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Friday
3 September 2010
Make MNN my HomePage
AUSTRALIA STORIES
[ 19804 Results - Showing Results 1 to 30 ]
FMG shareholder files for damages
(Thursday, 2 September 2010)
THE third-largest shareholder of Fortescue Metals Group, Leucadia National Corp, has filed a summons against the iron ore producer and its chief executive Andrew Forrest, for damages over “misleading and deceptive conduct”.
Full Story...
Stanmore unveils maiden Mackenzie resource
(Thursday, 2 September 2010)
STANMORE Coal has set an initial inferred resource of 99 million tonnes of coking coal at its wholly owned Mackenzie River open cut project near Blackwater in Queensland.
Full Story...
Deal on patent technology reshapes Wonarah economics
(Thursday, 2 September 2010)
A LICENSING deal that also brings a new cornerstone investor to Minemakers has the potential to offer large capital savings through the use of the patented dry kiln process rather than the conventional wet process acid techniques.
Full Story...
Paulsens purchase paying off
(Thursday, 2 September 2010)
NORTHERN Star Resources has paid off $A4.35 million of the debt facility from the purchase of the Paulsens gold mine just one month after taking ownership of the Pilbara project.
Full Story...
Executive Outcomes: Carrick, Condor, Ironbark and more
(Thursday, 2 September 2010)
IAN Burston has resigned as chairman of
Carrick Gold
and
Condor Nickel
due to other work commitments.
Full Story...
Atlas unveils $178M capital cost for Turner River
(Thursday, 2 September 2010)
PILBARA iron ore miner Atlas Iron has released preliminary capital estimates for its Turner River Hub project of $A178 million, with payback expected in less than 24 months.
Full Story...
Government releases reserve arrangements
(Thursday, 2 September 2010)
THE Western Australian government has released new nature conservation and mining arrangements for the Mt Manning area, north of Southern Cross.
Full Story...
Iron ore miners triumph at Golden Geckos
(Thursday, 2 September 2010)
IRON ore players Crosslands Resources and Pluton Resources have been awarded Golden Gekko Awards for environmental excellence at a ceremony in Perth last night.
Full Story...
NSW loses another mining minister
(Thursday, 2 September 2010)
THE New South Wales mining industry is once again in disarray after newly appointed Mineral Resources Minister Paul McLeay resigned from his portfolio for using a government computer to look at gaming and adult websites.
Full Story...
Maiden shipment remains on track
(Thursday, 2 September 2010)
WITH the changing tax regime creating uncertainty throughout the industry BC Iron remains resolute in shipping first ore from its Nullagine project in December this year.
By Tim Treadgold -
RESOURCESTOCKS
*
Full Story...
No MRRT shift in Greens-Labor deal
(Wednesday, 1 September 2010)
THERE’S no mention of the proposed Minerals Resource Rent Tax in the newly announced federal alliance between Labor and the Greens, but the deal will force Labor to negotiate with Bob Brown’s party over the outline of any new tax legislation.
Full Story...
A very ordinary mine
Exclusively for Premium Subscribers
(Wednesday, 1 September 2010)
A URANIUM mine is an ordinary thing. That’s the clear message you get on a visit to the test pit at Toro Energy’s uranium project in Wiluna, where the company recently finished the trial excavation of some 20,000 tonnes of material for bulk mineralised material samples for testwork.
Full Story...
Australia well placed to build on $20B African investment
(Wednesday, 1 September 2010)
AUSTRALIA is in a unique position to build on its $A20 billion investment in Africa and further expand its presence, but tackling corruption and building transparency will be the key.
Full Story...
Antofagasta makes first entry into Australia
(Wednesday, 1 September 2010)
CHILEAN copper major Antofagasta will make its first Australian investment in the form of a farm-in agreement over Monax Mining’s Punt Hill copper-gold project in South Australia.
Full Story...
Atlas paves the way for future growth
(Wednesday, 1 September 2010)
SHARES in Atlas Iron have gained ground in morning trade after the iron ore miner reported a 50% jump in reserves for its northern Pilbara projects, paving the way for production of 12 million tonnes per annum by the end of 2012.
Full Story...
Fuel on
(Wednesday, 1 September 2010)
CALTEX is about to start expanding its Port Hedland terminal ten-fold, adding 40 million litres of diesel capacity to the region’s fuel supplies.
Full Story...
Profit slump for Norseman
(Wednesday, 1 September 2010)
NORSEMAN Gold has posted an 85% drop in after tax profit for the 2010 financial year, but is concentrating on its goal of more than doubling production in the coming 12 months.
