FIRB approves Isaac Plains sale

The Foreign Investment Review Board (FIRB) has approved ASX-listed Aquila’s A$430-million disposal of its 50% interest in the Isaac Plains coal mine, in Queensland, to Japan’s Sumitomo Corporation. Executive chairperson Tony Poli said on...

Aquila upgrades Thabazimbi resource

Diversified junior Aquila Resources has reported a 43% increase in the resource estimate of its Thabazimbi iron-ore project, in South Africa. The project is now estimated to host some 67.9-million tons of resource, at 61.6% iron, with some 72% of...

Aquila sells coal stake to Japan as it raises funds for iron-ore

Diversified junior Aquila Resources has decided to keep its South African manganese project, but moved ahead with plans to offload Queensland coal mines to fund the development of its West Pilbara iron-ore project. The company announced on...

Aquila confirms 'advanced discussions' for Washpool

Diversified junior Aquila Resources on Thursday confirmed that it was in “advanced discussions” with special purpose vehicle International Coal Ventures (ICVL) regarding the sale of its Washpool hard coking coal project, in Queensland....

Aquila board gives Eagle Downs development the nod

The board of diversified miner Aquila on Tuesday approved the development of the $1.3-billion Eagle Downs mine. During December last year, Aquila and its joint venture partner Vale approved a resolution to develop Eagle Downs hard coking coal...

Eagle Downs set for 2015 production as Aquila, Vale agree on plan

Diversified junior Aquila Resources on Wednesday reported that its Eagle Downs hard coking coal joint venture (JV) with Brazilian major Vale could be in production as early as 2015, after the mine development was approved in late December. The...

Aquila applies for Kalahari manganese licence as DFS confirms viability

A definitive feasibility study (DFS) of the Gravenhage manganese project, in South Africa, has confirmed the technical and economic viability of a 1.5-million-ton-a-year operation, diversified junior Aquila Resources said on Wednesday. The DFS...

Court rules Vale can appeal Aquila JV vote injunction

The Queensland Supreme Court on Thursday allowed Vale to appeal an earlier court ruling preventing the Brazilian major from calling a vote on its preferred option to develop the A$1.3-billion Eagle Downs coal mine. ASX-listed Aquila Coal and Vale...

Aquila’s revenue climbs despite fall in Isaac Plains shipments

ASX-listed Aquila Resources’ revenue from the Isaac Plains coal mine, in Queensland, climbed 3% in the financial year ended June, despite a 37% decrease in sales volumes relative to the 2010 financial year. Aquila’s share of the revenue rose...

EPA gives go-ahead to Aquila’s Pilbara project

The Western Australian Environmental Protection Authority (EPA) has given the nod to diversified miner Aquila Resources’ mine and rail facilities for its West Pilbara iron-ore project. The first stage of the project, in which Aquila holds a 50%...

Meletse iron-ore project, South Africa

The Meletse iron-ore deposit is estimated to host around 48-million tons of iron-ore, grading 63% iron.

Aquila applies for Avontuur manganese mining right

Australia’s Aquila Resources has submitted a mining rights application for its Avontuur manganese project in South Africa’s Northern Cape province. The mining rights application, which was submitted along with a proposed social and labour...