Queensland Rail chief, Lance Hockridge said that despite all the opposition to the controversial share market float of the Queensland Rail it will attract a number of retail investors besides a range of institutional investors.
New talks will begin next week to discuss the changes in the planned Australian Mining Tax. Prime Minister Julia Gillard negotiated a deal with independent lawmakers and a green party member to form a minority government as Labor lost its majority in the 21 August election.
CGA Mining Ltd is looking forward to an increased production from its Masbate gold mine in the Philippines. The processing plant was originally designed to operate at a rate of 4 million tonnes per annum but a recent investment in it is likely to increase the throughput to 6.5 million tonnes per annum.
Asciano Group (AIO), a transport infrastructure business, with a focus on ports and rail, is asking for a declaration so that the Queensland coal rail network is regulated by the Australian Competition and Consumer Commission (ACCC) after the public float of Queensland's coal and bulk freight network.
Rio Tinto announced that it is increasing its stake in Ivanhoe Mines, a Canadian mineral exploration and development company which is currently developing the world's largest undeveloped copper-gold project in the South Gobi region of Mongolia.
The largest iron ore producer in the world Vale SA has borrowed $1.23 billion from banks in China for buying ships from a Chinese shipyard.
The Australian Pipeline Industry Association has high expectations for the next decade.
The Chief Executive of the APIA, Cheryl Cartwright said that they expect $10 billion worth of high pressure gas pipelines to be b...
John Holland Group will be developing a port associated with Rio Tinto's Cape Lambert iron ore project.
Queensland Coal Industry Rail Group or QCIRG has been unable to meet its own or the government's requirements for the coalition of a group of mining companies to set up a state coal freight network. The coal companies led by BHP Billiton have failed to acquire the bid and did not elaborate on the reasons.
Wayne Swan the treasurer seems at odds with the tax summit being offered to key independent MPs in return for their support to form a Labor government. Mr. Swan said that the tax was not on the summit agenda and that he would like to get this into legislative shape as quickly they possibly can.
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