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Saturday
29 November 2014
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   TODAY'S STORIES
 
DRYBLOWER 
Dryblower and the forces driving gold higher


IT’S been a long time since gold was one of the mining world’s top performers but upward price movement over the past few days has pleasantly surprised Dryblower – though the real challenge will be for gold to keep rising against some stiff headwinds.
Full Story...


MORE DRYBLOWER

Dryblower and the revival of uranium


Dryblower looks for iron ore survivors


Dryblower takes a gold reality check


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PREMIUM FEATURES 
Global Wrap: Ivanhoe, Newmont and more


IN Global Wrap: good and bad news for Friedland’s Ivanhoe; Newmont pays down debt; a win for a copper giant; and Eagle reaches commercial production.
Full Story...


MORE PREMIUM FEATURES

No silver lining


BHP’s copper plans


Discovering the undiscovered


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MINE SUPPLY TODAY 
Sedgman wins Alcoa contract


ALCOA has awarded resources sector services company Sedgman a $A59.8 million contract for the construction of a filtration plant at the company’s Kwinana aluminium refinery in Western Australia.
Full Story...


MORE MINE SUPPLY TODAY

Sirius selects contractors


Fisher contract in safe hands


Playing the productivity game


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PROFESSIONAL PLACEMENTS 
General Manager (Operations) – Qld Gold Project
  • Brownfields Gold Development Project
  • TSV / Cairns / Charters Towers Based
  • Great Conditions; New Mining Company

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PROJECT MANAGER
CIEMAS GOLD PROJECT. INDONESIA
Full Story...


General Manager - Operations
  • Greenfield International Project Development
  • Pivotal Leadership Role
  • Expatriate FIFO To Anywhere

Full Story...



MORE PROFESSIONAL PLACEMENTS

Superintendent Mine Geologist


General Manager – Aspermont Australia, Perth


Mitsubishi Chair in Sustainable Mining Practices


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MINE PRODUCTION TODAY 
News not good for Mount Gibson


MOUNT Gibson Iron says a further slump in the Main pit seawall at its Koolan Island mine has resulted in flooding, but the full impact on the operation and its workforce remains unclear.
Full Story...


Glencore to idle Australian coal mines for three weeks


IN AN unprecedented move to reduce coal oversupply, thermal coal giant Glencore will cease production from all of its Australian coal mines for three weeks in December.
Full Story...


Mount Gibson lowers guidance


MOUNT Gibson Iron has revised down its 2015 financial year sales guidance after it became clear that remediation of the Main pit at the Koolan Island mine would take longer than first thought.
Full Story...



MORE MINE PRODUCTION TODAY

October another strong month for FMG


Vale flags more mine closures


Quarterly Briefs: Austral, Finders and more


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MINE GEAR TODAY 
The 6020 emerges


FOR a bit of Las Vegas (albeit by way of Arizona) razzle dazzle it is hard to go past Caterpillar and when it comes to launching a shovel four years in the making, Big Yellow certainly pulled out all the stops.
Full Story...


Safer way to handle pipes, casings


A DRILLING and well servicer has partnered with an engineering house to develop a piece of drilling technology that could reduce the risk associated with handling drill pipe and casing.
Full Story...


Honey, I shrunk the wheel loader


MOST construction and mining workers love their big toys, be it a 400 tonne truck or a large construction wheel loader. So what happens when Lego decides to make a toy version of one of those toys?
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MORE MINE GEAR TODAY

Blow this


Gaining traction


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FINAL CALL 
Tough day for zinc


THE majority of zinc stocks moved lower today, in what was a tough day for all resource stocks, including oil. One of the steepest losses came from Terramin Australia, which fell 8.7% to A10.5c. Terramin is a partner in the Tala Hamza zinc project, Algeria, and it has the mothballed Angas zinc mine in South Australia.
Full Story...


MORE FINAL CALL

Gruelling AGM for KBL board


Brisbane Qld’s biggest ‘mining town’


Shareholders back Orbis strategy


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INVESTMENT 
Buy, Sell, Hold: BHP, Sheffield and Caravel


THE verdict on BHP’s Sydney strategy day and a look at explorers Sheffield and Caravel.
Full Story...


MORE INVESTMENT

Echo up again as mystery raider revealed


Cloudy outlook for miners


A1 to purchase Octagonal gold operation


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IPOs 
Altura plans spin-off


IRON ore and coal producer Altura Mining has announced plans to spin-off its coal assets into a new Singapore-listed vehicle.
Full Story...


MORE IPOs

Good first day for Emperor Range


Tian Poh debuts


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MINERAL EXPLORATION 
Sarama, Acacia ink partnership


PERTH-based Sarama Resources has attracted Acacia Mining – formerly African Barrick Gold – with the signing of an earn-in agreement worth up to $US15 million ($A17.6 million).
Full Story...


MORE MINERAL EXPLORATION

Echo up again as mystery raider revealed


Accelerated drilling paying off for Mincor


Kingsgate looks ahead after trauma


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MERGERS & ACQUISITIONS 
A1 to purchase Octagonal gold operation


A1 CONSOLIDATED Gold has announced plans to acquire Octagonal Resources’ Maldon gold project in Victoria for $A5.1 million in shares.
Full Story...


MORE MERGERS & ACQUISITIONS

Leyshon steels for tungsten bid


Less deals, better value


Guildford receives Sino takeover offer


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ENVIRONMENT 
Anglo shelves Moranbah South project


ANGLO American has finally received federal environmental approval to build its $A1.95 billion Moranbah South longwall project in Queensland but the mining house is in no rush to sanction development.
Full Story...


