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 ...
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.
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.
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.
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.
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.
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.
Polaris approves improved takeover offer (0) October 16, 2009 The directors of Polaris Metals yesterday recommended the company’s shareholders accept the takeover bid from Mineral Resources, after both parties negotiated an improved offer.
Explorer of the Year (0) October 16, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Nickel is the metal of the future, analyst (0) October 15, 2009 The long-term nickel floor price has ‘turned the corner’ and will continue to rise over coming decades, according to resources adviser Martin Pyle, Principal of Perth-based Martin Pyle Consulting.
Outstanding Contribution to Mining (0) October 15, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Brisbane booming as mining innovation centre (0) October 15, 2009 The prospects for the mining technology services sector in Brisbane are booming, as local technology companies take out five out of the nine categories at the 2009 Lord Mayor’s Business ...
ERA to develop heap leach facility (0) October 15, 2009 Energy Resources of Australia (ERA) is set to develop a heap leach facility at the Ranger mine for the extraction of uranium oxide contained in low grade mineralised material within ...
Website spruiks MCA climate stance (0) October 14, 2009 The Minerals Council of Australia has established a new website to push its case in the current debate surrounding the Carbon Pollution Reduction Scheme (CPRS).
Truck braking gaining traction (0) October 14, 2009 Following the Queensland Mines Inspectorate decree to end inadequate truck braking earlier this month, Advanced Braking Technologies (ABT) has received strong interest for its fail-safe auxiliary truck braking system.
Miningaustralia.com.au launches job search tool (0) October 14, 2009 Australia’s leading mining news website, www.miningaustralia.com.au, has introduced a new job search tool showcasing the latest mining and minerals processing jobs in Australia and abroad.
Collinsville remembers Black Wednesday (0) October 14, 2009 The lives of the 26 Collinsville miners who have died since mining began in the area in 1919 are being commemorated in the northern Bowen Basin town today.
Coal Mine of the Year (0) October 14, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Nicholas Downs opens March 2010 (0) October 13, 2009 Mineral Resources yesterday announced an agreement with Hancock Prospecting to commence operations at the Nicholas Downs manganese operation in March 2010.
Ramelius extends Dioro bid period (0) October 13, 2009 Ramelius Resources yesterday extended the offer period for its attempted acquisition of Dioro Exploration by three weeks, after nearly doubling its holdings in the target in the previous two days.
Public comment extended on Yeelirrie proposal (0) October 13, 2009 Western Australia Environment Minister Donna Faragher has extended the public consultation period on the level of assessment of BHP Billiton Yeelirrie Development Company’s proposed open cut uranium ore mine.
Xstrata Copper divests interest in Chile (0) October 13, 2009 Xstrata Copper Chile SA has entered into a formal sale agreement with Barrick Gold Corporation for Xstrata’s 70% interest in El Morro SCM.
Spotted Quoll pit named after late founding director (0) October 13, 2009 Mine development at Spotted Quoll has commenced, with the initial open-pit mine at Spotted Quoll named after Timothy King, a founding Director of Western Areas.
Best Contract Miner of the Year (0) October 13, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
FIRB approves Meridian investment (0) October 13, 2009 Meridian Minerals has been advised that the Foreign Investment Review Board has approved the investment of $10.5 million into Meridian by Northwest Nonferrous Australia Mining.
Nickel prices surge (0) October 13, 2009 Western Australia’s Minister for Mines and Petroleum, Norman Moore, will open the country’s largest nickel conference in Perth on Wednesday as the price for the metal – a critical steel ...
Defence opens talks with WPG (0) October 12, 2009 The Department of Defence last week hosted executives from Western Plains Resources (WPG) to discuss the future development of the Hawks Nest magnetite deposit, which lies within the Woomera Prohibited ...
Yanzhou resubmits Felix bid (0) October 12, 2009 China-based Yanzhou Coal Mining will today resubmit its $3.5 billion bid application for Felix Resources to the Foreign Investment Review Board (FIRB).
