Aboriginals receive a greater say in Pilbara mining operations, as Rio Tinto awards iron ore contract that should see increased employment for indigenous Gurama natives.
Rio Tinto (RTP) has awarded a major new mining contract in its Pilbara iron ore operations to a joint venture between native title holders the Eastern Guruma and mining [...]
Mining giant BHP Billiton has announced revised figures that significantly upgrade the reclaimable reserves for its flagship Olympic Dam operation in southern Australia.
New figures released by BHP (NYSE:BHP) point to a 22% increase from 284 thousand tonnes to 347.5 thousand tonnes of of U3O8, due to mineral re-classification as operational drilling taps into larger [...]
A total of A$40 million has been raised by Toro Energy Ltd as the emerging uranium project developer forges ahead to have first production from its key Western Australian uranium project by 2012.
Proceeds from the capital raising will be sufficient to fund all approvals and completion of a bankable feasibility study by 2011 for Toro’s Wiluna Uranium Project in [...]
Under Indonesian law, foreign mining companies operating in the country are required to sell 51% of their local holdings back to the government after 5 years of commercial operation.
However, Newmont (NYSE : NEM), will only be asked to relinquish 17% of its subsidiary, PT Newmont Nusa Tenggara (PTNNT), as 20% of this [...]
Australia could be looking at a new multibillion-dollar export market as China looks for a steady supply of uranium, which it needs to underpin a massive expansion in its nuclear power industry.
Chinese officials this week announced they would start building five extra power plants this year on top of the 24 [...]
China has embarked on an ambitious spending spree in order to help stave off recessionary pressures & attempt to maintain a growth target of 8% in 2009. Following on from its massive $585M stimulus package, announced in early November, news of deals in energy & metals has been flowing over the last week. When the stimulus package [...]