August 26, 2011
A proposed open-cast coal mine on West Coast conservation land has gained resource consents because of its economic benefits. West Coast Regional Council released the decision yesterday to grant consents…
August 25, 2011
Atlas has bucked the inflationary trend in Western Australia by meeting its cost targets on the way to a maiden profit of $169 million. The iron ore exporter kept production…
August 25, 2011
Rio Tinto has awarded two indigenous joint venture (JV) contracts, collectively worth $184m, for to its Hope Downs 4 mine site located in the Pilbara region of Western Australia.
August 25, 2011
Amid pressure from the Greens for the government to make the mining tax even harsher, the Prime Minister today urged Tony Abbott to force the mining industry to share the…
August 24, 2011
Eickhoff will give the Australian mining industry its first look at new developments it has incorporated into its SL shearer loader series for the country’s longwall market on Stand 3407-01/-02…
August 24, 2011
Shares of Minara Resources jumped 36% today on news of a takeover bid by Swiss-based commodities trader Glencore Resources. Glencore, which went public in May with an astonishing $11 billion…
August 24, 2011
Gloucester Coal has increased first-half profit by 67 per cent as three recent takeovers give the miner growth opportunities. The profit surge came despite a reduction in production due to…
August 24, 2011
BHP Billiton reported record annual results and beat analyst estimates in the process, after prices of copper, iron ore and coal reached all-time highs because of demand from China. Profit…
August 24, 2011
Macarthur Coal Ltd. has nearly doubled its full year profit and repeated its advice to shareholders to reject a takeover offer from U.S energy giant Peabody Energy Corp. and Luxembourg-based…
August 23, 2011
A bid to build a huge new underground goldmine beneath Waihi has sent shockwaves through the Hauraki township and could spark fresh protest action. Newmont Waihi Gold yesterday revealed plans…
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