GOLD 1294.21 $/ozChange: -0.38
PLATINUM 1463.50 $/ozChange: 3.00
R/$ exchange 10.68Change: 0.03
R/€ exchange 14.34Change: -0.01
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Topic
 
Perth
 
RSS
 
Perth
 
IRON-ORE

Gindalbie reviews value of Karara stake

Iron-ore miner Gindalbie Metals has called a halt to its share trading after revealing that it had commissioned an independent review into the value of its shareholding in the Karara asset, in Western Australia. The review was called in light of...
1st August 2014
 
URANIUM

Ranger suspension pushes ERA into A$127m half-year loss

Embattled uranium miner Energy Resources of Australia (ERA) has reported a 138% decline in net profits for the half-year ended June, which was recorded at a loss of A$127.2-million. This was compared with a net loss of A$54-million during the...
1st August 2014
 
URANIUM

Queensland uranium mines to adhere to strict standards – Minister

The Australian resources industry on Friday welcomed the Queensland state government’s call for applications for uranium mining in the state. Mines Minister Andrew Cripps on Friday released a framework to ensure Queensland’s future uranium...
1st August 2014
 
GOLD

St Barbara warns of major impairments

Gold miner St Barbara has warned of impairment charges at its gold assets during the year ended June. The miner has warned shareholders that it was expecting a full asset write down of A$179-million at its Gold Ridge mine, on the Solomon Islands,...
1st August 2014
 
COAL

Cockatoo hits record production in June

Coal miner Cockatoo Coal has reported a record monthly production from its Baralaba project, in Queensland, during June this year, which assisted in its quarterly production reaching 231 384 t. This was compared with the 119 906 t run-of-mine...
1st August 2014
 
MINERAL SANDS

Metallica ropes in Chinese partner for HMS operation

ASX-listed Metallica Minerals on Friday executed a joint venture (JV) agreement with a private Chinese investor to develop its Urquhart Point heavy mineral sands (HMS) project, in Queensland, and to explore for other HMS and bauxite deposits on...
1st August 2014
 
CORPORATE ACTIVITY

Woodside's buy-back plans fail

Australian oil and gas producer’s A$2.86-billion plan to buy-back shares from giant Royal Dutch Shell failed on Friday, after the company was unable to secure shareholder approval. A 75% vote was required for the buy-back to continue, under...
1st August 2014
 
COAL

BHP cuts more staff at Mt Arthur

Diversified giant BHP Billiton on Friday confirmed that it had cut a further 95 staff at its Mt Arthur coal mine, in New South Wales. The latest redundancies came after the miner in July cut 163 staff members from the Mt Arthur payroll,...
1st August 2014
 
CORPORATE ACTIVITY

Cape Lambert settles ATO dispute

ASX-listed Cape Lambert Resources has finally settled its dispute with the Australian Taxation Office (ATO), after two years. In 2012, the ATO assessed Cape Lambert as owing A$96-million, including tax and penalties, prompting the company to...
1st August 2014
 
MINING FINANCE

Northern Minerals secures A$6m interim financing

Junior Northern Minerals on Thursday told shareholders that it had secured A$6-million in interim funding from Macquarie Bank, providing the company with short-term working capital. The funding would be done through a drawdown facility offset...
31st July 2014
 
COAL

Jogmec signs up for Allegiance coal project

Japan Oil, Gas and Metals National Corporation (Jogmec) has made a A$3-million investment into ASX-listed junior Allegiance Coal for a 40% interest in its Kilmain coal project, in Queensland. Under the terms of a joint exploration agreement,...
31st July 2014
 
MINERAL SANDS

Fourth quarter of higher production at Lynas

Mineral sands miner Lynas has reported its fourth consecutive quarter of increased production and sales volumes. During the three months to June, Lynas increased its rare earth oxide (REO) production to 1 822 t, compared with the 1 089 t produced...
31st July 2014
 
 
Topic Multimedia
image
VIDEO
image
View all
 
 
O’Flaherty outlines ‘production first’... Video
SA coal productivity lags behind Australia Video
Sibanye Gold set to pay R1bn-a-year minimum... Video
Resources Watch Video
Right Eskom price will trigger R10bn Waterberg... Video
Kumba’s cash return to black shareholders Video
Mining project studies on the increase – DRA Video
Resources Watch Video
Kumba’s cash return to black shareholding now... Video
Audio
View all
 
 
Underground coal gasification has key... Audio
WDC hopes to resolve Zim diamonds... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Tungsten-miner Malaga mulls 2nd mill,... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio