Iron – The largest iron ore mine that Australia's Northern Territory has seen in 20 years opened on Monday, Herald Sun News reported.
Articles Tagged "australia"
Iron – Australia's Fortescue Metals Group (ASX:FMG) has broken a new record by loading its biggest-ever shipment of iron ore through Port Hedland, Australian Mining reported.
Coal – Bloomberg reported that as coal exports from Australia to Colombia increase, a rally that has lifted prices for the fuel will come to an end. As a result, the coal surplus will increase by 20 percent, to 6 million metric tons, in 2014, according to Credit Suisse Group AG (NYSE:CS).
Coal – Reuters reported that China Kingho Energy Group, a private company, has made a $60-million bid for Carabella Resources Ltd. (ASX:CLR), an Australian coal explorer. The news outlet describes the move as indicative of China's interest in purchasing cheap coal assets in the land down under.
Iron – The government of South Australia has granted final approval for a new iron ore project in the Eyre Peninsula, according to AAP, via Steel Guru.
Lithium – In an interesting turn of events, Rockwood Holdings and Chengdu Tianqi Industry Group have formed a joint venture, resulting in Rockwood gaining a 49 percent stake in Australia-based Talison Lithium.
Iron – Australian mega-miner Rio Tinto (LSE:RIO,NYSE:RIO,ASX:RIO) said today that it will spend $400 million to expand production in the Australian Pilbara region to 360 million tonnes per annum by 2015.
Nickel – Gateway Mining Ltd. (ASX:GML) announced the completion of a reverse-circulation drill program at its flagship Gidgee project, located in Western Australia. Drilling was focused at the Cup prospect area.
Moly – Caravel Minerals Ltd. (ASX:CVV) announced that reverse-circulation drilling will begin this week at its flagship Calingiri copper-moly project, located in Australia.
Uranium – Sydney Morning Herald reported that mineral exploration company, Marathon Minerals has thrown in the towel when it comes to uranium.