December is normally associated with celebrating achievements and chalking out action plans for the year ahead. But for Andrew Mackenzie, the chief executive officer of mining giant BHP Billiton Ltd, December was the culmination of an ...
Tags: BHP Billiton, Miner
Australia-based miner Mineral Resources has announced that it has acquired a 12.78 percent stake in Australia's Aquila Resources Limited, buying more than 52 million shares in the company. Mineral Resources stated that it has the financial ...
Tags: Mineral Resources, miner
Australian miner Rio Tinto has announced that its Pilbara iron ore operations have reached a run rate of 290 million mt per year, two months ahead of schedule. Rio Tinto said that early completion of expansion has added significant value ...
Australia-based Aquila Resources Limited has announced that it has received a A$1.42 million takeover offer from Baosteel Resources Australia Pty Ltd (Baosteel) and Australian rail and logistics company Aurizon Operations Limited (Aurizon) ...
Tags: Baosteel, Aurizon, Aquila Resources
Australia-based miner Fortescue Minerals Limited has announced that it has signed a long-term natural gas transportation agreement to reduce costs at its Pilbara iron ore operations. Gas will be delivered via the existing Dampier to Bunbury ...
Tags: Natural Gas, Mineral
Major Pilbara iron ore ports including Dampier, Cape Lambert and Port Hedland had to shut down due to cyclone Christine making landfall in the north of Western Australia on Monday, December 30, according to Reuters. The ports evacuated ...
Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...
Rio Tinto chief executive Sam Walsh has said at the company's annual general meeting that in 2013 Rio Tinto will focus on four key areas; reducing costs and improving performance at all its operations, delivering approved growth projects, ...
Australia-based Aquila Resources Limited announced that Sumisho Coal Australia Pty Limited, a wholly owned subsidiary of Sumitomo Corporation, has decided to pull out of a coal exploration partnership with Aquila. In April 2012, Aquila ...
Tags: Sumitomo, Coal Exploration
In its first quarter operations review, the global iron ore production of Australia-based Rio Tinto, the world's second biggest iron ore producer, increased by four percent to 61.2 million mt compared to the first quarter of 2012, setting a ...
Tags: Rio Tinto, Iron Ore Output
Australian miner Flinders Mines Limited has announced that it has signed a binding memorandum of understanding with four Chinese steel mills, allowing the steelmakers to evaluate whether the iron ore from Flinders' Pilbara iron ore project ...
Tags: miner, steel mills, steel
The government of the state of Western Australia has announced that it has approved proposals by Australia-based miner Rio Tinto to expand its iron ore operations and build a major new power station in the Pilbara region, clearing the way ...
Tags: iron ore, miner, iron ore mine
Australia-based miner Atlas Iron Limited has announced that its total Pilbara iron ore reserves have increased by 21 percent to 499 million mt, further strengthening the company's existing operations, near-term development projects and its ...
Tags: Atlas Iron, iron ore, miner
Australia-based Aquila Resources Limited has announced that it has decided to maintain its A$7.4 billion West Pilbara iron ore project on minimum expenditure for the remaining of the financial year 2012-13. In December 2012, Aquila stated ...
Tags: iron ore project, iron ore, steel
Australian iron ore miner Atlas Iron has announced it shipped a record 1.74 million wet metric tons of iron ore in the quarter ended on December 31, up 25.9 percent compared to the same quarter of 2011. Atlas stated that iron ore prices ...
Tags: iron ore, iron ore miner, iron ore prices