Joel Scanlon

Salt Mining at North Stradbroke to be Stopped

Queensland Premier Anna Bligh feels that North Stradbroke Island off Brisbane will do better as a tourism spot than as a mine. The Queensland Government will be halting the salt mining on the Island by 2027.

Fortescue Signs Deal with Chinese to Boost Iron Ore Production in WA

Australia’s third largest iron ore producer Fortescue Metals Group, is about to sign an engineering agreement with a Chinese company to help boost its iron ore production at its Chinchester Hub.

Ernst & Young Report Says RSPT Based on Wrong Theory

Another study commissioned by the Mining industry on the proposed mining tax has found flaws in the Government's proposed mining tax model. The report was given by Ernst & Young says that the Resources Super Profit Tax or RSPT proposed by the federal government is based on a wrong theory.

Chinese Vice President Visits Australia, Mining on the Agenda

Chinese concern over the Australian Government's proposed Resources Super Profit Tax (RSPT) is likely to be high on the communication agenda when Vice President Xi Jinping of China meets Australian Prime Minister Kevin Rudd today.

Tragedy Strikes Sundance Resources

In a tragic accident for the Sundance Resources mining company the aircraft which crashed into dense forests in Africa had no survivors. The Perth based company lost its chairman, managing director and CEO, company secretary and three directors. There were a total of 11 people on board.

Ken Henry Airs Frustration Over RSPT Debate

Significant Magnetite Iron Discovery for Minotaur Exploration

Minotaur Exploration based in Adelaide has found a promising iron ore prospect west of Broken Hill in South Australia. Today Minotaur Resources reported a 40km long magnetite iron ore deposit which is about 124m thick.

China Inks Seven New Australian Mining Deals

Australian Prime Minster Kevin Rudd is seeing the new agreements signed with China in Canberra yesterday as a way at getting back at those criticizing the RSPT. Of the 10 agreements signed 7 related to the resources and energy sector.

Mining Did Not Save Australia From Recession, Says Treasury Secretary

BP CEO Given Capitol Hill 'Dressing Down'

Tony Hayward, BP CEO was given a humiliating dressing down before an energy sub-committee investigating the Gulf of Mexico oil spill.