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AMMA Sets Up Legal Fund to Fight Fair Work Australia Rulings

The Australian Mines and Metals Association (AMMA) after playing a key role in stopping the Rudd government from introducing the Resources Super Profits Tax has decided to set up a fighting fund to finance court challenges against rulings of Fair Work Australia.

8 Jun 2011

Environmentalists Raise Concerns for Deep Sea Mining at Fiji Conference

The mining industry has found another metaphorical gold rush and it’s lying at the bottom of the Pacific Ocean. Environmentalists who are worried about the impact of deep sea mining on marine ecosystems are hoping that the large number of firms looking for ocean floor mining permits is not entertained.

7 Jun 2011

Chinese Bank to Fund Palmer's Galilee Basin Coal Project

Mining magnate Clive Palmer has managed to get China to finance his latest project. The Chinese Exim bank will help develop the mine by financing the China First project in the Galilee Basin in central Queensland.

7 Jun 2011

Australia Mining Boom to Last Decade Barring Global Catastrophe

The new Treasury Secretary Martin Parkinson is optimistic about the mining boom lasting about another decade barring global catastrophe.

6 Jun 2011

Minimal Carbon Tax Effect on Mining Jobs Says Expert

Even as the New South Wales government prepares to protest against the carbon tax people took to the streets in a weekend rally to support the tax. The carbon tax is seen as a price for pollution and the people want it to be implemented even as the mining industry screams that it will result in loss of twenty thousand plus jobs.

6 Jun 2011

Diamonds North Resources Buys Esker Gold Property

Diamonds North Resources has purchased the Esker gold property in Nunavut. This property covers the gold bearing stratigraphy for many kilometres.

6 Jun 2011

New Dimension Resources Announces Phase I Exploration at Gild Property

New Dimension Resources has moved its field crews to commence a phase I exploration at the Gild Property in the Lansing and NWT Properties, Yukon.

4 Jun 2011

Capella Resources Signs Agreement to Conduct Airborne Survey at Habanero and El Rojo Properties

Capella Resources has inked an agreement with Geotech of Aurora, Ontario to execute a joint Cesium-magnetometer and Z-tipper Electromagnetic (ZTEM) survey at its Habanero and El Rojo properties in Southern Peru.

4 Jun 2011