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IRON-ORE

Fortescue opens new berth in Port Hedland

Iron-ore miner Fortescue Metals on Friday officially opened its new iron-ore berth in Port Hedland. The berth was the first of two to be constructed at the Herb Elliott port, which would achieve a 120-million ton a year capacity by 2013.
25th May 2012
 
SKILLS

Australia allows Hancock to bring in migrant workers

The Australian Immigration Minister Chris Bowen on Friday announced developer Hancock Prospecting would be allowed to ship in more than 1 700 temporary overseas workers for its Pilbara iron-ore mine under the first Enterprise Migration Agreement...
25th May 2012
 
RESOURCE INVESTMENT

LNG underpins A$260.8bn Australian resources investment

Australia’s resources investment soared to A$260.8-billion at the end of April, driven by unprecedented investment in the liquefied natural gas (LNG) sector, the Bureau of Resources and Energy Economics (BREE) reported this week. Investment...
25th May 2012
 
CORPORATE ACTIVITY

TNG finalises Chinese investments

ASX-listed TNG has completed the final stage of it’s A$13.4-million transaction with two Chinese firms, boosting its cash reserves to over A$11-million. The resources company said on Friday that the overall transaction resulted in the...
25th May 2012
 
All

Southdown magnetite project, Australia Restricted

The Southdown project has been designed to produce ten-million tons a year of high-grade magnetite concentrate.
25th May 2012
 
All

Tunkillia gold/silver project, Australia Restricted

A scoping study on the Tunkillia project has indicated the development of a mine with a two-million-ton-a-year throughput.
25th May 2012
 
CSG

Potential CSG framework delays may hurt foreign investment

Commercial law firm Middletons has warned that a delay in the federal government’s harmonized framework for the coal seam gas (CSG) industry could affect foreign investment in the sector. Speaking to Mining Weekly Online, special council Clive...
24th May 2012
 
BAUXITE

Qld pushes Burke for clarity on Rio's bauxite expansion

The Queensland government has called on Federal Environment Minster Tony Burke to deliver a timeframe for his decision on diversified miner Rio Tinto’s bauxite mine expansion plans, in Cape York. The state’s Deputy Premier and Minister for...
24th May 2012
 
CORPORATE ACTIVITY

Hanlong takeover of Sundance delayed to mid-November

The takeover of Sundance Resources by China’s Hanlong Mining has been delayed to November, the Australia-listed iron-ore developer, which owns the Mbalam project in West Africa, said on Thursday. Sundance said the companies had revised their...
24th May 2012
 
Sundance Resources Limited

Company Announcement: Sundance Resources and Hanlong agree to updated scheme of arrangement PDF Available

Sundance Resources Limited is pleased to advise that it has signed a revised Scheme Implementation Agreement with Hanlong Mining Limited based on a simplified timetable aimed at ensuring completion in November 2012.
24th May 2012
 
MINING SERVICES

NRW wins A$129m BHP contract

Mining giant BHP Billiton has awarded a A$129-million contract to ASX-listed project house NRW Holdings for its Port Hedland inner harbour project. The project scope includes bulk earthworks, ground improvement works, and rail and concrete...
23rd May 2012
 
COAL

Firestone makes good progress with financial restructuring

South African coal miner Firestone Energy said it has made significant progress in the transaction involving its financial restructuring. The ASX- and JSE-listed company announced a major funding agreement with a consortium of international...
23rd May 2012
 
 
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