Australia's peak mining industry body has set the scene for a renewed debate on the mining tax, arguing the sector has not agreed to a minimum amount of revenue to be raised from the controversial scheme.
Gold futures rose for a third consecutive session this morning, overcoming pressure from a stronger US dollar as investors moved to the metal as a safe-harbour from political tensions over a potential oil embargo targeting Iran. The most actively trade...
OZ Minerals may recoup through insurance some of the losses from the up to 1200 tonnes of copper concentrate that disappeared into the Northern Territory's Edith River last week after a train derailed.
This year is shaping up well for commodities that dictate the share prices of the nation's miners, as unsustainably low steel production in China and a dearth of new copper production point to potential price gains for iron ore and copper.
Asciano today said it had agreed to a new 10-year deal to haul a combined 8.5 million tonnes of coal annually from two mines owned by Rio Tinto in Queensland.
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Call us old-fashioned, but it's good to see a battling junior get a break for a change. Back in the heady days of 2007, Syrah Resources (SYR) floated with a handful of early-stage exploration projects.
Source: The Australian THE introduction of new taxes and concerns about the global economic outlook will not slow mining investment in Australia, forecast to reach $80 billion a year by 2015, according to a report. Independent forecaster BIS Shrapnel s...
