased marginally, bucking the global downward trend.
NSW Minerals Council defends CPRS claims (0) November 16, 2009 NSW Minerals Council CEO Nikki Williams talks exclusively with MINING DAILY to refute union claims that the coal industry will not be adversely affected by the CPRS.
Minerals Down Under director Dr Peter Lilly’s address in full (0) November 13, 2009 The full transcript of CSIRO’s Minerals Down Under National Research Flagship director Dr Peter Lilly’s keynote address at the 6th Annual Australian Mining Prospect Awards.
Lilly’s 2030 vision (0) November 13, 2009 In a MINING DAILY exclusive, CSIRO Minerals Research Flagship director Dr Peter Lilly gives his predictions on the state of Australian mining science and technology by 2030.
Mincor positive for the future (0) November 13, 2009 Nickel miner Mincor Resources believes it has weathered the financial storm and is confident as it moves into the future.
Injury reduction a chief concern (0) November 13, 2009 Reducing the number of injuries has proved to be the chief OH&S concern among Australian companies, according to a new survey.
Mining executives among top earners (0) November 12, 2009 Two executives from the mining industry have placed among the top five highest paid company executives in Australia.
Goonyella strikes due to permanent staff cuts (0) November 12, 2009 A source familiar with the situation has told MINING DAILY that recent industrial action at Peabody’s North Goonyella coal mine will intensify as the company is set to begin culling ...
BC Iron secures off-take agreement (0) November 11, 2009 BC Iron has secured finance for its Nullagine joint venture iron ore project, thanks to a $53.8 million off-take agreement with a Hong Kong-based industrial and trading company.
Ultrasound imaging a seismic shift for explorers (1) November 11, 2009 Seismic imaging technology commonly used in the oil and gas industry is now available for minerals explorers and mine planners through a new company.
Rio chief flags JV benefits (0) November 11, 2009 Rio chief Tom Albanese has said that a pairing of his company and BHP Billiton is needed to satisfy a huge increase in Chinese demand for iron ore.
Safety awards from coast to coast (0) November 11, 2009 The past week has seen mine safety awards handed out in both Queensland and Western Australia.
Best ways to tackle minesite tailings disposal (0) November 10, 2009 Sinclair Knight Merz has outlined effective ways to dispose of minesite tailings in an article published on its website.
Shareholders vote down director remuneration (0) November 10, 2009 The secretary of Western Areas has told MINING DAILY that the company’s shareholders were not justified in last week voting against a remuneration package for the non-executive directors.
New generation of guidelines (0) November 10, 2009 The CSIRO has released a new set of guidelines for open pit slope design that it calls the first such manual in the past 30 years.
MMG takes out rescue competition (0) November 10, 2009 MMG Rosebery has beat out teams from five other mines to come out on top at the Tasmanian Mine Rescue Competition.
Prospect Awards Winners Issue (0) November 10, 2009 Australian Mining profiles the all of the winners in the sixth annual Australian Mining Prospect Awards.
Metals Outlook 2010 (0) November 10, 2009 Australian Mining calls for editorial contributions to the December Metals Outlook 2010 feature.
Lobby groups strike new alliance (0) November 9, 2009 The Western Australian Chamber of Minerals & Energy and the Minerals Council of Australia have reportedly reached a compromise in their talks that will ensure the state body retains some ...
Flow-through tax offsets a must, Flinders Mines (0) November 9, 2009 The chairman of Flinders Mines has called for a flow-through share scheme for junior minerals explorers, calling it a “make-or-break juncture for many cash-strapped juniors.”
Union slams coal industry’s CPRS claims (0) November 9, 2009 The Construction Forestry Mining & Energy Union has told MINING DAILY that the coal industry’s cries for help in the face of emissions trading are unfounded.
Positive step in Ravensthorpe (0) November 9, 2009 A new lithium operation may help to kickstart a turnaround for the embattled Ravensthorpe community.
Barnett opens Galaxy’s Mt Cattlin spodumene project (0) November 6, 2009 Western Australian Premier Colin Barnett was on hand today to officially open lithium producer Galaxy Resources’ Mt Cattlin spodumene project near Ravensthorpe.
