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Resources Corner

Mining acquisitions and JV agreements

09 Aug 2012 – A look at the latest mining acquisitions and joint venture agreements. And, as iron ore exports continue to soften ex IMF boss remains optimistic about commodity pric…

Miners sit tight amid demand concerns

06 Aug 2012 - As companies prepare for the upcoming reporting season, global miners Rio Tinto, BHP Billiton are tightening their belts amid falling commodity prices.

M&A: The next step for mining sector?

26 Jul 2012 - A new report reveals the Australian mining sector is primed for M&A activity. Atlas Iron, Santos and AngloGold Ashanti boost second quarter production, while Oz Miner…

Miners deliver strong output

19 Jul 2012 – BHP Billiton, Rio Tinto and Fortescue Metals report an increase in iron ore production.

Gold strong as mineral sands suffer

16 Jul 2012 - Resolute Mining and Evolution Mining post positive announcements about their gold operations while Iluka Resources suffers with a deteriorating economic outlook.

Life begins under mining & carbon taxes

09 Jul 2012 – The new financial year brings with it controversial new mining and carbon taxes, amid scepticism the mining tax will not generate the revenues projected by the govern…

Mining expansion and merger plans

07 JUL 2012 - Resources and mining companies making news include BHP Billiton acquiring more Olympic Dam exploration licenses and gold miners St Barbara and Allied Gold outline mer…

Mining tax challenge

25 Jun 2012 - Resources and mining companies making news include Fortescue lodging a High Court challenge against the Minerals Resource Rent Tax and Downer EDI is awarded a contrac…

Mining proposals and debt reduction

18 Jun 2012 - Resources and mining companies making news include Whitehaven Coal receiving a proposal from billionaire Nathan Tinkler and BlueScope saying it has no plans for an eq…

High costs threaten mining

08 Jun 2012 - The Business Council of Australia (BCA) says high costs and low productivity are putting the country’s pipeline of investment in resources at risk.

Miners reassess expansion

04 Jun 2012 - Fortescue chief Nev Power says the company will reassess its aggressive iron ore expansion plans and a new report shows falling commodity prices and rising costs are …

Mining takeovers and acquisitions

28 May 2012 - Sundance Resources revises the terms of its takeover agreement with Hanlong Mining and AGL receives clearance for its proposed acquisition of the Loy Yang power stati…

BHP issues stern warning

21 May 2012 - BHP Billiton’s chief executive Marius Kloppers says most miners will face lower cash flows and chairman Jac Nasser says the miner will not invest $80 billion on growt…

Steel loses appeal

14 May 2012 - Resources and mining companies making news include OneSteel’s shareholders approving the company’s proposal to change its name to Arrium and Iluka Resources will redu…

Gas deals on the rise

07 May 2012 - Resources and mining companies making news include Woodside selling a stake in its Browse LNG development and Origin inks a deal to sell gas from its Queensland coal …

Copper supply and demand forecasts

01 May 2012 - Copper industry experts, CRU's Vivienne Lloyd and Wilson HTM Investment Group’s Cameron Judd provide their forecasts for copper at the Australian Copper Conference.

Outlook for iron ore prices

30 Apr 2012 - ANZ says iron ore prices look to soften yet maintain elevated levels, despite new supply from Africa and the World Steel Association posting growth in Q1 production.

Blame it on the rain, output falls

23 Apr 2012 - BHP, Fortescue and Woodside blame rain and cyclones for a drop in production.

Falling commodities and mine closures

16 Apr 2012 - BHP closes the Norwich Park Mine and the IMF predicts a fall in commodity prices within the next year.

Mining hurdles and wins

05 Apr 2012 - Galaxy Resources acquires Lithium One, Origin Energy teams up with Xstrata, AGL’s planned purchase of the Loy Yang power station hits a hurdle and Aquila wins an appe…

Diamonds are not forever

02 Apr 2102 - It seems that while diamonds are still a girl's best friend, they may be losing their sparkle for Rio Tinto.

Miners prepare for tax battle

The controversial $10.6 billion Minerals Resource Rent Tax is facing fierce opposition from Fortescue’s Andrew Forrest and WA Premier Colin Barnett with more joining the fight.

Mining capital raisings and write-downs

Resources and mining companies making news include Fortescue’s $US2 billion capital raising and Lynas confirms its Malaysia rare earths refinery is 96 per cent complete.

Aussie miners make Forbes Rich List

Mining billionaire Gina Rinehart is the richest Australian on the Forbes Rich List, with Andrew Forrest also making the cut.

Global demand for rare earths rises

05 March 2012 - Rare earths mining has been dominating the headlines this past week, including government quotas in China and the West Australian government’s royalty on rare earth…

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