Mining & Energy
Ramelius shares soar on gold find
![gold](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2009/11/25/1225803/506542-gold.jpg)
SOUTH Australian gold producer Ramelius Resources has intercepted high-grade gold at its Mt Magnet project in WA.
Beach's Impress bid hits a hurdle
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BEACH Energy has completed its due diligence on takeover target Impress Energy but it's not likely to be a smooth transition.
New iron ore mine for SA
![iron ore](http://web.archive.org./web/20101202193957im_/http://resources1.news.com.au/images/2010/03/04/1225836/784401-iron-ore.jpg)
WPG Resources has given the go-ahead for its Peculiar Knob iron mine south east of Coober Pedy.
UraniumSA chairman to step down
![uranium](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/03/23/1225844/313494-uranium.jpg)
URANIUMSA will move its Mullaquana uranium discovery towards production next year, led by generational and structural change.
Rio capex rises on growing demand
![Rio Tinto](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/09/14/1225922/325887-rio-tinto.jpg)
MINER Rio Tinto expects capex to rebound to $US11bn ($11.4bn) in 2011 as the iron ore business captures growing demand from Asia.
Santos approves Indonesian project
![Santos](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/08/03/1225900/472074-santos.jpg)
SANTOS has approved the development of its Wortel gas project in Indonesia for about $101.9 million.
Wealth of jobs in gas project
![LNG](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/01/29/1225824/582462-lng.jpg)
THOUSANDS of jobs will be created by a joint venture to build a gas export plant in the Upper Spencer Gulf, Adelaide company Beach Energy said yesterday.
FerrAus rejects Chinese bid
![Iron ore](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
WA explorer FerrAus has rejected an unsolicited takeover offer from Chinese shareholder Wah Nam.
Lincoln eyes direct shipping ore potential
![iron](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/03/01/1225835/607243-iron.jpg)
LINCOLN Minerals's Gum Flat mine on the Eyre Peninsula has the potential to be the lowest cost direct shipping ore producer in South Australia.
Beach Energy's shares 'undervalued'
![Exploration](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/04/02/1225848/814710-exploration.jpg)
BEACH Energy shares are substantially undervalued, according to three broker reports released this week.
Panax boss calls it a day
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GEOTHERMAL industry stalwart and Panax MD Bertus de Graaf will resign on January 31 after three years in the role.
SA explorer turns Investigator
![mine](http://web.archive.org./web/20101202193957im_/http://resources0.news.com.au/images/2010/04/23/1225857/273396-mine.jpg)
SOUTHERN Uranium shareholders have approved a name change for the company to Investigator Resources.
OneSteel plans $94m spend at Whyalla
![Steel pipes](http://web.archive.org./web/20101202193957im_/http://resources1.news.com.au/images/2010/01/01/1225815/229045-steel-pipes.jpg)
ONESTEEL will spend about $94m this fiscal at its Whyalla operations to maintain a high level of exports.
Yorke Peninsula explorer to list on ASX
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A SITE on the Yorke Peninsula near Rex Minerals' Hillside copper find will be the flagship project for an explorer launching a public offering today.
$85 million for SA mine
![Iron ore](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
WPG Resources has raised $85 million to fund it Peculiar Knob iron ore project near Coober Pedy in South Australia.
Beach launches bid for Impress
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BEACH Energy has launched a $73.1 million takeover bid for Impress Energy, in a bid to consolidate its presence in the Cooper Basin.
New award for responsible mining firms
![Mining activity](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2009/11/17/1225798/679031-mining-activity.jpg)
THE contribution mining companies make to the community will be recognised by a new award, announced by Premier Mike Rann yesterday.
Fortescue plans $8.5bn spend to expand
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FORTESCUE Metals Group has approved plans to spend $8.5 billion expanding its iron ore production to 155 million tonnes per annum.
State's newest mine on the go
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UP TO 30 more mines and resource projects are in the pipeline, Premier Mike Rann said after launching the state's 13th operating mine yesterday.
$20m windfall from public float
![copper mine](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2009/11/27/1225804/452930-copper-mine.jpg)
A SOUTH Australian family-owned company stands to gain more than $20 million from the successful float of Salisbury Resources.
SA explorer eyes shale gas future
![gas](http://web.archive.org./web/20101202193957im_/http://resources1.news.com.au/images/2010/03/29/1225846/696905-gas.jpg)
STUART Petroleum says it may be "on the cusp of a game-changing future" as it tries to unlock the value of shale gas in the Cooper Basin.
Monax plans April drilling for Punt Hill
![mining trucks](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/01/06/1225816/439162-mining-trucks.jpg)
MONAX will start its first drilling program under a new Chilean-backed joint venture at its key Punt Hill project from April.
WPG lodges Coober Pedy mine plan
![Iron ore](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
IRON ore project developer WPG Resources has lodged a mining and rehabilitation program for its flagship mine south of Coober Pedy.
BHP's Olympic Dam plan coming soon
![Olympic Dam](http://web.archive.org./web/20101202193957im_/http://resources1.news.com.au/images/2010/06/04/1225875/482109-bhp-mine.jpg)
BHP will take the next major step within the next 10 days toward building the world's biggest open-cut mine at Olympic Dam in the state's Far North.
BHP defends decision to abandon deals
![bhp](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/10/22/1225942/186923-bhp.jpg)
BHP Billiton has defended its decision to walk away from its $US40 billion bid to buy the Potash Corporation of Saskatchewan.
