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Thursday
11 March 2010
Make MNN my HomePage
TODAY'S STORIES
DRYBLOWER
Dryblower on how the great tax caper could hit mining
(Monday, 8 March 2010)
TAX and banking seem remote topics when it comes to discussing mining. They’re not, as
Dryblower
will explain as he explores a curious phenomena known as “tax arbitrage”, an unfair financial advantage to be gained by setting up shop in Switzerland.
Full Story...
MORE DRYBLOWER
Dryblower on the looming tax whack
Dryblower spots a big iron ore deal in the making
Dryblower on when a big price rise is also a loss
VIEW ALL STORIES
PREMIUM FEATURES
Bindoon rocked by Bauxite
(Thursday, 11 March 2010)
A GROUP of Bindoon farmers have hit back at claims by Bauxite Resources that they are conducting a smear campaign against the company and have called into question the viability of its mining and alumina refinery aspirations.
Full Story...
MORE PREMIUM FEATURES
The quarterly pricing regime
Centurion’s new base
People power
VIEW ALL STORIES
MINE SUPPLY TODAY
CITIC Pacific secures workforce transport
(Thursday, 11 March 2010)
CITIC Pacific Mining has signed an agreement with Skywest Airlines for a scheduled airline service between Perth and Karratha for workers at the massive Sino Iron project at Cape Preston.
Full Story...
MORE
MINE SUPPLY TODAY
GR to return to Solomon Islands
Centurion’s new base
New contract to keep Mt Weld costs on track
VIEW ALL STORIES
PROFESSIONAL PLACEMENTS
Global Commodity Leader – Nickel & PGEs
(Friday, 5 March 2010)
Brazil Based: Belo Horizonte
Exciting Newly Created Appointment
Manage Greenfields Nickel & PGE Portfolio
Key Strategic & Technical Focus
Contact Alex Beutler +61 7 3295 7414
Full Story...
Mining Project Director
(Thursday, 4 March 2010)
LARGE SCALE MINING PROJECT WESTERN AUSTRALIA
Attractive Roster
Top Level Negotiable Salary Package
Excellent Career Move
Full Story...
Global Commodity Leader – Iron Ore
(Wednesday, 3 March 2010)
Perth Based
Exciting Newly Created Appointment
Manage Greenfields Iron Ore Portfolio
Key Strategic & Technical Focus
Contact Alex Beutler +61 7 3295 7414
Full Story...
MORE
PROFESSIONAL PLACEMENTS
Processing Manager
Mill Superintendent
Principal OHS Inspector Mining
VIEW ALL STORIES
MINE PRODUCTION TODAY
Equinox flags throughput increase
(Thursday, 11 March 2010)
DUAL-listed Equinox Resources has initiated studies to increase the throughput rate at its Lumwana copper operation in Zambia to more than 30 million tonnes per annum and is continuing offtake and financial talks on a possible uranium stream.
Full Story...
Noble ups gold reserve in West Africa
(Tuesday, 9 March 2010)
NOBLE Mineral Resources has posted a major increase in the JORC-compliant measured, indicated and inferred gold resources at its west African Bibiani project.
Full Story...
Revolution in precious metals processing
(Friday, 5 March 2010)
A NEW $A60 million extraction method developed by Haoma Mining and Elazac Mining at Bamboo Creek in the Pilbara could have major ramifications for other precious metal players in the region.
Full Story...
MORE
MINE PRODUCTION TODAY
Gold flowing at BrightStar
Growth on the cards for Lihir
Ramelius ups gold resource
VIEW ALL STORIES
MINE GEAR TODAY
Trolley trucks save energy, CO2 emissions
(Tuesday, 23 February 2010)
A VISIT to Rio Tinto’s famous Rössing uranium mine in Namibia earlier this month revealed a unique haulage system from the open pit floor to ground level – trolley trucks powered by electricity.
Full Story...
Stokes to merge ‘pride and joy’ Westrac with Seven
(Monday, 22 February 2010)
CATERPILLAR dealer Westrac Holdings will merge with the Seven Network to create a new publicly listed company.
Full Story...
New dozer in a class of its own
(Wednesday, 17 February 2010)
KOMATSU Australia has released a new dozer that promises improved performance and a number of technological advances.
Full Story...
MORE
MINE GEAR TODAY
Sandvik cuts Cubex deal
Equipment sales to recover from bleak 2009
Code makers
VIEW ALL STORIES
GENERAL APPOINTMENTS
Group Geologist
(Friday, 5 March 2010)
Polymetals has set an aggressive growth strategy and requires an experienced Group Geologist, with strong exploration expertise, to join the team. The Group Geologist provides strategic and technical advice, analysis and options in support of the achievement of Polymetals goals. A competitive package will reflect the candidate's credentials and experience. For more information, and to apply online, please visit
http://ApplyNow.net.au/Job16522
Full Story...
