Australia’s only graphite mine is set to reopen with Valence Industries today listing on the ASX in preparation for the restart of Uley mine. Read More
Mining contractor NRW Holdings announced a profit slump and said it has lost more than 2300 employees over the last year as a result of the mining slump and contract termination. Read More
As the list of shelved and postponed mining projects grows and miners shift focus from construction to production phases a total of $12 billion has been wiped off the value of Australian listed mining service companies in six months. Read More
Troubled gold miner Newcrest is reassessing its disclosure practices after it was revealed the miner carried out an analyst briefing causing the company to downgrade its valuation weeks before others had knowledge. Read More
The scope of Australia’s corporate watchdog’s investigations into gold miner Newcrest are expected to widen after claims the miner conducted an analyst briefing resulting in her downgrade of the company’s valuation weeks before others were brought into the loop. Read More
The Australian Stock Exchanged yesterday closed at a five year high on the back of higher than expected Chinese trade data which rallied mining stocks. Read More
Stanmore Coal has announced plans for an $869 million underground longwall mine in Queensland with first coal expected to hit the market in 2017. Read More
The ASX says it will push ahead with controversial new changes to disclosure rules for mining companies after receiving positive feedback from the industry. Read More