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  • Speculation Continues on Whitehaven Coal Takeover
    News - 5 Aug 2010
    Whilst the coal sector in Australia is consolidating gains and attracting new investments, Whitehaven Coal (ASX:WHC) is said to have refused an informal approach for a takeover bid but has confirmed...
  • Australia Posts Record Trade Surplus Thanks to Mining Industry
    News - 5 Aug 2010
    Australia has posted a record monthly trade surplus of $3.54 billion dollars for the June period. The Australian Bureau of Statistics said that this was the highest surplus ever recorded. It was...
  • Xstrata: Big Investments
    News - 5 Aug 2010
    The global recession seems to be dissipating as more investments get planned for the mining industry. Mining giant Xstrata is all set to invest $ US5.3 billion to build a copper mine in Peru and to...
  • Bandanna Energy Ramps Up Exploration
    News - 3 Aug 2010
    Bandanna Energy Limited (ASX:BND) has stepped up its drilling activity with the addition of a sixth drill rig. Three rigs are now currently drilling in Bandanna's Golden Triangle area and three,...
  • Thiess in Negotiation with Workers at Collinsville Mine
    News - 3 Aug 2010
    Australian mining and construction company Thiess is currently in negotiation with the 200 workers at a coal mine in Queensland. Workers at the Collinsville mine went on strike on Tuesday over job...
  • More Bore Holes Given All Clear at Kingaroy
    News - 3 Aug 2010
    Cougar Energy (ASX: CXY) may have reason to celebrate although it is not quite out of the woods yet. The underground coal gasification plant near Kingaroy QLD had been put on hold last month when...
  • Kingaroy Bore Water Given All Clear
    News - 26 Jul 2010
    Bore water tested at the site of the Cougar Energy plant near Kingaroy, Queensland has been found to be under permissible limits for levels of benzene and toluene. The company's pilot...
  • Andrew Forrest Says Government Will Need to Redesign Mining Tax
    News - 25 Jul 2010
    If Fortescue Metals Group Ltd CEO Andrew Forrest has his way Prime Minister Julia Gillard can forget about having the new mining law passed in its current form after the elections. He said that...
  • U.S. National Mining Association Files Law Suit Against EPA and Army Engineers
    News - 21 Jul 2010
    The National Mining Association (NMA), representing the interests of mining industry in the U.S., filed a law suit Tuesday against the U.S. Environmental Protection Agency (EPA) and the Army Corps of...
  • Linc Energy Shares Jump on Coal Mine Sell Off Speculation
    News - 20 Jul 2010
    Linc Energy (ASX:LNC) shares have jumped more than 35% after it said it was in talks with Adani Enterprises to sell its coal mines. Linc Energy CEO Peter Bond said that the coal mines at the...

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