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  • Fortescue Metals Refinances for Expansion
    News - 11 Oct 2010
    Fortescue Metals Group (ASX:FMG) has managed to line up a $2.06 billion bank loan facility to help its expansion plans. Shares in the third largest iron ore miner in Australia closed at a high of...
  • Acrex Anxious to Begin Diamond Drilling on Grizzly-Kellar Lake Property
    News - 6 Oct 2010
    Acrex Ventures Ltd. ("Acrex") is pleased to announce that diamond drilling will commence this week on its Grizzly-Kellar Lake gold property (the "Property"). Acrex has an option to...
  • Record Iron Ore Exports for Fortescue Metals
    News - 5 Oct 2010
    Fortescue Metals Group (ASX:FMG) hit an all time high in iron ore exports last month loading more ships than it has ever done in the last two and half years of production. Thanks to an overall...
  • Paladin Energy Upgrades Uranium Reserves
    News - 4 Oct 2010
    Paladin Energy (ASX:PDN)(TSX:PDN) has announced a doubling of its uranium reserves to 134 million pounds at its Langer Heinrich mine in Namibia. The flagship project for the company has seen an...
  • More Troubles for India's Vedanta Resources
    News - 30 Sep 2010
    The troubles are far from over for Vedanta Resources as the Madras High Court asked for the shutdown of its Tuticorin smelter in a coastal area in the southern state of Tamil Nadu, India. The...
  • Coal Takeovers in Australia to Settle Down Says Industry Analyst
    News - 24 Sep 2010
    Australia won't see as many takeovers in the coal mining industry as many potential targets have already been acquired after the recent surge in acquisitions as per UBS's head of metals and...
  • ArcelorMittal and Indiabulls to Form JV for Coal and Iron Ore
    News - 7 Sep 2010
    ArcelorMittal and Indiabulls will form a joint venture for coal and iron ore mining. Indiabulls Real Estate has power plants while ArcelorMittal is the world’s largest steelmaker. It currently...
  • CuDeCo Market Value Halves in One Day
    News - 19 Aug 2010
    In a reminder of just how fast things can fall apart in the business world CuDeCo (ASX:CDU), a Queensland based mining company saw half its market value drop in one day. The sell off wiped away...
  • BHP Billiton Looking at Potash Acquisitions
    News - 18 Aug 2010
    The bid made by BHP Billiton for Potash Corp. has put mergers and acquisitions back on the mining agenda. The fertilizer industry is set for substantial growth in the coming years and the mining...
  • Xstrata Announces Strong Half Yearly Results
    News - 3 Aug 2010
    Mining giant Xstrata has announced positive half yearly results for 2010. In fact the operating profit in its north Queensland copper division was announced at $167 million, much higher than the...

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