February 14, 2012

Boom wins $100m BHP contract

Crane logistics provider Boom Logistics has signed a five-year deal to provide services to BHP Billiton's Olympic Dam maintenance operation in South Australia.

February 14, 2012

Teck buy-in rumour has Fortescue shares jumping 5%

Fortescue Metals was up 5% Monday on rumours that Canadian coal and copper/zinc miner Teck Resources is making a play for the third-largest iron ore producer in Australia.

February 13, 2012

Indian group plans Qld’s biggest coal mine

An Indian conglomerate is planning to build Queensland's biggest coal mine near Rockhampton in the state's central region, including a new town, runway, railway and port facilities.

February 13, 2012

Australian mines desperate for skilled workers

Mining companies in Australia are considering to fly foreign workers directly to their operations as the country, particularly the north-east state of Queensland, struggles to fill massive job shortages, reports…

February 12, 2012

Rio Tinto loses appeal on worker agreements

Mining giant Rio Tinto has lost a bid to appeal to the High Court over an employment agreement with its Pilbara iron […]

February 12, 2012

BHP Billiton not ruling out production cutbacks

GLOBAL mining giant BHP Billiton yesterday warned that it could scale back production at unprofitable operations as commodity prices softened due to economic uncertainty. But BHP chief Marius Kloppers said…

February 12, 2012

‘To buy gold or not to buy gold That is the question’

Former investment bank Mark Carnegie says gold would be a good hedge Source: The Australian TO buy gold or not to buy gold? That is the question. That may depend…

February 12, 2012

Rio Tinto’s Diamond Income +6.6 pct in 2011

Heavy rains at Argyle (above) in 2011 led to lower production and a need to add $0.5 billion to the underground project (IDEX Online News) – Rio Tinto diamond revenues…

February 10, 2012

Golden age for Newcrest as it rakes in net profits at a rate of $110 million per month

When asked if shareholders could be rewarded with a special dividend Newcrest chief executive Greg Robinson said such a move was ''always on the cards'' in times of plenty.

February 10, 2012

ABB completes acquisition of Mincom

Swiss engineering company ABB, through its subsidiary software developer Ventyx, announced that it has completed the organizational integration of Mincom, an Australian leading global supplier of enterprise asset and work…