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Tuesday
29 July 2014
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   TODAY'S STORIES
 
DRYBLOWER 
Dryblower on the great iron ore squeeze play


IF YOUR profit margin is more than 50% on the value of goods sold it’s a no-brainer that you will continue to expand output, which is why Dryblower reckons small iron ore producers have a serious problem because they’re not getting anything close to that.
Full Story...


MORE DRYBLOWER

Dryblower, while on the subject of the slow-motion sale of Nickel West, is reminded of an interesting movie …


Dryblower and strange events on world stock markets


Chinese takeaways start the great ASX clean-up


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PREMIUM FEATURES 
Build it better


MINERS must build smarter operations if they are to survive rising costs but sometimes changing the industry’s thinking can be the biggest challenge.
Full Story...


MORE PREMIUM FEATURES

Rethinking approach to greenfields


Challenges and opportunities for Newcrest in PNG


Global Wrap: Cliffs, Freeport and more


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MINE SUPPLY TODAY 
WorleyParsons targeted in class action


ACA Lawyers has secured funding to mount a class action suit against engineering giant WorleyParsons relating to its earnings downgrade last year.
Full Story...


MORE MINE SUPPLY TODAY

Cutting costs with equipment rebuilds


Half-year growth sets stage for Leighton strategic review


Resource sales crawl for Caterpillar


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PROFESSIONAL PLACEMENTS 
Engineering Superintendent
  • Residential - Thriving Rural Town in NSW
  • Dynamic Leadership Opportunity
  • Accepting Applicants from Various Engineering Disciplines

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General Managers x 2 - POSITION FILLED
  • ASX Listed Companies
  • Outstanding Executive Remuneration Packages
  • Australian Operations

Full Story...



MINE PRODUCTION TODAY 
Edna May sale process over


THE Edna May gold mine in Western Australia will remain in Evolution Mining’s portfolio after a sale process failed to achieve a reasonable valuation.
Full Story...


Perseus looks to the future


THE 2014 financial year was tough for Perseus Mining but the company is now focused on applying the lessons learnt at its Edikan mine in Ghana to its next development.
Full Story...


Syama high grade lifts Resolute


A PATCH of higher gold grades at its Syama operation in Mali has helped Resolute Resources mark a 5% lift in its overall production for the June quarter.
Full Story...



MORE MINE PRODUCTION TODAY

Paladin still optimistic


Independence soars on Tropicana and improved operations


Good end to the year for BC Iron


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FINAL CALL 
Glimmering hope as gold miners polish up


GOLD miners led the gains in resources today after the gold price jumped back over $US1300 an ounce on Friday. Spot gold was last trading at about $1305/oz or $A1390/oz.
Full Story...


MORE FINAL CALL

BHP advances Olympic Dam heap leach


Silver Lake nabs Newcrest stake


WorleyParsons targeted in class action


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INVESTMENT 
WorleyParsons targeted in class action


ACA Lawyers has secured funding to mount a class action suit against engineering giant WorleyParsons relating to its earnings downgrade last year.
Full Story...


MORE INVESTMENT

No exploration for Fifth Element


Blackham applies to Takeovers Panel


Buy, Sell, Hold: BHP, Western Areas and Saracen


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IPOs 
Duketon IPO oversubscribed


SOUTH Boulder Mines spin-off Duketon Mining has raised $A7 million in an oversubscribed initial public offering.
Full Story...


MINERAL EXPLORATION 
Drilling hints at Savannah extension


PANORAMIC Resources says it may have discovered a new zone at its Savannah North nickel project in Western Australia after intersecting massive sulphide mineralisation.
Full Story...


MORE MINERAL EXPLORATION

Maiden resource for Centrex


Rethinking approach to greenfields


Buxton jumps on graphite hits


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MERGERS & ACQUISITIONS 
Silver Lake nabs Newcrest stake


SILVER Lake Resources is set to take full control of its Mount Monger operations after announcing plans to acquire Newcrest Mining’s 15% stake in the project for $A1.5 million.
Full Story...


MORE MERGERS & ACQUISITIONS

Chesser hoping to offload flagship project


KPMG sees growth in mining


Stanhill ups Robust offer


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ENVIRONMENT 
Adani’s $16.5B Carmichael approved


AFTER a greentape journey lasting more than 3.5 years, Adani has finally received federal environmental approval to develop its vast 60 million tonnes per annum, $A16.5 billion Carmichael thermal coal project in Queensland’s unharnessed Galilee Basin.
Full Story...


MORE ENVIRONMENT

BHP advances Olympic Dam heap leach


Kintyre moves forward


Moylan walks free for Whitehaven hoax


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Tidal change and a Northern Star turn
Exclusively for Premium Subscribers


THE moon is in a promising phase and the stars are aligned, particularly the “Northern” ones. No, the Metal Detective hasn’t turned to astrological charts, but recent events have convinced him the tide’s turned. The Metal Detective, by Stephen Bell
Full Story...


