HOME ABOUT US ADVERTISE PREMIUM SUBSCRIBE SITE MAP HELP CONTACT VIDEO SURVEYS   Friday 3 September 2010 Make MNN my HomePage    GENERAL STORIES [ 31392 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... Another quick boost for Bathurst (Thursday, 2 September 2010) BATHURST Resources has increased the total resources of the Deep Creek prospect within its Buller coking coal project in New Zealand by more than 80% to 10.9 million tonnes. Full Story... Mining gains, though Labor looks likely (Thursday, 2 September 2010) MINING stocks on the Australian bourse had another positive trading day, though profit taking later in the day trimmed some of the early gains on the market. 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... Two plaintiffs pull out of Ramu tailings injunction (Thursday, 2 September 2010) TWO of the five plaintiffs involved in an injunction to stop the construction and operation of a deepsea tailings placement system at the $US1.4 billion Ramu nickel development in Papua New Guinea, have pulled out of the court action. Full Story... Mining Briefs: Dragon, Tasman, Legacy and more (Thursday, 2 September 2010) DRILLING updates for Dragon Mining, Tasman Resources and Legacy Iron Ore, the start of commissioning for Galaxy Resources, a boost to resources for Nex Metals and Australian Bauxite, and new acquisitions by Canyon Resources in Burkina Faso were the top stories in Mining Briefs today. 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... Resource security accelerates deals (Thursday, 2 September 2010) THE pace of deal activity is intensifying in the mining and metals sector, with the value of pending deals already four times the $US40.6 billion ($A44.7 billion) generated in the first half of the year. Full Story... More Australian diplomats needed in Africa (Thursday, 2 September 2010) AUSTRALIA needs to increase its diplomatic presence in Africa in order to better help service the needs of the rapidly expanding Australian mining presence in the region, according to senior mining identities speaking at the Africa Downunder conference this morning. Full Story... A green challenge Exclusively for Premium Subscribers (Thursday, 2 September 2010) HOW about the Greens putting their principles where their mouths are when it comes to the mining sector? The Outcrop by Robin Bromby. 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... Complicated contracts (Thursday, 2 September 2010) I HAVE come across some impossibly complicated contracts in my time. I’ve also come across extruders, smelters and refiners who have the misfortune to have their contracts on both sides of operations – buying in the raw material then selling the product. By Lesley Campbell. Full Story... Risky business (Thursday, 2 September 2010) A LACK of investor appetite for risk has become a major challenge for junior mining companies on the Johannesburg stock exchange, according to a speaker at the Africa Downunder Conference. Full Story... Healthy profit for Centamin (Thursday, 2 September 2010) GOLD producer Centamin Egypt has posted a net profit after tax of $US12.87 million ($A14.16 million) for the 2010 financial year. 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... Coal of Africa scales down Vele development (Thursday, 2 September 2010) COAL of Africa has cut 596 jobs at its Vele Colliery in South Africa as the company battles unexpected green tape. 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... Mining Briefs: IronClad, Regis, Icon and more (Wednesday, 1 September 2010) IN Mining Briefs today, IronClad locks in native title, commissioning for Regis, Chameleon wins appeal, a spin-off for Icon and positive gold results for Beadell, Ampella, Tanami and Heron. Full Story... Pump up the bourse (Wednesday, 1 September 2010) THE Australian market surged higher today on the back of better than expected economic data, with the resources sector leading the bourse upward. 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... Third party could trump rivals in NQM bid (Wednesday, 1 September 2010) TAKEOVER target North Queensland Metals is hoping an unsolicited approach from a third party will lead to a superior offer and trump the takeover tug-of-war for the group between rivals Conquest Mining and Heemskirk Consolidated. Full Story... Minister flags regulatory overhaul for early 2011 (Wednesday, 1 September 2010) SOUTH Africa’s Mineral Resources Minister Susan Shabangu has denied allegations of corruption within the government’s regulatory framework and says amendments to its Minerals and Petroleum Resources Development Act will be submitted to Parliament shortly and hopefully lead to a major overhaul by early next year. Full Story... Ammtec hits out at Campbell Bros’ takeover tactics (Wednesday, 1 September 2010) AMMTEC managing director Rod Smith has lashed out at the takeover tactics of Campbell Brothers, saying the lab testing and chemical group will “strangle” his company and do neither side of the hostile bid any good. Full Story... Mali to vote on new mining code next month (Wednesday, 1 September 2010) THE Republic of Mali is actively pursuing further Australian partners as it looks to grow the mining sector beyond its gold dominance into other commodities and ratifies its mining code next month, according to Mali Mines Minister Abou Bakar Traore. 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... Solid turnaround for Aspermont (Wednesday, 1 September 2010) INTERNATIONAL media company Aspermont, the publisher of MiningNews.net and MiningNewsPremium, has made a solid recovery in the 2010 financial year. Full Story... 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