August 16, 2011 BHP profit to top $2.5 million per hour The market is expecting BHP Billiton to post record-setting annual profits of $US22.1 billion next week on revenues forecast to be a staggering $71.9 billion. BHP investors, whose stock has…
August 16, 2011 Macmahon awarded several Australian mining contracts Contract mining and construction firm Macmahon Holdings has secured various Australian mining contracts worth $90m. The first contract involves predevelopment work adjacent to current operations at BHP Billiton Iron Ore's…
August 16, 2011 Macarthur says coal expansion on track Takeover target Macarthur Coal says it remains in a strong position to double its 2009 production levels by the 2014 financial year. The company said it was on track to…
August 16, 2011 OZ Minerals reports revenues of $632.7 million in its half year financial results Oz Minerals reported its half year financial results on Monday. Highlights were revenue of $632.7 million, and reported net profit after tax of $113.9 million with underlying net profit after…
August 16, 2011 Toro looking for JV partners for Wiluna uranium project PERTH (miningweekly.com) Uranium hopeful Toro Energy on Tuesday said that it was looking at various options to fund its A$300-million Wiluna project, in Western Australia, including introducing a joint venture…
August 16, 2011 Sheffield declares maiden resource at WA mineral sands project PERTH (miningweekly.com) ASX-listed Sheffield Resources has declared a maiden resource estimate for its Yandanooka heavy mineral sands project, in Western Australia. The project is now estimated to host around 1.84-million…
August 16, 2011 Jack Hills iron-ore expansion gets EPA approval The Western Australian Environmental Protection Authority (EPA) has given the nod for the proposed expansion of ASX-listed Murchison Metals’ Jack Hills project. The EPA determined that the proposed mine expansion,…
August 16, 2011 Macmahon slump ‘unacceptable’ Macmahon has come within a whisker of posting a full-year loss due to writedowns and the impact of Australia's wet season.
August 15, 2011 Yukon-Nevada Gold closes $120 million agreement with Deutsche Bank Yukon-Nevada Gold announced that it has closed the Forward Gold Purchase Agreement with Deutsche Bank AG. Deutsche Bank has funded a US$120 million prepaid gold forward facility to Queenstake Resources…
August 15, 2011 Newcrest ASX:NCM Shows the Future of Gold Miners Newcrest ASX:NCM has demonstrated what is in the future for Gold miners, Bigger Profits! The strong rise in gold has to some extent escaped the eye of investors and many…
Vale faces renewed safety concerns after mine water overflows The incidents, near the towns of Ouro Preto and Congonhas, left no injuries, the companies and Minas Gerais' government said. January 26, 2026 | 01:57 pm