Tag: Australian resources
Fortescue to cut debt after posting record profit
Fortecsue Metals Group, the world’s fourth biggest iron ore producer, has more than tripled its half-year profit and is planning on reducing its large...
BHP Billiton reports improved financial performances
Mining giant BHP Billiton yesterday announced its financial results for the December 2013 half year, which showed that the company posted a 15% increase...
Minister Hunt to grant himself retrospective legal immunity
Environment minister Greg Hunt is set to grant himself retrospective legal immunity against potential claims that he disregarded environmental advices before approving key mining...
Australia’s OZ Minerals on a quest to find new CEO, partners and acquisitions
Australian copper miner OZ Minerals has intensified the search for a new chief executive after reporting a full-year operational loss of $62.5 million, sending...
Victorian Coalition Government supports new Bayer Centre
Bayer Wheat & Oilseed yesterday opened its new state-of-the-art Breeding Centre at Longerenong which will be researching wheat and canola varieties suited to Australian...
Coal producers handed interim authorisation for collective negotiations
RG Tanna Coal Export Terminal Producers have been given a green light to immediately commence collective negotiations with the Gladstone Ports Corporation (GPC) after...
Australia’s Super Pit gold mine given an 8-year life extension
Kalgoorlie Consolidated Gold Mines (KCGM) has extended the life of its Super Pit gold mine by an additional eight years, thus delaying its closure...
Community feedback on Hillside project now available online
Mineral Resources and Energy Minister Tom Koutsantonis announced that the feedback provided by community groups and members of the public with regards to the comprehensive...
MMG warns of reduced zinc output as Century mine runs out of reserves
The global shortage of zinc supply is about to deepen following the announcement made by Chinese MMG that the world’s third biggest zinc mine,...
Tasmanian Deputy Premier Bryan Green to chair Pulp Mill Consultative Committee
Businesses and community groups in support of the Bell Bay pulp mill have agreed to form a Consultative Committee to be chaired by Deputy...
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