Australia

Apache Corporation pulling out of proposed Kitimat LNG project

Daily Oil Bulletin | August 1, 2014
Apache Corporation pulling out of proposed Kitimat LNG project

The liquefied natural gas project planned for Kitimat, B.C., faces an uncertain future.

Iron ore price bulls are back

Frik Els | August 1, 2014
Iron ore price bulls are back

But prediction of a rise above $100 a tonne in the "near future" may not be enough for smaller producers as the big three flood markets.

Australia's Queensland resumes uranium mining

Cecilia Jamasmie | July 31, 2014
Australia's Queensland resuming uranium mining

Nuclear energy production and waste disposal remain under a ban.

Aussie model's naked war on coal

Frik Els | July 31, 2014
Aussie model's naked war on coal

Robyn Lawley, Australian fashion model and environmental campaigner is using social media to protest the approval of a massive new coal mine in Queensland.

Aussie miners new dilemma: ore reserves up, exploration down

Cecilia Jamasmie | July 31, 2014
Aussie miners new dilemma: ore reserves up, exploration down

Half the firms surveyed by PwC reported an increase in their reserves compared to the previous financial year.

Coal exporters not backing down despite glut; could China enter the market too?

SNL Energy | July 30, 2014
Coal exporters not backing down feat

No signs of production slowdown in major coal-exporting countries.

Activist Casablanca Capital wins battle for Cliffs

Cecilia Jamasmie | July 30, 2014
Activist Casablanca Capital wins battle for Cliffs

The fund, with just a 5.2% stake in Cliffs, has vowed to sell or spin the miner's international operations.

Newmont to spend $900 million to develop Suriname gold mine

MINING.com Editor | July 29, 2014
shutterstock dump truck 400

Gold reserves of 4.2 million ounces at an average grade of 1.22 grams per tonne

BHP to complete Olympic Dam expansion years from now

Cecilia Jamasmie | July 29, 2014
BHP to complete Olympic Dam expansion years from now

The company revealed it will take four years to trial a processing method it hopes will help make the expansion profitable.

Orica fined $750,000 over chemical spills, safety breaches

Cecilia Jamasmie | July 29, 2014
Orica fined $750,000 over chemical spills, safety breaches

It’s the largest penalty ever issued for any of the EPA’s land and environment related prosecutions.

Global mining sector on the way up, but recovery still slow

Cecilia Jamasmie | July 29, 2014
Global mining sector on the way up, but recovery still slow

The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.

Aussie miners see more doom and gloom ahead

Frik Els | July 29, 2014
Aussie miners see more doom and gloom ahead

Survey shows 9 out of ten Australian mining execs see few positives over next 12 months.

Australian environmental watchdog approves Cameco uranium mine

Cecilia Jamasmie | July 28, 2014
Australian environmental watchdog approves Cameco uranium mine

Western Australia's Environmental Protection Agency (EPA) recommended state approval for the project, under certain conditions.

Australia’s newest and biggest coal mine gets federal approval

Cecilia Jamasmie | July 28, 2014
Australia’s newest and biggest coal mine gets federal approval

The controversial US$15bn Carmichael Coal Mine and Rail Project is being developed by Indian conglomerate Adani Group.

Miners need to overhaul business model to boost productivity: study

Cecilia Jamasmie | July 25, 2014
Miners need to overhaul business model to boost productivity: study

Cost reduction measures in the mining industry could well have undermined the sector's productivity, which remains down, according to a new EY report.

Macarthur Minerals announces closing of AUD$2.24 million private placement financing

Market Wire | July 25, 2014

Pleased to announce.

This Aussie town lets people pay for a hotel room with gold

Cecilia Jamasmie | July 24, 2014
This Aussie town lets people pay for a hotel room with gold

They can also buy a car and even pay visits to the local doctor with the shiny yellow metal.

Rio Tinto planning Australia’s largest iron ore mine

Cecilia Jamasmie | July 23, 2014
Iron ore price bulls are back

The 70 million tonne-a-year project in the Pilbara is meant to replace other Yandicoogina’s areas that are running out of ore.

UN opens up more deep sea areas for mining, issues seven new licences

Cecilia Jamasmie | July 23, 2014
UN opens up deep sea for mining, issues seven new licences

State-owned and private companies from the UK, Germany, India, Brazil, Singapore and Russia are among those to benefit from the seabed regulator’s decision.

BHP Billiton wants bigger share of the iron ore market

Cecilia Jamasmie | July 23, 2014
BHP Billiton wants bigger share of the iron ore market

BHP’s major vote of confidence in iron ore proves the company trusts it can mine the bulk commodity for less than many rival producers, and thrive even in an environment of weakening prices.

Anglo American iron ore division earnings fall, but beat estimates

Cecilia Jamasmie | July 22, 2014
Anglo American iron ore division earnings fall, but beat estimates

Anglo's unit Kumba plans to almost double production by 2030.

Newcrest shareholders sue miner over disclosure breaches

Cecilia Jamasmie | July 22, 2014
Newcrest shareholders sue miner over disclosure breaches

The miner, which has already settled for $1.2 million with the Australian Securities and Investments Commission, has vowed to vigorously defend the class action.

AngloGold Ashanti signs gas deal for Aussie mines

Jeffrey Richmond | July 21, 2014
anglogold ashanti signs gas deal for aussie mines feat

Pipeline seen saving miner millions.

Work resumes at New Zealand Escarpment coal mine

Cecilia Jamasmie | July 21, 2014
Work resumes at New Zealand Escarpment coal mine

Current activities are paving way for coal storage, site infrastructure and initial earthworks for the installation of water management systems.

VIDEO: Dump truck on highway is hauling A LOT of loads

Michael Allan McCrae | July 20, 2014
dump truck

Count them.

Vale sees iron ore prices coming back to historical levels

Cecilia Jamasmie | July 17, 2014
Vale sees iron ore prices coming back to historical levels

CEO Murilo Ferreira thinks the ore may get close to 2011’s peak of $168 a ton.

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