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CORPORATE ACTIVITY

Antares shareholders vote to keep board

The shareholders of ASX-listed Antares Energy on Wednesday threw their support behind the company’s board, subverting a call from shareholder Lone Star Value Management to replace the current board. In May, Lone Star, which owns a 6%...
23rd July 2014
 
DIVERSIFIED MINERS

WA iron-ore and Qld coal shine in BHP’s 2014 financial year

Diversified miner BHP Billiton has exceeded its production guidance at its Western Australia iron-ore and Queensland coal divisions during the 2014 financial year. “Our focus on productivity has resulted in a significant improvement in...
23rd July 2014
 
COAL

Peabody Energy’s Q2 revenue, loss beat Wall Street expectations

A surprise improvement in coal miner Peabody Energy’s revenue for the three months ended June helped it post a loss a share on Tuesday that beat the average estimate of 22 Wall Street analysts. The NYSE-listed miner, with operations in the US...
22nd July 2014
 
SHALE ENERGY

Anti-fracking lobby seeks new moratorium, keeps legal powder dry

Anti-fracking lobby group Treasure the Karoo Action Group (TKAG) and social rights group AfriForum hand delivered a letter to President Jacob Zuma this week calling on him to declare a fresh moratorium on hydraulic fracturing in South Africa, or...
22nd July 2014
 
IRON-ORE

Razorback economics improve on carbon tax drop

The abolishment of the carbon tax has given the business case of ASX-listed Royal Resources’ Razorback iron-ore project a boost of about A$100-million, the company said on Tuesday. Earlier this month, the Senate voted 39 to 32 in favour of...
22nd July 2014
 
GOLD

ABM gets OK to mine Old Pirate

ASX-listed ABM Resources has received federal approval to start mining at its Old Pirate gold project, in the Northern Territory. The approval from the Department of Environment followed the receipt of approval from the Northern Territory...
22nd July 2014
 
COAL

Bandanna resolves some Springsure Creek objections

Coal developer Bandanna Energy was facing one less impediment to the development of its Springsure Creek coal project, in Queensland, after a second objection to the project was withdrawn. In April this year, the ASX-listed Bandanna announced...
22nd July 2014
 
9. Product Listings

Valve Retrofit Service

Mitech has retrofit solutions for almost any globe, butterfly or ball valve application and can even build customised linkages for those valves which have no direct retrofit solution. New internals and top works can be fitted to an original valve...
21st July 2014
 
ENERGY

Joemat-Pettersson reaffirms plan to expand role of gas, nuclear in SA mix

Energy Minister Tina Joemat-Pettersson Energy Minister Tina Joemat-Pettersson placed significant emphasis on the development of gas, including shale gas, and nuclear in her inaugural Energy Budget Vote to lawmakers in Cape Town on Monday. In an address framed by President Jacob...
21st July 2014
 
CORPORATE ACTIVITY

Antares shares rise on news of takeover

The share price of ASX-listed oil and gas explorer Antares Energy rose by 8.5% on Monday on news that the company had received a confidential, unsolicited and indicative takeover offer. Chairperson James Cruickshank told shareholders that having...
21st July 2014
 
Company Announcement

Will Mining Disappear in the next decade? PDF Available

A piece of recent media coverage suggested that with the global mining industry in decline over the last twenty years, this might signal the complete degeneration of the industry by 2024! WRS, a recruitment specialist for the industry sees some...
21st July 2014
 
CARBON CAPTURE

Carbon-capture pioneers achieve breakthrough results

Canadian enzyme-enabled carbon-capture technology innovator CO2 Solutions and US emissions-control solutions provider Neumann Systems Group (NSG) this week announced “breakthrough” results for their collaboration efforts, resulting in the...
18th July 2014
 
 
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