CPRS comes at a cost to coal (0) May 11, 2009 The Carbon Pollution Reduction Scheme to force the closure of 16 coal mines and slash a further 10,000 jobs: ACA
Cape Lambert acquires CopperCo (0) May 11, 2009 Cape Lambert Iron Ore Limited will acquire the assets of CopperCo Limited.
A fruitful partnership (0) May 11, 2009 A new joint venture between Australia’s Gindalbie Metals and Chinese company Ansteel is an example of a successful international partnership.
Budget support for junior explorers (0) May 11, 2009 AMEC chief executive Simon Bennison wants the new Federal Budget to address a lack of infrastructure for junior iron ore miners in WA.
Minerals Week 2009 (0) May 8, 2009 The impact of the global recession and key Government policies on the minerals sector will be the focus of this year’s Minerals Week.
Take no action, Dioro (0) May 8, 2009 Dioro Exploration managing director Rhod Grivas has reiterated his stance that the company’s shareholders take no action over Avoca Resources’ takeover bid.
Ore study to save millions (0) May 8, 2009 Curtin University is conducting a two year study into wet and sticky ore.
Uranium won’t mean waste, Moore (0) May 8, 2009 Increasing uranium mining will not result in WA storing nuclear waste, according to WA Minister for Mines and Petroleum.
Accidents cause shortfall (0) May 8, 2009 BHP Iron Ore will fall short of its production guidance after a number of safety incidents disrupted operations, Iron Ore president Ian Ashby said.
Minerals Processing (354) May 7, 2009 Australian Mining invites editorial contributions and story ideas for its Minerals Processing feature in the June 2009 issue.
Product Focus: Materials Handling (0) May 7, 2009 Australian Mining is inviting editorial contributions for its Materials Handling Product Showcase coming up in the June 2009 issue.
Hard Rock Mining (0) May 7, 2009 Australian Mining invites editorial contributions and story ideas for its Hard Rock Mining feature article coming up in the June edition.
An Olympic divestment (0) May 7, 2009 Territory Resources will divest its shares in Olympia Resources.
Stirling raises $10 m (0) May 7, 2009 Stirling Resources has raised a $10 million commercial bond.
Economy v community (0) May 7, 2009 The minerals industry views community activities in terms of economic costs, a recent study read.
Immediate exploration benefits (0) May 7, 2009 According to an independent report, a Flow Through Shares (FTS) scheme would have immediate benefits to the Australian mining industry.
Xstrata Q1 production surges (0) May 6, 2009 Xstrata has announced an increase in production in its Q1 Interim Management Statement.
Miners compete for safety crown (0) May 6, 2009 Sunrise Dam has won the CMEWA’s Surface Mine Emergency Response Competition.
Ponton maiden resource (0) May 6, 2009 Uranio Limited has announced a maiden Inferred Resource Estimate (IRE) for the Double 8 uranium prospect.
Atlas acquires Haddington tenements (0) May 6, 2009 Atlas Iron has given Haddington Resources notice of its intention to exercise its option to acquire the iron ore rights to six Pilbara tenements from Haddington.
Savage River operational update (0) May 6, 2009 Grange Resources has advised that the Autogenous Mill # 1 at Savage River has now returned to its normal production rate.
Stirling expands zircon assets (0) May 6, 2009 Stirling Resources has extended its mineral sands investment, with an agreement to transfer its zircon assets.
Ready for uranium (0) May 6, 2009 Outdated thinking has made it difficult for Queensland to take advantage of its abundant uranium reserves, Queensland Resources Council (QRC) chief executive Michael Roche told MINING DAILY.
Activity at Central Yilgarn Province (0) May 5, 2009 Southern Cross Goldfields has commenced drilling within the Central Yilgarn Gold and Nickel Province.
Deal or no deal (0) May 5, 2009 Mining companies must be prepared to deal in a dynamic market, according to a report from PricewaterhouseCoopers.
OZ management goes lean (0) May 5, 2009 Andrew Michelmore will resign from OZ Minerals to take up a senior executive role with Minmetals.
Track access opportunities (0) May 5, 2009 Rail access consultant Paul Bugler explores the changing face of track access for coal producers.*
Integrated QREX program in 2009 (0) May 4, 2009 Rockhampton’s Queensland Resources Expo 2009 (QREX) is a must-attend event in July.
Govt delays ETS (0) May 4, 2009 The Federal Government is expected to announce the delay of the ETS at lunch time today.
