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  • Australia Records Large Trade Surplus
    News - 7 Jul 2010
    Australia has recorded a trade surplus of $1.65 billion in May 2010 which was way beyond the predicted $500 million value. The large Australian trade surplus may well be reflective of the rise in...
  • Simon Crean Defends Original RSPT
    News - 5 Jul 2010
    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...
  • Out With RSPT and in With Minerals Resources Rent Tax
    News - 4 Jul 2010
    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...
  • Tribunal Protects Rio Tinto's Railway Line in the Pilbara
    News - 1 Jul 2010
    Rio Tinto has welcomed the decision to keep its railway line in Western Australia closed to smaller iron ore miners. The Australian Competition Tribunal backed Treasurer Wayne Swan's decision to...
  • WorleyParsons Wins Contract with Vale
    News - 28 Jun 2010
    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...
  • Afghanistan Sitting on US$1 Trillion of Natural Resources
    News - 15 Jun 2010
    The image of Afghanistan as a poor under developed country may soon need a change as Pentagon geologists have placed the value of mineral deposits in the country at an estimated US$1...
  • Rio Tinto's Sam Walsh Awarded Order of Australia
    News - 14 Jun 2010
    Rio Tinto's iron ore chief, Sam Walsh, was awarded an Order of Australia in the Queen's birthday honours list. The award list is run through the governor general's office and the honour is...
  • KPMG Says RSPT Will Make Australia Uncompetitive
    News - 14 Jun 2010
    According to data provided by a model produced by KPMG on the mining industry the proposed RSPT from the federal government will make the mining companies in Australia pay 42% higher tax rates than...
  • Labor MP Lyn Breuer Says Super Profits Tax Will Take Whyalla off the Map
    News - 8 Jun 2010
    The Resources Super Profits Tax or RSPT announced by the federal government has South Australian Labor MP Lyn Breuer worried. The planned mining tax would adversely affect the OneSteel mill which is a...
  • Advanced Explorations Initiates Accelerated Exploration at Tuktu 2 Anomaly
    News - 3 Sep 2012
    Advanced Explorations (AEI), a resource development firm, has announced that the company has commenced an accelerated exploration campaign at the Tuktu 2 anomaly, as per the new contract signed with...

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