Nicole Roocke, director of Western Australia's Chamber of Minerals and Energy, is amongst the many people who are apprehensive that a heritage listing for the Kimberley region by the government will lead to restrictions on the region’s mining and exploration development.
Australian mining companies are increasing their investment in African mines. The Foreign Affairs Minister Kevin Rudd said in a pre-recorded message to more than a thousand delegates at a mining conference in Perth that Australia was committed to sharing its mining experience.
Beowulf Mining is optimistic about its flagship project in Sweden. The Kallak South and Kallak North exploration drilling program have shown interesting and positive assay results. Bewoulfe Mining says it is greatly encouraged by the results of the drilling at the large iron ore resource.
Zone Resources has reported that the Ontario-based Discovery Diamond Drilling has moved a drill rig to the Labrador Trough for commencing the diamond drill program at the Zone Land Package.
Argus Metals has completed the Phase I reconnaissance program at the "core" 60 sq. km claim block of the Iron King project. The company has discovered long iron magnetite outcrops trend of 2 km in the west part of the project along with a central iron unit, which is mapped to having a true width of 25 m over >300 m.
Australia’s BlueScope Steel has let 1,000 employees go as it exits the export business thanks to a 1 billion dollar loss that the company has incurred. In response to the event the boss of the Australian Workers Union, Paul Howes said that Dutch disease was crippling Australia’s economy.
IronOne has begun the diamond drilling program at its Maguse River iron project. Two drill rigs are being used in this program. The location of this project is about 60 km to the north of the Arviat coastal town, southern Nunavut.
Exxaro Resources is the second largest producer of coal in South Africa and the diversified miner wants to increase its share in iron ore as well. As of now the company does not produce iron ore on its own and is evaluating projects in West Africa and Australia where it can take on an interest in a venture to boost its earnings.
Andrew Twiggy Forrest of the Fortescue Metals Group has a lot to smile about. The company has recorded a jump of 76% in profits in the full year net profit this year. The Fortescue Metals Group reported net profit of $ 1.022 billion on higher iron ore prices.
Advanced Explorations (AEI) has reported the additional drilling results from the Tuktu iron ore project, which is situated in Nunavut, Canada.
Terms
While we only use edited and approved content for Azthena
answers, it may on occasions provide incorrect responses.
Please confirm any data provided with the related suppliers or
authors. We do not provide medical advice, if you search for
medical information you must always consult a medical
professional before acting on any information provided.
Your questions, but not your email details will be shared with
OpenAI and retained for 30 days in accordance with their
privacy principles.
Please do not ask questions that use sensitive or confidential
information.
Read the full Terms & Conditions.