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Terrorist Attack at NMDC Iron Ore Facility in India

Chhattisgarh's battle with the Maoists is now affecting its mines. The Indian State of Chhattisgarh saw almost 40 armed Maoists open fire at an NMDC mining facility in Dantewada district. NMDC Ltd is India's larg...

12 Jul 2010

China Slowdown on Iron Ore and Copper Imports

Is the global economic slowdown finally slowing down China? It would seem that way if you look at the decline in imports of iron ore and copper in the month of June from Australia.

From BHP Billiton Plc 12 Jul 2010

OneSteel Says MRRT OK

OneSteel says that the government’s proposed Minerals Resource Rent Tax or MRRT won't negatively affect Whyalla steelworks. Geoff Plummer, Chief Executive for OneSteel is however negotiating for a more simplified deal.

From InfraBuild 7 Jul 2010

Simon Crean Defends Original RSPT

Simon Crean the former trade minister and now minister for employment, workplace relations and education defended the controversial mining tax RSPT saying that in talks with overseas trade groups and financiers Mr. Crean...

From BHP Billiton Plc 5 Jul 2010

Aussie Mining Giants Happy with New Tax Proposal

The big mining companies in Australia have been expressing their approval of the government's cut in the proposed Resources Super Profits Tax. The new compromise tax has been redesigned and renamed under Prime Minste...

From Fortescue Metals Group Ltd 4 Jul 2010

Out With RSPT and in With Minerals Resources Rent Tax

In a major breakthrough for the Australian government, Prime Minister Julia Gillard managed to reach an agreement with the mining industry. The 40% tax proposed by Mr. Kevin Rudd on all resources has been modified to a 3...

From BHP Billiton Plc 4 Jul 2010

Tribunal Protects Rio Tinto's Railway Line in the Pilbara

Rio Tinto has welcomed the decision to keep its railway line in Western Australia closed to smaller iron ore miners.

From Aquila Resources Limited 1 Jul 2010

Andrew Forrest Confident on RSPT Resolution

Fortescue Metals Group Ltd chief Andrew Forrest is now feeling confident about reaching a deal over the Resources Super Profits Tax (RSPT) with the Australian Government.

From Fortescue Metals Group Ltd 30 Jun 2010

Rio Tinto Facing Problems with Iron Ore Deals

Rio Tinto seems to be facing problems with alliances and proposed alliances everywhere. A proposed iron ore venture with BHP Billiton Ltd may be voted down by the Rio Tinto Group shareholders as they do not agree to the current terms of payment.

From BHP Billiton Plc 29 Jun 2010

WorleyParsons Wins Contract with Vale

WorleyParsons an Australian engineering company and part of a consortium with the Canadian engineering and construction group SNC-Lavalin issued a statement on Monday saying that it had been awarded a contract to provide Vale’s S11D processing facility with engineering services.

From Vale 28 Jun 2010