A potential mine site in Australia’s Northern Territory is in trouble with the traditional land owners. The massive iron ore deposit in the Gulf of Carpentaria is now the site of a controversy. Miners want to run a slurry line to Maria Island and the indigenous Aboriginal community say that the land is a deeply sacred place that hosts a poison tee that will kill them.
Gina Rinehart and Angela Bennet, the two richest mining heiresses in Australia have put aside past differences to form a team to sue Rio Tinto. Angela Bennet’s brother Michael Wright joins them in their quest. Collectively are after a bigger share of the iron ore mining industry profits in Western Australia.
Western Australia Premier Colin Barnett has blamed the proposed carbon tax and the minerals resource rent tax (MRRT) for the doubt that now surrounds the multi-billion dollar Oakajee Port and Rail Project.
Vale of Brazil, the second-largest mining company in the world, sent an iron ore ship heading for China to Italy to supply Ilva instead of going to Dalian in China. The company said that there was no political or technical problem but the re-routing was undertaken to finalize talks on future port deals in China.
Hong Kong based investment company Wah Nam has managed to conclude a hostile takeover of Brockman Resources to consolidate its position in the Pilbara region.
The mining boom has brought prosperity to Australia but just to a select few parts. A fact shown by the annual State of the Regions report that claims that most of the country is missing out in the benefits of the profitable mining industry.
Cap-Ex Ventures has got and interpreted the primary data from the latest Airborne FALCON Gravity Gradiometer and High Sensitivity Magnetometer survey at the Redmond and Block 103 properties in the Labrador Trough, Quebec.
Iron Road Ltd, an independent, South Australian focused iron ore project developer, is ready to build a major magnetite iron ore project on the Eyre Peninsula in South Australia. The community around Warramboo has traditionally been a farming region but if the open cut mine is established it would convert to a mining zone.
Cabo Drilling has received a contract to drill 13,000 m at Ridgemont Iron Ore’s Redford iron ore property, which is situated in Vancouver Island, BC.
The Rio Tinto Group has approved the expansion of its iron ore operations in Australia. The company is to invest $676 million over the next six months to profit from ever growing global thirst for iron ore. The funds have been sanctioned to enhance work on port and rail engineering projects in the Pilbara region.
Terms
While we only use edited and approved content for Azthena
answers, it may on occasions provide incorrect responses.
Please confirm any data provided with the related suppliers or
authors. We do not provide medical advice, if you search for
medical information you must always consult a medical
professional before acting on any information provided.
Your questions, but not your email details will be shared with
OpenAI and retained for 30 days in accordance with their
privacy principles.
Please do not ask questions that use sensitive or confidential
information.
Read the full Terms & Conditions.