Posts tagged "Australia"

Rio Tinto subsidiary ERA expects flooding to hit uranium output again

The company warned that recent flooding caused by heavy rainfall in northern Australia will continue to restrict its uranium production for the year.

See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=143022&sn=Detail&pid=92730.…
Read more

Anglo American OKs $1.7 billion Queensland project to triple its Australia met coal output

Anglo American has said its board has approved the $1.7 billion Grosvenor metallurgical coal project in Queensland, Australia, which is expected to produce five million tonnes per year over a projected life of 26 years. …
Read more

Richest Australians see their pickings fall – and mine safety record shames entire industry

How the mighty have fallen!

According to a recent survey, billions of dollars have been wiped off the bank accounts of Australia’s richest individuals – especially those who profit from the mining industry.

Nonetheless, they’re …
Read more

Cheap and green energy for miners

It may seem somewhat audacious for a company with a market value of $16 million to propose a world-leading energy project nearly one hundred times its value. But, says Petratherm managing director Terry Kallis, if …
Read more

Sweden: Saami Communities take on foreign miners

An Australian company’s proposal to mine on Saami land in Sweden “would leave 20,000 reindeer without grazing lands, and Saami families and communities without access to their customary lands”. That’s according to a statement issued …
Read more

Rio Tinto associates to increase coal production in Mongolia

International commodities trader Noble Group has formed an alliance with Australia’s Aspire Mining to market Mongolian coking coal. Aspire’s biggest shareholder, SouthGobi Resources, is majority held by Canadian miner Ivanhoe Mines. Vancouver-based Ivanhoe is itself …
Read more

Australia’s PM looking to overturn ban on India uranium sales

Australian Prime Minister Julia Gillard’s ruling Labor party will debate lifting the ban on the sales of uranium to India at its conference next month, a decision unlikely to be welcomed by the Greens.

Uranium …
Read more

Rio Tinto: what now for Alcan?

Analysis by Nostromo Research

Rio Tinto’s shutdown of its aluminium smelter at Lynemouth in Northumberland, in north east England, announced recently, marks the start of the company’s attempt to reap some dividend for, arguably, the …
Read more

BHP Billiton – Dirty Energy

BHP Billiton holds its Australian AGM on Thursday 17 November. A coalition of organisations including London Mining Network has produced an ‘alternative annual report’: BHP Billiton – Dirty Energy.

To read the alternative report, …
Read more

Australia Passes Landmark Carbon Price Laws

Australia passed landmark laws last week to impose a price on carbon emissions in one of the biggest economic reforms in a decade and injecting new impetus into December’s global climate talks in South Africa.…
Read more

“We”ve seen the future – and it’s worker-free!” – Rio Tinto

Rio Tinto is replacing workers with driverless trucks at its Pilbara iron ore operations in Western Australia.

See http://www.mining.com/2011/11/02/rio-tinto-boosts-driverless-truck-fleet-for-use-in-pilbara/.

LMN member group Partizans notes that in the past, Rio Tinto seemed to favour eliminating …
Read more

Anglo American may pull investments, jobs

In a move intended to pressure the Australian federal government to revise the proposed carbon tax, global miner Anglo American has threatened to withhold over $15 billion in coal mining investments and curtail 3,200 new …
Read more