According to BC Iron’s managing director, iron ore prices will remain above $US100 a tonne for the next two years, with the expected cash cow to come off the back of stabilised prices labelled as “money for jam”.
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Paladin Energy to cut jobs and expenditure
Perth-based uranium miner Paladin Energy has announced more job and pay cuts to come in response to sluggish uranium prices.
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Mining downturn grounds FIFO aviation
Regional aviation that was boosted by fly-in, fly-out mine workers has slowed down as commodity prices dip.
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Uranium revival approaching
Delegates at this year’s Australian Uranium Conference say that despite the tough ride the metal has seen in recent years, a boom in price is imminent as world energy demands increase.
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Deep Yellow slashes jobs, cuts pay
Uranium exploration company Deep Yellow has cut jobs and reduced salaries by five per cent as it ramps up steps to reduce overhead costs, blaming the move on the weakness in the uranium sector.
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The world’s first floating LNG plant taking shape: Shell
Shell said the development of the world’s first ever floating LNG project is taking shape, with the company confident production will begin in 2016.
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Sandvik celebrates the sale of its 100th DR500 Series Drill Rig
Sandvik Mining threw open the doors to its customers at its Perth facility last month as the company celebrated the sale of its 100th DR500 series drill rig to Macmahon.
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FIFO-only apartments planned for Perth
A $16 million riverside apartment complex catering exclusively to FIFO miners has been proposed for Perth.
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Calls for a new runway at Perth Airport
Qantas chief Alan Joyce agrees that Perth Airport needs a third runaway, saying congestion and longer taxiing times were a major problem.
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Australian Mining’s Safety Conference
Our inaugural safety conference is designed to help you work safer.
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Rio ships first coal from Mozambique; beings construction at Perth Airport
Rio Tinto has announced its first shipment of coal from its Benga mine in Mozambique as construction begins on third building at Perth Airport.
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