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2 days ago
The numbers are helped by the evelopment of a big offshore gas field and growing global demand for minerals
3 days ago
Customers for zinc from Australia's big Century zinc mine are having to look to buy concentrate elsewhere as stockpile runs out following pipeline burst. European smelters stand to be worst affected.
3 days ago
The image of Perth-based Tony Sage got another polishing today when his mining house disclosed it was behind what is believed to be Australia's biggest resource float this year.
4 days ago
One of Western Australia's emerging iron ore companies, Cape Lambert Iron Ore Ltd has picked up the copper cathode process plant and leases that were part of the assets of troubled Queensland company Matrix Metals Ltd.
8 days ago
The state wants to double their royalties to bring them on par with other miners in the state
NEWS | London, United KingdomAnglo-Australian miner Rio Tinto PLC (RTP) Friday said it would receive proceeds of at least $741 million from the initial public offering of western U.S. coal producer Cloud Peak Energy Inc. read more »
NEWS | London, United KingdomAngloGold Ashanti and De Beers will start an offshore search for gold off the coast of New Zealand as part of their newly formed joint venture. read more »
NEWS | Sydney, AustraliaWorld Australian mining companies need to open themselves up to foreign investment if they are to reap the benefits of the global resources boom, according to BHP Billiton chief executive Marius Kloppers. Amid signs that global commodity demand is read more »
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Further Australian Mining News Headlines from NewsMine
IMPERIAL CORPORATION LIMITED and PEEL EXPLORATION LIMITED
Friday, November 20, 2009
Peel Exploration announced the company has completed the settlement of the acquisition of the May Day mining lease (ML1361), located in New South Wales, Australia. All conditions precedent to the settlement have been met. Accordingly, Peel Exploration has issued 2,750,000 ordinary shares to Imperial Corporation in consideration for the property, and paid $43,000 to the NSW Department of Primary Industries as bond relevant to ML1361.
Property: MAY DAY-COBAR
(Complete Text of Nov 20, 2009 News Release)
MUTINY GOLD LIMITED
Friday, November 20, 2009
Mutiny Gold Ltd has, following its recently completed “first phase” drilling program and review of all available historical data, delineated gold mineralisation range of 400,000 to 750,000oz, with grades predicted to be between 2 – 4 g/t, at the Bounty gold prospect within the company’s White Well Gold Project in Western Australia. Mutiny is currently planning extensive follow-up exploration program to commence in Q1 2010.
Property: WHITE WELL - MUTINY
(Complete Text of Nov 16, 2009 News Release)
EASTERN IRON LIMITED and PLATSEARCH NL
Friday, November 20, 2009
Eastern Iron has commissioned a preliminary study of the overall economic potential of Eastern Iron’s Cobar and Main Line projects, NSW, Australia. The study outlined the concepts behind the development of a low capital cost, 1.5 Mtpa direct shipping operation at a specific Eastern Iron deposit within the Cobar project area - the Belah Tank prospect. The design concept proposed that the ore be dry screened and pre-concentrated through magnetic separation before being trucked to a rail siding at Hermidale and railed to the Port of Newcastle.
Property: EASTERN IRON PROJECT and MAIN LINE
(Complete Text of Nov 19, 2009 News Release)
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