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…
May 24, 2011 Indians working Australian mining jobs may soon be needed back home The Australian: Australia is facing a critical skills shortage in mining and other industries, and India seemed like the perfect place to get skilled labour. However with new projects opening…
May 23, 2011 Bloomberg: Exxaro bids A$123 million for Territory in iron ore strategy South African coal miner Exxaro Resources has agreed to pay AUD$123 million for Territory Resources with the goal of producing 10 million metric tonnes of iron ore a year, Bloomberg…
May 23, 2011 Coal exports from U.S. reach 20-year high on Australia floods Bloomberg reported that a drop in coal exports following Australia’s floods pushed up exports from the US. The market news is quoted as saying: Queensland Resources Council, representing miners in…
May 23, 2011 New underground lead/zinc/silver mine in Broken Hill to start next year The Rasp underground mine in the heart of one of Australia' most historic mining centres -- Broken Hill's Line of Lode -- should be operating by April next year. Development…
May 20, 2011 Trading Room: Fortis to raise $236m for Kazakh potash mines Trading Room reports that Melbourne-based Fortis Mining Ltd has agreed to raise $236m by selling new shares and notes to investors in Hong Kong and China to buy and develop…
May 20, 2011 SMH: New South Wales freezes coal and gas exploration licences The Sydney Morning Herald reports on Friday that the state of New South Wales announced a 60-day freeze on new exploration licences for coal, coal seam gas and petroleum in…
May 20, 2011 Reports: Chinese steel giant says iron ore market is in a ‘bubble’ "Everyone who has money is rushing to invest in iron ore," Baosteel Group chairman, Xu Lejiang said on Friday, warning that supply may outstrip demand “sooner than expected” pushing prices…
May 20, 2011 Valuations of Australian iron ore companies take a hit after royalty increase Valuations of iron ore companies have been cut in response to Western Australia's controversial royalty increase, with Andrew Forrest's fast-growing Fortescue Metals taking the biggest hit. The valuation hits were…
May 20, 2011 Bloomberg: GVK said to be in talks to borrow $850m for Australia’s Hancock mines Bloomberg reports on Thursday that GVK Power & Infrastructure, a builder of airports and utilities controlled by Indian billionaire GV Krishna Reddy, is in talks to borrow as much as…
BNP backs gold price to hit $6,000 as rally ‘makes sense’ The gold-silver ratio, while still lower than its two-year average in the 80s, has bounced back, said Wilson, BNP’s director of commodities strategy. February 10, 2026 | 03:14 pm
