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Tuesday
23 December 2014
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   TODAY'S STORIES
 
DRYBLOWER 
Dryblower examines Africa’s gift to Australia


AFRICA Wins Again (AWA) is a cynical saying usually applied to west Africa where things often go wrong but as Dryblower was considering the latest developments in a continent with a habit of disappointing he thought it time to change the slogan to AWAFA.
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MORE DRYBLOWER

Dryblower on time for Rio Tinto to start fighting fire with fire


Dryblower spends a week listening to optimistic London money men


Dryblower on Orica’s vote of confidence in mining


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PREMIUM FEATURES 
Copper continues down rocky road


FOLLOWING on from a rocky 2013, copper fell again this year on the back of the continuing commodity price slump, though it wasn’t the worst performing base metal.
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MORE PREMIUM FEATURES

African year that was all about Ebola


Global Wrap: Rio, Vale, Turquoise Hill and more


Iron ore’s annus horribilis


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MINE SUPPLY TODAY 
Ausenco banks on copper-led recovery


AUSENCO CEO Zimi Meka says the outlook for his business is positive despite the challenging trading conditions for the engineering services sector over the past 12 months.
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MORE MINE SUPPLY TODAY

Downer pins fortunes on Galilee coal


Australia drags down Liebherr profit


Shares surge on Resource Equipment merger offer


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PROFESSIONAL PLACEMENTS 
Global Minerals Trade Manager
  • Significant Career Opportunity
  • Compelling Incentives
  • Location - Negotiable

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

Full Story...


PROJECT MANAGER
CIEMAS GOLD PROJECT. INDONESIA
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MORE PROFESSIONAL PLACEMENTS

General Manager - Operations


Superintendent Mine Geologist


General Manager – Aspermont Australia, Perth


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MINE PRODUCTION TODAY 
Anglo won’t increase iron ore output: Cutifani


ANGLO American CEO Mark Cutifani said the company would not look to grow iron ore production in the current market, but stopped short of criticising its competitors.
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Mount Gibson slumps on Koolan Island news


SHARES in Mount Gibson Iron halved this morning after the company announced it would put Koolan Island on care and maintenance, cut jobs and guidance and flagged impairments.
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Vale says $90/t iron ore price needed


VALE predicts that if the iron ore price remains at $US70 per tonne next year, 220 million tonnes of global capacity will become uncompetitive.
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MORE MINE PRODUCTION TODAY

Gold sector steady, despite price drop


News not good for Mount Gibson


Glencore to idle Australian coal mines for three weeks


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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.
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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.
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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


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FINAL CALL 
Base launches new takeover


BASE Resources has gained an extra $US20 million ($A24.6 million) in debt and launched a $A14.4 million takeover offer for Madagascar mineral sands developer Word Titanium Resources.
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MORE FINAL CALL

Iluka farms-in with Astro


Construction underway at MZI’s Keysbrook


UQ adapts to resources shift


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INVESTMENT 
Base launches new takeover


BASE Resources has gained an extra $US20 million ($A24.6 million) in debt and launched a $A14.4 million takeover offer for Madagascar mineral sands developer Word Titanium Resources.
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MORE INVESTMENT

Funding troubles continue for explorers


MNN’s Best of the Best 2014


Buy, Sell, Hold: Newcrest, Sirius and Duketon


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IPOs 
Jacana pulls IPO


SYRAH Resources spin-off Jacana Minerals has been forced to scrap its $A10 million initial public offering due to weak market conditions.
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MORE IPOs

Vale considering base metals spin-off


Gold consolidation drives Aussie mining deals


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MINERAL EXPLORATION 
Spitfire reveals manganese discovery


REVERSE circulation drilling at Spitfire Resources’ South Woodie Woodie project in Western Australia’s East Pilbara has revealed a new manganese discovery.
Full Story...


MORE MINERAL EXPLORATION

New discoveries for Metals X


Vimy boosts Mulga Rock uranium


Babel boosts Cassini


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MERGERS & ACQUISITIONS 
Base launches new takeover


BASE Resources has gained an extra $US20 million ($A24.6 million) in debt and launched a $A14.4 million takeover offer for Madagascar mineral sands developer Word Titanium Resources.
Full Story...


MORE MERGERS & ACQUISITIONS

IMX sells down nickel project


Doray gains control of Mutiny


Mitsui clinches Mozambique deal with Vale


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ENVIRONMENT 
UQ adapts to resources shift


THE University of Queensland has launched a new postgraduate coursework program for 2015 to help meet the changing professional training and development needs of the extractive resources sector.
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MORE ENVIRONMENT

New Acland gets Qld green light


NT, WA progress green tape reforms


PAC approves Glencore’s Bulga extension


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Base launches new takeover


BASE Resources has gained an extra $US20 million ($A24.6 million) in debt and launched a $A14.4 million takeover offer for Madagascar mineral sands developer Word Titanium Resources.
Full Story...


