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Macarthur Coal Takeover Good Timing for Gillard

Despite the impending doom being spelled out by analysts against the mining tax and carbon tax, the coal industry in Australia has projects worth $15.9 billion under construction. There is also the hope that by the financial year 2015-16 exports of coal will be up by 60%.

13 Jul 2011

Zone Resources Signs Diamond Drilling Contract for Labrador Trough Iron Properties

Zone Resources has entered into a diamond drilling contract to conduct drilling at its Nunavik district, Northern Quebec-based Labrador Trough iron properties.

13 Jul 2011

Australian Miners Will Lose Competitive Edge: Gina Rinehart

Gina Rinehart said that the international competitiveness of Australia would be impaired by the proposed mining and carbon taxes. The iron ore heiress was speaking on the sidelines of the Boao Forum for Asia business conference in Perth.

12 Jul 2011

Arizona Congressman Says Grand Canyon Mining Ban Detrimental to Economy

Interior Secretary Ken Salazar may have thought that the ban on mining near the Grand Canyon would give him some breathing space from environmentalists, but he would not have expected the fall out with Arizona congressman Jeff Flake.

12 Jul 2011

Casablanca Mining Buys Ownership Interest in Hard Rock Gold Mine, Chile

CASABLANCA MINING has announced that its subsidiary, Santa Teresa Minerals, has acquired a 70% ownership interest in a hard rock gold mine in Chile.

12 Jul 2011

Braemar Iron Alliance to Make $7 Billion Investment in Rail Infrastructure

Braemar Iron Alliance is likely to invest more than $7 billion at a new iron ore project near Broken Hill. As per the company the area between Peterborough in South Australia to Broken Hill is likely to become Australia's next major iron ore province.

10 Jul 2011

Bradken Shares Jump After Recent Acquistions

Bradken (ASX: BKN), an Australian mining equipment supplier, saw its shares rise to $8.64 (+4.73%ý) last week after it announced that it had made some acquisitions that would raise earnings by $28 million.

10 Jul 2011

Match Capital Resources Completes Summer Drilling at Indian Lake Property

Match Capital Resources (Match) has completed the summer drilling program at the Indian Lake property. The company has drilled a total of 1,173 m, totaling nine holes.

8 Jul 2011

SouthGobi Receives Mining License for Soumber Deposit

SouthGobi Energy Resources Ltd. (SGQ.TO) has been issued a mining license for its wholly owned Mongolian operating subsidiary SouthGobi Sands by the Mineral Resource Authority of Mongolia. Shares in the company rose by 5 cents after the announcement to end up at $10.75.

From SouthGobi Resources Ltd 7 Jul 2011

Fortescue Metals Looks to Cut Costs With Driverless Dump Trucks

The Fortescue Metals Group has decided to use robotic dump trucks in the Solomon project being planned for the Pilbara region of Australia's North West. Andrew Forrest’s company will have an automation rollout in Western Australia that is larger than the one operated by rival company Rio Tinto.

From Fortescue Metals Group Ltd 7 Jul 2011