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Saturday
28 January 2012
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DRYBLOWER 

Dryblower wonders whether anyone will ever actually pay a cent in MRRT


WILL anyone ever pay Australia’s new Minerals Resource Rent Tax? That’s a question which might sound a bit odd, as the tax is planned to start on July 1.
Full Story...


MORE DRYBLOWER

Dryblower discovers black cygnets before they become black swans


Dryblower and the importance of learning to live with change


Dryblower on 2012, the year of the great cash drought


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PREMIUM FEATURES 
Buy, Sell, Hold: Western Areas, Grange and Newcrest


THIS week, brokers run the ruler over gold giant Newcrest, magnetite producer Grange and nickel miner Western Areas in the wake of quarterly production results.
Full Story...


MORE PREMIUM FEATURES

The world is not enough


An absolute shipload


Motor manager


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MINE SUPPLY TODAY 
Bumper of a half-year


ENGINEERING services company Monadelphous has had a healthy start to the 2012 financial year, increasing its first-half revenue guidance to nearly $A870 million.
Full Story...


MORE MINE SUPPLY TODAY

Sino calls in CIA


An absolute shipload


Rio upgrades fuel assets


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PROFESSIONAL PLACEMENTS 
Business Development Manager

  • World Class Engineering and Project Delivery Company
  • Challenging and Rewarding Work Environment
  • Professional Development Opportunities

Full Story...


Group Geology Manager

  • West African Gold Focus
  • Perth Based With International Travel
  • Newly Created, Strategic Role

  • Full Story...


    Mining Services - Project Manager

    Our client is one of Australia’s leading and most diverse national contractors, with over 50 years of experience delivering works in building, roads, rail, water, mining services, tunnels, bridges, energy and telecommunications. On the behalf of their Mining Services Division we are currently seeking expressions of interest from suitably qualified and experienced Mining Engineers for the role of Project Manager for their Open Pit Iron Ore mining contracts in South Australia
    Full Story...



    MORE PROFESSIONAL PLACEMENTS

    Geospatial Officer (GIS), Mid-Tier Miner – Queensland


    Environmental and Heritage Coordinator


    Mine General Manager


    VIEW ALL STORIES

    MINE PRODUCTION TODAY 
    Saracen downgrades quarterly guidance


    GOLD producer Saracen Mineral Holdings has been forced to lower its quarterly production guidance due to the removal of open pit ore from Whirling Dervish and a delay in processing Red October underground ore in Western Australia.
    Full Story...


    Aquila enters 2012 upbeat on the back of strong coal sales


    AQUILA Resources’ Isaac Plains mine has bounced back from long-running production interruptions triggered by disagreements with the mine’s joint venture partner Vale, with coal sales for the mine jumping to 352,780 tonnes during the December 2011 quarter.
    Full Story...


    Crocodile to increase output


    TORONTO-based Crocodile Gold has tipped production from its Northern Territory mines to increase to 75,000-85,000 ounces of gold this year.
    Full Story...



    MORE MINE PRODUCTION TODAY

    Gloucester feels brunt of weakened coking coal demand


    Cliffs falls behind


    New twist in Anglo and Codelco dispute


    VIEW ALL STORIES

    MINE GEAR TODAY 
    Rocky road ahead for equipment sales


    DESPITE the amount of imported mining and construction equipment surpassing pre-global financial crisis levels in the middle of 2011, Australia’s largest freight forwarder has warned industry to expect a rocky year ahead.
    Full Story...


    Mining, flood rebuilding drives equipment sales


    THE Australian mining and construction equipment market grew strongly last year driven by demand from the mining sector and the natural disasters in the early part of 2011 and is expected to show further solid gains during 2012, according to an industry group.
    Full Story...


    Rio adds more robots


    RIO Tinto is to become the owner of the world’s largest driverless truck fleet after it signed a deal with Komatsu to buy at least 150 930E trucks with autonomous operating systems.
    Full Story...



