June 1, 2011 Forrest steps down as CEO of Fortescue to become chairman Andrew Forrest, the high profile chief executive of major new Pilbara iron ore miner Fortescue Metals Group Ltd (ASX: FMG), as stepped […]
June 1, 2011 Australia’s proposed carbon tax could raise sovereign risk, ruin coal industry – miners Mining giants warned Australia on Wednesday that its planned carbon-reduction scheme could cost the industry as much as $25 billion through 2020, cut coal production by a third and send…
May 31, 2011 Azumah strengthens Australian links in Ghana Azumah Resources Ltd (ASX: AZM) said today it has secured an 11% stake in Castle Minerals Ltd (ASX: CDT) through a holding of 11.081 million shares. Azumah's managing director Stephen…
May 30, 2011 Australia warns resources firms to be vigilant for cyber attack Australia's government urged companies on Monday to tighten vigilance over cyber attacks launched offshore against some of the world's biggest resource firms and other businesses, warning high-tech threats were intensifying.…
May 26, 2011 Fortescue drops $1 billion term loan raising Australia's Fortescue Metals said on Thursday that due to weak credit market conditions it had dropped plans to proceed with a previously announced $1 billion unsecured term loan facility. The…
May 25, 2011 New merged mid-tier gold company aims for 800,000 oz by 2015 Chief operating officer of Alacer Gold Corporation Louw Smith told the Resources and Energy Symposium in the Australian mining city of Broken Hill that there were growth developments at both…
May 25, 2011 SMH: Iron ore queen Gina Reinhart tops billionaires club The boom in resource industry wealth flowing from iron ore and coal exports to China and India has created a record number of billionaires in Australia, reports the Sydney Morning…
May 25, 2011 Resourcehouse’s fourth crack at Hong Kong listing delayed as commodity prices slump Hot on the heels of a lacklustre listing by Swiss commodities and mining behemoth Glencore, news comes of another multi-billion dollar natural resources IPO going awry. Resourcehouse planned to raise…
May 25, 2011 Breakthrough in rare earths processing technology Australian rare earths company Arafura Resources has successfully completed the hydrochloric acid regeneration program, a key part of its wider, previously reported technology program. The process involves taking calcium chloride…
May 25, 2011 Nickel process technology company set to list on ASX The executive chairman of private company Direct Nickel Julian Malnic told the Resources & Energy Symposium in Broken Hill in New South Wales that the company was currently moving to…
Production at Codelco’s El Teniente mine to remain at lower level next 5 years, executive says Codelco, the world's largest copper miner, had previously said that production would be hit for the next three years. February 10, 2026 | 07:24 am
