After four years of delays and billions of dollars of budget blowouts CITIC Pacific has celebrated its first shipment of magnetite concentrate from its Sino Iron project in the Pilbara.
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Global uranium supply deficit bodes well for Wiluna project: Toro Energy
The company vying to develop Western Australia’s first uranium mine say uncertainty around the future supply of uranium places its Wiluna project in the perfect position to meet world energy demands.
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Record tonnages for Queensland’s coal ports
Good weather and a ramp up in production has seen a record amount of coal exported through Queensland ports.
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LNG spot price to rise as demand from China’s cold cities grows
Analysts predict winter gas shortages in northern China will continue until 2020, leading to increased demand for LNG and higher spot prices.
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Rio Tinto and Glencore in stoush over mine expansion plans
A turf war between Rio Tinto and Glencore is playing out in the Hunter Valley as Rio lodges an objection to a mine expansion by its neighbour.
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Enter Western Desert Resources – Australia’s newest iron ore miner
Western Desert Resources will export its first shipment of iron ore from its $172 million Roper Bar mine in the Northern Territory just two years after lodging its first project approval.
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Australian Mining Prospect Award Winners: Excellence in Environmental Management – NCIG and DuPont
For the implementation of an integrated dust management system at the Port of Newcastle, the Newcastle Coal Infrastructure Group and DuPont have taken out this year’s Excellence in Environmental Management award.
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King Island tungsten mine could reopen creating 90 new jobs
King Island Sheelite is working towards reopening its open cut tungsten mine, with 90 jobs set to be created if the operation resumes production.
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China increases investment in QCLNG project by $1.9bn
The China National Offshore Oil Corporation has increased its stake in the QCLNG project being constructed on Curtis Island after increasing its share in BG Group's Surat and Bowen Basin tenements to the tune of $1.9 billion.
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Mining boom continues as industry shifts phase
As the mining industry shifts from a construction phase into an era of production the resources sector will remain a strong driver of the Australian economy.
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POSCO offers $1.4bn collateral for Roy Hill project
Korean steel manufacturer POSCO has announced it will offer up its 12.5 per cent share in Roy Hill Holdings as collateral for the massive Pilbara iron ore project as moves to raise $7 billion in equity continue.
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Chevron pours cold water on Gorgon expansion
Chevron has confirmed the expansion of its Gorgon LNG project has been shelved until the total cost of firing up its three-train facility on Barrow Island is finalised.
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BHP dumps plans to develop T2 at Abbot Point
BHP Billiton has formally withdrawn from being the preferred developer of Terminal 2 at the Port of Abbot Point as the company also confirms it has pulled out of building a rail line linking the port with Bowen Basin mines.
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Stacker gantry installed at WICET stockyard
Wiggins Island Coal Expert Terminal is progressing closer to completion with the first stacker gantry lifted into place at the coal stockyard.
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NT iron ore project ships first load to China
A new iron ore mine in the Northern Territory shipped its first load to China yesterday for testing in steel mills.
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$5bn boost for North West Shelf
Woodside has extended the life of its North West Shelf LNG plant with a $5 billion upgrade to the North Rankin field.
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Rio completes first major port expansion at Cape Lambert
Rio Tinto has completed a major expansion at Cape Lambert which will help the miner’s Pilbara operations become the largest in Australia.
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Revival of coal demand coming: QRC
Queensland Resources Council chief Michael Roche says the global demand for coal is set to increase, with mines in the state well positioned take advantage of the swing.
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Ian Macfarlane tipped to be minister for mining, manufacturing
Prime Minister–elect Tony Abbott will name his front bench today, with Member for Groom Ian Macfarlane expected to be appointed as minister for both resources and industry.
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Freeport and Newmont face export ban despite MoU
Signing memoranda of understanding to supply concentrates to local smelters has not spared US-backed gold miners Freeport Indonesia and Newmont Nusa Tenggarra from next year’s export prohibition.
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