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  • Whitehaven Coal Close to Takeover
    News - 9 Aug 2010
    Whitehaven Coal Ltd. (ASX:WHC) may be facing a buyout. As per the company statement Whitehaven confirmed that a data room has been in place for a long time in relation to various potential...
  • Linc Energy Looks for Partners for Move to Commercialisation
    News - 9 Aug 2010
    Linc Energy (ASX:LNC) is likely to get some help from a partner to build its first commercial plant in Australia. The Managing Director Peter Bond said that they were still about two years away from...
  • Date Recorder at Upper Big Branch Coal Mine Shows No Methane Prior to Explosion
    News - 8 Aug 2010
    The Upper Big Branch mine data recorder has not give any indication of a sudden methane build up before switching off 98 seconds prior to the explosion which killed 29 men in the coal mine....
  • Nippon Steel Invests in Foxleigh Coal Mine
    News - 8 Aug 2010
    Foxleigh coal mine in Queensland has gained a new investor in Japan's Nippon Steel. Nippon has bought a ten percent stake in Foxleigh mine which is an open cut mine in Bowen Basin in...
  • Paladin Energy Inks Deal with Guangdong Nuclear Power
    News - 8 Aug 2010
    Paladin Energy (ASX: PDN) has entered a memorandum of understanding with China's biggest nuclear power company Guangdong Nuclear Power. The Perth based company has been negotiating this long...
  • 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...

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