Basic flaws remain in CPRS, Hooke (0) May 4, 2009 Changes to the Carbon Pollution Reduction Scheme (CPRS) do not address its central flaw, according to Minerals Council of Australia Chief Executive Officer Mitchell H Hooke.
Deep impact (0) May 4, 2009 BHP has released the Environmental Impact Statement for the proposed expansion of its Olympic Dam mine.
A final extension (0) May 1, 2009 OZ Minerals lenders have once again extended the refinancing date of its loans.
Olympic EIS to be released (0) May 1, 2009 BHP Billiton will today release its Olympic Dam Environmental Impact Statement today.
Packaging sale (0) May 1, 2009 Rio Tinto may continue the selling its assets in order to reduce its debt levels.
Too early for predictions, Minister (0) May 1, 2009 Queensland’s Climate Change Minister Kate Jones believes it is too early to predict how emissions trading will affect mining jobs.
Alumina looks to raise cash (0) May 1, 2009 Alumina Limited announces equity raising to help reduce its debt levels.
Coal being left out, ACA (0) May 1, 2009 Australian Coal Association executive director Ralph Hillman believes a carbon emissions trading scheme will cost the coal industry up to $5 billion within its first five years.
A fine endeavour (0) April 30, 2009 CBH has released its quarterly report to 31 March.
Record production for Lihir (0) April 30, 2009 Australian miner Lihir Gold he posted its third consecutive record quarter of gold production.
Third quarter slump (0) April 30, 2009 Fortescue Metals has slashed its full-year sales forecast by 15% to 26 million tonnes following slower production and a steep fall in third quarter earnings.
A safe bet (0) April 29, 2009 Radiometric measurement is a safe and non invasive solution that is ideally suited for level limit detection, density and interface layer measurement. Endress+Hauser Australia’s product manager Simon Rigling writes for ...
ETS is expensive and flawed, MCA (0) April 29, 2009 The Minerals Council of Australia has criticised the proposed Emissions Trading Scheme.
EPA approval for Karara Project (0) April 29, 2009 The Western Australian Environmental Protection Authority (EPA) has released its reports for the Gindalbie Metals owned Karara Iron Ore Project.
Bootu Creek achieves 94% production (0) April 29, 2009 The Board of OM Holdings has released March 2009 Quarter results for the Bootu Creek Manganese Mine.
Solomon Group resource upgrade (0) April 29, 2009 Fortescue Metals Group has announced an increase to its Resource Estimate for its Solomon Group tenement area.
OZ still extending (0) April 29, 2009 OZ Minerals’ quarterly report reveals that the miner is still working with lenders seeking to refinance its loans.
TNG releases drilling results (0) April 29, 2009 TNG has reported initial results from its Mount Peake Project in the Northern Territory.
Avoca steps up Dioro chase (0) April 28, 2009 Avoca is attempting another takeover bid for Dioro Exploration.
Remembering fallen workers (0) April 28, 2009 A memorial service is being held in Perth to commemorate workers who have been injured or killed.
Contractor slashes 360 jobs (0) April 28, 2009 Macmahon Holdings will slash 360 jobs from its coal projects in the Bowen Basin.
Tender briefings, are they valuable? (0) April 28, 2009 Bid Write offers tips for buyers (especially procurement staff that usually organise the briefings) and bidders/sellers to get the most out of tender briefings.
National merger may go ahead (0) April 27, 2009 The NT Resources Council is considering a national merger with 11 industry groups.
Honeymoon has begun (0) April 27, 2009 Construction has begun at SA’s Honeymoon uranium mine.
Queensland quarterly snapshot (0) April 27, 2009 The Queensland Resources Council (QRC) releases quarterly report charting the performance of the State’s minerals and energy sector.
Another sale for OZ (0) April 27, 2009 OZ Minerals has sold one of its most highly prized assets to China Sci-Tech Holdings Limited (CST) for US$211 million cash.
Drilling to safety (0) April 27, 2009 Industrea Limited has signed a $2 million contract to supply underground directional drilling and gas drainage equipment.
Mining construction to fall 20%, BIS (0) April 27, 2009 Upcoming construction at several mining projects could be in doubt as Australia’s level of construction work is expected to fall by 20%.
Indigenous agreement endorsed (0) April 27, 2009 Aboriginal companies will manage mining royalties under a new scheme.
