The Securities and Investments Commission says the ruling raises important issues as to the proper interpretation and application of Australia's Corporations Act
The once almost impenetrable brick wall to contemplate an uranium mining project in Western Australia was shown Wednesday to be a hurdle that can now be jumped.
A massive Australian coal export deal with China, seen as boosting the economy and creating jobs, would ultimately result in enormous greenhouse gas emissions, The Greens political party said.read more »
Anglo-Swiss mining group Xstrata on Monday reported a 41 per cent drop in its annual profit in 2009 and pinned its hopes on a renewed boom in commodities demand in China and other emerging economies.read more »
Chinese resources company Chinalco was offered a 19.9 per cent stake in Rio Tinto's iron ore operations and up to 45 per cent of the rest of the business in 2008, it has emerged.read more »
Further Australian Mining News Headlines from NewsMine
MUNDO MINERALS LIMITED Monday, February 08, 2010
Mundo Minerals announced that it has completed a placement of A$3.16 million through the issue of 21.04 million shares at 15 cents per share. (Complete Text of Feb 8, 2010 News Release)
IRON ORE HOLDINGS LIMITED Monday, February 08, 2010
Iron Ore Holdings announced maiden JORC compliant Inferred Minearl Resources for the Boundary prospect located in Central Pilbara, Western Australia. The inferred resource estimate for the Boundary prospect consisted of 26.7 million tonnes at a grade of 58.36% iron. Property: LAMB CREEK (Complete Text of Feb 8, 2010 News Release)
AVOCA RESOURCES LIMITED Monday, February 08, 2010
Avoca Resources announced its unaudited pre-tax half-year result for the 6 months ended December 31, 2009 consisting of $40.5 million. (Complete Text of Feb 8, 2010 News Release)
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