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Aquila Resources

Sentula progresses coal asset disposals

As mining services provider and coal miner Sentula Mining entered talks for the sale of its shareholding in the Nkomati anthracite mine, CEO Robin Berry said the group would prioritise the disposal of most of its remaining coal assets during the...
27th June 2013

Eagle Downs work delayed in weak coal price environment

The joint developers of the $1.3-billion Eagle Downs coking coal project, in Queensland, have delayed the project’s completion from November 2016, to the first half of 2017. ASX-listed Aquila Resources reported on Thursday that the continuing...
27th June 2013

Aquila confirms Eagle Downs job cuts

Diversified junior Aquila Resources has confirmed that it would reduce the workforce at its $1.3-billion Eagle Downs coal joint venture (JV) project. The miner noted that, in light of the current commodity price environment, the JV partners...
25th June 2013

Anketell port project gets environmental thumbs up

Federal Sustainability, Environment, Water, Population and Communities Minister Tony Burke has approved the development of the Anketell Point port project, as proposed by ASX-listed Aquila Resources. Burke has imposed 45 conditions on the...
17th May 2013

Aquila increases Central Queensland resources

Diversified junior Aquila Resources has reported resource increases at both its Talwood coking coal project and at its Walton coal project, in Central Queensland. At the Talwood project, the Joint Ore Reserves Committee- (Jorc-) compliant...
15th May 2013
News This Week

Creamer Media publishes Australasian Mining Roundup for February 2013 electronic report

The February 2013 roundup includes details of Minerals explorer Apollo Minerals’ farm-in agreement with Mincor Resources; the Western Australian government’s environmental approval for the development of the 115-million-ton-a-year Anketell...
20th March 2013

Aquila/Vale sign Belvedere deal

Diversified miner Aquila Resources has reached an agreement with joint venture partner Vale on the price for its share in the Belvedere hard coking coal project, in Queensland. In December last year, the company’s 24.5% share in the Belvedere...
1st February 2013

Anketell port receives WA govt enviro nod

The Western Australian government has given environmental approval for the development of the 115-million-ton-a-year Anketell multi-user port. The port would have an initial capacity of 115-million tons a year, and development would occur over 20...
1st February 2013

Aquila's Belvedere stake gets A$150m price tag

ASX-listed Aquila Resources’ stake in the Belvedere hard coking coal project, in Queensland, has been given a price tag of A$150-million by an investment bank acting as determining valuer. Aquila has been at loggerheads with its joint venture...
13th December 2012

West Pilbara decision by March - Aquila

ASX-listed Aquila Resources was hopeful that an arbitrator could solve a financial quarrel with joint venture (JV) partner AMCI by the March quarter of next year, regarding the 2012/13 capital spend on the West Pilbara iron-ore project. Aquila...
12th December 2012

West Pilbara iron-ore project, Australia Restricted

Aquila has completed a capital optimisation study for the West Pilbara iron-ore project.
26th October 2012

Aquila’s West Pilbara project costs surge to A$7.4bn

Diversified junior Aquila Resources has warned of a cost blowout at its 50%-held West Pilbara project, saying the iron-ore mine would cost A$1.6-billion more. The miner on Monday set a revised base case capital cost of A$7.4-billion, which...
8th October 2012
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