Water-resistant shotblast product (0) October 12, 2009 Aquacrete has introduced a water-resistant shotblast product developed specifically for reinforcement and stabilisation where conditions may result in erosion from water.
Excellence in Environmental Management (0) October 12, 2009 MINING DAILY profiles each of the finalists in the 12 categories of the 6th annual Australian Mining Prospect Awards.
Mine of the Week: Cloudbreak (0) October 12, 2009 The team at Cloudbreak recently took delivery of the first of a series of upgraded surface miners, which will deliver a significantly higher mining rate at the mine.
Avoca quarterly results (0) October 12, 2009 ASX 200 mid-tier gold producer, Avoca Resources, has announced that it produced 50,584 ounces from its Trident underground gold mine during the September quarter.
UraniumSA placement (0) October 12, 2009 UraniumSA has announced it has successfully arranged to raise $4 million before costs through the placement of 20 million fully paid ordinary shares at 20 cents each.
Carrick Gold quarterly highlights (0) October 9, 2009 Carrick Gold said it took significant steps towards developing its Kalgoorlie project and becoming a mid-tier gold producer during the September quarter, in its quarterly report released yesterday.
Prisoners fill skills gap (0) October 9, 2009 In a partnership with the South Australian Department of Correctional Services, BHP Billiton will welcome teams of low security convicts from Port Augusta Prison to work at its Olympic Dam ...
Moura-Aldoga project kicks off in 2010 (0) October 9, 2009 The Central Queensland (QLD) regional coal industry has welcomed conditional approval for a QR Limited project linking the Moura-Gladstone line with the Aldoga Industrial precinct north of Gladstone.
BHP blocks details of shaft shutdown (0) October 9, 2009 BHP Billiton is yet to offer specific details of the haulage system breakdown at Olympic Dam.
OZ class action lodged (0) October 8, 2009 Litigation funder IMF Australia yesterday announced it had issued a class action against OZ Minerals in the Federal Court of Australia.
Integrated object detection system (0) October 8, 2009 Caterpillar is introducing the Cat Integrated Object Detection System, designed to enhance minesite safety.
Trident paste plant on time and under budget (0) October 8, 2009 Avoca Resources has commenced placing cemented tailings (paste) into underground stopes at its Trident gold mine, following the successful construction and commissioning of its Trident paste plant.
Zinc spill under control (0) October 8, 2009 Queensland’s Department of Environment and Resource Management is satisfied that there is no imminent danger to areas surrounding a zinc spill from MMG’s Century Mine.
Mechanical failure at Olympic Dam (26) October 8, 2009 Investigations are underway after a system malfunction at BHP Billiton’s Olympic Dam mine.
Iron ore future not set, RCR (0) October 8, 2009 A report from Resource Capital Research has found the iron ore market has continued to improve, but its pricing future remains uncertain.
Machine-mounted sensors for smart mining operations (0) October 7, 2009 The Minerals Down Under Flagship aims to integrate individual sensors into a machine-mounted instrumentation system capable of controlling surface mining and processing operations. Gio Braidotti writes.
Investigative work at the nano-scale (0) October 7, 2009 Electron microscopy is helping solve the iron ore industry’s phosphorus problem. If successful, the work could be worth billions of dollars to the Australian industry. Tim Treadgold writes.
Foreign investment for Balmoral South (0) October 7, 2009 Australasian Resources managing director Andrew Caruso believes the FIRB proposal to cap foreign investments in underdeveloped projects will not pose too many problems for its Balmoral South Iron Ore Project.
Gold prices at record high (0) October 7, 2009 Despite gold prices reaching a record $1045 per ounce overnight, Resource Capital Research senior gold analyst Tony Parry has stood by his prediction that prices would steady over the rest ...
Industry Report: Mining Services in Australia (0) October 7, 2009 The Mining Services industry is feeling the impact of the global financial crisis on the real economy. MINING DAILY presents key Mining Services outlook indicators from IBISWorld.
