General
18 May 2012
A ROYALTY-fuelled future fund which is set to grow to $A4.7 billion over the next two decades along with the prospect of higher royalties as part of a planned revamp, are the big ticket items for miners from this year’s Western Australian budget. - more 
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| Breaking News
18 May 2012
TOUGH times are over for Independence Group and Blackham Resources gets the thumbs up. - more
18 May 2012
THE troubled Oakajee port and rail project in Western Australia’s Mid West remains in limbo and is just one of 30 projects deferred as part of a restructure of the state government’s capital budget requirements. - more
18 May 2012
FOR the first time in more than a decade, Qantas will face competition in servicing Queensland’s Mount Isa community, after Swiss mining giant Xstrata inked a deal with Virgin Australia to operate flights between the northwest town and Brisbane. - more
18 May 2012
EMERGING copper miner Finders Resources has used the backdrop of a revised bankable feasibility study on its Wetar heap leach project in Indonesia to reiterate that a review of the country’s regulation laws will not hinder the proposed development. - more
18 May 2012
WESTERN Australian Treasurer Christian Porter has announced plans to inject $A77.6 million into an initiative that aims to alleviate the state’s growing skills shortage. - more
18 May 2012
AUSTRALIAN Deputy Prime Minister and Treasurer Wayne Swan says he will do everything he can to encourage mining giant BHP Billiton to proceed with its $A20 billion Olympic Dam expansion in South Australia. - more
18 May 2012
A ROYALTY-fuelled future fund which is set to grow to $A4.7 billion over the next two decades along with the prospect of higher royalties as part of a planned revamp, are the big ticket items for miners from this year’s Western Australian budget. - more
18 May 2012
A GROWING ground position, cash flow this year, experienced operators and a dozen gold deposits ensure a profitable future for this project developer. By Susan Bower - RESOURCESTOCKS* - more
18 May 2012
BHP Billiton Mitsubishi Alliance is bracing for an escalation of industrial action by three key unions next week across its seven mines in Queensland’s Bowen coal region after the results of a ballot for 4000 of its employees on its proposed enterprise agreement are revealed today. - more
17 May 2012
IN Capital Watch today: KBL and Boss find support for placements, Marmota, Pegasus and Genesis complete rights issues and Winmar and Admiralty finalise raisings. - more
17 May 2012
MINING giant BHP Billiton has withdrawn from the Altia zinc-silver joint venture with Breakaway Resources and while managing director David Hutton has admitted the company is disappointed, the project is far from dead. - more
17 May 2012
DRILLING is the order of the day in Mining Briefs, with updates for Tiger, Quintessential, Dragon and Korab while Phosphate Australia releases a metallurgical update and Eastern Iron makes a specialist appointment. - more
17 May 2012
METALS Finance’s aspirations to develop its own dedicated nickel vehicle to spearhead its laterite quests in Australia has moved a step closer with the appointment of Mark Sykes as manager. - more
17 May 2012
JAPANESE companies are showing considerable grit in obtaining rare earths. They have to if their industry is to survive. The Outcrop by Robin Bromby. - more
17 May 2012
AS ITS hunt for strategic partners ramps up, Paladin Energy boss John Borshoff says he doesn’t blame parties for wanting to be involved with his company as it continues to “turn dreams into reality”. - more
17 May 2012
IMX Resources says its takeover of joint venture partner Continental Nickel will streamline ownership and development of the Nachingwea nickel project in Tanzania. - more
17 May 2012
AUSTRALIA’S strong economy has made it one of the top 10 destinations for foreign direct investment with figures showing a rise of 6.6% last year to a record $A507 billion. - more
17 May 2012
KEY commercial terms have been agreed for a proposed $A70 million funding package and equal joint venture with Chinese investor group Timeone Holdings over Pluton Resources’ proposed Cockatoo Island iron ore project in Western Australia. - more
17 May 2012
AUSTRALIAN Treasurer and Deputy Prime Minister Wayne Swan has slammed rumours of a cut to the diesel fuel rebate in last week’s federal budget as “malicious” but stopped short of ruling out any further taxes on the mining industry. - more
17 May 2012
THE high turnover of workers employed in Queensland’s booming mining sector is taking its toll, with a new report putting the cost at $A140 million per year. - more