Iluka farms-in with Astro


ILUKA Resources has entered a farm-in and joint venture arrangement with a wholly owned subsidiary of Astro Resources for a tenement at its Governor Broome mineral sands project in southwest Western Australia.
Full Story...


Construction underway at MZI’s Keysbrook


CONSTRUCTION has started at MZI Resources’ flagship Keysbrook mineral sands project following the receipt of $US37.5 million funding from Resource Capital Fund.
Full Story...

   CURRENT FOCUS FEATURES

NICKEL

Sirius completes Nova financing

IMX sells down nickel project

Poseidon posts early plans for Lake Johnston

Panoramic launches buy-back

Glencore disappointed to miss out on Nickel West

Glencore to sell Cosmos

Stellar drilling result for Independence

First Babel results for Cassini

Poseidon moves forward at Lake Johnston

Duketon’s Nariz discovery


  VIEW ALL STORIES on NICKEL



   TODAY'S STORIES CONTINUED


UQ adapts to resources shift


THE University of Queensland has launched a new postgraduate coursework program for 2015 to help meet the changing professional training and development needs of the extractive resources sector.
Full Story...


Bad Santa and all I want for Christmas
Exclusively for Premium Subscribers


Santa has been bad to miners this year, but better times may be in store judged by a secret wish list of prominent WA rock-kicking identities uncovered by The Metal Detective in his festive in-tray.
Full Story...


Spitfire reveals manganese discovery


REVERSE circulation drilling at Spitfire Resources’ South Woodie Woodie project in Western Australia’s East Pilbara has revealed a new manganese discovery.
Full Story...


Funding troubles continue for explorers


THE number of cash-strapped juniors is growing, with more than half of Australia’s listed explorers lacking sufficient funds to make it through 2015, according to accounting firm BDO.
Full Story...


Copper continues down rocky road
Exclusively for Premium Subscribers


FOLLOWING on from a rocky 2013, copper fell again this year on the back of the continuing commodity price slump, though it wasn’t the worst performing base metal.
Full Story...


Pilbara Ports freezes prices


PILBARA Ports Authority (PPA) has frozen prices for its services at Port Hedland and Dampier at their current level until July 1, 2016, to assist struggling producers in the resource sector.
Full Story...


Govt predicts $63/t iron ore price


THE Australian Department of Industry is expecting the average iron ore price in 2015 to be 28% lower than 2014.
Full Story...


Metals fall back


LEADS for the local market are mixed today, with shares in the US and Europe up as metal prices move backwards.
Full Story...


News Wrap


IN THIS morning’s News Wrap: Weak coal market leaves Cobbora in NSW state hands; billions in planned LNG projects at risk; and iron ore price estimate cut 33%.
Full Story...


Santa rally continues


LOCAL shares kept climbing today, with mining and energy stocks again doing the heavy lifting.
Full Story...


Mining Briefs: Heron, Kidman and more


TODAY in Mining Briefs: Drilling from Heron, Renaissance and Xanadu; a Kidman legal update; Alumina’s refinery operating; Segue buys out JV; South Boulder plans open cut; Grande Cote on track and Wolf contracts lab work.
Full Story...


New discoveries for Metals X


DIVERSIFIED producer Metals X has reported two new base metals discoveries in the Northern Territory.
Full Story...


Rum Jungle scopes out Karinga options


RUM Jungle Resources is considering its financing options for further studies into the Karinga Lakes potash project after a scoping study supported the potential for future development at the site.
Full Story...


Iron ore, oil blamed for WA deficit


SEVERE falls in iron ore and oil prices has caused an “unprecedented” reduction in Western Australian government revenue.
Full Story...


New capital raisings for CuDeco


CuDeco has secured more than $A9 million of new share placements, with its major shareholder also committing to a new investment worth up to $30 million.
Full Story...


Newera doubles on zinc buy


SHARES in Newera Resources doubled today after the company announced a deal to acquire a high-grade zinc development in Mexico.
Full Story...


West African gets funding for Mankarga feasibility


WEST African Resources has finalised a $US5 million ($A6.14 million) loan from the Macquarie Bank to fund its work in Burkina Faso.
Full Story...


Cleveland eyes new expansion at Premier


SHARES in Cleveland Mining jumped almost 30% today after it announced plans to make a major expansion to the Premier gold mine in Brazil.
Full Story...




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