Last minute bid for Polaris (0) October 7, 2009 A bidding war has started for Western Australian iron ore junior Polaris Metals.
Rio crosses new frontiers (0) October 7, 2009 Rio Tinto has signed a long awaited investment agreement to develop the Oyu Tolgoi copper-gold complex in Mongolia.
Exploration continues surrounding Pajingo gold mine (0) October 7, 2009 Heemskirk Consolidated and JV partner North Queensland Metals will accelerate exploration drilling on the Moonlight prospect at the Pajingo gold mine.
Executives and workers locked in ETS row (0) October 6, 2009 The row between mining lobby groups and coal mine workers continues, with Queensland Resources Council chief executive Michael Roche weighing into the debate over the Federal Government’s Emissions Trading Scheme ...
Product Spotlight: 793F Cat Mining Truck (34) October 6, 2009 Cat has released the 793F Cat Mining Truck, the fifth generation of the 793, with a new engine, choice of power train options, choice of body systems and a completely ...
FIRB approves gold takeover (0) October 6, 2009 The Foreign Investment Review Board has given the green light to the takeover of Sino Gold by Canada’s Eldorado Gold.
Zinc spill from Century pipeline (0) October 6, 2009 MMG has reported a zinc spill after a failure in a pipeline from its Century mine.
Port Lincoln development approved (0) October 6, 2009 The South Australian Minister for Urban Planning and Development has approved Centrex’s Port Lincoln Development Application.
Balmoral South gets green light (0) October 6, 2009 Australasian Resources has received the go ahead from the Western Australian Environmental Protection Authority (EPA) for its Balmoral South Iron Ore Project in the State’s Pilbara region.
Gold prices to stabilise, RCR (0) October 6, 2009 Resource Capital Research (RCR) predicted that returning stability to the US dollar will see gold trading steady to prices of around US$950 to $1000 per ounce for the rest of ...
FMG deal still likely, analyst (0) October 2, 2009 Fortescue’s iron ore supply agreement with China is unlikely to be derailed after the company failed to meet this week’s $6 billion funding deadline, a leading resource analyst told MINING ...
Harmony a tall order under OHS laws (0) October 2, 2009 Unions and employers will clash over Australia’s new occupational health and safety (OHS) laws at The Safety Conference later this month, but increasingly, regulators – rather than the law itself ...
Anti-CPRS campaigners risk losing support (0) October 2, 2009 The Australian coal industry’s biggest lobby groups risk losing the support of thousands of coal industry employees as they push to have the Federal Government’s proposed Carbon Pollution Reduction Scheme ...
Truck deaths cannot continue, Inspectorate (0) October 2, 2009 The Queensland Mines Inspectorate called for an immediate end to the ‘state-wide mining issue’ of inadequate truck braking.
House design an Oasis in the Pilbara (0) October 2, 2009 Western Australian Minister for Regional Development Brendon Grylls yesterday announced the winners of a competition that encouraged builders and architects to collaborate and design new homes for specific climate zones.
Touching the void (0) October 1, 2009 A new remote control laser scanner will allow underground mine surveyors to inspect voids without endangering their safety. Michael Mills writes.
Predictable processing (0) October 1, 2009 Minerals processing software has stopped an alumina refinery’s liquor tanks from overflowing, improving production and safety along the way. Michael Mills writes.
Defence flags possible talks (0) October 1, 2009 The Department of Defence yesterday indicated it was prepared to restart negotiations over the proposed joint venture at the Hawks Nest magnetite deposit.
Herald directors endorse improved offer (0) October 1, 2009 The independent directors of Herald Resources yesterday unanimously recommended the company’s shareholders accept Calipso Investment’s increased takeover offer of 93 cents per share.
Smart baseball cap monitors mining fatigue (0) October 1, 2009 New technology aimed at combating fatigue-related heavy vehicle driving incidents will be piloted at Moranbah North and Capcoal mines.
