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  • Bob Brown Lobbies Against Proposed Mine at Felton, QLD
    News - 6 Jul 2010
    The Australian Greens leader Bob Brown is due to visit a southwest Queensland community on Tuesday in regard to a resource project which has been earmarked on prime agricultural land at Felton. The...
  • Ken Henry: Worse off Under New Mining tax
    News - 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)....
  • Macarthur Coal Upgrades Profit Forecast
    News - 5 Jul 2010
    Macarthur Coal Ltd has had a good year and this reflects in its revised full year profit forecast. The world’s largest producer of pulverized coal which is used by steelmakers has gone from...
  • 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...
  • Asciano Secures Large Coal Haulage Contract with Middlemount
    News - 4 Jul 2010
    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....
  • Out With RSPT and in With Minerals Resources Rent Tax
    News - 4 Jul 2010
    In a major breakthrough for the Australian government, Prime Minister Julia Gillard managed to reach an agreement with the mining industry. The 40% tax proposed by Mr. Kevin Rudd on all resources has...
  • Riversdale Mining Signs MoU with Wuhan Iron and Steel
    News - 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. As per terms of the agreement...
  • BG Group Wins Approval for Gladstone LNG Project
    News - 27 Jun 2010
    BG Group Plc has received environmental approval for its proposed liquefied natural gas project in Queensland State on Friday. It is the second venture to secure permission. Four similar ventures are...
  • Gains Across the Board for Ozzie Mining Stocks
    News - 24 Jun 2010
    The Labor Party has a new leader and the mining industry is already gaining across the Australian stock market. With Prime Minister Kevin Rudd being ousted by Julia Gillard the proposed Resources...
  • Boom Time Ahead for Miners
    News - 23 Jun 2010
    According to the Australian Bureau of Agricultural and Resource Economics (ABARE), next financial year is going to be boom time for the miners. ABARE expects the mining and energy exports to come to...