The Karnataka state government's desperate plea to the central government in India to ban the export of iron ore met with sensible resistance to the impractical idea.
By Joel Scanlon
13 Sep 2010
The Australian Pipeline Industry Association has high expectations for the next decade.
The Chief Executive of the APIA, Cheryl Cartwright said that they expect $10 billion worth of high pressure gas pipelines to be b...
By Dr. Cameron Chai
13 Sep 2010
John Holland Group will be developing a port associated with Rio Tinto's Cape Lambert iron ore project.
Alrosa, Russia's largest diamond company, has posted a profit of $70 million for its Catoca diamond mine located in Angola. The mine situated near the town of Saurimo in north east Angola sold about 7 million carats of gems earning a gross production value of $122.6 million.
By Dr. Cameron Chai
12 Sep 2010
Lithium Americas has provided a timeline for the completion of the feasibility study for its Cauchari lithium and potassium resource in Argentina.
By Dr. Cameron Chai
12 Sep 2010
Kenmare Resources PLC will join the FTSE 250 index of shares on the London Stock Exchange after the quarterly review of the London Stock Exhange's FTSE UK Index Series. The changes will be applicable from Monday September 20, 2010.
The sale of 10 per cent stake in Manganese Ore (India) Ltd. as part of a sale of state assets has been approved by the Indian cabinet.
By Joel Scanlon
12 Sep 2010
Queensland Coal Industry Rail Group or QCIRG has been unable to meet its own or the government's requirements for the coalition of a group of mining companies to set up a state coal freight network. The coal companies led by BHP Billiton have failed to acquire the bid and did not elaborate on the reasons.
Bahia Mineracao Ltd is seeking a loan of $1.4 billion from banks in Brazil to finance an iron ore project in the north east of Brazil.
By Joel Scanlon
9 Sep 2010
The Chief Executive of Mirabela Nickel Ltd, Ian Purdy said that the company is looking forward to raising $148 million for growth.
By Dr. Cameron Chai
9 Sep 2010
Australia's resource exports had a record quarter with $44 billion worth of exports as per the Australian Bureau of Agricultural and Resource Economics (ABARE).
Santos is getting ready to sell 15% of its stake in a Gladstone liquefied natural gas project before it commits to the first phase later this year. The third largest oil and gas producing company in Australia is calling for a trading halt as it enters negotiations with Total.
The construction of Ivanhoe's Oyu Tolgoi Copper Gold complex in Mongolia is proceeding as per schedule. The President and Chief Executive Officer of Ivanhoe Mines Ltd. John Macken said that the successful ramp up to full scale construction was a remarkable achievement by the project's workforce and contractors.
Ann Pickard the new chairwoman of Shell Australia said that Shell had no plans to buy Woodside Petroleum. Shell already owns a 34 % stake in the company and has failed with a takeover bid for the Perth based oil and gas company in 2001.
By Dr. Cameron Chai
8 Sep 2010
Eldorado Gold Corporation has withdrawn its takeover bid for Andean Resources. The Canadian gold mining company's president and chief executive Paul Wright made the announcement on Wednesday.