Council to achieve zero harm (0) April 24, 2009 The NSW Mine Safety Advisory Council has met in the Hunter to improve mine safety methods.
CPRS ‘just crazy’, Coates (0) April 24, 2009 Xstrata Australia Chairman slams Carbon Pollution Reduction Scheme (CPRS).
Rio sells African asset (0) April 24, 2009 Australian based resources development and investment company Gulf Resources has signed a Sale and Purchase agreement with Rio Tinto.
Newcrest maintains goals (0) April 24, 2009 Newcrest Mining’s gold production for the first quarter of 2009 was down 5% from the previous quarter.
ERA looking to expand (24) April 23, 2009 Energy Resources of Australia hopes to extend the life of Ranger mine.
BHP forced to sell cheap (0) April 23, 2009 Customer deferrals have forced BHP to sell its ore cheaply.
ETS will hurt Australia, Xstrata (0) April 23, 2009 The proposed trading scheme will cost Australia billions, Xstrata chairman Peter Coates said.
Time for uranium expansion (0) April 23, 2009 Industry representitives feel Australia is not taking proper advantage of its significant uranium resources.
Westside starts drilling (0) April 23, 2009 Westside Corporation has begun its 2009 coal seam gas drilling campaign.
Outback Metals bid (0) April 23, 2009 Outback Metals has increased its bid for Queensland Ores to one Outback Metals share for every four Queensland Ores shares, an increase of 16.49%.
AMEC welcomes new Director General (0) April 23, 2009 The Association of Mining and Exploration Companies (AMEC) has welcomed the appointment of Richard Sellers to the role of Director General of the Department of Mines and Petroleum (DMP).
Western Areas quarterly activities report (0) April 23, 2009 Western Areas has released the company’s quarterly activities report, indicating low cost nickel production and record development at Flying Fox, and encouraging developments at Spotted Quoll.
Beaconsfield quarterly activities report (0) April 23, 2009 Beaconsfield Gold has released the company’s quarterly activities report, reporting gold production of 18,340 ounces, up 21% on previous quarter.
Get amped on refurbishing (0) April 22, 2009 Austar Coal Mine has managed to save costs by purchasing second-hand, refurbished equipment. Jessica Darnbrough writes.
Shareholder derails RMA Energy deal (0) April 22, 2009 RMA Energy has received notification from Singapore-based Bounty Resources International that it wishes to defer its $1.8M Placement with RMA to investigate claims made against RMA by an individual shareholder.
Brightstar update (0) April 22, 2009 A1 Minerals has announced the first ore reserve statement for its 100%-owned Brightstar Gold Project.
Iron ore agreement (0) April 22, 2009 Polaris Metals and Mineral Resources Limited have entered into an agreement which grants Mineral Resources an exclusive option to acquire the rights to mine, process, transport and ship all of ...
Risk management model needed, IRC (0) April 21, 2009 The Industrial Relations Commission has released its review of the Mines Safety Act (1994).
Taking care of business: underground (0) April 21, 2009 Not long after installing a diesel particulate filter system at the Esperance Port in Western Australia, Mine Works has been given a contract to trial the filter system at the ...
Focus appoints preferred contractor (0) April 21, 2009 Focus Minerals has appointed the preferred contractor for its Three Mile Hill treatment plant.
Golden expansion (0) April 21, 2009 Australian gold miner Clancy Exploration has signed an agreement that will expand its existing relationship with Gold Fields Limited.
Chinese whispers (0) April 21, 2009 Fortescue Metals has confirmed recent speculation that it is in talks with Chinese financial leaders.
Sit tight on Chinalco deal, du Plessis (0) April 21, 2009 Rio Tinto has urged shareholders to reserve their judgements on its proposed deal with Chinalco.
Union calls for Govt support (0) April 20, 2009 AWU is calling for Government support to stop the loss of 500,000 jobs.
NT explorer signs over 25% (0) April 20, 2009 Arafura Resources signs over 25% interest as part of a $24 million equity investment agreement.
WA explorer hits high note (0) April 20, 2009 Prairie Downs Metals has identified nine high-priority targets that at its namesake project in Western Australia.
Electrical fault safety alert (0) April 20, 2009 The Mines Inspectorate has released a safety alert after a worker received burn injuries from a faulty electrical motor cell.
Electrical incident sparks concern (23) April 20, 2009 The Mines Inspectorate has issued a safety alert after two separate electrical incidents at the same underground mine.