17 May 2012
GOLD and base metals explorer Chesser Resources has released a maiden resource approaching half a million ounces at its flagship Kestanelik epithermal gold project in western Turkey. - more
17 May 2012
THE Western Australian mining industry has applauded a state government move to inject $A7.5 million over three years to support ongoing mineral research in the state. - more
17 May 2012
IN THIS morning’s wrap: BHP fires salvo on industrial relations, tax; mining leads wages higher; Adani boss dumped as mine awaits approval; and Coalition cautions on green spending. - more
17 May 2012
IT IS groundhog day for global markets, which continue to struggle to shake off negative sentiment as spooked investors closely monitor events in Greece as it teeters on the edge of bankruptcy, while commodities have again taken a hit. - more
16 May 2012
THE miners have led the losses on the local market, with Greece yet again causing investment jitters while lower machinery orders from Japan for March and a continuing drop in commodity prices did not help matters. - more
| Commodities
|
| Copper - Cash |
 |
7694.50 |
-0.50 |
-0.01 |
7695.00 |
| Copper - 3Mth |
|
7649.00 |
-1.00 |
-0.01 |
7650.00 |
| Lead - Cash |
|
1913.50 |
-46.25 |
-2.36 |
1959.75 |
| Lead - 3Mth |
|
1926.50 |
-44.50 |
-2.26 |
1971.00 |
| Zinc - Cash |
|
1897.00 |
-2.50 |
-0.13 |
1899.50 |
| Zinc - 3Mth |
 |
1900.00 |
2.00 |
0.11 |
1898.00 |
| Nickel - Cash |
|
17130.00 |
188.00 |
1.11 |
16942.00 |
| Nickel - 3Mth |
|
17195.00 |
190.00 |
1.12 |
17005.00 |
| Tin - Cash |
|
19165.00 |
-475.00 |
-2.42 |
19640.00 |
| Tin - 3Mth |
|
19200.00 |
-475.00 |
-2.41 |
19675.00 |
| Aluminium - Cash |
|
2014.25 |
20.75 |
1.04 |
1993.50 |
| Aluminium - 3Mth |
|
2054.00 |
19.00 |
0.93 |
2035.00 |
| Gold - Jun 12 |
|
1574.00 |
-0.90 |
-0.06 |
1574.90 |
| Silver - May12 |
|
28.00 |
0.83 |
3.04 |
27.17 |
| Copper - Jul12 |
|
346.40 |
-1.50 |
-0.43 |
347.90 |
| Platinum - Jul 12 |
|
1454.70 |
1.30 |
0.09 |
1453.40 |
| Palladium - Jun 12 |
|
605.25 |
-0.60 |
-0.10 |
605.85 |
| Gold (AM Fix) |
|
1547.00 |
9.50 |
0.62 |
1537.50 |
| Silver (Fix) |
|
27.48 |
0.23 |
0.84 |
27.25 |
| WTI |
|
92.56 |
-0.25 |
-0.27 |
92.81 |
| U308 Spot |
 |
52.00 |
0.00 |
0.00 |
52.00 |
| $A/$US |
|
0.9888 |
0.0000 |
0.0000 |
0.9888 |
| STG / $US |
|
1.5787 |
-0.0010 |
-0.0633 |
1.5797 |
| Euro / $US |
|
1.2688 |
-0.0010 |
-0.0788 |
1.2698 |
| Euro / $A |
|
1.2832 |
-0.0010 |
0.0810 |
1.2842 |
|
TABLE: Friday, May 18, 2012, 12:00am GMT
Most Popular Stories
14 May 2012
NOT since the conversion of St Paul on the road to Damascus has Dryblower heard of a more dramatic transformation than BHP Billiton’s revelation that it is not so much a mining company as a business focused on shareholder returns. - more
17 May 2012
AS ITS hunt for strategic partners ramps up, Paladin Energy boss John Borshoff says he doesn’t blame parties for wanting to be involved with his company as it continues to “turn dreams into reality”. - more
17 May 2012
THE high turnover of workers employed in Queensland’s booming mining sector is taking its toll, with a new report putting the cost at $A140 million per year. - more
17 May 2012
MINING giant BHP Billiton has withdrawn from the Altia zinc-silver joint venture with Breakaway Resources and while managing director David Hutton has admitted the company is disappointed, the project is far from dead. - more
17 May 2012
JAPANESE companies are showing considerable grit in obtaining rare earths. They have to if their industry is to survive. The Outcrop by Robin Bromby. - more
Professional Placements
For the complete list of placements CLICK HERE.
17 May 2012
Exciting exploration & project development role
Unique lifestyle – Sydney based – projects within 3 hour drive
Development-stage projects through to greenfields exploration
Excellent remuneration package with additional benefits - more
16 May 2012
Significant World-class Porphyry Project
FIFO Australasia or In-country Based
Idyllic Tropical Coastal Location - more
14 May 2012
- Infrastructure Focus
- Perth Based
- Executive Salary & Benefits Package
- more
11 May 2012
Northern Star Resources Ltd is a successful gold producer and exploration company operating in highly prospective regions of the Ashburton and the Murchison, in Western Australia. - more
11 May 2012
“Glencore’s” wholly owned CSA Mine is a high-grade underground copper mine located in Cobar, Central Western NSW.” Employing over 350 people, CSA Mine is operated by Cobar Management Pty Ltd (CMPL). - more
General Appointments
For the complete list of placements CLICK HERE.
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