Xstrata Copper Canada is pleased to announce it has reached a tentative agreement with the Union Executives of CAW-Local 599 for the renewal of the collective agreement at the Kidd Metallurgical site.
Kidd Metallurgical employees are expected to vote on the agreement on November 6, 2008. The collective agreement expired on September 30, 2008 at midnight [...]
Waratah Coal has been named Queensland Explorer of the Year at the Mining 2008 conference in Brisbane.
Waratah CEO and President Peter Lynch and Company Chairman Nick Mather accepted the award last night in Brisbane, from the Deputy Director General of the Queensland Department of Mines and Energy, Stuart Booker.
Figure 1: Mr Stuart Booker, Mr Peter [...]
Mineralogy Pty Ltd., a privately-held company based in Brisbane, Australia, is pleased to announce that it is offering to purchase, for $1.41 per common share in cash, that number of common shares of Waratah Coal Inc. that constitutes, when added to the Waratah common shares beneficially owned by Mineralogy or any of its affiliates, 50.1% [...]
Mineralogy Pty Ltd, a privately-held corporation based in Brisbane, Australia, announced today that the Company acquired 115,400 common shares (the Shares) in the capital of Waratah Coal Inc. representing .2047% of the issued and outstanding shares of Waratah. The company bought the shares on market on 30th September 2008. The company has agreed to [...]
Mineralogy Pty Ltd, a privately-held corporation based in Brisbane, Australia, announced today that the Company acquired 3,091,400 common shares (the Shares) in the capital of Waratah Coal Inc. representing 5.49% of the issued and outstanding shares of Waratah. The company entered into a contract to buy such shares dated 17th September 2008 which has [...]
Lihir Gold Limited announce the filing of its Mt. Rawdon Mine Technical Report, completed to NI 43-101 standards, which will be available on SEDAR shortly at (http://www.sedar.com) and on the Company’s website: www.LGLgold.com. This report was prepared under the supervision of Mr. Morgan Hart, BappSc Geology, MAusIMM, Executive General Manager Australia and Africa, an appropriately [...]
Xstrata Copper announces investment of C$121 million to deepen and extend the life of the underground Kidd Mine located in the Timmins area of Northern Ontario, Canada.
Already the world’s deepest copper and zinc mine, the latest project will extend the mining zone at Mine D from 9,100 feet to 9,500 feet, improving the production profile [...]
ArcelorMittal today announces that it has increased its stake in Macarthur Coal Limited (ASX: MCC - News) from 14.9% to 19.9%, following the acquisition of a further 5 % stake (10,607,830 shares) from Talbot Group Holdings.
The shares were purchased at $ AUD 20, bringing ArcelorMittal’s total investment in Macarthur Coal to $ AUD 843 million. [...]
Pan Australian Resources Ltd has officially opened its $US241 million ($A257.03 million) Phu Kham copper-gold mine in Laos.
Commissioning was completed several months ahead of the company’s mid-2008 target date, and within budget, enabling it to move quickly to take advantage of record copper prices.
Managing director Gary Stafford said the Lao government had exercised its right [...]
Russia-based Rusal, which already owns a 20 per cent stake in Gladstone’s Queensland Alumina (QAL), is actively investigating establishing a refinery and smelter in the state as part of its stated expansion plans.
It comes as Russian companies actively increase their presence in Australia, Russian steel giant Magnitogorsk Iron and Steel Works notifying the Federal Government [...]
