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Mining tax now a Coalition dilemma

Amid the tumult of last week's visit by the US President, Barack Obama, Julia Gillard's focus remained squarely on the domestic agenda and the week ahead. On Thursday, sometime around Obama meeting the Prime Minister and her cabinet and his add...

Rinehart gets nod for $2.2 billion coal railway project in central Queensland

Mining billionaire Gina Rinehart has retained the right to build a controversial coal rail corridor in central Queensland, after the state government successfully quashed a Supreme Court challenge led by QCoal. Rinehart’s Hancock Coal won approval from the Bligh government late last year to build a $2.2 billion railway from its Alpha Coal Mine in the Galilee Basin, about 360 kilometres southwest of Mackay, to the Abbot Point coal port near Bowen.

Green lobby seeks coal mine ban for Cape

Powerful green lobby group The Wilderness Society will pressure Labor and the LNP to rule out coal mining in Cape York ahead of the next Queensland state election. The environmental group expressed alarm on Wednesday at the proliferation of applications
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Top retailer warns diamonds aren’t every investor’s best friend

Despite flagging itself as a possible buyer, North American company Harry Winston has warned the big miners they will find a ''narrowed field'' of suitors for their diamond mines.