Mining & Energy
Rio gets Riversdale nod at $3.9bn
MINING giant Rio Tinto has secured the backing of takeover target Riversdale Mining.
Terramin looking to buy projects
TERRAMIN Australia is on the acquisition trail, with a well-funded Chinese partner riding shotgun.
Santos confirms Korean LNG deal
SANTOS has locked in more than $US120 billion of gas sales for its Queensland liquefied natural gas project.
Silver City mine draws on SA links
BROKEN Hill Prospecting will draw on historic links with Adelaide as it tries to revitalise the industry around the NSW town.
Mithril raises $12m for NT project
MITHRIL Resources has raised $12m to fund exploration at its Huckitta project in the Northern Territory.
IronClad to raise $28.6m for SA mine
IRONCLAD'S Wilcherry Hill mine on the Eyre Peninsula will cost $26.3m to build.
Greens want no-uranium OlyDam
THE Greens want BHP Billiton to forgo mining uranium when it expands its Olympic Dam mine.
Wilcherry Hill partners halt trading
SA junior miners IronClad and Trafford Resources are in trading halts ahead of a capital raising announcement.
Beach soars on shale gas results
BEACH shares went for a run after much better than expected shale gas drilling results in the Cooper Basin.
IMX exports first Cairn Hill ore
THE first iron ore shipment to be exported from Port Adelaide began loading yesterday.
Prominent Hill miner faces class action
OZ Minerals is facing a class action by investors claiming it failed to fully disclose debt difficulties in 2008.
Havilah may scale down project
HAVILAH Resources is evaluating scaling down its Kalkaroo copper-gold project near Broken Hill.
Gold milestone for SA explorer
GOLD miner Ramelius has produced the 100,000th ounce of gold from underground operations of its Wattle Dam mine.
Impress investor vetoes Beach's bid
BEACH Energy's new bid for Impress Energy has been rejected by the company's major shareholder.
Uranium mine output next year
HONEYMOON expects to be in production in the first quarter of next year, becoming Australia's fourth uranium mine.
SA explorer to mine gold prices
ANOTHER small gold mine is expected to start up in the state next year, courtesy of the strong gold price.
Rex sees more copper at Hillside
REX Minerals has increased copper resource at its Hillside project on Yorke Peninsula by more than 70 per cent.
Beach ups price for Impress bid
BEACH Energy has canned its merger with Impress Energy in favour of an on-market takeover bid at a higher price
Rio Tinto plans Chinese joint venture
RIO Tinto has teamed up with Chinalco to establish a joint venture in China to explore for mineral deposits.
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.
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.
News
'We're lucky to have each other'
POLITICAL leaders have bestowed their Christmas wishes to the Australian people and asked them to keep our troops in mind over the festive season.
Sport
Ponting cleared for battle
RICKY Ponting has declared himself fit for the Boxing Day test with his injured finger surviving a training session at the MCG.