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Australia Mining News
Trapped miners were brought to the surface through ventilation shafts.
Beijing to set up tracing system to determine and certify the origin of the materials.
FTSE 100 reweighting to take place in March.
Picks up private Australian nickel and gold mine and stake in Manitoba copper mine from VMS Ventures.
Nautilus Minerals Inc. announces that the Solwara 1 Joint Venture (comprising Nautilus 85% and Eda Kopa (Solwara) Limited 15%) has taken delivery of the three Seafloor Production Tools (“SPTs”) from Soil Machine Dynamics Limited’s facility in Newcastle upon Tyne.
The company is said to be wanting to offload its Barro Alto nickel mine and the vast Minas-Rio iron ore complex.
More than 200 delegates from the mining, renewable energy and finance sectors attended this event.
A new EY report shows the value of a typical fleet of mining equipment has fallen 64 per cent in just two years.
These high-grade mines will soon start competing with gold mining's industry leaders.
BHP Billiton began evacuating workers from its Port Hedland export facilities early Friday.
The besieged miner plans to lower costs at its iron ore mines after boosting total annual output for the steelmaking ingredient.
The global coal industry is being squeezed by competition from cheap gas, declining demand and clean-air regulations that have raised costs for burning the fossil fuel.
New warnings about impact of super-concentrated supply of steelmaking raw material.
The ratings agency expects physical supply/demand imbalance to widen further, leaving miners in extremely weak conditions.
Bullion prices are also set for a gradual recovery this year as demand increases in Asia and mine production contracts.
The company has now at least 60 days to come up with a plan to address and fix pollution problems tied to its operations Tubarão, one of Vale's most important ports.
Good news for Greenland Minerals and Energy, which is aiming to develop a massive uranium and REE deposit in southern Greenland.
Clive Palmer could walk away from the administration linked to his Queensland Nickel refinery without losing the assets and leave creditors out in the cold.
From 2005 to 2015 Chile's copper output rose a mere 8%, while Peru’s grew 37%, China’s 114%, Zambia’s 72% and Congo’s 956%.
The suspension of activities at Vale's Port of Tubarão, ordered by a Brazilian federal court on Thursday, is likely to cause strong reaction in the global iron ore market.
Top miners BHP Billiton, Rio Tinto, Vale and Anglo American are among the firms at risk of rating downgrade.
The asset writedown is primarily related to two Latin American assets — Pascua Lama project, on the border of Chile and Argentina and Pueblo Viejo, in Dominican Republic.
As the world prepares to house, feed and care for 9.7 billion people, Ahead of the Herd founder Rick Mills is looking for the companies that will profit from the silent tsunami of demand creeping up on resource and healthcare providers.
He said he would open up after a creditors meeting next week in Townsville, where his his Queensland Nickel company is based.