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Centennial’s Springvale life extension plan received planning approval

By: Esmarie Swanepoel     Updated 9 minutes ago The mine life at the Springvale coal mine, in New South Wales, has been extended by 13 years after the state’s Planning Assessment Commission (PAC) approved owner Centennial Coal’s extension plans. The existing mine produces 4.5-million tonnes a year of run-of-mine coal from the Lithgow seam,... 

Geopacific raises cash for Cambodia exploration

By: Esmarie Swanepoel     Updated 20 minutes ago Junior metals explorer Geopacific Resources would raise some A$23-million through a share placement and rights issue to fund exploration work at its Kou Sa project, in Cambodia. The ASX-listed company on Friday announced that it would raise an initial A$9-million through the placement of... 

Vogel to step down as EPA chair

By: Esmarie Swanepoel     Updated 28 minutes ago The Western Australian Environmental Protection Authority (EPA) has announced that chairperson Paul Vogel would step down from his position at the end of his term in November. Vogel, who was appointed in 2007, is the second longest serving chairperson in the EPA’s 44-year history. 

Padbury granted mining lease for Telecom Hill

By: Esmarie Swanepoel     Updated 36 minutes ago ASX-listed Padbury Mining has had the mining lease over its Telecom Hill iron project, in Western Australia, approved. Over the past four years, the company has completed multiple exploration and evaluation programmes at the Telecom Hill project, defining a Joint Ore Reserves Committee... 

North American Palladium resumes milling at Lac des Iles

By: Creamer Media Reporter      Updated 47 minutes ago Milling operations at TSX-listed North American Palladium’s (NAP’s) Lac des Iles (LDI) mine, in Ontario, Canada, were successfully restarted on June 26, the company reported on Thursday. "Significant efforts by team members across the company, led by those on site at LDI, have put us in a... 

Mozambique in good shape but must control state firms – IMF

By: Reuters     Updated 1 hour 27 minutes ago Strong economic growth in Mozambique is supported by major investments in the coal mining and natural gas sectors but stricter control over state-run firms is necessary, the International Monetary Fund said on Thursday. "Mozambique's continued strong growth performance and low inflation are... 

Mozambique in good shape but must control state firms – IMF

Australia mining shares tumble as iron ore price at two-month low

By: Reuters     Updated 1 hour 37 minutes ago Shares in Australia's biggest iron-ore miners tumbled on Friday, after the price of the steel making raw material hit the lowest in more than two months amid further evidence of growing shipments to China. Iron ore for immediate delivery to China stood at $55.80/t, its weakest since late April,... 

China to lift ban on entry of miner Vale's mega-ships

By: Reuters     Updated 1 hour 42 minutes ago China said on Friday it will allow 400 000-deadweight tonne (dwt) ships to dock at its ports, officially ending a more than three-year ban that had effectively shut out Brazilian miner Vale SA's giant vessels. Four domestic ports - Qingdao, Dalian, Tangshan Caofeidian and Ningbo - will be allowed... 

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