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AUSTRALASIA

Big miners expected to deliver strong results

Wednesday , 28 Jul 2010
While investors expect a more cautious tone to be sounded for the second half by the likes of Vale, Anglo American and Rio Tinto, strong demand from Asia is expected to have boosted first half earnings

Macarthur Coal reports record full year coal sales, despite Q4 decline

Wednesday , 28 Jul 2010
The Australian miner reported a 10.8% drop in Q4 sales but said it finished the year with a record 5.23m tonnes in sales

Lihir Gold announces 6% jump in Q2 output

Wednesday , 28 Jul 2010
The gold miner, set to be taken over by Newcrest, says it is on track to meet full year guidance

Macarthur Coal, CITIC resources, call off A$110m coal JV deal

Tuesday , 27 Jul 2010
The two group's have scrapped plans for a coal joint venture after the deal met with resistance from minority shareholders

Newcrest strikes equity alliance with Sumatra Copper and Gold

Tuesday , 27 Jul 2010
Under the agreement, Newcrest will take up to a 13.2% stake in Sumatra and, among other things, earn a 70% interest in the group's Tandai project

Australia's mid-tier miners and explorers recommence Canberra tax bash

Monday , 26 Jul 2010
As elections loom, the organisation representing small and medium-sized miners and explorers has decided to restart its advertising campaign against a proposed mining tax

Australian mine lobby to resume anti-tax campaign

Monday , 26 Jul 2010
The mining lobby, which represents mostly smaller miners, said Monday it was still against the amended tax - despite an agreement between government and major miners

Takeover tilt at Australia's Sandfire negated by big Korean investment

Friday , 23 Jul 2010
A future takeover of Western Australian explorer Sandfire Resources Ltd (ASX: SFR) by OZ Minerals Ltd which many observers had been expecting now looks impossible

Bendigo Mining and BCD Resources to merge

Thursday , 22 Jul 2010
Two mid tier gold miners in Australia are planning to merge, which would see better utilisation of assets in both Victoria and Tasmania.

Forrest fires another salvo at the Australian Government

Thursday , 22 Jul 2010
High profile Australian mine developer Andrew Forrest has demanded that the re-cobbled new Federal mining tax needs to be discussed by the "wider" Australian community.

Independent expert recommends Newcrest offer - Lihir

Thursday , 22 Jul 2010
The backing for the $8.7bn offer clears the way for shareholders to vote on the deal to create the world's fourth-biggest miner

Newcrest Q4 gold output jumps 26%

Thursday , 22 Jul 2010
The gold miner also came one step closer to finalising its bid for Lihir Gold after an independent expert backed its cash and scrip offer

New Zealand drops proposal to open up conservation areas for exploration

Wednesday , 21 Jul 2010
Mineral exploration in New Zealand was tripped up this week when the New Zealand Government backpedalled on a proposal to open selected parts of the conservation estate for exploration.

BHP cautious on short-term commodities outlook

Wednesday , 21 Jul 2010
The group, which reported a 16% jump in quarterly iron ore production said, Uncertainty surrounds the near-term prospects for growth in the developed world..."

Asian firms have $7bn in Australian coal assets in their sights

Wednesday , 21 Jul 2010
With long-term forecasts calling for greater coal consumption over the next 30 years, companies across Asia are jostling for supplies and valuations of Australian coal miners are being pushed up

China's steelmakers see great potential in Australian magnetite ore

Wednesday , 21 Jul 2010
As these steel producers nurture new supply sources they could well end up cutting China's reliance on giant miners like Rio Tinto and BHP Billiton

The Pros and Cons of gold as an investment

Monday , 19 Jul 2010
Gold's primary merits as an asset derive not from the flipside of the level of confidence in the financial system generally, and paper currencies.

Ausenco awarded contract for major Canadian copper-gold project

Monday , 19 Jul 2010
Australian engineering company, Ausenco, has been awarded a major contract forTaseko Mines' big Prosperity copper-gold project in British Columbia.

Preview - impact of various Australian election outcomes on the mining tax

Friday , 16 Jul 2010
Australia's new prime minister is likely to call an election on Saturday, what is the best outcome for miners?

The Australian Government's door for miners is barely ajar - AMEC

Friday , 16 Jul 2010
The Association of Mining & Exploration Companies (AMEC) says the long-promised dialogue between Julia Gillard and miners other than the big three has not happened.

OZ Minerals says copper output on track, raises gold production forecast

Friday , 16 Jul 2010
The Australian miner said a strong second quarter will help push up gold output for the year.

Gammon Gold says Q2 production rose 4.8%

Friday , 16 Jul 2010
The Australian miner said the increase is attributable to higher output at its Ocampo mine inMexico

Fortescue predicts slight drop in Q3 iron ore production

Thursday , 15 Jul 2010
The Australian miner said production in the September quarter would fall to between 9 and 10m tonnes as a result of maintenance work

New Australian zircon-rich heavy minerals project adds to Iluka's new momentum

Wednesday , 14 Jul 2010
One of Australia's richest discoveries, the remote mineral sands deposits for leading global producer Iluka Resources Ltd in the South Australian sector of the Eucla Basin, is now reaching full production.

Fortescue blasts the new Gillard scheme for taxing big miners

Wednesday , 14 Jul 2010
The miner is concerned that the statement contained no clarityon how or where the tax would be raised,

New board proposed for Sundance Minerals

Tuesday , 13 Jul 2010
The proposed new board for Sundance Minerals Ltd, which lost its entire board in a tragic short aircraft flight from Cameroon to the Democratic Republic of Congo, has been named.

BHP, RIO JV delay ignites talk of plan B

Tuesday , 13 Jul 2010
While still focused on pushing the $116bn iron ore JV through the companies have been talking more about a recent agreement made with Western Australia that analysts have dubbed plan B.