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OIL & GAS

Technical challenges, costs limit shale gas’ global impact

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Despite the resources sector’s optimism, shale gas was expected to remain a largely regional resource over the next three years, with an uncertain global impact as a result of the increased technical challenges and higher development costs of...

By: Esmarie Swanepoel

24th May 2013

DIVERSIFIED MINERS

Australia extends helping hand to resource countries

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Federal Resources Minister Gary Gray this week released an assessment of how Australia could assist other countries to sustainably develop their mineral and energy resources. A report by Geoscience Australia details the known mineral and energy...

By: Esmarie Swanepoel

24th May 2013

BASE METALS

KBL outlines cost reduction plan

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Metals miner KBL Mining on Friday said that it was undertaking a number of cost-cutting measures, including reducing staff, in light of recent market volatility. The miner also announced that it was looking at selling equity stakes in its...

By: Esmarie Swanepoel

24th May 2013

DIVERSIFIED MINERS

Mining sector to continue facing price, currency pressures

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The mining industry would remain under pressure from unprecedented price and currency volatility for the next few years, as the sector approached demand/supply equilibrium, advisory firm Ernst & Young (E&Y) reported on Friday. In a white paper...

By: Esmarie Swanepoel

24th May 2013

COAL

Anglo's Drayton South faces more scrutiny

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New South Wales Minister for Planning and Infrastructure Brad Hazzard has called for further scrutiny of Anglo American’s Drayton South coal mine, after community concerns were raised. Hazzard said this week, that he had written to the...

By: Esmarie Swanepoel

24th May 2013

PORT INFRASTRUCTURE

Centrex welcomes govt backing

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The South Australian government has given Major Project status to iron-ore developer Centrex Metals’ Stage 2 development of its Port Spencer. In December last year, the A$250-million Port Spencer project was approved by the state government....

By: Esmarie Swanepoel

24th May 2013

HEALTH & SAFETY

Illegal miner dies at PT Antam mine

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An illegal miner was killed and five others were injured at ASX-listed PT Antam’s gold operation, in West Java, after one of the tunnels operated by the illegal miners collapsed. The company said on Friday that its emergency response group,...

By: Esmarie Swanepoel

24th May 2013

COAL

Australia coal firms dig in for years of mine closures, job cuts

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Australian coal miners are steeling themselves for years of production cuts, job reductions and asset sales as swelling shipments from international rivals lower hopes of a recovery in prices for coal. Prices have slumped around 30% since their...

By: Reuters

24th May 2013

Nickel

Norilsk changes Africa, Australia CEOs, reports first quarter outputs

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World number one nickel and palladium producer MMC Norilsk Nickel (Norilsk) has announced that the new CEO of Norilsk Nickel Africa is Michael Marriott, who was previously the Deputy Director of Norilsk’s Overseas Production Assets Department....

By: Keith Campbell

24th May 2013

PEOPLE

Glencore set to appoint Caplan as aluminium boss - source

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Trader Andrew Caplan is set to become the new head of Glencore Xstrata's aluminium division after the departure of veteran Gary Fegel, a source with direct knowledge of the situation said. A relative newcomer by Glencore standards, Caplan joined...

By: Reuters

23rd May 2013

M&A

Primero completes Cerro takeover

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Canadian gold and silver producer Primero Mining this week finalised its takeover of Brisbane-based Cerro Resources for about C$119-million, giving the Joseph Conway-led company access to a highly prospective gold project, as well as other assets,...

By: Henry Lazenby

23rd May 2013

ALUMINIUM

Glencore set to appoint Caplan as aluminium boss – source

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By: Reuters

23rd May 2013

Topics in these articles

City	Company	Country	Industry Term
Perth Koppio Brisbane SYDNEY Moscow London Toronto	Deloitte Deloitte Australia Ernst & Young Centrex Metals Aquila Resources BHP Billiton Canaccord BGF Glencore Morgans Stockbroking Rio Tinto Sumitomo Corp UBS Wood Mackenzie Xstrata BCL MMC Norilsk Nickel Nkomati Norilsk Nickel Africa Norilsk Nickel Australia Tati Nickel Century Aluminum Cerro Resources Primero Mining Santana Minerals	Australia United States East Timor Iraq Mongolia Mozambique China India Japan Botswana Finland South Africa Mexico	Coal Seam Gas Operations Gas Volumes Liquefied Natural Gas Lower Domestic Natural Gas Prices Oil Oil And Gas Oil And Gas Leader Oil And Gas Sector Shale Gas Surplus Gas Unconventional Gas Projects Energy Resources Mining Large Diversified Mining Shale Gas Production Palladium Producer Alumina Trader Aluminium Producer Silver Producer
Person	Province Or State	Region	Technology
Mike Lynn Gary Gray Jim Wall John Richards Mike Elliott Brad Hazzard Ben Hammond Don Barnett Paul Flynn Prakash Sharma Tom Price Tom Sartor Warwick Grigor Edwin Van Leeuwen Michael Marriott Wayne Venter Andrew Caplan Gary Fegel Steven Blumgart	Queensland West Java Western Australia	Asia-Pacific South Wales Asia Pacific Western Australia	Access Technology
Currency	Facility	Natural Feature	Continent
AUD USD CAD	Mineral Hill Mine Then Drayton Mine Port Spencer Australian Institute Of Company Directors University Of Johannesburg	Mineral Hill Parkers Hill Sorby Hill Sorby Hills Eyre Peninsula Lake Johnson	Asia