The owner of the Honeymoon Well uranium mine in South Australia is set to be purchased by its major Russian shareholder.
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Broken Hill miner Perilya set for Chinese buyout
The owner of Broken Hill’s silver, lead and zinc mine is set to be purchased by its major Chinese shareholder in a deal worth $269.3 million.
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Mining’s future: Industry leaders discuss the sector’s concerns @ AIMEX13
As the mining industry gathers to see the latest technological developments and equipment at AIMEX, a group of some of mining's best-known voices chaired a panel to address the sector's major issues.
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$18 million expansion planned for Wilpinjong coal mine
Peabody Energy is seeking to expand its Wilpinjong coal mine north-east of Mudgee in order to extract a further three millions tonnes of coal from the open-cut project.
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Mining investor sells iron ore stake
Investment firm BlackRock sold down about $60 million worth of iron ore stocks last Thursday, particularly from Fortescue Metals and Atlas Iron.
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Shell talk up benefits of FLNG
Shell say their Prelude floating LNG project is recruiting on an Australian-first principal, and expect to employ around 1000 people.
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China wants to send more workers to build mines
The China Mining Association has called on the Australian government to let more Chinese workers into the country in order to fast-track the construction of mining projects.
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BHP warns Australian resources at risk as competition grows
BHP boss Andrew Mackenzie said demand for Australian resources will continue, but warned the nation will lose its competitive edge if workplace relations, tax regimes, and red tape are not fixed.
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Gas and oil sector launch ad blitz for better policies
The gas and oil industry have launched an advertising blitz and are calling on the public to sign a petition to lobby the government for better policies.
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Major capital raising for Galaxy resources
Embattled lithium miner Galaxy Resources has raised the $12 million needed to close its capital funding push after shareholders pitched in with a $5 million lifeline.
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Santos revenue spikes on higher gas prices
Despite lowering full-year production estimates Santos have recorded an eight per cent hike in revenue for the June quarter.
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Illawarra coal miner extends trading halt
Gujarat NRE Coking Coal shares remain in a trading halt after three weeks as the company has again asked for an extension.
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Kalgoorlie’s Superpit operator reviews costs
The company which operates the Kalgoorlie-Boulder Superpit has announced low gold prices and high production costs have forced them to run cost reviews in order to keep the mine viable.
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Allmine Group goes under as downturn takes hold
The downturn in mining is claiming more victims with the collapse of Allmine Group.
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Tinkler sells stake in Whitehaven for $300m
Nathan Tinkler has sold around half his stake in Whitehaven Coal for $300 million, a move that has seen him lose his place as the largest shareholder in the company.
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Sluggish uranium prices put pressure on industry
With uranium prices hitting a four-year low last week, analysts predict a resurgence of the rare earth is not expected for 12 months.
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Greens lobby Future Fund to stop investing in coal
The Greens have started a campaign to lobby the Future Fund to stop investing in coal companies.
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Western Australia close to recession: economist
A leading economist has warned that Western Australia is close to a recession as unemployment in the state continues to rise.
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Australian miners could invest $150b in Latin America
Foreign Affairs Minister Bob Carr said Australian mining companies could invest $150 billion in Latin America over the next decade.
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$150b LNG boom at risk due to high costs
The LNG industry has warned $150 billion dollars worth of investment in Australia could be lost if the high cost of building major projects is not fixed within eighteen months.
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