Galaxy secures mining approval for Mt Cattlin (0) November 6, 2009 Galaxy Resources yesterday announced it had secured mining approval for its Mt Cattlin Spodumene project from the Western Australian Department of Mines and Petroleum.
Sinosteel gets green light for Koolanooka/Blue Hills (0) November 6, 2009 Sinosteel Midwest yesterday announced Western Australian Environment Minister Donna Faragher had approved the Koolanooka/Blue Hills direct shipping ore (DSO) project in the State’s mid-west region.
Boom times to return within three years, analyst (0) November 6, 2009 BIS Shrapnel has predicted the Australian commodities markets will return to force in three years and warned that investments are needed to avoid the skills and infrastructure constraints that hampered ...
Native Title Tribunal releases mining DVD (0) November 6, 2009 The Native Title Tribunal has released a DVD designed to assist resources sector in navigating the process, Tribunal President Graeme Neat told MINING DAILY.
Safety Show draws thousands (0) November 6, 2009 The Safety Show in Sydney draws huge crowds for the latest in products and developments.
Leighton chief blames salary on US bosses (0) November 6, 2009 Leighton Holdings chief executive Wal King has offered shareholders a surprising defence for his $12.6 million annual salary.
QLD Treasurer sees royalty imbalance (0) November 6, 2009 Queensland Treasurer Andrew Fraser told MINING DAILY that the existing mining royalties system should be amended to address an imbalance in payments.
FIRB approves $271 million China iron ore investment (0) November 5, 2009 The FIRB has paved the way for Chinese state-owned steel producer WISCO to make a $271 million investment in South Australian iron ore developer Centrex Metals.
No ill feeling on Troy board, Benson (0) November 5, 2009 In a MINING DAILY exclusive, ousted Troy Resources director and chief executive Paul Benson said the recent dispute with former chairman John Jones would not harm the working relationship of ...
BHP consolidates with Mining Hub (0) November 5, 2009 BHP Billiton has taken a major step in substantially ramping up its Pilbara iron ore production with the completion of its Newman Mining Hub.
If it isn’t broken, don’t fix it (0) November 5, 2009 A proposed plan to deny mining states their incoming mining royalties has led to loud opposition from some state governments.
Jones regains control in Trojan conflict (0) November 4, 2009 Former Troy Resources chairman John Jones has wrestled back some control over the company, after successfully ousting both its founder and chief executive officer from the board.
Daunia Coal Mine receives environmental approval (0) November 4, 2009 BHP Billiton’s Daunia Coal mine has received approval for its environmental impact statement from the Queensland Government.
Salary disapproval (0) November 4, 2009 Leighton Holdings’ board is expected hear loud shouts of disapproval from investors at its annual meeting tomorrow over the company’s latest pay report.
Rio improves ship loading infrastructure (0) November 4, 2009 Rio Tinto is upgrading its ship loading infrastructure at the Dampier Salt operation in Port Hedland.
Ramelius extends Dioro offer, again (0) November 3, 2009 Ramelius Resources yesterday extended the closing date for its takeover bid for Dioro Exploration by a month to 2 December.
Strong results for Hill End Gold (0) November 3, 2009 Hill End Gold recorded a strong gold production result of 1,612 ounces from 5,673 tonnes of ore at its eponymous project in NSW during the September quarter.
Minara pursuing Ravensthorpe acquisition (0) November 3, 2009 Nickel miner Minara Resources has announced it is exploring options to acquire BHP Billiton’s Ravensthorpe nickel laterite mine.
Rio won’t respond to ‘unfair’ tactics (0) November 3, 2009 Rio Tinto iron ore chief executive Sam Walsh said the company will not respond to any unfair tactics when attempting to negotiate a benchmark iron ore price with China.
Chinalco reportedly turned down invitation (0) November 3, 2009 Chinese mining company Chinalco earlier this year knocked back an invitation to become a formation partner in the joint venture between Rio Tinto and BHP Billiton, The Australian has reported ...
Australian coal exports at risk, Rio (0) November 3, 2009 Rio Tinto chief executive Tom Albanese has warned that continued congestion at the Port of Newcastle is a danger to the future of Australia’s coal exports to Asia.
FIRB paves way for Aquila investment (0) November 2, 2009 The Foreign Investment Review Board has approved Chinese state-owned steel producer Baosteel’s $286 million investment into Pilbara iron ore miner Aquila Resources.
