Chinese concern over the Australian Government's proposed Resources Super Profit Tax (RSPT) is likely to be high on the communication agenda when Vice President Xi Jinping of China meets Australian Prime Minister Kevin Rudd today.
Another study commissioned by the Mining industry on the proposed mining tax has found flaws in the Government's proposed mining tax model. The report was given by Ernst & Young says that the Resources Super Profit Tax or RSPT proposed by the federal government is based on a wrong theory.
Sundance Resources is a Perth based junior mining company facing a crisis. A company plane with a number of Sundance’s top executives went missing in West Africa yesterday. It is believed to have crashed.
Caterpillar Inc. the world's largest manufacturer of construction and mining equipment announced a $700 million investment plan over the next four years. The plan involves production of mining shovels and an expansion of its production of trucks at plants in Decatur, Illinois and Chennai, India.
Is the proposed RSPT of the Australian government to blame for the drastic reduction in mining deals this quarter? It would seem so. A total of 47 deals have been announced in the quarter ending June 2010 which are value...
Asciano investors may go on the rampage with the announcement of no dividends being made with minimal fanfare.
Mining jobs have increased in the last six months, but the mining industry is not the largest job generator in the Australian economy. In contrast to 14,400 mining jobs generated the construction industry created 40,000 ...
Aquila Resources Ltd and Brazilian mining giant Vale's subsidiary Bowen Central Coal finding it difficult to reach common ground to work together over Eagle Downs.
The six year contract won by Leighton Asia is estimated to be worth $1.1billion. It involves expanding the mining services in MSJ coal mine in Indonesia for PT Mahakam Sumber Jaya.
The republic of Mongolia is currently being wooed by the London Stock exchange, Hong Kong Exchanges and Clearings, and Nasdaq. The issue is the listing of Mongolian Mining Companies. The estimated mineral wealth of Mongolia is said to be vast despite limited exploration in the country.
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