Beach takes on Bengal in Queensland oil play

ASX-listed Beach Energy has agreed to a farm-in with TSX-listed Bengal Energy to explore for oil in the Cooper basin. Subject to the completion of the necessary documentation and due diligence, Beach would acquire a 50% interest in the...

EPBC Amendment Bill based on ‘false premise’ – QRC

The Queensland Resources Council (QRC) has again defended the resources sector against allegations of its supposed impact on the Great Barrier Reef, saying that a rigorous environmental assessment regime and management arrangements were in place...

Govt confirms Waratah's project status

Unlisted coal developer Waratah Coal on Wednesday said that the federal government had renewed its support for the proposed A$8-billion China First coal project, with Infrastructure and Transport Minister Anthony Albanese renewing the project’s...

Minotaur looks at WA nickel

Minerals explorer Minotaur Exploration and its subsidiary Minotaur Gold Solutions on Monday entered into a sales and purchase agreement with fellow-listed Breakaway Resources to buy the Scotia project, in Western Australia (WA). The Scotia project...

Dugald River zinc/lead silver project, Australia

MMG has signed a $1-billion loan facility with the China Development Bank to develop its Dugald River project.

Company Announcmement: Asia-Pacific’s premier mining exhibition returns to Sydney in August

The most important mining exhibition in Australia, Asia-Pacific’s International Mining Exhibition – AIMEX, is returning to Sydney in late August, showcasing the latest mining equipment, products and services

Aus resources sector to attract A$85bn in investment this year

Investment in the Australian resources sector was expected to peak at A$85-billion in 2013, with gas attracting the most investor attention, analytical firm Wood Mackenzie said on Thursday. Wood Mackenzie Australia upstream research head Chris...

Rio gets nod for Cape York bauxite project

Australian Environment Minister Tony Burke on Wednesday approved Rio Tinto’s South of Embley bauxite mine, in Queensland, but imposed 76 conditions on the $1-billion, western Cape York Peninsula-based project, to protect the Great Barrier Reef....

Glencore Xstrata to scrap plans for Australia coal export terminal

Glencore Xstrata will stop work on a planned 35-million tons a year coal export terminal on Australia's Balaclava Island as a result of poor coal market conditions, the company said on Monday. "This decision has been made as a result of the poor...

Comet Ridge coal project, Australia

Acacia Coal plans to progress the project to bankable feasibility stage over the next 12 months.

Mining companies having problems tackling social issues

Dealing with social issues is still a major challenge for many mining companies, owing to a lack of internal capacity and specialist skills, which are important for understanding how and why community engagement should be carried out meaningfully...

Company Announcement: Rights Issue to Raise $1.9 Million

Caravel Announces $1.9 M Rights Issue to Fund Australian Gold- Copper Exploration Strategy