WorleyParsons an Australian engineering company and part of a consortium with the Canadian engineering and construction group SNC-Lavalin issued a statement on Monday saying that it had been awarded a contract to provide Vale’s S11D processing facility with engineering services.
The proposed mining tax faces uncertainty, with public support dwindling and concerns over its impact on jobs and the economy lingering among stakeholders.
By Joel Scanlon
28 Jun 2010
The resumption of gas supply to Belarus by Gazprom raises questions about Russia's reliability as an energy supplier amid ongoing geopolitical tensions.
By Joel Scanlon
27 Jun 2010
Wuhan Iron & Steel Corp, the Chinese government controlled steel giant has signed a Memorandum of Understanding (MoU) with Australian company Riversdale Mining Ltd.
By Joel Scanlon
27 Jun 2010
Industry leaders, including Andrew Forrest, push back against the mining tax, labeling it 'toxic' and calling for its immediate repeal under new leadership.
BG Group Plc's liquefied natural gas project in Queensland is approved, aiming to generate 8,000 jobs and support local communities with housing initiatives.
By Joel Scanlon
27 Jun 2010
Sundance is trying to get a second rescue team to try and salvage the bodies from the crash site in Africa. Sundance Resources Ltd lost its entire board of six members in the aircraft crash on Saturday on the western ridge of Congo's Avima Range, near the Gabonese border.
President Jose Ramos-Horta calls on Australia to advocate for a pipeline to East Timor, highlighting differing cost estimates for the Sunrise gas project.
The ousting of Kevin Rudd leads to a surge in mining stocks, driven by a potential shift in the Resources Super Profits Tax under Julia Gillard's leadership.
Prime Minister Kevin Rudd may have quit making place for Julia Gillard to take over the Labour party leadership, but his proposed Resources Super Profits Tax has received an ally in the International Monetary Fund. The deputy head of the IMF's tax policy division, Philip Daniel said that the IMF staff welcomes the RSPT tax proposal in principle.
By Joel Scanlon
24 Jun 2010
Interior Secretary Ken Salazar said on Wednesday that he has plans to issue a new drilling freeze which might be refined to reflect the offshore conditions. He was speaking to a Senate subcommittee as he explained that the new order was still being developed.
By Joel Scanlon
24 Jun 2010
Lyntek Inc. has published the "Coles Hill Conceptual Study," an engineering and feasibility study that looks at a proposed uranium mine and mill in Pittsylvania County. The proposed mining operation in Southside Virginia is likely to bring 350 jobs and about $40 million to the local economy according to the study.
By Joel Scanlon
24 Jun 2010
With the Gulf of Mexico dominating U.S. news, now a federal court judge has overturned the ban on drilling imposed by President Obama after the oil spill. The explosion which triggered a massive oil spill in the month of April in the Gulf of Mexico caused Obama to put the six month moratorium in place.
By Joel Scanlon
23 Jun 2010
Opposition slams WA Premier Barnett for accepting $350 million from mining giants BHP and Rio Tinto, questioning the deal's implications for governance.
QRC's survey indicates the Super Profits Tax may threaten mining operations, risking 10,000 construction jobs and hindering economic development in Queensland.
By Joel Scanlon
23 Jun 2010