(30 July 2010)
MINERALS Council of Australia chief executive officer Mitch Hooke has hit back at claims that the MCA was excluded from mining tax talks and that it went soft on the government.
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| Breaking News
(30 July 2010)
THE Association of Mining & Exploration Companies has asked its members for financial contributions to help fund its national advertising campaign protesting the proposed Minerals Resource Rent Tax.
- more
(30 July 2010)
EXPLORATION at Newcrest Mining and Harmony Gold’s Wafi-Golpu copper-gold project in Papua New Guinea has uncovered more than 16 million ounces of gold and 4.8 million tonnes of copper. - more
(30 July 2010)
MURCHISON Metals said robust iron ore market conditions in the March quarter lost momentum in the June quarter, but its 50%-owned subsidiary Crosslands Resources was able to secure several new contracts with leading steelmakers in China, South Korea and Japan. - more
(30 July 2010)
THE biannual Queensland Mining and Engineering exhibition has finished on a high with record numbers of visitors – up 5% on the previous show – and with exhibitors reporting high levels of inquiries and interest. - more
(30 July 2010)
A FALL in uranium production and a stronger Australian dollar have contributed to an 82% dive in Energy Resources of Australia’s half-year net profit with investors frowning on today’s results.
- more
(30 July 2010)
PANAUST has signed a bank loan deal that the company says will underpin the development of its flagship copper mine in Laos and free up operational cash for the development of its other projects. - more
(30 July 2010)
MINERALS Council of Australia chief executive officer Mitch Hooke has hit back at claims that the MCA was excluded from mining tax talks and that it went soft on the government.
- more
(30 July 2010)
XSTRATA and Peabody Energy missed out on securing early stakes in Nathan Tinkler’s Aston Resources which is on track for a $A400 million float in the coming weeks. Both Noble Group and Japan’s Itochu Corporation will take a combined 25% stake in the float, according to a source close to the deal who spoke to MNN.
- more
(30 July 2010)
MINING executives across the board have called for the Gillard government to drop the Minerals Resource Rent Tax (MRRT), according to a new report released today.
- more
(30 July 2010)
NORSEMAN Gold has fallen well short of its annual production targets for the year, with total production of 60,464 ounces, well below the company's revised target of 70,000-75,000oz.
- more
(30 July 2010)
WITH a keynote address by economics and political commentator Niall Ferguson, and colourful Ivanhoe Mines boss Robert Friedland sure to woo the crowd during his talk on the last day, this year’s Diggers & Dealers Forum promises to be anything but boring. - more
(30 July 2010)
ELDORADO Gold Corporation has celebrated its sixth consecutive quarter of increased output, prompting the company to lift its 2010 production guidance to 625,000 ounces of gold at cash costs of $US375 per ounce. - more
(30 July 2010)
JUNIOR gold producer Troy Resources is focusing on its next stage of growth with the commissioning of the Casposo project this quarter, while winding down its depleted Sandstone mine in Western Australia and improving production at the Andorinhas mine in Brazil. - more
(29 July 2010)
WITH a binding agreement now inked between mining major Rio Tinto and China’s state-owned Chinalco to develop the world-class Simandou iron ore deposit in Guinea, reports are emerging that the giant Oyu Tolgoi property in Mongolia could be the next joint development target. - more
(29 July 2010)
AUSTRALIAN nickel producer Panoramic Resources has formed an alliance with Drake Resources to explore precious metal opportunities in Scandinavia.
- more
(29 July 2010)
OZ Minerals boss Terry Burgess has told the Sydney Mining Club today that it is content with its equity interest in copper-gold explorer Sandfire Resources and is not looking to launch a full takeover bid for the company.
