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Simon Crean Defends Original RSPT

Simon Crean the former trade minister and now minister for employment, workplace relations and education defended the controversial mining tax RSPT saying that in talks with overseas trade groups and financiers Mr. Crean...

From BHP Billiton Plc 5 Jul 2010

Centennial Coal Welcomes Banpu Take Over Move

Centennial Coal seems to be amongst the first beneficiaries of the new revised mining tax of the Australian government.

From Centennial Coal Company Limited 5 Jul 2010

Asciano Secures Large Coal Haulage Contract with Middlemount

Asciano has secured a $320 million contract with Middlemount Coal for the next ten years. This will be for moving as much as 3 million tons of coal per annum in Queensland from January 2012 onwards.

4 Jul 2010

Aussie Mining Giants Happy with New Tax Proposal

The big mining companies in Australia have been expressing their approval of the government's cut in the proposed Resources Super Profits Tax. The new compromise tax has been redesigned and renamed under Prime Minste...

From Fortescue Metals Group Ltd 4 Jul 2010

Out With RSPT and in With Minerals Resources Rent Tax

In a major breakthrough for the Australian government, Prime Minister Julia Gillard managed to reach an agreement with the mining industry. The 40% tax proposed by Mr. Kevin Rudd on all resources has been modified to a 3...

From BHP Billiton Plc 4 Jul 2010

Andrew Forrest Confident on RSPT Resolution

Fortescue Metals Group Ltd chief Andrew Forrest is now feeling confident about reaching a deal over the Resources Super Profits Tax (RSPT) with the Australian Government.

From Fortescue Metals Group Ltd 30 Jun 2010

New U.S. Legislation Targets Problem Mines

The new proposed mining law came about after the disastrous explosion at a West Virginia mine operated by Massey Energy Co. on April 5, 2010 and the explosion on April 22, 2010 at Deepwater Horizon oil rig.

From Massey Energy Corporation 29 Jun 2010

Riversdale Mining Signs MoU with Wuhan Iron and Steel

Wuhan Iron & Steel Corp, the Chinese government controlled steel giant has signed a Memorandum of Understanding (MoU) with Australian company Riversdale Mining Ltd.

From Riversdale Mining Limited 27 Jun 2010

Gains Across the Board for Ozzie Mining Stocks

The Labor Party has a new leader and the mining industry is already gaining across the Australian stock market. With Prime Minister Kevin Rudd being ousted by Julia Gillard the proposed Resources Super Profits Tax on the...

From Fortescue Metals Group Ltd 24 Jun 2010

RSPT Will Damage Queensland's Future

The Resources Super Profits Tax (RSPT) proposed by the federal government in Australia on the mining industry is likely to cost the Australian economy more than it benefits it. This has been the main argument of all the ...

23 Jun 2010