Earnings from Australian energy and minerals exports are forecast to increase 37% to $160 billion in 2009, $20 billion less than what was forecast last quarter, ABARE senior commodity analyst Alan Copeland told MINING DAILY.
OZ Minerals is likely to fail in its attempts to refinance US$560 million of debt by the set date of December 29 2008, the company announced in a recent statement.
OZ Minerals is facing a class action suit from litigation funder IMF Australia on behalf of its shareholders, the company said in a statement yesterday.
Australian Mining is currently looking for editorial contributions for its Minerals Processing Focus feature in the February 2009 issue.
OZ Minerals has announced that the company, in requesting an extension on loan repayments, is simply exercising an option agreed upon with its lenders.
OZ Minerals Century is a finalist in the 5th Annual Australian Mining Prospect Awards for its landmark agreement between Century Mine, the Queensland Government and the local Native Title groups whose traditional lands are affected by Century's operations.
Atlas Copco has developed an automated mining machine which automates the task of cable bolting to prevent rockfalls.
The Australian minerals industry is paying enough taxes and increases should be avoided, Minerals Council of Australia (MCA) CEO Mitch Hooke told MINING DAILY.
Lindsay Gilligan is a finalist in the 5th Annual Prospect Awards for his dedicated service to the mining industry as a geologist.
Anglo Gold's Ashanti Sunrise Dam has won the Western Australia Chamber of Minerals and Energy Underground Mine Emergency Response Challenge held at Focus Minerals' Coolgardie Gold Project.