Thursday
,
03 Jul 2008
Newcrest Mining announced Thursday it has completed its 4-million-plus ounce gold hedgebook closeout this year as originally planned.
Monday
,
30 Jun 2008
While not matching the record number of IPOs listing on the Australian Securities Exchange in 2006-07 the year-just-ending’s performance by Western Australian companies showed they had weathered the global credit crunch fairly well.
Monday
,
30 Jun 2008
Posco of South Korea has bought 10 percent of Australia’s MacArthur Coal joining Arcelor Mittal and CITIC as major shareholders in the company.
Monday
,
30 Jun 2008
Energy shortages are likely to lead to a shortfall in aluminium supply, and higher prices, over the next two years according to a UBS analysis.
Thursday
,
26 Jun 2008
The high hopes for a new gold project near Australia’s gold capital of Kalgoorlie received a strong boost Thursday when Integra Mining Ltd (ASX: IGR) announced a 60% resource increase at Salt Creek, to a contained 400,000 ounces.
Wednesday
,
25 Jun 2008
One of the great slumbering giants of Western Australia’s Pilbara, the Spinifex Ridge molybdenum project, has been given a big green light through an offtake agreement.
Tuesday
,
24 Jun 2008
The much vaunted marriage of the two companies holding Broken Hill’s famous Line of Lode in New South Wales – one of the world’s great zinc-lead-silver repositories -- has foundered despite having one partner still warm to the idea, but extremely upset.
Monday
,
23 Jun 2008
One of the aspiring bulk mineral producers in Western Australia’s Pilbara, Aurox Resources Ltd has found an important window for development of its Balla Balla magnetite project -- berthing capacity in Port Hedland.
Friday
,
20 Jun 2008
A BHP Billiton executive gave the firmest hint yet that the multi billion dollar blueprint to transform the world class Olympic Dam mine in South Australia into a massive open cut was, despite rising costs and a still-tight workforce, nearing the status of certainty.
Friday
,
20 Jun 2008
Rio Tinto has attacked a regulator’s proposals that other companies should be allowed to use its heavily utilised Pilbara rail lines to export iron ore.
Thursday
,
19 Jun 2008
Creation of the massive Olympic Dam pit will see mining of ore and waste involve removal of one million tonnes per day from this remote South Australian copper-uranium-gold mine and the State Premier says that by then this mine will surpass all of Canada’s uranium production.
Wednesday
,
18 Jun 2008
The cost of Rio Tinto’s latest plans to expand its Pilbara iron ore output to 320 million tonnes a year by 2012 has been approved.
Wednesday
,
18 Jun 2008
In the past two years Australia has broken some of the political shackles that have hogtied its enormous potential to develop more uranium mines. Now there’s a move to push for upgrading output from major mines to the next stage – UF6.
Tuesday
,
17 Jun 2008
The quaintly named Kangaroo Metals has expanded its focus from base and precious metals projects in north Queensland to mining tin in Tasmania.
Tuesday
,
17 Jun 2008
Major Australian zinc miner, CBH Resources, is to lay off one-third of its workforce at its main mining operation because of weak and declining prices.
Monday
,
16 Jun 2008
A technical review on processing options for the Abu Dabbab tantalite-tin project in Egypt will see seawater from the Red Sea now make up the major water requirement for mineral processing and save almost $US5 million per year.
Friday
,
13 Jun 2008
The historic Fairview phosphate mine and the old Robertstown copper mine near the copper mining camp of Burra Burra have been taken up as mineral licence applications by Archer Exploration.
Thursday
,
12 Jun 2008
The Australian listed company that tied its umbilical cord to the London-based Lonhro mining house is shedding South African assets to focus on the Lulo diamond project in Angola.
Thursday
,
12 Jun 2008
BHP Billiton’s big Kalgoorlie nickel refinery has been becoming unsafe to run and is being shut for rebuild for four months causing world nickel prices to move sharply upwards.
Wednesday
,
11 Jun 2008
BHP Billiton CEO Marius Kloppers reckons that Chinese capital will continue to be invested in Australian commodities producers and that it would be no surprise if this should include his company at some stage.
Wednesday
,
11 Jun 2008
The Chinese need for huge iron ore supplies from Australia has had a major impact on earnings in the remote Pilbara region of Western Australia.
Tuesday
,
10 Jun 2008
The junior end of the iron ore mine development plans in the Pilbara of Western Australia received a huge boost today when the State government said it would take submissions that may compel the dominant producers – BHP Billiton and Rio Tinto – to open up their railway lines to other users.
Monday
,
09 Jun 2008
Perth-based Avalon Minerals Ltd (ASX: AVI) has joined the ranks of Australian companies setting up mining operations in Scandinavia and is near the famous Swedish mining centre of Kiruna with its substantial infrastructure.
Sunday
,
08 Jun 2008
The Varanus Island gas explosion and subsequent loss of around 30 percent of the state's gas supplies is creating serious problems for the state's massive mining industry and will affect productivity and supply for months, rather than weeks.
Friday
,
06 Jun 2008
The dominant mining State of Western Australia has suffered its first serious energy supply crisis through a major explosion at the Varanus Island gas plant off the northwest coast and today it was made clear it may take several months to restore to normality.
Friday
,
06 Jun 2008
While the business media is focused on the ongoing manoeuvres by Chinese entities to become major shareholders in Australian explorers and miners or in their projects, Japan’s JOGMEC has taken a lower profile in its increasing involvement in the Australian resources scene.
