Resources Projects
BHP Billiton has approved a $367m investment that will cover its share of the continuing expansion of a coal handling facility in Newcastle.
Cobar Consolidated Resources has appointed Adelaide-based Lucas Earthmovers as mining contractor for the Wonawinta Silver Project.
Rail freight giant QR National has signed an agreement to construct the $900 million Wiggins Island Rail Project (WIRP) to a new export terminal at Gladstone.
Northern Manganese Ltd – formerly Groote Resources Ltd – has made another important step in their aim to mine the seabed for manganese in the area between the Northern Territory mainland and Groote Eylandt.
It has been recently reported that Xstrata has bought a 17,474 hectare Meteor Downs pastoral with the purchase of turning it into a coal mine.
Origin Energy is planning to spend $1.
Xstrata has approved the start of an $47m pre-feasibility study into the development of a large multi-commodity open pit mine on its existing Mount Isa Mines footprint.
Conquest Mining has secured a $100m financing offer from Macquarie Bank to fund the construction of its Mount Carlton gold, silver and copper project in Queensland.
Regardless of the fact that Santos is spending $10,000 a minute setting up its massive coal-seam gas operation in Queensland, chief executive David Knox has ruled out using legal action to explore or mine land against the wishes of the property owner.
Proto Resources have signed a $34 million debt finance and equipment supply deal with Caterpillar for its Barnes Hill JV in Beaconsfield, northern Tasmania.