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Major Mining Players At Risk of Collapse

Five mining companies with turnovers of more than $100 million, including three with turnovers of more than $1 billion, are at high risk of financial collapse according to research from SV Partners...

BHP announces $US5.89 billion full-year profit

In an announcement this morning, BHP listed a final dividend of 43 US cents a share; bringing the company’s full-year payout to 83 US cents. This was on the back of a 24% surge in revenue to $US38.3...

Eastern Goldfields avoids wind-up order

The wind-up of Michael Fotios’ Eastern Goldfields has been cancelled after payment of the debt which triggered the order. The Supreme Court yesterday returned Eastern Goldfields to its directors on...

Training Academy takes skills to next level

Leading mining and earthmoving equipment supplier Komatsu Australia has moved into the vocational educational field, offering a range of high-level technical, operator and management courses...

Reopening of Pilbara mine

The McGowan Government has welcomed Chinese company Ningxia Tianyuan Manganese Industry’s (TMI) decision to restart the Woodie Woodie mine in the Pilbara. TMI will invest $30 million to bring...

Coal

COAL21 FUND LOOKS TO FUTURE

COAL21 FUND LOOKS TO FUTURE Statement from Greg Evans Chief Executive COAL21 Fund  The COAL21 Fund has announced its continuation and a strong commitment to fund a range of projects over the next 10...