Archived News for Industry Professionals
Engineering specialist Ausenco has been awarded the $45 million create phase engineering services contract for the US $1.8 billion Bozashakol copper project in Kazakhstan.
The Brisbane-based firm’s Minerals and Metals business will provide engineering service for a copper concentrator plant that has an estimated throyghput of around 28 million tonnes per annum.
Resources boom impact has peaked, economists warn
The benefits of the resources boom have reached a peak, with major implications for Australia’s economy, Victoria University economists Peter Sheehan and Bob Gregory have warned.
BHP Billiton strikes royalty agreement with WA
Mining giant BHP Billiton has finalised an agreement with the Western Australian Government that will see increases to the the royalty rate payable to the State for its iron ore Fines product.
CSG under fire as damning report suppressed
A report that 'thoroughly dismantles' the claim that coal seam gas is a clean energy source has allegedly been suppressed by the company that was contracted to publish it.
Mount Peak deal signed
Mining and resources company TNG Limited has signed a $13.4 million agreement with China’s Ao-Zhong International Minerals to co-develop the key pilot plant test work as part of TNG's Mount Peake Iron-Vanadium Project in the Territory.
WA receives appeals against Vasse Coal recommendations
The Western Australian Minister for Environment Bill Marmion has received an independent Appeals Committee report against the Environmental Protection Authority’s (EPA) recommendations against the Vasse Coal proposal.
Carbon tax package passes Senate
The Federal Government has successfully passed its carbon tax package through the Federal Upper House, with the legislation due to take effect in July, 2012.
SA Opposition to back Olympic Dam expansion
The South Australian Opposition has announced it will back the passage of the Olympic Dam expansion bill, ensuring the legislation’s passage through State Parliament before Christmas.
MRRT goes before parliament
The Federal Government has introduced the controversial minerals resource rent tax (MRRT) llegislation before parliament, with Acting Prime Minister Wayne Swan describing the legislative package as ‘an historic reform’.
MCA releases carbon pricing economic impact assessment
The Minserals Council of Australia (MCA) has published its Economic Impact of the Carbon Pricing Scheme, which addresses perceived ‘shortcomings’ of Treasury’s current modelling.
New UQ centre to focus on CSG
The University of Queensland has announced plans to establish a new centre of excellence within the Sustainable Minerals Institute for research and education in coal seam gas.
BHP Billiton moves ahead with Cavel Ridge project
BHP Billiton has announced it will continue with the planned construction of the Cavel Ridge mine project and expansion of Peak Downs in the northern Bowen Basin.
QR National expands Peabody coal haulage contract
QR National has expanded contract tonnages in its long-term coal haulage agreement with Peabody Energy Australia Coal in NSW’s Hunter Valley.
$6.6 billion Kevin's Corner project EIS released
The Queensland Government has released the environmental impact statement for the $6.6 billion Kevin's Corner coal mine project for public comment.
Resources investment boom to continue
Investment in Australia's mining and resources sector is set to continue at an ever-increasing pace, regardless of the implementation of the carbon tax, according to a report published by Deloitte.
Federal Government pushes for resources transparency
The Federal Government has announced it will be increasing its support, both domestically and internationally, for greater degrees of transparency in the mining and resources sector.
ACCC grants coal miners collective negotiation rights
The Australian Competition and Consumer Commission (ACCC) has granted a number of coal miners interim authorisation to collectively negotiate with Dudgeon Point Project Management Pty Ltd (DPPM) in Queensland for the export of coal through the Port of Hay Point.
Australian Mining Initiative launches
Prime Minister Julia Gillard has launched the Federal Government’s Mining for Development initiative aimed at assisting developing countries use their natural resources to improve their economies.
Alcoa to modernise Anglesea plant agreement
The Victorian Government has introduced legislation before State Parliament that will see modernise the Agreement for Alocoa’s Anglesea coal mine.
QR National signs haulage deal with Aquila
QR National signed a new 10-year coal-haulage contract with Aquila Resources that will see 1.6 million tonnes per annum of coal moved from the Washpool mine in Central Queensland to the new terminal at the Port of Gladstone.
Five-year mining boom underway: Report
A new report released by industry research specialist BIS Shrapnel has found that Australia’s mining sector is likely to continue to boom over the next five years.