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COAL

Aquila declares maiden resource at Injune

Diversified junior Aquila Resources has declared a maiden resource of 826.9-million tons for its Injune thermal coal project, in Queensland. Executive chairperson Tony Poli said on Friday that the maiden resource estimate included a measured and...
4th May 2012
 
COAL

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...
2nd May 2012
 
COAL

Queensland court dismisses Vale’s Belvedere appeal

The Queensland Supreme Court has closed off Brazilian giant Vale’s last avenue of appeal in its dispute with diversified junior Aquila Resources, regarding the value of the Belvedere hard coking coal project. The Court of Appeals has dismissed...
2nd April 2012
 
COAL

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...
24th November 2011
 
IRON-ORE

Aquila says West Pilbara project to cost more

Diversified miner Aquila Resources on Tuesday confirmed that the development costs for its West Pilbara iron-ore project were likely to increase. In response to an article in local media, Aquila chairperson Tony Poli said that although the...
15th November 2011
 
PORT INFRASTRUCTURE

Anketell port may be 100Mt/y development – Aquila

The executive chairperson of diversified miner Aquila Resources, Tony Poli, this week said that the latest discussions with government regarding the proposed Anketell port was suggesting an initial capacity of 100-milion tons a year. Aquila,...
9th November 2011
 
IRON-ORE

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%...
9th August 2011
 
COAL DISPUTE

Aquila says two more Isaac Plains coal shipments missed

ASX-listed diversified miner Aquila Resources on Wednesday warned that conditions at its Isaac Plains coal mine, in Queensland was reaching critical state, as negotiations regarding a coal sale agreement with joint-venture (JV) partner Vale...
22nd June 2011
 
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Meletse iron-ore project, South Africa Restricted

The Meletse iron-ore deposit is estimated to host around 48-million tons of iron-ore, grading 63% iron.
17th June 2011
 
IRON-ORE

Aquila studying 2Mt/y iron-ore mine in Limpopo

Australian diversified miner Aquila Resources has completed the scoping study for the Meletse iron-ore deposit, which forms part of the Thabazimbi project, in South Africa’s Limpopo province. Capital costs for the project have been estimated at...
13th May 2011
 
IRON-ORE

Aquila says 10Mt/y Hardey project to cost A$1,6bn

A prefeasibility study of Aquila Resources’ Hardey iron-ore project, in Western Australia, has confirmed the technical and financial viability of a ten-million-ton-a-year project, which could operate for 14 years. The study found that...
12th May 2011
 
COAL

Aquila's Eagle Downs coal resource increased by 61%

Diversified miner Aquila Resources has reported a 61% increase in the Joint Ore Reserves Committee (Jorc) compliant reserves for its Eagle Downs hard coking coal project, in Queensland. The project is estimated to host a proven and probable...
11th April 2011
 
 
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