A federal inquiry team studying the effects of the ‘fly in fly out’ workforce is moving around regions that are affected by this mining practice. The inquiry is being conducted by the House of Representatives Standing Committee on Regional Australia to see exactly how the mobile workforce impacts the local community.
Rio Tinto is now thinking of moving its ore transportation to driverless trains. The mining giant has lined up an investment of $518 million for such trains. It does cast a shadow on the future of its current 500 plus train drivers in the Pilbara region.
IronClad Mining is flush with would be investors as it develops its Wilcherry Hill project. Investors have woken up to the potential of the company as it goes from being the second smallest mining company to developing one of the most advanced iron ore projects in South Australia.
Gina Rinehart has penned a poem entitled “Our Future”. The poem has eight rhyming couplets and goes after the government whilst praising Australia’s resources industry.
As per the Reserve Bank of Australia’s Deputy Governor, the mining boom has benefited more than just Western Australia and Queensland.
Oceanic Iron Ore has released an additional set of assay results from 32 drill holes across the Zone 4, Castle Mountain, McDonald Zone, Iron Valley and Bay Zones B, C, E and F in the Hopes Advance project region.
IronClad Mining has entered into a trading halt until Thursday as it awaits a capital raising. The funds from the proposed capital raising will be used to begin production at its magnetite iron joint venture project in Australia.
Republicans in Wisconsin have presented their version of a bill to allow a Florida based mining company to operate an iron ore mine in the far north western part of Wisconsin. The company known as Gogebic Taconite is interested in operating a huge open pit mine in a location just south of Lake Superior.
BHP Billiton is in the mood to acquire. Chief Executive Officer (CEO) of the largest mining company in Australia, Marius Kloppers said this week that BHP Billiton will be looking to make more acquisitions as the mining industry consolidates.
Cap-Ex Ventures has declared the assay results for three holes from the Northwest Zone on the Block 103 iron property situated roughly 30 km northwest of Schefferville’s mining town in Quebec.
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