    FINAL CALL 
    Stocks close up


    AUSSIE stocks closed the week higher, buoyed by positive news from the US and optimism regarding the Greek debt crisis.
    Full Story...


    MORE FINAL CALL

    Gold gains its shine


    Saracen downgrades quarterly guidance


    Executive Outcomes: Brockman, Sherwin and more


    VIEW ALL STORIES

    INVESTMENT 
    Buy, Sell, Hold: Western Areas, Grange and Newcrest


    THIS week, brokers run the ruler over gold giant Newcrest, magnetite producer Grange and nickel miner Western Areas in the wake of quarterly production results.
    Full Story...


    MORE INVESTMENT

    Namibian expands footprint


    Rio moves to control Ivanhoe


    BHP outer harbour green-lighted


    VIEW ALL STORIES

    IPOs 
    Cashed-up Taruga ready to chase African gold


    GOLD explorer Taruga’s initial public offering will close oversubscribed today and the company says it is keen to finalise a listing within a week and get to work on its west African prospects.
    Full Story...


    MORE IPOs

    Garrison connection boosts Highfield IPO


    Red Gum debuts underwater


    Big pre-IPO boost for Cuesta


    VIEW ALL STORIES

    MINERAL EXPLORATION 
    New resource confirms Tampakan world-class status


    A REVISED and upgraded resource has further confirmed the status of the Tampakan project in the Philippines as one of the world’s most significant undeveloped copper-gold assets but a question mark still remains over its development pending clarification of an open pit mining ban.
    Full Story...


    MORE MINERAL EXPLORATION

    Coming up Rosie


    Copper hits drive sentiment


    Copper hits excite investors


    VIEW ALL STORIES

    MERGERS & ACQUISITIONS 
    Silver Lake moves on Phillips River


    WITH the aim of establishing a third Western Australian gold mining centre, Silver Lake Resources will acquire Phillips River Mining in a friendly all-scrip transaction worth around $A20 million.
    Full Story...


    MORE MERGERS & ACQUISITIONS

    Meridien gets gold fever


    Tanzanian juniors announce merger


    African Iron bid a win-win for Cape Lambert


    VIEW ALL STORIES

    ENVIRONMENT 
    BHP outer harbour green-lighted


    WESTERN Australia’s Environmental Protection Authority has recommended the approval of BHP Billiton Iron Ore’s outer harbour development at Port Hedland.
    Full Story...


    MORE ENVIRONMENT

    Ramu back in the firing line


    Hot times for solar


    Port Hedland on clean-up duty


    VIEW ALL STORIES



     


    Stocks close up


    AUSSIE stocks closed the week higher, buoyed by positive news from the US and optimism regarding the Greek debt crisis.
    Full Story...


    Saracen downgrades quarterly guidance


    GOLD producer Saracen Mineral Holdings has been forced to lower its quarterly production guidance due to the removal of open pit ore from Whirling Dervish and a delay in processing Red October underground ore in Western Australia.
    Full Story...


    Capital Watch: Robust, Fortis and more


    BASE metals explorer Robust Resources has issued 5.3 million shares at $A1.40 each to Droxford International for $7.5 million.
    Full Story...

       CURRENT FOCUS FEATURES

    IPO 2012

    Cashed-up Taruga ready to chase African gold

    Red Gum debuts underwater

    Garrison connection boosts Highfield IPO

    Another junior in board stoush

    Australian investment in Mongolia to surge

    Big pre-IPO boost for Cuesta

    Softly, softly

    2011 IPOs still call Australia home

    Resources IPOs in backlog

    More listings, fewer returns


      VIEW ALL STORIES on IPO 2012



       TODAY'S STORIES CONTINUED


    Aquila enters 2012 upbeat on the back of strong coal sales


    AQUILA Resources’ Isaac Plains mine has bounced back from long-running production interruptions triggered by disagreements with the mine’s joint venture partner Vale, with coal sales for the mine jumping to 352,780 tonnes during the December 2011 quarter.
    Full Story...


