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Cyclone Heidi Shuts Pibara Operations

Weather once again seems to be playing spoilsport in Western Australia as the approaching category two cyclone Heidi led to the precautionary shut down of two mining ports. The Pilbara region had suffered great losses in the mining sector due to heavy rains last year as well.

11 Jan 2012

Exxaro Resources Launches Bid for African Iron

Exxaro Resources has launched a $349 million bid for African Iron. The South African company is hoping to gain control of the Australian listed African Iron’s Mayoko iron ore project located in the Democratic Republic of Congo.

From THE CONNEXXION EXXARO RESOURCES 11 Jan 2012

LogiCamms Wins AUD$8.3 Million Rio Tinto Electrical Contract

LogiCamms has been chosen to conduct the initial phase of upgrade of electrical infrastructure at the Rio Tinto iron ore port assets in Western Australia.

11 Jan 2012

Gina Rinehart Appoints Daughter Ginia to Board

Gina Rinehart has decided to reward her loyal daughter by projecting her as her heir. The 25 year old Ginia Rinehart is the only one of her four children who is not suing her for control of her $10 billion empir

From Hancock Prospecting Pty Ltd. 10 Jan 2012

Northern Iron Continues to Drill at Karas Property

Northern Iron is continuing the drilling program at the Karas property located in the Red Lake mining division of Ontario, Canada.

10 Jan 2012

Grange Resources Looks to Sell Iron Ore Assets

Grange Resources is contemplating selling some of its stake in the Southdown Iron Ore Project to help fund debt and equity requirements. The Perth based company owns 70% of the project in Western Australia which is a proposed $2.57 billion export venture.

From Grange Resources Limited 3 Jan 2012

Century Iron Mines Reports Phase II Interim Results from Duncan Lake Project

Century Iron Mines has reported the phase II interim drilling results from its 51% owned Duncan Lake iron ore project.

21 Dec 2011

Anglo American Looks to Sell Amapa Iron Ore Project

Anglo American is planning to sell its stake in the Amapa iron ore project in northern Brazil. It is considering selling its majority stake in the project so that it can concentrate on the development of its Minas - Rio project in the south of Brazil.

From Anglo American Plc 20 Dec 2011

Mining Will Continue to Drive Australian Economy in 2012

Iron ore prices are constantly rising and will fuel the Australian resources boom for at least one more year as per the Bureau of Resources and Energy Economics.

18 Dec 2011

Mining Now Employing 100,000 People in WA

Employment opportunities in the mining sector in Western Australia are growing steadily. The Australian Bureau of statistics has shown that total mining employment has hit 100,000 in the state and is likely to rise.

18 Dec 2011