Routine repair operation ends in tragedy (0) April 20, 2009 The NSW Department of Primary Industries (DPI) has issued a safety alert after a worker received fatal injuries during a routine repair procedure.
Board to face pressure at AGM (0) April 20, 2009 Rio Tinto shareholders could use today’s annual general meeting to push for a major overhaul of the company’s board.
State of exploration (0) April 17, 2009 The Queensland Government is attempting to stimulate mineral and energy exploration.
Gold caught in red tape (0) April 17, 2009 Bureaucratic hurdles may stop WA from enjoying gold rush.
Merger not to blame, Michelmore (0) April 17, 2009 OZ Minerals CEO Andrew Michelomore has defended the 2008 merger of Zinifex and Oxiana.
Govt launches Carbon Capture Institute (0) April 16, 2009 Prime Minister Kevin Rudd will today launch the Federal Government’s new Global Carbon Capture and Storage Institute.
Farm-in gold venture (0) April 16, 2009 Emmerson Resources looks to fast track the discovery of Tier 1 gold and gold-copper deposits.
Ranger digging deep (0) April 16, 2009 ERA seeks approval for Ranger 3 Deeps exploration decline.
Top performers in Queensland (7) April 16, 2009 Deloitte Queensland Energy & Resources Index ranks strong QLD performers.
Shareholders voice concern (0) April 16, 2009 Rio Tinto bosses have been forced to defend the company’s proposed deal with Chinalco.
OZ signs the deal (0) April 14, 2009 OZ Minerals has signed a sale implementation agreement with China Minmetals.
QLD mines receive safety boost (0) April 14, 2009 Queensland to receive safety boost with appointment of seven new mine inspectors.
Combining gold with gold (0) April 14, 2009 Mid-tier Australian gold producer Avoca Resources looks to expand its operations.
WA to overhaul environmental approvals processes (0) April 14, 2009 Western Australia is welcoming the release of the EPA Environmental Impact Assessment Process Review to streamline approvals within the State.
A question of safety (0) April 9, 2009 Yet another BHP Billiton iron ore worker in Western Australia has been injured.
National awards good for business (0) April 8, 2009 The 6th Annual Australian Mining Prospect Awards is currently calling for nominations.
Xstrata to face day in court (0) April 8, 2009 Xstrata will defend itself in court against claims that the company’s mining activities has caused high blood-lead levels in some Mt Isa Children.
White Dam Project update (0) April 8, 2009 Exco Resources receives approval for White Dam project.
Meridian completes placement (0) April 8, 2009 Meridian completes capital raising to accelerate project assessment program.
Miners slash jobs (0) April 8, 2009 More than 1000 mining and construction jobs will be lost.
Illawarra to house methane mines (0) April 7, 2009 Apex Energy has submitted plans to develop methane gas projects in coal seams along the Illawarra escarpment to the New South Wales Department of Planning.
Centennial brings home the gold (0) April 7, 2009 Centennial Coal’s Newstan Colliery was honoured at last night’s NSW Minerals Council Health and Safety Innovation Awards for their purpose built longwall isolation system
Blow off some steam (0) April 7, 2009 Australia is arguably a world leader in workplace mining safety, that said however, the sheer scale of the industry and its activities has its inherent dangers. Eximo’s general manager Melissa ...
Galaxy consolidates tenement holdings (0) April 7, 2009 Galaxy has announced three developments to consolidate its tenement holding in the Ravensthorpe region of Western Australia.
Darwin puts infrastructure first (0) April 7, 2009 The Darwin Port Corporation (DPC) is in the process of spending in excess of $70 million of investment capital to improve facilities at Australia’s Northern Gateway port.
Canadian miner goes West (0) April 7, 2009 Canadian uranium company Cameco Corporation has opened an office in Perth ahead of a planned exploration program at its Kintyre uranium mine in the Pilbara.
Australians oppose Chinalco deal (0) April 7, 2009 Six out of 10 Australians want the Federal Government to block Chinalco’s proposed $27 billion investment in Rio Tinto, according to a Newspoll taken over the weekend.
WA back in the game with Exploration Incentive Scheme (0) April 7, 2009 Western Australian explorers will benefit from the $80 million Exploration Incentive Scheme (EIS) to promote exploration in the State and re-position WA as a competitive player within the mining industry. ...