Lion-Asia bid exempt from FIRB approval (0) November 2, 2009 Lion-Asia Resources’ last week announced its 70 cents per share all-cash takeover offer for Polaris Metals was exempt from FIRB assessment.
Strategic research alliance (0) November 2, 2009 The CSIRO has entered a $25 million strategic research alliance with mining services company Orica.
Rio to increase spending (0) November 2, 2009 Chief executive Tom Albanese believes Rio Tinto has successfully weathered significant financial difficulties and is now well positioned to pursue major future growth projects.
Kloppers flags slowing near-term Chinese demand (0) October 30, 2009 BHP Billiton chief executive Marius Kloppers voiced his belief that the Chinese inventory build-up had concluded and iron ore demand would pull back.
Paladin drops guidance (0) October 30, 2009 Paladin has dropped its 2010 financial guidance by up to 15% following slower production ramp up.
Skills shortage set to increase (0) October 30, 2009 A survey has found a skills shortage in the Australian workforce is set to increase within 12 months as world economies continue to rebound.
CMIC seeks more funds for Emergent project (0) October 29, 2009 Emergent Resources yesterday said its Chinese joint venture partner, China Metallurgical Investment (CMIC), was looking for extra funds to continue its investment in the Beyondie iron ore project.
Bandanna completes Korean investment (0) October 29, 2009 Queensland coal developer Bandanna Energy yesterday announced Korean energy group SAMTAN had completed its acquisition of a 10% equity stake in the company.
ACCC proposes Hunter Valley port solution (0) October 29, 2009 The Australian Competition and Consumer Commission (ACCC) has released a draft proposing approval of Capacity Framework Arrangements for a solution towards the current capacity constraints in the Hunter Valley coal ...
Rio increases stake in Ivanhoe (0) October 29, 2009 Rio Tinto has increased its ownership stake in Canada’s Ivanhoe Mines to 19.7% as part of an agreement to develop the Oyu Tolgoi copper-gold project in Mongolia
Toro lodges Wiluna uranium environmental framework (0) October 28, 2009 Toro Energy this morning announced it had submitted the environmental framework application for its Wiluna Uranium Project to the Western Australian and Federal Governments.
Metals X awaiting FIRB approvals (0) October 28, 2009 Australia’s largest tin producer, Metals X, is waiting for Federal Government consent to Chinese-firm APAC Resources taking an equity stake in the miner.
FerrAus calls for shareholder approval (0) October 28, 2009 FerrAus chairman John Nyvlt yesterday called on the company’s shareholders to approve the bid by China Railways Materials (CRM) to take a 12% stake in the iron ore producer.
Movement in the lithium market (0) October 28, 2009 Reed Resources and Mineral Resources have announced a farm-in agreement for the development of the Mt Marion lithium project in WA’s goldfields.
Plan for mining SA wilderness (0) October 28, 2009 The South Australian Government has flagged a plan to control mining and exploration in the State’s Northern Flinders Ranges.
Simulated mine underneath inner-city Perth (0) October 27, 2009 Western Australian Training Minister Peter Collier has opened The CUT Mine, a $98,000 simulated mine at Perth’s Central TAFE, designed to give students a feel for working underground.
Royalties on the rise in NSW, survey (0) October 27, 2009 The NSW Minerals Council’s Key Industry Statistics 2009 survey has revealed that mining royalty payments to the State Government doubled to $1.28 billion, while exports grew by around 50% to ...
Hanlong tried to get Moly cheap (0) October 27, 2009 Moly Mines chief executive Dr. Derek Fisher said proposed Chinese investment partner Hanlong Mining tried to buy the company on the cheap at the depths the financial downturn.
Newcrest’s gold output dips (0) October 27, 2009 Newcrest Mining has announced an 8.4% decline in gold production in its latest annual report.
MMG happy with its place in the market (0) October 27, 2009 The newly established Minerals and Metals (MMG) group is comfortable with its current financial situation and will not rush to tap Australian equity market to raise funds.
Record profit despite lowered output (0) October 27, 2009 Centennial Coal has achieved a record net profit for the 2009 financial year in spite of lower production.