Rhodes Ridge JV upheld (0) October 1, 2009 Rio Tinto has welcomed the Mining Warden’s confirmation that the Rhodes Ridge Joint Venture’s (50 per cent Rio Tinto) tenure over Rhodes Ridge in the East Pilbara in North West ...
Aston earns 30% interest in Dingo JV (0) October 1, 2009 Cockatoo Coal has advised that Aston has earned a 30% participating interest in the Dingo project joint venture.
Fortescue misses funding deadline (0) October 1, 2009 Fortescue Metals failed to meet yesterday’s deadline for a US$6 billion funding deal with Chinese banks.
Evaluator approves Felix takeover (0) October 1, 2009 The proposed $3.5 billion takeover of Felix Resources by Chinese State-owned Yanzhou Coal has been ruled fair and equitable by an independent evaluator.
Skills council defends Productivity Places Program (0) October 1, 2009 SkillsDMC has urged the resources and civil infrastructure industries to continue to identify workforce labour and skills gaps after media reports that the Productivity PPP neglects vital skills.
Scholarships tackle QLD skills shortage (0) September 30, 2009 The Queensland Resources Council (QRC) and CQUniversity this morning announced a pair of scholarships aimed at solving the skills shortages plaguing the State’s resources sector.
More time for Defence negotiations (0) September 30, 2009 Western Plains Resources and Chinese state-owned steel producer WISCO yesterday announced they had agreed to extend the transaction deadline for their Hawks Nest joint venture by three months.
Lynas forced into equity raising (0) September 30, 2009 Lynas Corporation has turned to an equity raising after the recent collapse of its $500 investment deal with China Nonferrous Metal Mining.
Palmer attacks ‘racist’ FIRB policies (0) September 30, 2009 Australian mining magnate Clive Palmer has savaged FIRB suggestions of capping foreign investment in mining companies.
Moronbah draws power from waste (0) September 30, 2009 The Queensland Minister for Mines and Energy Stephen Robertson yesterday officially opened the State’s largest waste gas fired power station in the Bowen Basin.
Adelaide Resources raises $2.28 million (0) September 30, 2009 Adelaide Resources has placed 12,000,000 ordinary shares with sophisticated investor clients of Bell Potter Securities Limited, in order to increase the company’s Rover Gold-Copper Project exploration program.
Trafford announces Singapore deal (0) September 30, 2009 The Directors of Trafford Resources have announced the proposed placement of 6,203,486 ordinary fully paid shares, representing 10% of its issued capital, at $0.25 per share.
Training pays off for Donaldson Coal (0) September 30, 2009 A push to find employees with the right cultural fit, and a structured training program, have seen Donaldson Coal take out the Workforce Development Innovation Award at the 2009 Mining ...
Nothing grim about minesite execution (0) September 29, 2009 Manufacturing execution systems can now be used to link the various aspects of mining operations.
Greener pastures for fieldbus (0) September 29, 2009 Fieldbus technology could make a huge difference to the way mines are operated, but the industry is still resistant to change. Michael Mills writes.
Ad campaign pushes coal’s case (0) September 29, 2009 Coal miners and lobby groups once again voiced their disapproval of the proposed Carbon Pollution Reduction Scheme (CPRS) yesterday, coinciding with the launch of an advertising campaign by the Australian ...
Huddy’s Mining Services moves in on the Hunter (0) September 29, 2009 Industrea Limited has announced that subsidiary Huddy’s Mining Services has signed two additional agreements with Warkworth Mining for the hire, service and support of further equipment for its Mt Thorley ...
Dust storms could be radioactive, BBC (0) September 29, 2009 According to a BBC report, environmentalists have raised concerns that another giant dust storm blowing its way across eastern Australia may contain radioactive particles.
Coal slurry smashes through bin control room (0) September 29, 2009 The New South Wales Mine Safety Operations Branch has released a safety alert after a serious accident involving coal and slurry discharge from a rail loading bin.
