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  • Aquila Resources Receives Approval for West Pilbara‎ Iron Ore Mine
    News - 5 Dec 2011
    The approval of its first iron ore mine saw the shares in Aquila Resources peak at $7.00 this week. The $6 billion worth iron ore project in West Pilbara was given conditional approval by the...
  • BHP Says Mining Will Create 170,000 New Jobs Over Next 5 Years
    News - 29 Sep 2011
    BHP Billiton said that the resources industry in Australia will create many jobs over the next five years. They are expecting a demand for 170,000 workers to hit the industry nationwide providing...
  • Namibia Withdraws Planned Mining Tax Hike
    News - 18 Aug 2011
    The government of Namibia has withdrawn its proposed mining tax hike. Earlier in the year the Namibian government had announced a proposal to raise the mining tax rate to 44% from its current rate of...
  • Caterpillar Finalizes Bucyrus Acquisition
    News - 13 Jul 2011
    After Caterpillar completed its $8.8 billion acquisition of Bucyrus on Friday it announced the start of a new mining equipment division in Milwaukee. The acquisition deal was announced last December....
  • Mining Boom Sees Australian Trade Surplus Reach Highs
    News - 6 Jul 2011
    The Australian mining boom has carried the country’s trade surplus to a seven month high of $ 2.33 billion. As per the Bureau of Statistics this is the revised trade surplus from the $ 1.62...
  • South African Miners Want 14% Pay Rise
    News - 14 Jun 2011
    South Africa’s National Union of Mineworkers is to ask the Chamber of Mines for a 14% wage hike as official talks began between between the two parties this week. This is part of the 2011 wage...
  • UBS Names New Boss for Metals and Mining in Asia Pacific
    News - 8 May 2011
    Campbell Stewart has been named the head of Metals and Mining for UBS for the Asia Pacific region for investment banking. Mr Stewart is currently the head of investment banking for UBS in Melbourne...
  • Brazil's CSN Reports Profit Rise of 38%
    News - 5 May 2011
    State run Brazilian steel maker CSN has announced first quarter profits as Net Income rose by 617.5 million Brazilian reais, a bit short of estimates of 677 million reais profits as expected by...
  • Extract Resources Seeks Clarification from Namibia
    News - 1 May 2011
    Extract Resources is a uranium explorer hoping to conduct business in Namibia. The company has said that it will be seeking clarification from the Namibian government on comments that were made by it...
  • Cliffs Natural Resources Aims to Raise $1 Billion
    News - 20 Mar 2011
    Cliffs Natural Resources Inc is hoping to raise $1 billion by selling senior notes. Bonds that carry a coupon rate of 4.8% that will mature in April 2021 will be issued for $700 million worth of...

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