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Gold continues to surge

Gold surging to near six year high

Gold prices have surged to a near six-year high overnight after the US Federal Reserve bank signalled it was ready to cut interest rates as early as next month to boost growth, triggering a sharp...

macmahon contractors will acquire GBF

Macmahon to acquire mining contractor GBF

Macmahon Holdings Limited (ASX: MAH) has entered into an agreement to acquire underground mining contractor GBF Holdings (WA) Pty Ltd and its The acquisition includes all GBF subsidiaries and is...

Future of coal looks promising with increased energy demands according to a new report

Coal council celebrates with positive news

Greg Evans from the Coal Council is upbeat about the future of coal following a new report. In a statement released today, Evans highlighted the positive outlook for the sector moving forward. He...

Queensland Resources Council announced and export record

Queensland resources sector sets export record

More than 315,000 Queensland men and women working in the State’s resources sector have helped Queensland post a new export record. Queensland Resources Council Chief Executive Ian Macfarlane said...

Boom? What Boom? Can we call it that yet?

Rio Tinto has confirmed it will spend $3.5 billion developing the Koodaideri iron ore mine near Newman, in what is set to become the most technologically advanced iron ore mine in the world. 

BHP copper exploration program update

BHP confirmed identification of a potential new iron oxide, copper, gold (IOCG) mineralised system, located 65 kilometres to the south east of BHP’s operations at Olympic Dam in South Australia. 

W.A. Government introduces strict new fracking controls

Fracking will not be permitted over 98 percent of Western Australia and, for the first time, traditional owners and farmers will have the right to say no to oil and gas production from fracking on...

AUSTRALIAN POTASH HARVESTS FIRST POTASSIUM RICH SALTS

Australian Potash Limited has advised the successful completion of the final transfer of brine into Harvest Pond 3 at the Lake Wells Sulphate of Potash project’s pilot evaporation pond network. 

SIMPEC awarded contract at Iluka Resources project

SIMPEC has been awarded a contract to install a flocculant treatment plant for Iluka Resources’ new mineral sands project in Cataby. The A$1.7 million ($1.2 million) contract award will see SIMPEC, a...

Aussie Gold Production Near Record Levels

Australia is heading for a record level gold production year according to a new report released by mining consultants Surbiton Associates this week.