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Joy Global Inc. announces fourth quarter and fiscal 2011 year-end operating results

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, today reported fourth quarter and full year fiscal 2011 results. Fourth quarter bookings increased 33 percent to $1.4 billion in fiscal 2011, compared to the fourth quarter of last year. Operating income increased 31 percent to $296 million on a revenue increase of 27 percent to $1.3 billion.

Australia moves towards new coal port

Australia edged closer to the creation of a new 10 billion Australian dollar (US$10.02 billion) port focused on exporting coal to Asia when the state of Queensland allocated land to units of Brookfield Asset Management Inc. BAM +2.16% and India's Adani Group for two terminals at Dudgeon Point on Wednesday.

Newmont Holds Media Workshop on Mining

Newmont Ghana Limited is holding a 2-day workshop for the media on mining, reports Peace FM Online.
The workshop brought together media practitioners within the Eastern Region and was among many other things aimed at equipping journalists and other media practitioners with adequate understanding of the legal, social and other attributes of mining. The two-day event was organized under the theme “Working towards an effective reportage on mining industry within the context of best mining practices and the minerals and mining Act 2006.”