FINAL CALL
Mixed bag for nickel
(Wednesday, 10 March 2010)
NICKEL had a quiet night on the London Metal Exchange closing $50 lower at $22,250 per tonne overnight. Nickel stocks on the
Final Call
watchlist had a mixed day on the Australian Securities Exchange.
Full Story...
MORE FINAL CALL
Karratha next on upgrade list
Balmoral receives environmental approval
Harley progresses offtake talks in London
VIEW ALL STORIES
INVESTMENT
Lady Annie sale for Cape Lambert
(Thursday, 11 March 2010)
CAPE Lambert Resources has ditched the proposed listing of Lady Annie spin-off Q Copper in favour of selling the Queensland project to a potential Asian buyer for around $A150 million.
Full Story...
MORE INVESTMENT
Equinox flags throughput increase
Adamus eyes $30.5M raising
Equinox closes $US400M loan deal
VIEW ALL STORIES
RESOURCESTOCKS
Mongolian coal to stoke Hunnu fire
(Wednesday, 10 March 2010)
AUSTRALIAN-Mongolian company Hunnu Coal has its sights firmly set on developing assets in a nation rich with possibility and abundant with coal resources.
By Amanda Ellis -
RESOURCESTOCKS
*
Full Story...
MORE RESOURCESTOCKS
Beacon’s future shining bright
Iron ore project a Wilcherry thrill
Big year ahead for Duketon gold project
VIEW ALL STORIES
IPOs
Dourado to spin off subsidiary
(Monday, 8 March 2010)
DOURADO Resources is planning to spin off its subsidiary – just three months after listing itself – with the new company to gain Northern Territory uranium assets from Dourado and Cauldron Energy.
Full Story...
MORE IPOs
Heron offloads Kalgoorlie gold assets
Wild Acre lists on the ASX
Strata lodges $3 million IPO
VIEW ALL STORIES
MINERAL EXPLORATION
Melrose grows for Korab
(Wednesday, 10 March 2010)
KORAB Resources has delivered a 29% increase in the inferred resource at its Bungarra deposit, part of its Melrose gold project in Western Australia’s Eastern Goldfields region.
Full Story...
MORE MINERAL EXPLORATION
Drilling extends Hera
Deposit taking shape for Kimberley Metals
Back on the hunt: exploration spend grows
VIEW ALL STORIES
MERGERS & ACQUISITOINS
For those about to merge (we salute you)
(Wednesday, 10 March 2010)
JUST months after merging with Warwick Resources, Pilbara miner Atlas Iron and magnetite hopeful Aurox Resources have agreed to a friendly merger, with the deal being sealed over a beer before the AC/DC concert in Perth on Saturday night.
Full Story...
MORE MERGERS & ACQUISITOINS
Citigold to spin out Charters Towers
Gloucester recommends Macarthur offer
Rio to raise Ivanhoe holding
VIEW ALL STORIES
ENVIRONMENT
Magellan back in business
(Friday, 26 February 2010)
AFTER a lengthy hiatus, Magellan Metals has this week restarted operations at its namesake lead mine near Wiluna in Western Australia.
Full Story...
MORE ENVIRONMENT
Trolley trucks save energy, CO2 emissions
Newmont triples green effort
Climate change liabilities
VIEW ALL STORIES
Bindoon rocked by Bauxite
Exclusively for Premium Subscribers
(Thursday, 11 March 2010)
A GROUP of Bindoon farmers have hit back at claims by Bauxite Resources that they are conducting a smear campaign against the company and have called into question the viability of its mining and alumina refinery aspirations.
Full Story...
Gold in Australia – a rethink
Exclusively for Premium Subscribers
(Thursday, 11 March 2010)
PERHAPS we’ve been blinded by the high-grade glister abroad.
The Outcrop
by Robin Bromby
Full Story...
Lady Annie sale for Cape Lambert
(Thursday, 11 March 2010)
CAPE Lambert Resources has ditched the proposed listing of Lady Annie spin-off Q Copper in favour of selling the Queensland project to a potential Asian buyer for around $A150 million.
Full Story...
CURRENT FOCUS FEATURES
New Projects
CITIC Pacific secures workforce transport
Drilling extends Hera
Balmoral receives environmental approval
Harley progresses offtake talks in London
Adamus eyes $30.5M raising
Lithium story grows for Orocobre
Sulfide promise lures Castle
Speewah quadruples in size
New contract to keep Mt Weld costs on track
Gold flowing at BrightStar
VIEW ALL STORIES
on
New Projects
TODAY'S STORIES CONTINUED
PDAC president slams C-300
(Thursday, 11 March 2010)
IN his introduction to the Prospectors and Developers Association of Canada convention, PDAC president Jon Baird ramped up the organisation's opposition to the C-300 bill that is being considered in Canada's Parliament. By
Mining Journal
’s Dominic Mercer
Full Story...
