Monthly Archives: June 2014

12 Jun

5 juniors set to jump on graphene bandwagon

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

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11 Jun

Metal ore mining profits dropped 40% in FY13

Latest figures from the Australian Bureau of Statistics show profits for metal ore miners in Australia dropped by more than $20bn in the 2012/13 financial year.   Key stats on mining operations released yesterday by the ABS reveal that after recording $50.6bn in operating profits before tax in the 2011/12 financial year, metal ore miners

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09 Jun

Garnaut sees declining Chinese coal consumption

Just when the Australian coal industry thought things couldn’t get any worse, renowned China expert and economist Ross Garnaut has predicted that China’s coal consumption will fall at an average annual rate of 0.7% from now to 2020.   The Australian Financial Review contrasted Garnaut’s gloomy forecast to China’s previously booming demand, which saw its

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06 Jun

Blundstone’s mining boot a step ahead

A new waterproof, hard-wearing safety boot manufactured specifically for the mining industry has taken out the NSW Minerals Council’s health and safety innovation award.   Manufactured by Hobart-based footwear specialist Blundstone, the 980 Underground Mining Boot is a 350mm-high waterproof mining boot which was designed through consultation with workers at Centennial Coal. The manufacturer explains:

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05 Jun

Alliance forms for UAS training

Positioning and machine control systems specialist Position Partners has announced an exclusive alliance with the Australian Unmanned Systems Academy (AUSA) to deliver Remote Pilot Aircraft System training.   Unmanned aerial systems are used in mining for a number of purposes, but most prominently are used in exploration and planning. To operate an unmanned aerial system

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