Mining & Energy
Ramelius shares soar on gold find
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
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
WPG Resources has given the go-ahead for its Peculiar Knob iron mine south east of Coober Pedy.
UraniumSA chairman to step down
URANIUMSA will move its Mullaquana uranium discovery towards production next year, led by generational and structural change.
Rio capex rises on growing demand
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 has approved the development of its Wortel gas project in Indonesia for about $101.9 million.
Wealth of jobs in gas project
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
WA explorer FerrAus has rejected an unsolicited takeover offer from Chinese shareholder Wah Nam.
Lincoln eyes direct shipping ore potential
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'
BEACH Energy shares are substantially undervalued, according to three broker reports released this week.
Panax boss calls it a day
GEOTHERMAL industry stalwart and Panax MD Bertus de Graaf will resign on January 31 after three years in the role.
SA explorer turns Investigator
SOUTHERN Uranium shareholders have approved a name change for the company to Investigator Resources.
OneSteel plans $94m spend at Whyalla
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
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
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
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
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
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
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
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
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
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 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
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 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
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
BHP Billiton has withdrawn its $US45 billion bid for Canadian fertiliser company Potash Corporation of Saskatchewan Inc.
Chinese in $1bn Pilbara ore play
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
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
AUSTRALIAN Zircon has been thrown a $40 million lifeline from a company owned by Chinese private interests.
Australia can be major uranium producer
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
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
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
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
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
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 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
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
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
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
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
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
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
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 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
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 says he feels "mentally fine" with his bowling after losing his place in the Australian side for the second Ashes Test.
LATEST PHOTO GALLERIES
Victor Harbor Schoolies 2010
MAC Photo Booth, Schoolies, Victor Harbor Schoolies, Victor Harbor 2010
Miners killed in NZ disaster
A second explosion has left no hope of finding 29 men trapped in a New Zealand mine alive.
New chimp enclosure at Monarto Zoo
Four female chimpanzees from The Netherlands went on public display for the first time at Monarto Zoo today.
Miss South Australia
Organisers of the Miss South Australia contest are celebrating 60 years with an exhibition at UniSA's City Campus