Turning waste into a positive (0) September 29, 2009 Millions of tonnes of Australia’s waste products from minerals processing and power stations can potentially be re-processed and used create better fertility and health products.
Apex Minerals rights issue (0) September 28, 2009 Apex Minerals on Friday announced a $108.6 million rights issue, in a further effort to eliminate debt and raise capital following the sale of its Aphrodite gold project last week.
Former chairman launches boardroom coup (0) September 28, 2009 Former Troy Resources chairman John Jones is aiming to retake control of the company, launching a bid on Friday to replace three board members, including chief executive Paul Benson.
Goliath defeats David (0) September 28, 2009 Junior iron ore player Cazaly Resources has failed in its bid to wrest control of the Rhodes Ridge iron ore deposit in Western Australia from Rio Tinto.
Base metals merger (0) September 28, 2009 Vulcan Resources and Universal Resources have announced that the two companies have agreed to merge through a scheme of arrangement.
Exploration in Broken Hill (0) September 28, 2009 Explorers from across Australia and overseas will converge on western NSW this week at the Broken Hill Exploration Initiative conference.
Serious accident at Paddington (0) September 28, 2009 Two miners were seriously injured yesterday at Norton Goldfields’ Paddington Gold Mine in Western Australia.
Lynas investment falls through (0) September 25, 2009 China Nonferrous Metal Mining (CNMC) has terminated its $500 million equity investment into Rare Earths miner Lynas, after the FIRB recommended changes to the conditions of the agreement.
Majors Creek scoping study (0) September 25, 2009 Cortona Resources has completed a positive scoping study for a potential $30 million underground mine development at its Majors Creek Gold Project.
Rock fall injury prompts alert (0) September 25, 2009 The NSW DPI has issued a safety alert, after a worker was struck in the head by a falling rock.
Apex sells Aphrodite (0) September 25, 2009 Apex Minerals yesterday agreed to sell its wholly-owned Aphrodite Project to Aphrodite Gold for $7.5 million.
Drilling underway (0) September 25, 2009 Uranium hopeful Toro Energy has commenced maiden drilling at its Lake Mackay project in Western Australia.
National safety model on the agenda (0) September 25, 2009 Workplace Relations Ministers will meet in Sydney today to discuss a draft model for an OH&S Act that will harmonise Australia’s health and safety laws.
Soft solution for hard problems (0) September 24, 2009 Mining companies have turned to business management software to ensure their operations remain profitable. Michael Mills writes.
A real oppurtunity (0) September 24, 2009 Michael Mills spoke to the Parker Cooperative Research Centre’s Dr John Kildea about the past, present and future of hydrometallurgical research.
Chinese investment a national security risk (0) September 24, 2009 The decision by the Department of Defence to reject a joint venture proposal involving a Chinese state-owned company on national security grounds has raised questions about the future of Chinese ...
Massive resource upgrade (0) September 24, 2009 Fox Resources yesterday announced a 307% increase in the total nickel and copper resources at its Radio Hill project near Karratha, Western Australia.
Kinder Vortex Blastair (0) September 24, 2009 Materials handling product supply company Kinder has released the Vortex
Blastair air blaster, designed to clear processing blockages.
More than a stopgap solution (0) September 24, 2009 Air Springs Supply has introduced a new range of Pronal stoppers to the Australian market that range from use in testing to emergency tasks.
Gemcom Minex software (1) September 24, 2009 Gemcom has designed an end to end software system that is designed to allow detailed scheduling decades into the future
Transparent links in the contract chain (0) September 24, 2009 With many mining jobs performed by different contractors, it is important for companies to keep track of each level of management using intelligent software systems.
ACCC reinstates interim authorisation (0) September 24, 2009 The ACCC has reinstated interim authorisation to Port Waratah Coal Services, the Newcastle Coal Infrastructure Group and the Newcastle Port Corporation, including for the port’s coal queue capacity management system. ...