Edna May sale process over


THE Edna May gold mine in Western Australia will remain in Evolution Mining’s portfolio after a sale process failed to achieve a reasonable valuation.
Full Story...


Maiden resource for Centrex


CENTREX Metals has declared a maiden resource at the Kimba Gap iron ore project in South Australia.
Full Story...

   CURRENT FOCUS FEATURES

DIGGERS & DEALERS 2014

Edna May sale process over

Drilling hints at Savannah extension

Troy releases upbeat Karouni study

Silver Lake nabs Newcrest stake

MacPhersons seeks $10M for WA projects

Independence soars on Tropicana and improved operations

Blackham applies to Takeovers Panel

Good end to the year for BC Iron

Blackham falls on fresh spill motion

Chatree drives annual record for Kingsgate



  VIEW ALL STORIES on DIGGERS & DEALERS 2014



   TODAY'S STORIES CONTINUED


Rex moves closer to production at Hillside


REX Minerals has taken a significant step at its Hillside copper project in South Australia after receiving government approvals for the open pit and underground development.
Full Story...


Build it better
Exclusively for Premium Subscribers


MINERS must build smarter operations if they are to survive rising costs but sometimes changing the industry’s thinking can be the biggest challenge.
Full Story...


Syama high grade lifts Resolute


A PATCH of higher gold grades at its Syama operation in Mali has helped Resolute Resources mark a 5% lift in its overall production for the June quarter.
Full Story...


Mining recovery a long way off


THE outlook for the mining sector has reached a new five-year low and confidence levels are likely to take years to recover, according to Newport Consulting’s new mining outlook.
Full Story...


Perseus looks to the future


THE 2014 financial year was tough for Perseus Mining but the company is now focused on applying the lessons learnt at its Edikan mine in Ghana to its next development.
Full Story...


Drilling hints at Savannah extension


PANORAMIC Resources says it may have discovered a new zone at its Savannah North nickel project in Western Australia after intersecting massive sulphide mineralisation.
Full Story...


Troy releases upbeat Karouni study


TROY Resources has released a prefeasibility study for its Karouni gold mine in Guyana, outlining an $US84.6 million ($A89.9 million) spend for the early open cut operations.
Full Story...


Adani’s $16.5B Carmichael approved


AFTER a greentape journey lasting more than 3.5 years, Adani has finally received federal environmental approval to develop its vast 60 million tonnes per annum, $A16.5 billion Carmichael thermal coal project in Queensland’s unharnessed Galilee Basin.
Full Story...


Mining Briefs: Azumah, IMX and more


IN Mining Briefs today: Azumah wins Ghana ML; IMX port negotiations; investment in Avanco; Gulf eyes SGX; Vector falls short; drilling for Gold Road, Kibaran, Triton and ABM; and Stonehenge’s MoU.
Full Story...


BHP advances Olympic Dam heap leach


BHP Billiton has submitted documents for a proposed heap leach pilot plant as part of investigations into the expansion of its Olympic Dam uranium-copper mine in South Australia.
Full Story...


Silver Lake nabs Newcrest stake


SILVER Lake Resources is set to take full control of its Mount Monger operations after announcing plans to acquire Newcrest Mining’s 15% stake in the project for $A1.5 million.
Full Story...


Boart claws its way back


DRILLING services provider Boart Longyear has announced it expects to have the liquidity to meet obligations to creditors, while second-quarter revenue rose from first-quarter levels.
Full Story...


Kintyre moves forward


CAMECO Australia has welcomed the completion of the environmental assessment for the Kintyre uranium project in Western Australia.
Full Story...


WorleyParsons targeted in class action


ACA Lawyers has secured funding to mount a class action suit against engineering giant WorleyParsons relating to its earnings downgrade last year.
Full Story...


Capital Watch: Pilbara, Avalon and more


IN Capital Watch today: Pilbara cashes up; new investors for Avalon’s Viscaria; Alicanto and Inca oversubscribed; and Diatreme confirms new funding.
Full Story...


Paladin still optimistic


PALADIN Energy is on the hunt for new opportunities in the uranium sector after recording a steady quarter at its Langer Heinrich and Kayelekera operations.
Full Story...


Cutting costs with equipment rebuilds


MINING supply company Sandvik said it had answered industry calls for reduced operating costs by providing a rebuilt drill rig at 70% of the cost of a new one.
Full Story...


Half-year growth sets stage for Leighton strategic review


LEIGHTON Holdings has reported a 2.7% net margin increase for the six months to June 30, 2014.
Full Story...





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