The Australian Taxation Office has cut more than 70 per cent of staff from the resource rent tax area.
Global macroeconomy tops the list of resource sector CEOs concerns, according to the Queensland Resources Council’s CEO Sentiment Index.
Iron ore has steadily rebuilt on price over the last two weeks, in the wake of an 8 per cent drop that left miners quaking in their steel-capped boots.
Mining industry professionals from all levels have flocked to the Central Queensland Industry and Resources Expo in Rockhampton today.
Gold prices are looking set to crack the $US1400 mark yet again, with surges over the last three weeks leading to a finish of $US1385 per ounce last week.
Ram Resources has formed a new relationship in the Pilbara, and allowed Newcrest Operations Limited to acquire options over two of their tenements in the Pilbara near the Telfer gold-copper mine.
Despite doom and gloom forecasts throughout the market, OTOC Australia has posted a booming half year report.
Glencore says the development of Berth 8 at the Port of Townsville has injected more than $20 million into the North Queensland economy.
A leading professor of economics says if Australia didn’t have such a rich reserve of resources the nation would be the poor white trash of Asia.
Environment Minister Greg Hunt said Antarctica should not be a place of mineral exploitation, stating it was critical for Australia to protect the southern continent from resource exploration.
Scania introduces a new turnkey tipper-and-dog configuration for the resources industry.
The Federal Opposition disclosed a variety of resources and energy policies yesterday, including pushing gas and oil companies to “use it or lose it” to hang on to offshore leases.
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.
The Northern Territory has approved a new $8 billion ilmenite mine that is expected to be exporting ore within a month.
Rio Tinto will expand its iron ore operations in the Pilbara with a $3 billion dollar investment set to create more than 2000 jobs in the region.
Liberal Party Member for Bass Ken Smith is backing a push from the local council to stop all coal and gas exploration in the region.
A recent survey has shown more than 60% of miners have not made any preparations for the upcoming mining tax.
Queensland premier Anna Bligh has promised $300 million over three years to make mining towns more ‘livable’.
A new report by Surbiton Associates into the current gold market has slammed the Greens’ stance on the industry amid its calls to include the metal under the mining tax.