The BG Group has decided to halt the construction of the coal seam gas pipeline of its Australian arm QGC. The $15 billion worth Queensland Curtis Island coal seam gas to LNG project has run into a wall thanks to some of its environmental management plans having not been approved. QCG made the announcement about halting work on the pipeline last Thursday.
By Joel Scanlon
24 Mar 2011
The Construction Forestry Mining and Energy Union (CFMEU) has published a report that said about $2.45 billion is being lost by the government in taxes due to sham contracts.
By Joel Scanlon
24 Mar 2011
The late Ken Talbot’s Talbot Group has sold its stake in Sundance Resources to a Chinese company. The 15.95% stake in Sundance Resources was sold for $19.08 million by the group to iron ore explorer Hanlong Mining. The shares were sold at 44c each.
The Gold Ridge Mining Limited Company held a ceremony on Tuesday to mark the one year anniversary of reaching reconciliation with the landowners and the restart of work at the Solomon Islands gold ridge mine.
By Joel Scanlon
24 Mar 2011
In a bid to help mining families the organization Mining Family Matters has released a report full of useful information to help battle the stress of having a family member working in the mining industry. The co-founder of the organization Alicia Ranford said that choosing to work in the mining industry can not only affect you, but your entire family.
By Joel Scanlon
24 Mar 2011
The Chief of Rio Tinto Tom Albanese is unhappy at the government interference in the development of new projects around the world. He said that it was the curse of resource nationalism that prevented mining firms from meeting the strong global demand for commodities. He was speaking at a conference in Hong Kong when he said that Rio Tinto had to do a better job of handling deals with government officials.
Seadrill has signed agreement with Jurong shipyard in Singapore for building a new jack-up drilling rig.
By Joel Scanlon
24 Mar 2011
Newcastle Minerals has announced drilling results from nine holes at Carscallen Property, which is planned to further assess its 120 hectare sited near Timmins, Ontario.
By Joel Scanlon
24 Mar 2011
Cap-Ex Ventures has closed the option agreement with Kal Malhi to acquire Redmond Properties.
By Joel Scanlon
24 Mar 2011
NW Tech Capital has executed an option agreement to own 100% interest in a prolific platinum, copper and nickel-bearing property situated in the McConkey Township, Ontario.
By Joel Scanlon
24 Mar 2011
EGPI Firecreek has discovered a significant oil and gas reserve at the newly acquired Tubb Leasehold Estate sited in AMOCO/CRAWAR Field in Ward County, TX.
By Joel Scanlon
24 Mar 2011
Spanish Mountain Gold (SMG) signs protocol agreement with Williams Lake Indian Band (WLIB).
By Joel Scanlon
24 Mar 2011
Adriana Resources has reported all evaluation results from the diamond drill program at Lac Otelnuk iron project, Northern Quebec.
By Joel Scanlon
24 Mar 2011
Alto Ventures has announced diamond drilling results from the Alcudia gold project sited in the Urban-Barry gold belt, Quebec.
By Joel Scanlon
24 Mar 2011
Australia’s Environmental Protection Agency (EPA) has refused permission for a coal mine in the Margaret River region of Western Australia on grounds that it would be environmentally unacceptable. EPA Chairman Paul Vogel said that the no was based on the proponent’s referral information and environmental advice presented to the EPA.
By Joel Scanlon
23 Mar 2011