HOME ABOUT US ADVERTISE PREMIUM SUBSCRIBE KNOWLEDGE BASE HELP CONTACT VIDEO SURVEYS  
Sunday
19 May 2013
Make MNN my HomePage 
 
   TODAY'S STORIES
 
DRYBLOWER 

Dryblower on the return of the boom (perhaps)
(Monday, 13 May 2013)

THE boom is back! Well, not really but if you had been asleep for a while then Dryblower might be able to convince you that the Australian mining industry is enjoying boom conditions because that’s what you call a week when the mining component of the stock market rises by almost 10%.
Full Story...


MORE DRYBLOWER

Dryblower explores the link which puts Forrest and Palmer in the same boat


Dryblower and the power in the “oilman’s lament”


Dryblower and the death of confidence in the gold world


VIEW ALL STORIES

PREMIUM FEATURES 
Global Wrap: General Moly, Lonmin and more
(Friday, 17 May 2013)

IN Global Wrap this week: Hanlong calls off another deal; more strike action for Lonmin; Anglo Platinum provides restructuring update; new mine for Cameco; and a record quarter for Centamin.
Full Story...


MORE PREMIUM FEATURES

Island of the green giant


Productivity pain


Dieback, alumina and forests


VIEW ALL STORIES

South America Feature
MINE SUPPLY TODAY 
Forge wins Dugald River work
(Friday, 17 May 2013)

FORGE Group has been awarded the $A290 million engineering, procurement and construction contract for MMG’s $1.5 billion Dugald River project in Queensland.
Full Story...


MORE MINE SUPPLY TODAY

Worley faces earnings freeze


Mining downturn leads to contractor downgrades


Barminco refinances $485M debt


VIEW ALL STORIES


MINE PRODUCTION TODAY 
Growth quarter for Crocodile
(Thursday, 16 May 2013)

CANADA’S Crocodile Gold Corporation has announced an operating cash flow of $US17.6 million ($A17.7 million) for the three months to March 31.
Full Story...


Slimmer margin for Endeavour on lower gold price
(Wednesday, 15 May 2013)

ENDEAVOUR Mining has flagged a profit margin plunge of more than 20% this year due to the fall in gold price.
Full Story...


AngloGold boosts earnings sixfold
(Tuesday, 14 May 2013)

ANGLOGOLD Ashanti has bounced back from last year’s crippling strike action in South Africa to post a strong March quarter of production, costs and earnings.
Full Story...



MORE MINE PRODUCTION TODAY

Copper production higher for Glencore Xstrata


IMX sets full year forecast


First Quantum lowers Ravensthorpe costs


VIEW ALL STORIES

MINE GEAR TODAY 
Rio moves 100Mt with driverless trucks
(Wednesday, 24 April 2013)

RIO Tinto marked a milestone in its high-tech Mine of the Future program, after moving 100 million tonnes of material using autonomous haul trucks in Western Australia’s Pilbara region.
Full Story...


Howard backs new trucks
(Thursday, 7 March 2013)

FORMER Australian prime minister John Howard was on hand to help Belarusian Autoworks (BelAZ) launch its mining dump trucks in Australia recently. Vetti Kakulas was in New South Wales for the arrival.
Full Story...



FINAL CALL 
Miners firm up
(Friday, 17 May 2013)

A MINERS’ rebound led Australian stocks higher today as the Australian dollar continued its fall and commodity prices warbled.
Full Story...


MORE FINAL CALL

Copper simmers


Warkworth could lead country to ruin


Apex seals the deal, but at a lower price


VIEW ALL STORIES

INVESTMENT 
Apex seals the deal, but at a lower price
(Friday, 17 May 2013)

THE sale of Apex Minerals’ Youanmi gold project will go ahead after the signing of final documents, but the final price of $A5 million is $10m lower than previously announced.
Full Story...


MORE INVESTMENT

Friedland invests in Clean TeQ


Immediate investment drop-off refuted


Macro gloom bears on WA projects


VIEW ALL STORIES

IPOs 
Austral float falls short
(Friday, 3 May 2013)

MADAGASCAR-focused zircon hopeful Austral Resources has withdrawn its initial public offer, citing adverse market conditions in a failure to raise a minimum subscription of $A3.5 million.
Full Story...


MORE IPOs

Laramide completes ASX listing


VIEW ALL STORIES

MINERAL EXPLORATION 
Sandfire boosts DeGrussa
(Thursday, 16 May 2013)

COPPER producer Sandfire Resources has announced a resource upgrade for its DeGrussa operation in Western Australia, adding 64,000 tonnes of copper and 93,000 ounces of gold.
Full Story...


