November 21, 2011

White Energy bleeds as partner bails out

White Energy shares were pushed to new lows on Monday as it disclosed the rupture of negotiations with its Indonesian joint partner, exposing it to a $100 million loss on…

November 20, 2011

Marmota Energy – Maiden Inferred Resource at Saffron Deposit on Junction Dam Uranium Project

Marmota Energy Limited (ASX: MEU) is pleased to announce an initial resource estimate of 4.36 million tonnes (Mt) U3O8 for its Saffron deposit, one of four prospects identified by the…

November 18, 2011

Australia’s Gryphon advances gold discovery in Burkina Faso

Active Australian gold explorer, Gryphon, today announced significant new drilling results at its Samavogo prospect. Gryphon Minerals Ltd (ASX: GRY indicated today that the latest drilling could enhance the already-established…

November 18, 2011

Minmetals extends Golden Grove’s mine life to 2019

The company plans to exploit an open pit deposit above its Golden Grove underground copper mine in Australia to extend the life of the operation by two more years. An…

November 18, 2011

Western Areas starts new nickel mine ahead of schedule

Western Areas' Spotted Quoll underground mine in Australia delivered its first nickel ore on Friday, two months ahead of schedule. Western Areas, Australia's third-largest nickel producer, said on Friday a…

November 18, 2011

Fortescue invests in new 14-strong Vermeer surface miner fleet

Vermeer Corporation and subsidiary Vermeer Western Australia and Northern Territory have announced that Fortescue Metals Group has agreed to purchase 14 Vermeer Terrain Leveler surface excavation machines (SEMs) to be…

November 18, 2011

New power station for BHP Billiton’s Western Australia iron ore

BHP Billiton has approved development of its Yarnima Power Station to secure future power supply for its Western Australia Iron Ore mining operations in the Pilbara. BHP Billiton will build,…

November 17, 2011

Vermeer accepts large order from Fortescue

Vermeer Corporation and Vermeer Western Australia and Northern Territory are pleased to announce that Fortescue Metals Group of East Perth, Australia, has agreed to purchase 14 Vermeer® Terrain Leveler® surface…

November 17, 2011

Lifting ban on uranium exports to India will benefit Aussie miners: legal firm

Australian legal firm Minter Ellison predicts that lifting the ban on Australian uranium exports could present significant opportunities for mining companies in Australia, as Indian and other foreign state-owned enterprises…

November 17, 2011

BHP to consider India uranium sales

BHP Billiton says it will review its position on selling uranium to India if the Federal Government reverses its ban on sales to India.