Full Story...
Miner dies in vehicle rollover **UPDATED**
(Wednesday, 1 September 2010)
WESFARMERS will restart operations at its Curragh open cut coal mine in Queensland at 7pm tonight after a vehicle rollover that killed a miner and injured three others yesterday.
Full Story...
Botticelli’s beauty on the rise
(Wednesday, 1 September 2010)
IT’S not hard to find an ASX-listed junior with good geology and a lot of blue sky in their projects – you’d be hard pressed to find one that doesn’t make that claim.
By Nick Evans -
RESOURCESTOCKS
*
Full Story...
Phoenix enters producer ranks
(Tuesday, 31 August 2010)
LESS than three months after acquiring the Mountain of Light copper project, Phoenix Copper has started production at the South Australian mine.
Full Story...
Hillgrove impacts Straits financials
(Tuesday, 31 August 2010)
A $A72.3 million impairment against its closed Hillgrove operation in New South Wales has seen copper-gold miner Straits Resources record of a loss of $69.4 million for the year.
Full Story...
Emergent agrees to bigger CMIC slice
(Tuesday, 31 August 2010)
THE Beijing China Metallurgical Investment Company will end up controlling 17.5% of Emergent Resources shares when the company finally closes its capital injection from the Chinese major, after the two again varied their subscription agreement this week.
Full Story...
Worth the wait for IMX
Exclusively for Premium Subscribers
(Tuesday, 31 August 2010)
IT’S been a long, hard slog for IMX Resources at its Cairn Hill magnetite project, so the company had much to celebrate when it officially opened the South Australian mine last Thursday.
Kristie Batten
attended the opening.
Full Story...
Rio and BHP’s Plan B
Exclusively for Premium Subscribers
(Tuesday, 31 August 2010)
WITH the Pilbara iron ore joint venture apparently in its death throes, Rio Tinto and BHP Billiton are edging closer to a deal with the WA government that would enable a sensible Plan B.
The Metal Detective
by Stephen Bell.
Full Story...
Grange blames depressed market for profit dive
(Tuesday, 31 August 2010)
GRANGE Resources’ annual profit dived last financial year, more than halving to $A42.2 million for the year on the back of reduced prices for its iron ore pellets.
Full Story...
Qld coal bears brunt of skills shortage
(Tuesday, 31 August 2010)
QUEENSLAND’S coal industry will start feeling the effects of an acute skills shortage as early as next year as new low-emission energy coal seam gas companies start aggressively recruiting skilled workers in the state.
Full Story...
Impairment losses drag down Swick results
(Tuesday, 31 August 2010)
DESPITE higher revenues of $A99.5 million, impairment losses and taxes have caused drilling outfit Swick Mining Services to post a loss after tax of $10.1 million for 2009-2010.
Full Story...
Resource upgrade on the cards for Mungana
(Tuesday, 31 August 2010)
DRILLING results at the Red Dome copper-gold play in Queensland by Mungana Goldmines bode well for a potential resource upgrade.
Full Story...
Minara back in black
(Tuesday, 31 August 2010)
MINARA Resources has posted another solid half of profits for the first half of the year, announcing a first half after-tax profit this morning of $A39.3 million this morning.
Full Story...
New Hope lifts production, sales and exports
(Tuesday, 31 August 2010)
NEW Hope increased raw coal production by 20% to 9.67 million tonnes in the 12 months to the end of July, while the company is expecting to pick up two Central Queensland coal permits in the next few months.
Full Story...
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UPCOMING
EVENTS
The 2010 Mining Industry Skills Centre Conference and Training Awards
IMPC 2010: International Mineral Processing Congress - Smarter Processing for the Future
SMI Knowledge Transfer Short Course on Energy Efficiency and Emissions Management for the Resources Sector
Excellence in Mining & Exploration 2010
SMI Knowledge Transfer Short Course on Practical Monitoring for Improved Environmental Performance for the Resources Sector
GIS in Mining and Exploration
View all events
TODAY'S NEWS
FMG shareholder files for damages
Mining gains, though Labor looks likely
Another quick boost for Bathurst
Stanmore unveils maiden Mackenzie resource
Mining Briefs: Dragon, Tasman, Legacy and more
Two plaintiffs pull out of Ramu tailings injunction
Paulsens purchase paying off
Deal on patent technology reshapes Wonarah economics
Executive Outcomes: Carrick, Condor, Ironbark and more
A green challenge
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