November 23, 2011

Mitsubishi buys out partner in Australia iron ore project

Japan's Mitsubishi Corp has agreed to buy its partner Murchison Metals' stakes in an iron ore development and a port and rail project in Western Australia for A$325 million ($315…

November 22, 2011

Fire evacuates coal mine in Australia

No injuries were reported in an underground fire that evacuated a coal mine in New South Wales. Australian Mining said the fire broke out in the longwall following the ignition…

November 22, 2011

Magma to spin-out its West Australian gold projects

Magma Metals Limited (TSX:MMW)(ASX:MMW) ("Magma" or the "Company") is pleased to advise that it intends to spin-out its West Australian gold projects in a new gold focused exploration company, to…

November 22, 2011

Australia’s mining tax passes biggest political hurdle

Australia’s plan to impose a 30 percent tax on its booming iron ore and coal sectors cleared its biggest political hurdle on […]

November 22, 2011

Pike hydro mining operator worried mine could blow up

The former hydro-mining operator at Pike River says he left the mine after only three months because he was worried it could blow up.

November 21, 2011

Talga Gold – Further High Grade Drill Results from Talga Talga project in WA’s Pilbara

Talga Gold Limited (ASX: TLG) reports that final one metre assay results have been received from a 35-hole Reserve Circulation (RC) drilling exploration program at the Company's 100% owned Talga…

November 21, 2011

ABB awarded $24 million mine hoist order

ABB, the leading power and automation technology group, recently won a $24 million order to supply a complete ore hoisting solution for Xstrata Zinc's George Fisher Mine (GFM) located near…

November 21, 2011

White Energy bleeds as partner bails out

White Energy shares were pushed to new lows on Monday as it disclosed the rupture of negotiations with its Indonesian joint partner, exposing it to a $100 million loss on…

November 20, 2011

Marmota Energy – Maiden Inferred Resource at Saffron Deposit on Junction Dam Uranium Project

Marmota Energy Limited (ASX: MEU) is pleased to announce an initial resource estimate of 4.36 million tonnes (Mt) U3O8 for its Saffron deposit, one of four prospects identified by the…

November 18, 2011

Australia’s Gryphon advances gold discovery in Burkina Faso

Active Australian gold explorer, Gryphon, today announced significant new drilling results at its Samavogo prospect. Gryphon Minerals Ltd (ASX: GRY indicated today that the latest drilling could enhance the already-established…