Company Announcement: Thousands of Sydney workers joining mining boom

Thousands of Sydney workers are directly benefiting from the NSW mining industry making it essential that mining in our State is supported by sound government policies

Company Announcement: Land Use Plan To Hit Jobs And Wages in New England North West

The NSW Government’s draft Strategic Regional Land Use Policy will hit the New England North West region with a 5 per cent drop in gross regional product

State capitalism: Is it a rival to market capitalism?

Since the start of the current global economic crisis in 2008, there has been renewed interest in the concept of ‘State capitalism’, as distinct from ‘market capitalism’. (The term ‘liberal capitalism’ is shorthand for ‘liberal...

Is it a rival to market capitalism? And how does it affect the natural resources industries?

Since the start of the current global economic crisis in 2008, there has been renewed interest on the concept of “state capitalism” as distinct from “market capitalism”.

Australian mining productivity falls

Labour productivity in the Australian mining sector declined by 1.4% in the second quarter of the 2012 financial year, consultancy firm PricewaterhouseCoopers (PwC) said on Wednesday. The decline was attributed to sluggish output growth.

Africa emerges as new frontier for gold M&A

At the massive Prospectors and Developers convention, it's not hard to find a table full of mining executives huddled in conversation, their voices muffled by the din of thousands of participants at the event. With gold prices steady above $1...

Australia seen as popular destination for mining deals

Australia accounted for some 22% of merger and acquisition (M&A) market share value in 2011, but the position as a popular destination for acquisitions became harder to maintain, as the country competed with Africa and other growth markets,...

Sarawak ferroalloy smelting project, Malaysia

The project includes the construction of a ferroalloy smelter, with a production capacity of 600 000 t/y of ferroalloys, in Sarawak.

Profits of Australian midtier miners soar

Australia’s top 50 midtier miners saw net profits soar to A$2.4-billion this year, from A$38-million in 2010, advisory firm PricewaterhouseCoopers (PwC) said on Tuesday. Surging demand for iron-ore, coal, gold and copper, lead by developing...

Mining productivity drops, but still Australia’s most productive sector

Mining remains Australia’s most productive sector, despite a 18.5% drop in productivity in the 2011 financial year, PricewaterhouseCoopers (PwC) reported on Monday. Mining is still the most productive of 16 sectors in the country with a gross...

MDN plans to list Quebec tantalum project

MDN Inc. aims to spin off its Crevier niobium and tantalum project in Quebec in a new Toronto listing late this year or early in 2012, CEO Serge Bureau said on Wednesday. First, the company plans on bringing a strategic partner on board to assist...

Company Announcement: Chief Financial Officer Appointment

Attached please find a press release on: Universal Coal Limited (ASX: UNV) has announced the appointment of Daryl Edwards as Chief Financial Officer with effect from 15 June 2011.