Mining contractor NRW Holdings has bagged a contract from Rio Tinto for earthworks and primary civil works in the Pilbara region. The $160 million worth 12 month contract will see work at the Brockman project and the Western Turner Syncline project.
In the west African nation of Guinea mining giant Rio Tinto has signed an agreement with the government to construct a new mining port. The agreement was signed by its subsidiary Simfer S.A. According to the deal the company will pay the government US$700 million and gain mining concessions in the country.
The Australian Treasurer Wayne Swan spoke to the Queensland Media Club and told them that there would be no rivers of gold from the mining industry in the upcoming budget.
Leighton Holdings (ASX:LEI) has won a mining service contract as part of a joint venture in Botswana. The 66 month contract is worth AUD$586 million and is at the richest diamond mine in Botswana. The Australian company is the world’s largest contract miner and holds 60% of the contract.
Wagners, an Australian mining services company, is hoping to grow with an initial public offering next year although no firm decision about this action has been taken as yet.
The Lucky Friday mine outside Mullan is the scene of a rescue attempt to save the life of a 53 year old man who was trapped in the mine in Northeast Idaho as he was underground. The miner has been trapped inside the mine...
The federal government is going to push free trade in an attempt to improve the economic condition of Australian states that have not benefited by the mining boom. Prime Minister Julia Gillard is going to give a thrust to a new round of trade liberalization to help non-mining states that are struggling to keep pace with the resources boom.
The University of Queensland has awarded an internal fellowship scheme to foster research excellence in applications that deal with water technology issues in the mining industry. It is one of 15 successful applications for the award given to Vice-Chancellor's Senior Research Fellowships.
Sundance Resources announced that developing its Mbalam iron ore project would cost $4.6 billion to develop. The project in central West Africa needs infrastructure and the completion of a definitive feasibility study for the initial stage of the project.
The mining industry in New South Wales is feeling threatened by the new planning laws being put into effect by the state government. The State Government’s Planning Act may prove detrimental to the mining industry as per New South Wales Minerals Council that says the changes would lead to mining companies moving out of the state.
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