FEN to launch annual industrial buyers guide (0) October 27, 2009 Factory Equipment News (FEN) will release an industrial product buyers guide in early 2010 showcasing new manufacturing products.
Filling the infrastructure GAP (0) October 26, 2009 The Queensland Resources Council (QRC) last week welcomed the Premier’s re-commitment to build the Goonyella-Abbot Point (GAP) coal rail project in north Queensland ahead of export demand.
New NSW Minerals Council chairman (0) October 26, 2009 The NSW Minerals Council this morning announced the appointment of Xstrata Coal group executive Mick Buffier as chairman, replacing BHP Billiton Illawarra Coal president Colin Bloomfield.
Quarterly Business Sentiment Survey (0) October 26, 2009 A survey conducted by MINING DAILY shows the mining industry is still cautious in the face of economic recovery.
Felix takeover given conditional approval (0) October 26, 2009 Approval of the $3.5 billion takeover of Felix Resources by China’s Yanzhou Coal has come with a number of conditions.
Sylvania and Ruukki terminate merger (0) October 26, 2009 Australian platinum group metals miner Sylvania Resources has terminated its proposed merger with Finnish metals supplier Ruukki Group.
Australian Mine of the Year (0) October 23, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Hunter Valley contact for QR (0) October 23, 2009 Transport and logistics company QR yesterday announced a long-term coal haulage contract with BHP Billiton-subsidiary Hunter Valley Energy Coal.
No rise in WA bond rates until late-2010 (0) October 23, 2009 The WA Government has extended its moratorium on increased environmental bond rates until at least the end of 2010.
Deutsche Bank advise for Sundance (0) October 22, 2009 Sundance Resources has appointed Deutsche Bank to arrange funding for its Mbalam iron ore project in Cameroon, West Africa.
BHP declares force majeure at Olympic Dam (0) October 22, 2009 BHP Billiton has declared a force majeure on copper and uranium contracts after damage to the main shaft at its Olympic Dam site.
Innovative Mining Solutions (2) October 22, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Ivanhoe upgrades molybdenum resource (0) October 22, 2009 Ivanhoe Australia has discovered high grade molybdenum and rhenium mineralisation close to its current Merlin deposit in Queensland.
Atlas-Warwick merger progress (0) October 21, 2009 Warwick Resources security holders will have the opportunity to discuss the proposed merger with Pilbara iron ore producer Atlas Iron, after the Federal Court yesterday cleared the way to convene ...
SA opens its doors (0) October 21, 2009 SA Mineral Resources Development Minister Paul Holloway has told a business seminar in Beijing that the State welcomes further Chinese investment.
New technique halves ventilation costs (0) October 20, 2009 A new twin-shaft ventilation system, developed by Craigs Mining Services, has reportedly halved the cost of upgrades at Forrestania’s Flying Fox Mine in Western Australia.
Superior offer for Polaris (0) October 20, 2009 Polaris Metals has declared Lion-Asia’s latest takeover offer superior to last week’s offer by rival bidder Mineral Resources.
Moly receives major Chinese investment (0) October 20, 2009 Moly Mines has announced a US$700 million agreement with its Chinese investor Hanlong Mining.
Mine Manager of the Year (0) October 20, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Cautious optimism in QLD (0) October 19, 2009 Results from the Queensland Resources Council (QRC) CEO Sentiment Survey, released yesterday, suggest that the state’s mining executives are taking some comfort from the signs of recovery in the global ...
Lion steps up Polaris bidding (0) October 19, 2009 The Polaris Metals bidding war escalated late last week, with Lion-Asia Resources looking to trump rival bidder Mineral Resources with a revised cash offer of 70 cents per share.
Support for WA approvals changes (0) October 19, 2009 The Association of Mining & Exploration Companies (AMEC) has welcomed Western Australian Premier Colin Barnett’s proposal to adopt a lead agency model for future approvals.
Empire crosses the Rubicon in joint venture (0) October 16, 2009 By entering into a joint venture with Rubicon Resources this week, explorer Empire Resources effectively doubled its gold exploration stakes around its assets near Kalgoorlie, Western Australia.
WA market capitalisation doubles in eight months (0) October 16, 2009 The market capitalisation of Western Australian listed companies has nearly doubled in value over the past eight months, according to the Deloitte WA Index released yesterday.
