June 28, 2011

Rio Tinto happy with Australian project budgets

Rio Tinto is comfortable with the company's multibillion-dollar project budgets in Australia, where labour, input and services costs were all increasing, Chief Executive Tom Albanese said on Tuesday. "I'm comfortable…

June 28, 2011

Murchison in talks for funding help on Australia iron ore port

The proposed Oakajee iron ore port and rail project in Australia, which last week faced the loss of a key customer, may have hit another snag, with one the two…

June 28, 2011

Australia’s carbon tax debate ongoing

Controversy over Australia's carbon tax plan has heated up after Prime Minister Julia Gillard promised extra compensation for the country's lowest income households to offset energy price rises resulting from…

June 28, 2011

Tata Steel to use Riversdale cash to fund India capacity expansion

Tata Steel Ltd will use the $1.12 billion ('5,030 crore) it earned from the sale of its 26.3% stake in Australia's Riversdale Mining Ltd to fund the expansion of its…

June 27, 2011

Murchison in talks for Australia iron ore port funding

The proposed Oakajee iron ore port and rail project in Australia, which last week faced the loss of a key customer, may have hit another snag, with one the two…

June 27, 2011

Minerals Technologies’ Ferrotron unit announces revolutionary new laser-scanning technology for use in worldwide steel industry

Minerals Technologies announced today that its Ferrotron Division of subsidiary Minteq International Inc., has released the LaCam-Torpedo measuring system, a revolutionary way to measure refractory lining thickness in hot torpedo…

June 27, 2011

The wandering workforce: why FIFO is the best model for our mining sector

One of the most debated issues in regional Australia today is the mining industry practice of fly-in-fly-out operations. It is a particularly interesting issue in Western Australia because there was…

June 27, 2011

Why investors shouldn’t ignore the steel industry

While most investors are focused on precious metals, I prefer to look for investment opportunities in markets less traveled. Sure, precious metals are still wildly popular – or not popular…

June 27, 2011

Chinese miners plunge as reverse-listing contagion spreads

Iron, zinc and coal miner China Natural Resources shed 20% of its value on the Nasdaq stock exchange in morning trade on Monday in the absence of any fresh news…

June 27, 2011

Jupiter starts WA magnetite study, S Africa project ‘on track’

ASX-listed explorer Jupiter Mines has started a feasibility study on its A$1.6-billion Mount Ida magnetite project, in Western Australia, the company said on Monday. The feasibility study would be based…