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FATALITY

BHP probes Worsley alumina refinery death, operations normal

lobal miner BHP Billiton is investigating the death of a worker at its Worsley alumina refinery in Australia, the company said in a statement. Operations at the refinery were continuing normally following Monday's incident, it added.
30th September 2014
 
COAL

Australia rail group Aurizon warns ruling could hit coal investment

Australian rail haulage group Aurizon on Tuesday warned a smaller-than-expected government cap on revenue of A$4.02-billion ($3.50-billion) it can generate from its key Queensland state operations could hurt future investment in the sector. The...
30th September 2014
 
CAPITAL RAISING

Lynas shares extend losses as it announces A$83m raising

Rare earths producer Lynas has announced plans to raise as much as A$83-million through an entitlement offer and institutional placement. ASX-listed Lynas said the new equity would strengthen the company’s balance sheet and provide it with...
30th September 2014
 
IRON-ORE

Smacked by Ebola, low prices, West Africa iron mining faces reshape

Tonkolili Plunging prices and the spread of Ebola are reshaping the iron ore mining sector in West Africa where some companies risk sinking if they cannot find new partners, lenders or owners. West African iron ore miners already are in a critical situation...
30th September 2014
 
Company Announcement

Gold14@Kalgoorlie: An International Symposium in the home of Australia’s gold industry PDF Available

Kalgoorlie, home of the Super Pit, is the perfect location for the Australian Institute of Geoscientists Gold14@Kalgoorlie Symposium to be held between 8-10 October.  The symposium will be a truly international event, with delegates attending...
29th September 2014
 
DIAMONDS

Kimberley Diamonds denies talk about Botswana mine sale

Australia-based Kimberley Diamonds Limited (KDL) has no intention of selling its Lerala diamond mine, in Botswana, the company confirmed on Monday. “It has come to the board’s attention that there have been rumours in the market that KDL is...
29th September 2014
 
EXPLORATION

Toro and Areva team up on NT uranium exploration

Uranium developer Toro Energy has signed a farm-in and joint venture (JV) agreement with the Australian division of global nuclear energy group Areva to explore in the Northern Territory. The agreement covers a tenement package of 2 292 km2 in the...
29th September 2014
 
COAL

Sumitomo, Vale to shut Isaac Plains coal mine due to low prices

Japan's Sumitomo Corp said on Monday it and partner Vale SA will shut down their Isaac Plains coal mine in Queensland, Australia by the end of January next year because of the slump in coal prices. The Isaac Plains mine, located in the coal-rich...
29th September 2014
 
COAL

Trains roll at Australia coal port after protester removed

Train movements resumed on Monday at Australia's Newcastle port, the world's largest coal export terminal, hours after a protester disrupted operations by chaining himself to tracks, the national rail network operator said on Monday. Australian...
29th September 2014
 
COAL

Peabody urges advanced coal use in energy poverty, emissions fight

In light of the twentieth United Nations (UN) Climate Conference held this week in New York, US coal producer Peabody Energy on Friday urged the greater use of advanced coal to fight energy inequality and improved emissions. The NYSE-listed...
26th September 2014
 
GOLD

AngloGold Jersey share register open after UK termination

AngloGold CEOSrinivasan Venkatakrishnan Holders of ordinary AngloGold Ashanti shares on the Jersey register will be able to trade their shares on the other exchanges where the gold-mining major is listed for 12 months. The shares of the gold-mining major have ceased trading on the main...
26th September 2014
 
COAL

Coal pricing more stable at home where Exxaro outlines R16bn capex plan

Exxaro's Grootegeluk mine Coal pricing was more stable in South Africa’s domestic market than in export markets, where South Africa was competing with Colombia and Russia for European market share and with Australia for Indian business, JSE-listed Exxaro said on Friday,...
26th September 2014
 
 
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Pallinghurst invests in low-energy smelt... Video
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Eskom passing its pressures on to gold... Video
AngloGold Ashanti restructuring Video
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Sasol repositions itself for gas-based future Video
Sasol expects R4bn in restructuring savings,... Video
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Geovic confident on Cameroon cobalt... Audio