A Flow Through Share Scheme is essential to the mining industry, The AusIMM President-Elect Greg Chalmers writes.
Rio Tinto shares plunged this week after the news that BHP Billiton was pulling out of its planned $102 billion takeover of the miner.
Fortescue Metals Group has brought forward a planned shutdown at one of its Western Australia operations, reducing calendar 2008 output by two million tonnes, or 10%, however, chief executive Andrew Forrest said the group was still in a strong financial position despite the early shutdown.
Alcoa has said that it expects a trouble-free transfer of its shareholding in Rio Tinto from a custodial account with Lehman Brothers International Europe in London.
Australia's competition watchdog has cleared global miner BHP Billiton's proposed $144 billion bid for Rio Tinto, after it was agreed that the take-over wouldn’t lessen competition.
OZ Minerals has confirmed that its Prominent Hill copper-gold project in South Australia will commence commissioning next month.
Xstrata Queensland, a wholly owned subsidiary of Xstrata, has announced its intention to make an all cash offer to acquire all of the issued and outstanding shares in Indophil Resources NL for $1 per share, valuing Indophil at $426 million.
IN this editorial International Council on Mining and Metals (ICMM) President Paul Mitchell discusses health and safety.
THE 4th Annual Australian Mining Prospect Awards Excellence in Mine OH&S
FIGURES released by the Australian Bureau of Statistics for the 2005-061 financial year indicate record levels of mineral exploration investment in South Australia and the state attracting its highest ever reported share of Australia’s mineral exploration.