Equinox flags throughput increase
(Thursday, 11 March 2010)
DUAL-listed Equinox Resources has initiated studies to increase the throughput rate at its Lumwana copper operation in Zambia to more than 30 million tonnes per annum and is continuing offtake and financial talks on a possible uranium stream.
Full Story...
Juno resources to shrink
(Thursday, 11 March 2010)
EXCALIBUR Mining Corporation says preliminary findings of an independent review of resources at its Juno deposit at Tennant Creek have pointed to a likely substantial downgrade in indicated resources.
Full Story...
Iron ore and coal exports at record high
(Thursday, 11 March 2010)
STRONG demand from Asia, including Japan, the Republic of Korea and China, pushed Australia’s exports of iron ore and coal to record levels in the December 2009 quarter.
Full Story...
St Barbara is King of the Hill
(Thursday, 11 March 2010)
ST Barbara is looking to production of up to 275,000 ounces from its expanded Leonora Operations from 2011 after approving development of the King of the Hills underground project.
Full Story...
CITIC Pacific secures workforce transport
(Thursday, 11 March 2010)
CITIC Pacific Mining has signed an agreement with Skywest Airlines for a scheduled airline service between Perth and Karratha for workers at the massive Sino Iron project at Cape Preston.
Full Story...
Arafura goes to Washington
(Thursday, 11 March 2010)
AUSTRALIA’S rare earth element-focused Arafura Resources is heading off to the United States next week.
Full Story...
GR to return to Solomon Islands
(Wednesday, 10 March 2010)
ALLIED Gold has provided GR Engineering Services with a letter of intent to award it the engineering, procurement and construction contract for the Gold Ridge project in the Solomon Islands.
Full Story...
Mining Briefs: Cudeco, PlatAust, Silver Lake and more
(Wednesday, 10 March 2010)
SHARES in copper hopeful
Cudeco
jumped 15% today on news the company is in China and in discussion with parties over its flagship Rocklands project.
Full Story...
Karratha next on upgrade list
(Wednesday, 10 March 2010)
AS part of its Pilbara Cities vision, the Western Australian State Government has today released the draft Karratha Revitalisation Plan and announced a new workers’ camp will be built in the town to ease the high demand for accommodation.
Full Story...
Drilling extends Hera
(Wednesday, 10 March 2010)
NEW high-grade results from the Hera gold and base metals deposit in New South Wales have the potential to significantly grow resources, YTC Resources chief executive Rimas Kairaitis says.
Full Story...
Melrose grows for Korab
(Wednesday, 10 March 2010)
KORAB Resources has delivered a 29% increase in the inferred resource at its Bungarra deposit, part of its Melrose gold project in Western Australia’s Eastern Goldfields region.
Full Story...
Deposit taking shape for Kimberley Metals
(Wednesday, 10 March 2010)
NEW South Wales explorer Kimberley Metals is gearing up programs to confirm the viability of a mine development at the Pearse deposit and justify re-commissioning the Mineral Hill processing plant after reporting a series of high-grade hits.
Full Story...
Harley progresses offtake talks in London
(Wednesday, 10 March 2010)
GUNSON Resources managing director David Harley has met with potential funding and offtake partners in London as he advances the company’s namesake project in South Australia towards a 2012 start-up.
Full Story...
Balmoral receives environmental approval
(Wednesday, 10 March 2010)
ONLY days after responding to concerns about its funding arrangements, Australasian Resources has received final state government environmental approval for its Balmoral South iron ore project in the Pilbara.
Full Story...
For those about to merge (we salute you)
(Wednesday, 10 March 2010)
JUST months after merging with Warwick Resources, Pilbara miner Atlas Iron and magnetite hopeful Aurox Resources have agreed to a friendly merger, with the deal being sealed over a beer before the AC/DC concert in Perth on Saturday night.
Full Story...
Back on the hunt: exploration spend grows
(Wednesday, 10 March 2010)
EXPLORATION spending by Australian resource companies is back on the rise, in another sign of growing confidence in the local mining sector. New Australian Bureau of Statistics figures show that total exploration spending is rising, particularly in greenfield areas.
Full Story...
The quarterly pricing regime
Exclusively for Premium Subscribers
(Wednesday, 10 March 2010)
IRON ore is tipped to settle on a quarterly basis as BHP Billiton avoids annual contracts for coking coal. Mine Life senior resources analyst Gavin Wendt and Patersons Securities coal analyst Andrew Harrington look into the ramifications.
Full Story...
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