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KOMATSU OPENS MULTI-MILLION DOLLAR FACILITY IN BRISBANE

April 17, 2012 • Mining & Resources, NewsComments (0)

Queensland Treasurer Mr Tim Nicholls and Managing Director of Komatsu Australia Limited Mr Sean Taylor at the opening of Komatsu’s new facility in Wacol. Komatsu Australia has announced the official opening and commissioning of its all-new, state of the art regional headquarters at Wacol, south-west of Brisbane. The project, which is expected to exceed

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Xstrata Coal Wins Approval

April 2, 2012 • Mining & ResourcesComments (0)

Last week, the Queensland Land Court released its decision recommending the approval of Xstrata Coal’s Mining Lease Application involving the Wandoan Coal Project. The recommendation actually follows an August 2011 hearing wherein objections from the

Analysis Shows Australia’s Significant Mineral Potential

March 29, 2012 • Mining & ResourcesComments (0)

There was only good news during a Perth conference held on Monday, which was attended by national and international exploration and mining executives as the Chief Executive of Geoscience Australia, Dr Chris Pigram, revealed that Australia has significant

Rio Tinto Reviews Its Diamond Business

March 29, 2012 • Mining & ResourcesComments (0)

Rio Tinto, one of the world’s major diamond producers, has announced its decision to conduct a strategic review of its diamond business. The review will include the exploration of other options for potential divestment of its diamond interests. Harry

South Australia Agrees to Tougher Coal Seam Gas Regulations

March 24, 2012 • Mining & ResourcesComments (0)

In the understanding that coal seam gas and large coal mining developments may have an impact water resources, South Australia has followed in the footsteps of Queensland and the New South Wales Government with signing up to the Gillard

New Australian Mining Tax on Profits Introduced

March 23, 2012 • Mining & ResourcesComments (0)

After battling with mining companies for the past two years, Australia’s parliament finally passed a law levying 30 percent tax on coal mine and iron ore profits. The legislation, which was passed last Monday, is considered to be a major win for the

RBA: Mining Boom to Last 10 Years

March 5, 2012 • Mining & Resources, World NewsComments (0)

Reserve Bank of Australia board member John Edwards today said the country’s mining boom will burn bright for the next 10 years, then slow to more average rates of growth. In a note written for the Lowy Institute, a foreign affairs think tank, he said