- more
(29 July 2010)
COPPER-gold explorer Horseshoe Metals has made a strong debut on the Australian Securities Exchange, with shares closing at a 30% premium to the A20c issue price. - more
(29 July 2010)
AFTER four consecutive days of gains, the local bourse closed slightly lower in today’s trade despite another rise in China’s equity market. However, the big resource stocks didn’t follow the downward trend, closing in the green on stronger base metal prices. - more
(29 July 2010)
WOOD Mackenzie analysts are expecting Australian coal producers to pay an extra $A7.4 billion to the federal government over the first five years of the proposed Minerals Resource Rent Tax – putting question marks over Treasury estimates. - more
(29 July 2010)
SOUTH Australian gold producer Dominion Mining has forewarned of a significant downgrade to its M1 reserve at the Challenger mine next month, but believes an increase in the adjacent M2 numbers should partly offset the fall. - more
(29 July 2010)
NEW South Wales base metal miner CBH Resources has concluded its last quarter as a public company with a bang on the back of rising production at its Endeavor mine and the new Rasp development moving closer to becoming a reality. - more
(29 July 2010)
KINGSGATE Consolidated has delivered a 41% jump in gold reserves at its Chatree gold mine in central Thailand. - more
(29 July 2010)
INDEPENDENCE Group has beaten its nickel production guidance for both the June quarter and 2010 financial year from its Long nickel mine. - more
(29 July 2010)
FOCUS Minerals has reported higher cash costs and lower production for the June quarter, but the company still had a record year of production, increasing gold output by 52%. - more
(29 July 2010)
KAMBALDA nickel miner Mincor continues to chalk up reserve growth at its Western Australian operations after posting a 37% jump in numbers as part of its annual update. - more
| Commodities
| Copper - Cash |
 |
7208.25 |
62.00 |
0.87 |
7146.25 |
| Copper - 3Mth |
|
7230.50 |
60.50 |
0.84 |
7170.00 |
| Lead - Cash |
|
2027.50 |
33.00 |
1.65 |
1994.50 |
| Lead - 3Mth |
|
2050.00 |
32.50 |
1.61 |
2017.50 |
| Zinc - Cash |
|
1963.00 |
36.50 |
1.89 |
1926.50 |
| Zinc - 3Mth |
|
1990.00 |
35.00 |
1.79 |
1955.00 |
| Aluminum - Cash |
|
2076.25 |
27.75 |
1.35 |
2048.50 |
| Aluminum 3Mth |
|
2093.00 |
25.00 |
1.21 |
2068.00 |
| Nickel - Cash |
|
20606.00 |
273.00 |
1.34 |
20333.00 |
| Nickel - 3Mth |
|
20675.00 |
270.00 |
1.32 |
20405.00 |
| Tin - Cash |
|
19579.00 |
72.00 |
0.37 |
19507.00 |
| Tin - 3Mth |
|
19600.00 |
75.00 |
0.38 |
19525.00 |
| Gold - Aug 10 |
|
1168.40 |
8.00 |
0.69 |
1160.40 |
| Silver - Sep 10 |
|
17.62 |
0.18 |
1.01 |
17.44 |
| Copper - Sep 10 |
|
329.00 |
4.45 |
1.37 |
324.55 |
| Platinum - Oct 10 |
|
1563.40 |
21.70 |
1.41 |
1541.70 |
| Palladium - Sep 10 |
|
491.20 |
22.45 |
4.79 |
468.75 |
| Gold (AM Fix) |
|
1166.00 |
2.00 |
0.17 |
1164.00 |
| Gold (PM Fix) |
|
1162.50 |
5.50 |
0.48 |
1157.00 |
| Silver (Fix) |
|
11.23 |
0.02 |
0.21 |
11.21 |
| WTI - Sep 10 |
|
78.36 |
1.37 |
1.78 |
76.99 |
| $A/$US |
|
0.90 |
0.01 |
0.79 |
0.89 |
| STG/$US |
 |
1.56 |
0.00 |
0.06 |
1.56 |
| Euro/$US |
|
1.31 |
0.01 |
0.60 |
1.30 |
| Euro/$A |
|
1.45 |
0.00 |
-0.17 |
1.45 |
|
TABLE: Friday, July 30 2010, 12:00AM GMT
Most Popular Stories
(29 July 2010)
A VERY angry Sydney Mining Club chairman has given Prime Minister Julia Gillard’s Minerals Resource Rent Tax compromise, and several other mining identities, both barrels. - more
(30 July 2010)
MINERALS Council of Australia chief executive officer Mitch Hooke has hit back at claims that the MCA was excluded from mining tax talks and that it went soft on the government.
- more
(29 July 2010)
THE world’s largest gold producer Newmont Mining has been forced to revise down the 2010 production guidance at its massive new Boddington mine in Western Australia, due to lower-than-expected production.
- more
(30 July 2010)
MINING executives across the board have called for the Gillard government to drop the Minerals Resource Rent Tax (MRRT), according to a new report released today.
- more
(29 July 2010)
WE’VE had the west Africa land rush. Stand by for the next junior stampede. The Outcrop by Robin Bromby. - more
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MAXAM Australia is a manufacturer and supplier of explosives and services for the Mining, Quarry and Civil Construction industries. We are part of the Maxam Group which has been developing, manufacturing and supplying explosives since 1896. MAXAM is the 3rd largest explosives supplier in the world and the 2nd in international presence with the 2nd greatest global coverage. - more
General Appointments
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