Tunkillia gold/silver project, Australia

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

Company Announcement: Apollo secures Kango North Iron Project in West Africa

The Board of Apollo Minerals is pleased to announce that the Company has acquired a 70% interest in a newly granted mineral exploration licence in coastal Gabon, Central West Africa.

BHP may delay at least two mega projects to rein in spending

BHP Billiton, the world's biggest miner, is likely to delay signing off on at least two mega projects after its chairman put the brakes on an $80-billion plan to grow the company's iron-ore, copper and energy operations, analysts say. Slumping...

Govt working with miners, including BHP, to encourage investment – Swan

Federal Treasurer Wayne Swan said that he was not harboring any fears that diversified miner BHP Billiton would slow its investment in Australia on the basis that the country was less investor friendly. He was responding to comments made earlier...

Australian govt releases 27 areas for exploration

The federal government on Monday announced the exploration acreage release, comprising 27 areas across nine basins in Commonwealth waters off Western Australia, the Northern Territory, Victoria, South Australia and Tasmania. Using the Australian...

Argonaut wants S Australia govt to focus on legislation change

ASX-listed Argonaut Resources on Friday welcomed the Australian High Court’s decision to reject an application by the South Australian government to appeal against a Supreme Court decision that overturned an approval by the Aboriginal Affairs...

Australia needs more pro-mining policies, says Sacome CEO

The South Australian Chamber of Mines and Energy (Sacome) has called on the federal government to impose more pro-mining policies to support the industry that finances the country’s economy. In a statement released on Thursday, Sacome CEO Jason...

Australia gets reality check on commodities: Clyde Russell

There is a creeping realisation inside Australia that the nation's commodities boom is becoming harder work, with project costs blowing out and questions over whether there will be enough demand from Asia. Australia's economic success of the past...

Indian firm takes up stake in Apollo

Indian conglomerate Jindal Steel and Power has taken a 9.25% shareholding in ASX-listed junior Apollo Minerals, as part of a A$3.6-million capital raising. Apollo Minerals on Tuesday confirmed that it would place some 89.5-million new shares, at...

Iluka slashes zircon production forecast as demand dwindles

Mineral sands miner Iluka on Tuesday cut its zircon production forecast for 2012 by some 70 000 t, to 430 000 t as demand for the product continued to waver. The miner had previously stated that it would take some time for a clear view of 2012...

Santos warns of NSW gas shortage

New South Wales, which imports 95% of its gas from South Australia and Victoria, could potentially face a significant gas supply shortage as early as 2017, if coal seam gas (CSG) resources weren’t developed soon, oil and gas major Santos warned...

Mining investments driving Australian growth

The resources sector accounted for nearly half of the A$450.2-billion worth of major investment projects under way or committed to in Australia, Deloitte Access Economics reported on Wednesday. In its quarterly Investment Monitor, Deloitte noted...