    Executive Outcomes: Brockman, Sherwin and more


    AQUILA Resources iron ore general manager Russell Tipper has jumped ship to join Brockman Resources as chief executive officer.
    Full Story...


    New modelling boosts INCA grades


    A 20% jump in grade at the INCA deposit in Namibia has reinforced its importance to the future of Deep Yellow’s flagship Omahola uranium property but further drilling is required to fully define the extent of high-grade numbers at depth.
    Full Story...


    Mining Briefs: Phillips River, LionGold, Astron and more


    NEW projects for Volta and extra tenements for Phillips River, a takeover extension for LionGold, a proposed redomiciliation for Astron and exploration updates for Gold Anomaly and Western Desert are the Mining Briefs highlights.
    Full Story...


    Crocodile to increase output


    TORONTO-based Crocodile Gold has tipped production from its Northern Territory mines to increase to 75,000-85,000 ounces of gold this year.
    Full Story...


    Rocky road ahead for equipment sales


    DESPITE the amount of imported mining and construction equipment surpassing pre-global financial crisis levels in the middle of 2011, Australia’s largest freight forwarder has warned industry to expect a rocky year ahead.
    Full Story...


    Miners on cyclone watch


    PILBARA miners are again on cyclone watch as tropical cyclone Iggy brews off the northwest coast.
    Full Story...


    Buy, Sell, Hold: Western Areas, Grange and Newcrest
    Exclusively for Premium Subscribers


    THIS week, brokers run the ruler over gold giant Newcrest, magnetite producer Grange and nickel miner Western Areas in the wake of quarterly production results.
    Full Story...


    Gloucester feels brunt of weakened coking coal demand


    GLOUCESTER Coal boosted its coal production in the December quarter but admitted its sales volumes were below expectation as a result of reduced overseas demand for semi hard coking coal.
    Full Story...


    WA going strong: report


    THE Western Australian resource sector is helping stabilise the economy and keep unemployment down, according to a report by the Chamber of Minerals and Energy of Western Australia.
    Full Story...


    New resource confirms Tampakan world-class status


    A REVISED and upgraded resource has further confirmed the status of the Tampakan project in the Philippines as one of the world’s most significant undeveloped copper-gold assets but a question mark still remains over its development pending clarification of an open pit mining ban.
    Full Story...


    A pint with: Chris Start
    Exclusively for Premium Subscribers


    METALLURGICAL engineer Chris Start has staked out his career in the mining industry, leaving his mark on sites around the world. Now the managing director of Kingrose Mining, Start spoke to MiningNewsPremium.net about his plans for the gold producer.
    Full Story...


    Cliffs falls behind


    CLEVELAND-based Cliffs Natural Resources has posted its expected full-year results, with Western Australian iron ore production lower than expected with higher costs.
    Full Story...


    New twist in Anglo and Codelco dispute


    THE fight for a multi-billion stake in Anglo American’s Chilean subsidiary AA Sur and its prized Los Bronces copper asset, the world’s fifth-largest copper mine, has taken a new twist.
    Full Story...


    Coming up Rosie


    A MAIDEN resource containing 29,800 tonnes of nickel has been defined at the Rosie deposit in Western Australia by joint venture partners Independence Group and South Boulder Mines.
    Full Story...


    Bronzewing not quite cashflow positive


    NAVIGATOR Resources’ Bronzewing mine underperformed in the December quarter, though a strong performance last month bodes well for the coming quarter.
    Full Story...


    Shiyela shows potential


    DEEP Yellow’s Shiyela iron ore project in Namibia is shaping up as a viable development opportunity after the company revealed the results of a scoping study.
    Full Story...


    Metals soar as US stocks drop


    AFTER a positive session on Wednesday, Wall Street stocks fell overnight after the release of some weak economic data, while base metals in London surged.
    Full Story...





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