The Australian Greens leader Bob Brown advocates for environmental protections against the Felton coal to petrol project affecting prime agricultural land.
By Joel Scanlon
6 Jul 2010
In the opinion of Mr. Ken Henry, the Treasury Secretary, the new tax on mining (MRRT) is going to be worse for jobs in the mining sector than the originally planned Resources Super Profits Tax (RSPT).
By Joel Scanlon
6 Jul 2010
Macarthur Coal Ltd has had a good year and this reflects in its revised full year profit forecast.
By Joel Scanlon
5 Jul 2010
The Essakane gold mine in Burkina Faso has been started up by IamGold Corp. six months prior to the planned date of year end 2010. It is the first greenfield project built by IamGold in Africa.
As the economic burden of the cleanup effort in the Gulf of Mexico grows exponentially BP is now seeking financial help from other partners related to the disaster.
By Joel Scanlon
5 Jul 2010
Former Minister Simon Crean supports the original RSPT, believing its redesign addresses mining industry concerns while maintaining investment confidence.
Centennial Coal seems to be amongst the first beneficiaries of the new revised mining tax of the Australian government.
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.
By Joel Scanlon
4 Jul 2010
The government's cut to the Resources Super Profits Tax is welcomed by mining giants, ensuring Australia's resources industry remains competitive globally.
The longest losing streak in oil prices highlights economic slowdowns in China and the U.S., with prices fluctuating amid global recovery fears.
By Joel Scanlon
4 Jul 2010
Prime Minister Julia Gillard's agreement with the mining industry modifies the proposed tax, easing concerns and ensuring stability for miners in Australia.
The Marange diamonds issue underscores Zimbabwe's economic challenges, with conflicting Cabinet statements on export certification and market integrity.
By Joel Scanlon
4 Jul 2010
Deutsche Rohstoff Australia hopes to mine about 200,000 tonnes of gold ore from several gold deposits in August this year.
By Joel Scanlon
1 Jul 2010
The coalition opposition plans to repeal the Resources Super Profits Tax, citing concerns over mining competitiveness and government pressure for a compromise.
By Joel Scanlon
1 Jul 2010
Rio Tinto has welcomed the decision to keep its railway line in Western Australia closed to smaller iron ore miners.