Yearly Archives: 2014

Queensland Resources Council chief executive Michael Roche has rejected leading economist Ross Garnaut’s claims that China will cut its reliance on coal-fired power in coming decades. Garnaut, a professorial research fellow in economics at the University of Melbourne, published a paper this week suggesting that in response to climate change, China will resort to alternate

Nahan said the Moody’s decision to downgrade the state’s rating from AAA to AA+ was disappointing, and called on the federal government to re-examine its GST distribution policy to be more fair on WA following the decline of the iron ore price over the last 12 months. “The GST system is broken, the state is

CITIC Pacific has accused Australian businessman Clive Palmer of “fraud” and “dishonesty” in a claim lodged in Queensland’s Supreme Court yesterday, according to media reports. In a statement of claim reportedly lodged by CITIC, the Chinese government-owned business is alleging that Palmer inappropriately used $12m in funding from a shared bank account. $10m in funds,

Sandvik has introduced a multifunctional NSU (N surface and underground) core barrel system for core drilling applications, said to be the first of its kind to feature interchangeable components, along with standard and pump-in applications in a single system. Chris Daws, Sandvik Mining’s core drilling product line manager, says the design of the NSU core

Despite a slowdown in overall mining investment, the mining lubricant market in Australia is anticipated to grow steadily over the next few years, market analyst Frost & Sullivan predicts. As the mining industry shifts focus to enhanced production, Frost & Sullivan’s analysis finds that the mining lubricant market earned revenues of $446.3m in 2013  and 

WA mining business Aquila Resources has advised its shareholders to accept a $1.1bn offer from Chinese steelmaker Baosteel and Queensland-based rail haulier Aurizon, despite saying that the price is not a fair one. An independent expert appointed by Aquila following the bid from Baosteel and Aurizon in early May has told the resources company’s board

Australian mining giant BHP Billiton has marked a significant milestone in its iron ore mining and export program in WA. Jimmy Wilson, BHP’s president for iron ore, joined marketing and technology president Mike Henry in Port Hedland where they met with representatives from joint venture partners ITOCHU and Mitsui to mark the billionth tonne of

Three classic public gripes are at the fore of a heated war of words between the Sydney Morning Herald, coal miner Glencore, and the Australian public, over how much tax the mining giant is (or isn’t) paying. A producer and marketer of a variety of mined and agricultural commodities on the global scene, Glencore’s core

Graphene is billed as the thinnest, strongest, and most malleable material ever developed, and experts are abuzz over its potential uses in electronics, biological engineering and other industries. But graphene comes from graphite, a mineral with a global production of just 1.1mtpa. Here are five Australian juniors poised to jump on the booming demand for