Mining Bulletin

The full story: In-depth news and analysis

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Mining Bulletins

The full story: In-depth news and analysis

A nice $21M profit has sealed a good 1st year of production for Weatherly, with more to come.

Iron ore prices are back on the roller coaster, and some of those aboard will be enjoying the ride less than others

Entrepreneur Robert Friedland’s next big thing could be looking for up to $1B before its Toronto listing, possibly next month. Clara Ferreira-Marques reports

Ivory Coast will be the latest in a string of African governments to invoke new taxes to boost the state share of resource revenues.

Slowing activity in Australia's resource industry is already hitting contractors, with no industry poised to pick up the slack left by mining.

The strong premium offered by IMC Resources for LinQ suggests Asian investors retain their faith in the Australian mining boom

Australian miners are reining in development projects in the face of high costs and sliding revenues.

A large maiden resource that exceeded expectations has opened up the development possibilities for Rathdowney Resources in Poland, according to a London investment bank.

The giant Samsung is moving into West African-focussed producer Cluff Gold to secure long term gold production

Ghana, Africa’s 2nd largest gold producer, is reconsidering a new 10% windfall tax on mining companies over fears it could do more harm than good. Kwasi Kpodo reports

Australian mining magnate Gina Rinehart has fronted up at the New South Wales Supreme Court over a dispute with three of her children.

Problems with Barrick Gold’s Saudi operations hit copper production as the company puts non-performing assets to the sword

Falling commodity prices don’t look like hurting Australia’s global top-10 AAA rating – Moody’s

A big jump in Queensland coal royalties has left miners already looking at cutbacks and investment delays, stunned.

Subtle pressure may be Intrepid Mines’ strongest weapon in the fight to regain its position at the highly prospective Tujuh Bukit project in Indonesia. John Feary reports

A team of big hitting Chinese investors are underwriting an accelerated exploration program to get Hawthorn into production within a year. Mark Mentiplay reports.

Iron ore prices had their largest jump ever on the back of China’s infrastructure spending plans, but will the good times last?

A successful geophysical survey has exceeded the expectations of Noricum Gold at its Rotgülden precious metals project in Austria, where 40 fresh targets have been identified

Glencore says its upwardly revised bid for Xstrata won’t change, but a lot can happen before the new Sept 24 deadline. Clara Ferreira-Marques reports

Junior Canadian gold explorer Pacific Rim needs to find more money to continue its El Salvador and US aspirations.

Aurizon’s new gold option could be just what it needs after cutting its production outlook and deferring a major project.

Coalspur posts another loss as it cranks up the giant Vista thermal coal mine for production in 2015

A dramatic last-minute switch has salvaged Glencore’s merger with global miner Xstrata for the moment, but the international commodities trader still has many hurdles to overcome. Clara Ferreira-Marques and Emma Farge report

The introduction of an ETF underpinned by junior mining equities could help investors gain exposure to a highly leveraged industry segment without the usual risk

A last minute change of course may have salvaged the merger of two global giants, but many issues still need to be resolved. Clara Ferreira-Marques and Emma Farge report

Cash strapped Straits Resources has launched a multi-million dollar resuscitation plan that could cost its major asset and split its operations. Mark Mentiplay reports

A big new US shareholder and 1st time Australian investor completes Centaurus’ $26M capital raising.

Mining magnate Gina Rinehart says expensive workers are making Oz too expensive for export-focused businesses.

Iron ore producers can take heart from a new Reserve Bank study that says China’s demand for steel for homes wont peak until 2024.

The gold price looks likely to pass through $US1800/oz this year on its way to bigger and better things in early 2013, though further drama in Europe could slow its progress. Chris Cann reports

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