MORE MINERAL EXPLORATION

OZ heads to Canada


Beament calls for gold reinvention


Pegasus soars again on high-grade hits


VIEW ALL STORIES

MERGERS & ACQUISITIONS 
Ausenco acquires Aussie company
(Tuesday, 14 May 2013)

ENGINEERING firm Ausenco says is ready to meet the changing market – through its acquisition of The Rylson Group – as the resources and energy industry shifts focus from capital-intensive greenfield projects to getting the most out of existing operations.
Full Story...


MORE MERGERS & ACQUISITIONS

M&As activity retreats as sentiment rebounds


Jaguar up on Colombian deal


Stonewall surges on potential sale


VIEW ALL STORIES

ENVIRONMENT 
Warkworth could lead country to ruin
(Friday, 17 May 2013)

BAD government comes in many forms – as seen this week in the Australian government’s admission that its budget is in tatters –but for the worst example, Hogsback suggests a close look at the Warkworth coal situation because it is a case that may eventually bankrupt the country.
Full Story...


MORE ENVIRONMENT

Friedland invests in Clean TeQ


Green light for Anketell


Riley venture gets Tas EPA tick


VIEW ALL STORIES



 


Miners firm up
(Friday, 17 May 2013)

A MINERS’ rebound led Australian stocks higher today as the Australian dollar continued its fall and commodity prices warbled.
Full Story...


Mining Briefs: Venturex, Montezuma and more
(Friday, 17 May 2013)

IN Mining Briefs today: drilling results for Venturex; RNI extends option for Peak Hill; Ferrowest moves ahead with new project; Lundin increases stake in Chile JV; and Centrex defines an exploration target for Kimba Gap.
Full Story...


Apex seals the deal, but at a lower price
(Friday, 17 May 2013)

THE sale of Apex Minerals’ Youanmi gold project will go ahead after the signing of final documents, but the final price of $A5 million is $10m lower than previously announced.
Full Story...

   CURRENT FOCUS FEATURES

SOUTH AND LATIN AMERICA 2013

Azure advances Promontorio

Barrick renegotiates Pueblo Viejo agreement

Bonanza hit for Orinoco

Explorer takes Bolivian government to court over nationalisation

Jaguar up on Colombian deal

Admirality outlines Mariposa feasibility

BC Iron, Cleveland ink first Brazilian deal

SKM wins Collahuasi work

High-grade hits at Duckhead




   TODAY'S STORIES CONTINUED


Forge wins Dugald River work
(Friday, 17 May 2013)

FORGE Group has been awarded the $A290 million engineering, procurement and construction contract for MMG’s $1.5 billion Dugald River project in Queensland.
Full Story...


OceanaGold puts Didipio in business
(Friday, 17 May 2013)

OCEANAGOLD has declared commercial production at its Didipio mine in the Philippines less than a month after announcing the operation’s first shipment of copper-gold concentrate.
Full Story...


Macro gloom bears on WA projects
(Friday, 17 May 2013)

ECONOMIC uncertainty and volatility in commodity markets are prompting major Western Australian capital projects and related management companies to cut costs, says Deloitte.
Full Story...


Funding boost for Oyu Tolgoi
(Friday, 17 May 2013)

THE Export-Import Bank of the United States has approved a $US500 million ($A512.3 million) loan for the continued development of the massive Rio Tinto-controlled Oyu Tolgoi mine in Mongolia on the basis it will support around 2000 US jobs.
Full Story...


Immediate investment drop-off refuted
(Friday, 17 May 2013)

RESOURCE investment will peak this year at a record $85 billion and maintain this level over the next three, says Wood Mackenzie.
Full Story...


Friedland invests in Clean TeQ
(Friday, 17 May 2013)

MINING entrepreneur Robert Friedland is planning to take a major stake in ASX-listed purification technology business Clean TeQ Holdings.
Full Story...


Warkworth could lead country to ruin
(Friday, 17 May 2013)

BAD government comes in many forms – as seen this week in the Australian government’s admission that its budget is in tatters –but for the worst example, Hogsback suggests a close look at the Warkworth coal situation because it is a case that may eventually bankrupt the country.
Full Story...


Capital Watch: Global Strategic, Red Mountain and more
(Friday, 17 May 2013)

IN Capital Watch today: Global Strategic secures financial adviser; Red Mountain to fund drilling; TNG expands raising; Rumble rattles the tin; successful placement for Transol; and another raising for Diatreme.
Full Story...