WA back in the game (0) April 7, 2009 In a bid to remain competitive and answer for a slowing market, the WA Government has introduced an $80 million Exploration Incentive Scheme (EIS) to revitalise exploration within the state.
CPRS may affect trade, Williams (0) April 6, 2009 The Federal Government’s Carbon Pollution Reduction Scheme must address the issue of international trade competitiveness for Australian industries, NSW Minerals Council chief executive Dr Nikki Williams said.
Miner boosts cash reserves (0) April 6, 2009 WestSide Corporation has boosted its cash reserves to $28 million in a bid to expand the gas reserves at its Bowen Basin coal seam gas tenements.
Death forces mine into shutdown (0) April 6, 2009 Operations at Integra Coal’s Glennies Coal Mine have been suspended pending investigation into the death of a miner on the weekend.
Longwall relocation prompts safety alert (0) April 6, 2009 THE Department of Primary Industries (DPI) has released a safety alert after a near-miss incident during a longwall relocation in NSW.
Australian Mining Business Sentiment Survey (0) April 6, 2009 Take part in the Australian Mining Business Sentiment Survey for your chance to win a $150 Westfield shopping voucher.
Great longwall of China (0) April 6, 2009 Mining products and services group Industrea Limited has signed a $20 million contract to supply longwall equipment China’s biggest coal producer.
Twiggy’s day in court (0) April 6, 2009 Fortescue Metals (FMG) will be in court today as the Australian Securities and Investment Commission (ASIC) launches proceedings alleging the miner “seriously misled” the market.
Worker crushed by continuous miner (0) April 6, 2009 THE Department of Primary Industries (DPI) has issued a safety alert after a mine worker was crushed by a continuous miner in NSW.
Hunter: ahead of the game (0) April 3, 2009 QRNational Coal NSW Manager David Down, Australian Rail Track Corporation CEO David Marchant, and NSW Minerals Council Director of Infrastructure & Government Relations Jai McDermott give Australian Mining an exclusive ...
Foreign investment inevitable, Kuchel (0) April 3, 2009 Australia can expect continued foreign investment well into the future as the country struggles to maintain its footing in the global financial crisis, South Australia Chamber of Mines and Energy ...
Coal will rebound from crisis, IBISWorld (0) April 3, 2009 New mining projects based on coal seam methane gas in Queensland may help insulate Australia from the effects of the global recession, IBISWorld analyst Raghu Rajakumar said in a recent ...
Stay out of our business, Rowely (0) April 3, 2009 Some of Australia’s most prominent mining leaders gathered in Sydney yesterday, calling for the government to get serious about underwriting investment in the industry.
Massive infrastructure shortfall in South Australia (0) April 3, 2009 Phoenix Copper managing director Paul Dowd told delegates at yesterday’s Financial Review Australian Infrastructure Conference 2009 that South Australia faces urgent infrastructure challenges if the State is to meet the ...
BHP wins tax case (0) April 3, 2009 BHP Billiton has won a legal battle with the Australian Tax Office (ATO) over disputed tax bills totalling $1.8 billion.
Milestone delivery (0) April 3, 2009 The maiden delivery of concentrate from OZ Minerals’ Prominent Hill copper-gold mine in South Australia has been dispatched to the Port of Darwin in the Northern Territory.
Increase uranium mining, Ferguson (17) April 3, 2009 Federal Resources and Energy Minister Martin Ferguson believes that Australia should increase both uranium mining and exports in order to meet China’s expected nuclear energy expansion.
ACCC threatens to delay Newcastle coal (0) April 2, 2009 The Australian Competition and Consumer Commission has said it will pull the pin on a scheme to manage the coal vessel queue in the Hunter if a consortium led by ...
Capturing fugitive emissions (0) April 2, 2009 Rio Tinto is working to reduce coal bed methane gas at its Mount Thorley Warkworth site in New South Wales, with the hope of doing the same for other coal ...
What a wonderful waste (0) April 2, 2009 A Hunter Valley mine is taking an innovative approach to managing its environmental impact by recycling waste oil and using it in explosives. Jessica Darnbrough writes.
Deal gets German clearance (0) April 2, 2009 In another step towards the deal’s completion, Chinalco has received approval from the German Federal Cartel Office for its US$19.5 billion investment offer to Rio Tinto, the mining company said ...
Saved by the bell (0) April 2, 2009 The revised investment deal offered to OZ Minerals by China Minmetals is being seen as something of a ‘get out of gaol free’ card, after it will pay down all ...