Business Breaking News
FerrAus' Pilbara mine viable
![Iron ore](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/11/11/1225951/971310-iron-ore.jpg)
TAKEOVER target FerrAus says its Pilbara iron ore project would be viable, according to a prefeasibility study it has just completed.
BHP drops Potash bid
![Marius Kloppers](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2009/11/26/1225804/152739-marius-kloppers.jpg)
BHP Billiton has withdrawn its $US45 billion bid for Canadian fertiliser company Potash Corporation of Saskatchewan Inc.
Chinese in $1bn Pilbara ore play
![iron ore](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/03/09/1225838/588098-iron-ore.jpg)
CHINESE company Wah Nam International Holdings has fired off two takeover bids in an effort to tie up Western Australian iron ore resources.
Mining delegation plans China visit
![Mining activity](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2009/11/17/1225798/679031-mining-activity.jpg)
A DELEGATION of mining companies, government officials and other sector specialists will fly to China next week to spruik the mining industry.
Chinese lifeline for Adelaide explorer
![China rates](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/01/08/1225817/214870-china-rates.jpg)
AUSTRALIAN Zircon has been thrown a $40 million lifeline from a company owned by Chinese private interests.
Australia can be major uranium producer
![uranium](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/03/23/1225844/313494-uranium.jpg)
AUSTRALIA can be the world's largest uranium producer within 10 years - with WA and SA best placed to service the opportunity - a local miner says.
New miner to focus on Broken Hill
![miners](http://web.archive.org./web/20101202193957im_/http://resources1.news.com.au/images/2010/10/26/1225943/642449-miners.jpg)
BROKEN Hill is being targeted once again, with a $5 million float under way to fund cobalt and base metals exploration.
OZ Minerals appoints new director
![Mining activity](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2009/11/17/1225798/679031-mining-activity.jpg)
PROMINENT Hill miner OZ Minerals has appointed its first woman to the board, BP Australia executive Rebecca McGrath.
Shell won't sell any more Woodside stake
![Woodside Petroleum](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/11/08/1225949/626302-woodside-petroleum.jpg)
ROYAL Dutch Shell has told the West Australian government the company will not sell down its remaining 24 per cent stake in Woodside Petroleum.
Flinders Mines signs up new CEO
![Mine](http://web.archive.org./web/20101202193957im_/http://resources1.news.com.au/images/2010/08/28/1225911/198125-mine.jpg)
FLINDERS Mines acting chief executive Gary Sutherland has been appointed permanently, replacing Dr Kevin Wills, who resigned in August.
WPG moves ahead on Port Pirie facility
![iron ore](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/03/18/1225842/113878-iron-ore.jpg)
WESTERN Plains has lodged a development application for an ore storage facility at Port Pirie to facilitate exports from its Peculiar Knob project.
BHP bid for Potash knocked back
![bhp](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/10/22/1225942/186923-bhp.jpg)
BHP Billiton's $US40 billion ($40 billion) bid for Canada's Potash Corp has been given the thumbs down by the country's government.
Plans to restart SA copper mine
![copper mine](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2009/11/27/1225804/452930-copper-mine.jpg)
THE Mt Gunson copper mine in the State's far north could be restarted as part of a new $7 million company listing.
OZ Minerals on the hunt for more prospects
![Terry Burgess](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/11/01/1225946/251943-terry-burgess.jpg)
OZ Minerals is spending serious amounts of money in search of its future with the clock ticking on the need to develop a pipeline of prospects.
BG's $US15bn boost to Queensland
![LNG plant](http://web.archive.org./web/20101202193957im_/http://resources0.news.com.au/images/2010/03/18/1225842/241740-lng-plant.jpg)
SANTOS has joined the rest of Australia's resources sector in welcoming BG Group's $US15 billion commitment to its LNG plant near Gladstone.
Hillgrove mine to create 150 jobs
![copper](http://web.archive.org./web/20101202193957im_/http://resources0.news.com.au/images/2010/03/01/1225835/619220-copper.gif)
HILLGROVE Resources will start construction on its $120 million copper mine in the Adelaide Hills, creating 150 permanent jobs.
Mithril offshoot to list by April
![Copper](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/10/25/1225943/221690-copper.jpg)
AN explorer focused on the state's Musgrave region will list before the end of April next year, Mithril Resources chairman John Roberts said.
Funding shot for WPG Resources mine
![Mining activity](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2009/11/17/1225798/679031-mining-activity.jpg)
WPG Resources has secured $120.5 million in funding to develop its Peculiar Knob iron ore operation in central South Australia.
Mining tax to hit smaller players
![An Image mining](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/02/08/1225827/900683-an-image-mining.jpg)
THE state's fledgling iron ore and coal mining industries are at risk from the Federal Government's about-face on crediting state mining royalties.
Santos signs gas supply deal for Gladstone
![Santos](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/07/22/1225895/476587-aus-bus-pix-santos.jpg)
SANTOS has signed an agreement with its Cooper Basin partners to supply gas to its Gladstone liquefied natural gas plant in Queensland.
News
Driver dies in high-speed horror
![police tape](http://web.archive.org./web/20101202193957im_/http://resources2.news.com.au/images/2010/11/01/1225946/216766-police-tape.jpg)
THE impact of a fatal Seaton smash was so violent that a car destroyed a Stobie pole after bouncing off a bus during what police have been told was a race.
Sport
Johnson axed for second Test
![Mitchell Johnson](http://web.archive.org./web/20101202193957im_/http://resources3.news.com.au/images/2010/12/02/1225964/556027-mitchell-johnson.jpg)
MITCHELL Johnson says he feels "mentally fine" with his bowling after losing his place in the Australian side for the second Ashes Test.