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Australia News Digest
Monday 20 November 2017
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“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

Miners' lawyers filed documents late Thursday requesting that the presiding judge suspend two civil suits from 2015 Samarco dam spill.

According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.

BMI predicts that iron ore prices will remain on a long-term gradual downtrend until at least 2021.

It's the eighth diamond of over 100 carats recovered this year, and the seventh in just 2.5 years of commercial mining.

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

Pilbara Minerals has announced a potential joint venture with two South Korean companies to develop a lithium processing facility in the Asian country.

The mining giant will add those jobs during the next 12 months.

Mining giant is eying the 32% interest in SQM that PotashCorp is selling to fulfill China's regulators condition for the approval of the its friendly merger with smaller rival Agrium.

The Century zinc mine in Queensland could be churning out ore again thanks to a $52.9 million private placement raised by owner New Century Resources (ASX:NCZ).

Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.

Owner, Australian Kingsgate Consolidated, will begin arbitration under the Thailand-Australia Free Trade Agreement (TAFTA) to try to recover “the substantial losses” it has incurred.

Samarco said it would resume talks with two unions on Friday following Thursday meetings on the need to reduce staff to 1,135 from 1,735.

MPi, a recruitment and human resources business based in Australia, asked those who work in the industry. Here's what they said.

More than in the past, the population is divided on whether globalization is a force for good or not.

All over the world, it seems, geologists are revisiting old mine plans in a collective new zinc rush.

Glencore has extended a lockout of 190 workers at Oaky North mine in eastern Australia for a further two weeks.

Australia’s mining industry is world-class, contributing AUD$236 billion to the national economy. This contribution is largely a product of the country’s substantial and diverse ore deposits.

Shareholders of miner Stratex International blocked reverse takeover of Australian-listed Crusader Resources and voted CEO Marcus Engelbrecht out of office.

1 Year Iron Ore Fines Price
6 Months Thermal Coal CAPP Price
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