WA minister orders BHP to stop work (0) April 2, 2009 Western Australia’s Minister for Mines and Petroleum Norman Moore has ordered BHP Billiton to stop work at any mines in the State that have been issued with breach of practice ...
Xstrata top polluter, NPI (0) April 1, 2009 The National Pollutant Inventory (NPI) has listed Xstrata’s Mt Isa Mine as the nation’s top emitter of cadmium, lead, sulphur dioxide, zinc, arsenic and antimony.
China buys Terramin equity (0) April 1, 2009 Terramin Australia will sell equity to one of China’s largest resource firms, China Non-Ferrous Metals (NFC) Industry, giving them a seat on Terramin’s Board in exchange for funds.
Workplace initiative to stimulate economic growth (0) April 1, 2009 The Mining Industry Skills Centre has selected a number of students to take part in a workplace initiative to improve economic growth for local communities in north Queensland.
WA petroleum biggest in the land (0) April 1, 2009 Minerals and petroleum sales in Western Australia topped $70 billion in 2008, an increase of 35% over the previous year.
Fortescue deal gets green light (0) April 1, 2009 Treasurer Wayne Swan and the Foreign Investment Review Board (FIRB) have approved the application by China’s Hunan Valin Iron and Steel to buy up to 17.55% of Fortescue Metals.
Pot of gold for OZ (0) April 1, 2009 OZ Minerals has accepted a revised deal from China Minmetals which excludes its Prominent Hill mine, the company announced today.
Ban on takeover deal disappointing, Rann (0) March 31, 2009 South Australian Premier Mike Rann wants to talk with Federal Treasurer Wayne Swan about his decision to block the sale of OZ Minerals’ $1.15 billion Promient Hill mine to Chinese-owned ...
Micro-organism may save miners thousands (0) March 31, 2009 A salt-tolerant micro-organism could save the mining industry thousands of dollars a year and expand the use of biomining in Western Australia.
Safety bulletin touches on explosive loading (0) March 31, 2009 The WA Department of Mines and Petroleum (DMP) has updated its safety bulletin regarding the earthing of underground ammonium nitrate (ANFO) loaders.
Eastern Goldfields Spotlight (0) March 31, 2009 Australian Mining invites editorial contributions and story ideas for its Mining in the Eastern Goldfields of WA feature coming up in the May issue.
Gladstone MP slams coal freight charges (0) March 31, 2009 Mining jobs will be lost and local industries damaged if the Queensland government does not abolish coal freight charges, Gladstone MP Liz Cunningham told MINING DAILY.
First shipment heads for China (0) March 31, 2009 Atlas Iron has delivered the first cape size shipment of iron ore from its Pardoo Project in Western Australia.
Hunter rolling stock at critical levels (0) March 31, 2009 Australian Rail Track Corporation (ARTC) Chief Executive Officer David Marchant has told MINING DAILY that Hunter Valley miners must urgently look at purchasing extra rolling stock to avoid a shortage ...
Conveying Aussie jobs (0) March 31, 2009 Fenner Dunlop will be creating many Australian jobs when it opens its $65m steel cord conveyor belt production facility in Perth, the company said.
Fuel reduces carbon emissions (0) March 30, 2009 A Professor from the University of Western Australia’s centre for petroleum, fuels and energy has developed a fuel additive that has the ability to deliver fuel savings and engine performance ...
Foreign investment paranoia not necessary, QRC (0) March 30, 2009 China and India are the new sources of foreign investment and Australia has to evolve with its new trading partners, South Australian Chamber of Mines and Energy chief executive Jason ...
Encountering latent conditions (2) March 30, 2009 McCullough Robertson Lawyers Partner, Brad McCosker, explains the rights and responsibilities of both the mine owner and the contractor when encountering different ground or latent conditions.
Investment capital in the bank (0) March 30, 2009 Chinalco announced that it has secured US$21 billion in loans from four Chinese banks in order to fund its proposed US$19.5 billion investment in Rio Tinto.
BHP may re-enter Rio talks (0) March 30, 2009 BHP Billiton could re-enter acquisition talks with Rio Tinto as key investors prompt the company to explore potential deals, according to a newspaper report.
OZ considers new deal (0) March 30, 2009 A weekend of frantic negotiating has seen China Minmetals make an alternate offer to OZ Minerals after Federal Treasurer Wayne Swan last week vetoed the initial deal on the grounds ...