Rinehart slams government intervention
(Friday, 17 May 2013)

GINA Rinehart has pleaded for the resources industry to take a stand against government pressure to suppress growth – calling for bold initiative to restore the national economic footing.
Full Story...


Global Wrap: General Moly, Lonmin and more
Exclusively for Premium Subscribers
(Friday, 17 May 2013)

IN Global Wrap this week: Hanlong calls off another deal; more strike action for Lonmin; Anglo Platinum provides restructuring update; new mine for Cameco; and a record quarter for Centamin.
Full Story...


Fifth body recovered at Grasberg
(Friday, 17 May 2013)

PT Freeport Indonesia says a fifth body has been recovered from the collapsed tunnel at the Grasberg mine, with 23 workers still unaccounted for.
Full Story...


Buy, Sell, Hold: Mirabela, TUC and Kasbah
Exclusively for Premium Subscribers
(Friday, 17 May 2013)

REVISIONS for nickel producer Mirabela and junior rare earth hopeful TUC and coverage initiated on Kasbah.
Full Story...


Avalon falls on lost funding
(Friday, 17 May 2013)


THE advisory group that agreed to give Avalon Minerals $A25 million last month has backed out of the deal, sending Avalon shares tumbling more than 30% this morning.
Full Story...


World gold demand retreats despite hotter Asian markets
(Friday, 17 May 2013)

GLOBAL gold demand for the first quarter was 963 tonnes valued at $US50.5 billion ($A51.2 billion), down year-on-year by 13% in tonnage and 16% in value, says the World Gold Council.
Full Story...


Bond gets the boot in Glencore vote
(Friday, 17 May 2013)

GLENCORE Xstrata shareholders have voted against the election of Sir John Bond as chairman, just two weeks after the creation of the company.
Full Story...


Worley faces earnings freeze
(Friday, 17 May 2013)

SHARES in WorleyParsons slumped this morning after the company said weakness in the Western Australian market had put a damper on its outlook, telling investors to expect earnings to head backwards.
Full Story...


Oz miners flunk indigenous relations
(Friday, 17 May 2013)

A STUDY which reviewed 53 of the top 200 Australia-listed resources companies found only one – a multinational conglomerate – had a clear public commitment to gaining indigenous consent before beginning a project.
Full Story...


Comet Vale sale falls through
(Friday, 17 May 2013)

REED Resources will hold on to its Comet Vale gold project in Western Australia a little longer after a sale deal with Crest Minerals was terminated due to funding issues.
Full Story...





USER INFO
Welcome to MNN
(GUEST)

  Click here to login
  Sign up today
  Manage Members


Company Search




Story Search









Advanced Search

Site search sponsor












UPCOMING
EVENTS
Introduction to Geostatistics
Introduction to Geostatistics
Successful Sampling and QAQC of Assay Data
Successful Sampling and QAQC of Assay Data
Gold Extraction Course
Contract Law
  View all events



ONLINE AND PRINT PUBLICATIONS
Miningnews.net
Mining industry news leader
MiningNewsJobs.net
Jobs and careers portal for the mining industry
MiningNewsPremium.net
Premium mining news coverage
EnergyNewsBulletin.net
Comprehensive energy industry news
EnergyNewsJobs
Jobs and careers portal for the energy industry
EnergyNewsPremium.net
Premium energy industry coverage
International
Longwall News
Longwall mining's news source
Construction
IndustryNews.net
Essential construction industry news
WME Business
Environment Network
Essential environmental management news
PNGIndustryNews.net
Essential PNG industry news
NoticiasDeMineracao.com
Brazil Mining News Leader
SearchMining.net
The search engine for the mining industry
SearchPetroleum.net
The search engine for the oil and gas industry
SearchConstruction.net
The search engine for the construction industry
 

Australia's Mining Monthly
Powerful. Reliable.
RESOURCESTOCKS
A global resources investment magazine
Australian Longwall
Essential reading for longwall industry
Coal USA magazine
Inside the longwall and room & pillar industries
International-China Mining Review
CONTRACTOR
Australia's construction and earthmoving magazine
Cranes and Lifting Australia
The voice of the cranes and lifting industy
Inside Waste Magazine
Covering the waste industry.
WME Magazine
Leading environment business magazine
 

INDUSTRY NEWS PORTAL
IndustryNews.net
Portal to Aspermont’s leading publications