A 3.4% increase in the December quarter seems to indicate that the downward trend of the past five years has been finally reversed.
Western Australia Mining News
The approval of Iron Hill mine would the iron ore producer to remain in business for another two to three years.
Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.
Mining investment in Australia is forecast to fall a further 58% the next three years.
The death of the Australian worker at Cornishman Pit gold mine will be investigated by the Western Australian Department of Mines and Petroleum.
The dramatic fall was led mainly by the iron ore and coal sectors.
Iron ore producers and investors aren't the only ones getting hurt by the continuing weakness in the iron ore price.
They'll hand back more than 175,000 hectares of prime conservation land they have held since 1971 to West Australia, ditching plans to build a bauxite mine and an alumina refinery in the area.
The iron ore-rich state is the latest of Australia's debt-laden regional governments to announce a selloff of state-owned infrastructure.
The proposed mine straddles the West Australian and Northern Territory border on the Browns Range Dome and is expected to produce 279,000 kg of dysprosium a year over its 10-year mine life.
Company argues a royalty hike would jeopardize the profitability of Australia's two largest gold mines.
More than half country's iron ore shipped via export hub.
Pipeline seen saving miner millions.
They say an increase in the royalty rate for gold could destroy Western Australia’s precious metals industry.
High exploration costs are to blame.
Australian miners in the western part of the country are allegedly turning to a new version of the synthetic drug known as Venom, which is made with chemicals imported from China.
Sexually transmitted infections, relationship breakdowns, and parenting difficulties are the most common issues for doctors treating fly-in fly-out workers, according to the Australian Medical Association of WA.
The Western Australian government on Thursday introduced a phased increase on its royalty rates applying to iron-ore mines, a move it says will create A$1.9bn in additional revenue. Australia’s Association of Mining & Exploration Companies […]
Paladin Energy Ltd-Mark Chalmers takes on role of executive general manager-production, on departure of Wyatt Buck
Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") advises that Wyatt Buck, Executive General Manager – Production will be leaving Paladin in May. He has decided to change direction and depart the uranium sector, taking a senior role with a company focussed on other commodities. We wish Wyatt all the best in his new venture and, on behalf of myself, management and the Board, sincerely thank him for his contribution and dedication over the past 5 years during a time of great growth for the Company.
Laconia Resources, a Perth-based exploration company, purchased Jabiru Metals Limited (ASX: JML) equity in the Lennons Find Base Metal project in the Pilbara region of Western Australia. Laconia made the announcement on Wednesday in a statement. Laconia also agreed to purchase Shaw River Resources (ASX: SRR) 100% interest in the nearby Yandicoogina project, located less than 10km along strike from the Lennons Find project.
Southern Cross Goldfields says it has picked up high-grade, near-surface gold mineralisation at its King Brown prospect in W. Australia's Yilgarn goldfield