Monadelphous awarded $85 M contract (0) September 24, 2009 Engineering company Monadelphous Group has secured a significant construction contract with Rio Tinto Iron Ore for major works associated with Phase I of the Brockman 4 development, in the north ...
CSIRO-China survey agreement (0) September 24, 2009 CSIRO has signed a Memorandum of Understanding (MoU) with the China Geological Survey (CGS) following successful projects between CSIRO and CGS in the field of hyperspectral imaging.
Consolidation not inevitable, Flanagan (0) September 24, 2009 Atlas Iron managing director David Flanagan does not believe consolidation among WA junior iron ore players is always the best policy.
New Pilbara website launched (0) September 24, 2009 Western Australia Minister for Regional Development Brendan Grylls has announced the launch of the new Spotlight on the Pilbara website.
Rail duplication complete (0) September 23, 2009 Queensland Transport Minister Rachel Nolan yesterday announced the $49 million duplication of the Blackwater rail system in the Central Bowen Basin had been completed.
Dioro directors reject Ramelius bid (0) September 23, 2009 The independent directors of Dioro Exploration have this morning urged shareholders to reject Ramelius Resources’ acquisition bid.
Big finds up for grabs in Africa (0) September 23, 2009 To capitalise on near-record gold prices, many Australian explorers are looking overseas to discover big finds.
Union backs BHP worker demands (0) September 23, 2009 Union delegates have endorsed a range of improvements they plan to negotiate with BHP over the coming year.
Trapped miners rescued (0) September 23, 2009 Two zinc miners who were trapped underground for almost 24 hours at the Perilya mine in Broken Hill were freed yesterday afternoon.
M&E underway today (0) September 22, 2009 The largest Hunter Valley mining exhibition, M&E NSW, gets underway in Muswellbrook today, returning after a four year absence.
Herald takeover bid ‘unfair’ (0) September 22, 2009 An independent report has described Calipso Investment’s unsolicited takeover offer for Herald Resources as “neither fair nor reasonable.”
Edna May fund raising (0) September 22, 2009 Catalpa Resources yesterday announced it would advance its $92 million Edna May open-pit gold project into production by July next year.
Hold up for FourMile (0) September 22, 2009 Work on the FourMile uranium mine has been delayed by at least four months after a holdup in securing a mining lease.
Contributions awarded (5) September 22, 2009 Two long serving members of the Australian mining industry were recognised today at the Excellence in Mining and Exploration conference in Sydney.
Export dollars to fall, ABARE (0) September 22, 2009 The latest outlook report from ABARE has predicted Australia will lose $39 billion from its total commodity exports.
Bauxite share placement (0) September 21, 2009 Bauxite Resources has announced it has entered into mandate agreements to raise $57 million through the placement of 60 million shares at 95 cents each.
Golden Jubilee for Dioro (0) September 21, 2009 Dioro Exploration last week reported record gold production at its Jubilee Mill in its August quarter results, following on from record production in the previous quarter.
Spotted Quoll approved (0) September 21, 2009 Western Areas has announced its Spotted Quoll open pit nickel mine had received the final go ahead from WA Environment Minister Donna Faragher.
Magellan lodges $5 million lead shipment bond (0) September 21, 2009 Magellan Metals announced on Friday it had lodged a $5 million performance bond with the Western Australian Government.
WA bucks the trend (0) September 21, 2009 Western Australia’s mining and petroleum industries have recorded growth of 19% for the last financial year.
Confidence from new port deal (0) September 21, 2009 The long term export plan for the Newcastle coal terminal will give investors and coal producers more security and confidence in the future, Joe Tripodi’s office told MINING DAILY.
Cockatoo turning profits, and heads (0) September 21, 2009 Cockatoo Coal, a relatively small Queensland coal producer, is turning heads in the coal industry because of its ability to turn around a loss-making resource.