MORE ENVIRONMENT

BHP spin-off on track


NSW gives Warkworth green light


Rio iron ore mine approved


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Mining News Top 5


ASPERMONT Managing Editor Michael Cairnduff compiles the five most viewed stories on MiningNews.net to offer readers a brief of leading industry news from the past week.
Full Story...


Mount Gibson to stand down Koolan Island workforce


MOUNT Gibson Iron said it will stand down the majority of its 350-strong Koolan Island workforce in the wake of the flooding of the Main pit.
Full Story...


FMG slashes capex


IN THE wake of the iron ore price slump, Fortescue Metals Group has halved its 2015 financial year capital expenditure guidance through the deferral and scaling back of some projects.
Full Story...

   CURRENT FOCUS FEATURES

Drilling

Echo up again as mystery raider revealed

Accelerated drilling paying off for Mincor

Kingsgate looks ahead after trauma

Cassini unveils ‘world-class’ deposit

Oilfield tech could cut drilling costs

Discovering the undiscovered

Kasbah doubles Achmmach tin estimate

PYBAR gets big new rig

Duketon shares surge on drill results

Botswana jumps on nickel and copper exploration


  VIEW ALL STORIES on Drilling



   TODAY'S STORIES CONTINUED


Shareholders back Orbis strategy


ORBIS Gold shareholders have overwhelmingly approved a proposed $A20 million capital raising in the face of a takeover bid from Canada’s SEMAFO.
Full Story...


Mining Briefs: Watpac, Alcyone and more


TODAY in Mining Briefs: Watpac gets more work at Cockatoo Island; receivers appointed to Alcyone; Altona finalises sale; Merlin takeover terminated; TNG signs letter of intent; KDL boosted in Botswana; Cudeco sells first test shipment; and drilling results from Flinders, Rimfire and Cardinal.
Full Story...


ASX slides on oil losses


SHARES fell sharply today, but still managed to finish the week in positive ground.
Full Story...


Rio lifts Hunter reserve pool


RIO Tinto increased its managed thermal coal reserves in New South Wales’ Hunter Valley by 41% to 1.87 billion tonnes since last year.
Full Story...


Gruelling AGM for KBL board


KBL Mining’s key directors managed to scrape through a re-election vote today, despite 43% of shareholders voting against chairman Jim Wall.
Full Story...


Sarama, Acacia ink partnership


PERTH-based Sarama Resources has attracted Acacia Mining – formerly African Barrick Gold – with the signing of an earn-in agreement worth up to $US15 million ($A17.6 million).
Full Story...


Capital Watch: Australian Bauxite, Australia United and more


In Capital Watch: A new placement for Australian Bauxite; rights issues for Australia United Mining and Scotgold; Blackham update; and Orion funded.
Full Story...


Brisbane Qld’s biggest ‘mining town’


THE numbers are in, revealing Queensland’s minerals and energy sector contributed an estimated $77.6 billion to the state’s economy in 2013-14 – and it turns out Brisbane is its biggest “mining town”.
Full Story...


Sedgman wins Alcoa contract


ALCOA has awarded resources sector services company Sedgman a $A59.8 million contract for the construction of a filtration plant at the company’s Kwinana aluminium refinery in Western Australia.
Full Story...


Global Wrap: Ivanhoe, Newmont and more
Exclusively for Premium Subscribers


IN Global Wrap: good and bad news for Friedland’s Ivanhoe; Newmont pays down debt; a win for a copper giant; and Eagle reaches commercial production.
Full Story...


Rio defers Silvergrass decision


RIO Tinto has deferred an approval decision on its $US1 billion ($A1.2 billion) Silvergrass iron ore development and will meet its Pilbara targets via additional brownfields output, debottlenecking and productivity improvements.
Full Story...


More evidence needed on FIFO-mental health link: CME


PARLIAMENTARY inquiry calls for more evidence on link between the fly-in, fly-out (FIFO) lifestyle and mental health have been backed by the WA’s Chamber of Minerals and Energy (CME).
Full Story...


Rinehart, Finlayson bag leadership awards


ROY Hill Holdings chairman Gina Rinehart and chief financial officer Garry Korte, as well as Saracen Mineral Holdings managing director Raleigh Finlayson were the big winners at The CEO Magazine 2014 Executive of the Year Awards last night.
Full Story...


Buy, Sell, Hold: BHP, Sheffield and Caravel
Exclusively for Premium Subscribers


THE verdict on BHP’s Sydney strategy day and a look at explorers Sheffield and Caravel.
Full Story...


New study brings better numbers for Stockman


INDEPENDENCE Group has posted results from an optimisation study on its Stockman copper-zinc project in Victoria, with new work slashing costs and boosting the expected cashflow.
Full Story...


Gold hats warn of royalties rise


THE Gold Royalties Response Group (GRRG) brought a touch of colour to Western Australia’s parliament house yesterday in opposition to potential gold royalty increases.
Full Story...


Sirius’ ‘perfect timing’


THE development of the $A473 million Nova nickel project may seem like one of the surest things in the resources sector, but the board of Sirius Resources only gave it the formal go-ahead yesterday.
Full Story...


FMG denies closure rumours


FORTESCUE Metals Group has been forced to deny market rumours that it is closing down its Cloudbreak mine due to the falling iron ore price.
Full Story...




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