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  • Xstrata Weighs in on Carbon Tax
    News - 28 Sep 2010
    Xstrata is mounting pressure on the Australian federal government to start a debate on the carbon tax. The chief executive of Xstrata Coal Peter Freyberg said that he wanted to see the government...
  • Cudeco Raises $20 Million via Sophisticated Global Investor
    News - 24 Sep 2010
    Cudeco (ASX:CDU) has picked up $20 million to ease market volatility via an institutional investor. The company has issued 10 million new shares at the rate of $2 each to the investor. The...
  • Xstrata Brings Hunter Valley Coal Haulage In-House
    News - 22 Sep 2010
    Tired of the bottlenecks at the Port of Newcastle Xstrata has decided to use its own coal trains in Hunter Valley. The company will spend $130 million procuring three coal trains to start Xstrata...
  • Queensland State Coal Freight Network Bid Falters
    News - 12 Sep 2010
    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...
  • Lihir Gold Accepts Newcrest Takeover
    News - 24 Aug 2010
    Lihir Gold Limited (ASX: LGL), a gold company with operations in Papua New Guinea, Australia and West Africa, has accepted the takeover bid offered by Newcrest Mining as shareholders have voted...
  • Ivanhoe Australia Looks to Raise $269 Million for Expansion and Debt Repayment
    News - 10 Aug 2010
    Ivanhoe Australia (ASX:IVA) is planning to raise up to $269 million for the acquisition of a project to be developed in Queensland and to repay current debt. Ivanhoe plans to do so by announcing a...
  • Shares in Oxford Resource Partners Drop on 1st Day of Trading
    News - 20 Jul 2010
    The day did not go as well as imagined for the largest producer of surface mined coal in Ohio. In fact Oxford Resource Partners LP (OXF:US) found its shares slipping on the first day of trading in its...
  • Rio Tinto Ramps Up Pilbara Operations
    News - 20 Jul 2010
    Rio Tinto is ramping up work in the Pilbara region of Australia. The mining giant has pledged US$200 million in funding for its iron ore operations expansion in Western Australia's Pilbara region....
  • Heemskirk Consolidated Offers $84M for North Queensland Metals
    News - 6 Jul 2010
    Heemskirk Consolidated Ltd.(ASX: HSK) has offered North Queensland Metals Ltd. (ASX: NQM) a takeover bid valued at $84 million. An offer which the North Queensland Metals Ltd. is urging its...
  • Centennial Coal Welcomes Banpu Take Over Move
    News - 5 Jul 2010
    Centennial Coal seems to be amongst the first beneficiaries of the new revised mining tax of the Australian government. It is attributing the generous $2.5 billion takeover bid that it has received...

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