Dr. Cameron Chai

Articles from Cameron

Cape York Bauxite Mine No More

The cancellation of a mine in Queensland is going to cost the state hundreds of jobs as per members of the opposition. Cape Alumina Limited (ASX:CBX) has cancelled a $1.2 billion worth bauxite mining project on the Cape York Peninsula in Far North Queensland as the project ran into trouble with the Queensland Wild Rivers declaration.

19 Oct 2010

BHP Rio Tinto Iron Ore JV Dead

The proposed joint venture between BHP Billiton and Rio Tinto has finally been laid to rest in the face of regulatory opposition coming in from Europe and Asia. The joint venture located in Western Australia would have created the world's largest iron ore exporter.

18 Oct 2010

Race Against Time to Reach Trapped Coal Miners in China

In a desperate race against time rescue workers in China are trying to reach 11 trapped miners in the Pingyu coal mine in Central China.

18 Oct 2010

Mexican Mining Industry Threatened by Drug Cartels

The Mexican mining industry faces a new threat from drug cartels. According to the Mexico Mining Chamber some mining firms engaged in exploration in remote areas have shuttered some projects due to the rising costs of security. The isolated mountain regions in Mexico are where drug traffickers grow marijuana and heroin poppies.

17 Oct 2010

Australia's Mining Boom Needs to be Better Managed: Warwick McKibbin

Reserve Bank of Australia board member Warwick McKibbin said that the mining boom in Australia and its economic effects would be better managed if the national policies were sharper. Of the large surge of income into the economy he said that all tools of policy have to be focused on the key issue facing the country, the resources boom.

14 Oct 2010

Colorado Mining Association Not Happy with Xcel Energy Plan

A Colorado based coal industry group, the Colorado Mining Association, has asked two public utilities commissioner to excuse themselves from considering a plan by Xcel Energy (NYSE:XEL). The plan involves the company switching some power plants to run on natural gas rather than on coal.

14 Oct 2010