Tuesday, May 21st, 2013

Features

Latest News

Norton heralds Enterprise opening

Norton Gold Fields has celebrated the official opening of its Enterprise open pit mine on the outskirts of Kalgoorlie.
May 21, 2013, 11:23 am
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Norton heralds Enterprise opening

Norton Gold Fields has celebrated the official opening of its Enterprise open pit mine on the outskirts of Kalgoorlie.
May 21, 2013, 11:16 am
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FMG focuses on balance sheet over dividends

Fortescue Metals Group managing director Nev Power says there is no pressure from shareholders holding out for a dividend as the company transforms itself into a yield and capital growth miner.
May 7, 2013, 7:22 am

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FMG celebrates Firetail opening

Fortescue Metals Group will officially open its third mine, Firetail, today even though operations at the mine, which is part of the company's Solomon project, started late last year.
May 6, 2013, 8:56 am

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GSM boss draws on versatility

Be it newspapers, aviation or contract mining, Mark Shelton is proving to be a versatile executive.
May 3, 2013, 7:27 am

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Wesfarmers unlocks property millions in Coles deal

Wesfarmers has struck a deal to unlock hundreds of millions of dollars from property acquired by supermarket chain Coles in the wake of the global financial crisis.
May 2, 2013, 7:12 am

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Windarra mine dream a step closer

Andrew Forrest's dream of cutting the ribbon at the famous Windarra nickel mine has moved closer, with Poseidon Nickel slapping a $197 million price tag on the historic operation in a definitive feasibility study released today.
April 30, 2013, 7:58 am

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SAS trust fund record shows who cares wins

It is a board which speaks volumes about the community regard for Australia's elite fighting force.
April 25, 2013, 8:50 am

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FMG hammered as costs seen rising

Shares in Fortescue Metals Group were hammered after the company revealed it expected to incur higher per tonnage costs on its iron ore.
April 18, 2013, 9:00 am

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Sandfire boss unfazed by prices

His company is at the coalface of the commodity collapse, yet Sandfire Resources chief executive Karl Simich says the vicious price cycle is simply part and parcel of the mining game.
April 18, 2013, 7:26 am

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China pushes ahead with gold investment

Undeterred by the plunge in gold prices, China's Zijin Mining is pushing ahead with its project buy-up in WA, with 89 per cent Zijin-owned Norton Gold Fields expected to emerge from a trading halt this week to announce it will acquire near neighbour Kalgoorlie Mining Company.
April 17, 2013, 7:32 am
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All eyes on iron ore miners' costs

Fortescue Metals Group is due to release its March quarter score card on Thursday, following Rio Tinto's result today, with all eyes on how costs at its Pilbara iron ore operations are tracking at an expected annualised rate of close to 115 million tonnes.
April 16, 2013, 7:40 am
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Forrest backs direct Chinese currency trade

Mining billionaire Andrew Forrest says Australia will be left behind if efforts aren't made to make Sydney a strategic trading centre for Chinese currency.
April 12, 2013, 12:57 pm

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Norton Gold Fields flags turnaround

Norton Gold Fields expects to increase production and continue cutting costs to help keep it on track to meet its 2013 production targets.
April 11, 2013, 1:40 pm

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$1m loan costs Apex dearly

Apex Minerals will pay a heavy price for a delay in the sale of its Youanmi gold project, with a last-resort lender associated with Multiplex heir Andrew Roberts extracting an effective annual interest rate of more than 50 per cent for a $1 million lifeline.
April 11, 2013, 7:17 am

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Time's up for Lake Johnston

Russia's Norilsk Nickel will close its only Australian mine this month, putting about 180 workers out of a job, after failing to find a buyer prepared to take on the struggling Lake Johnston operation as a going concern.
April 8, 2013, 7:18 am

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Former PM comfortable wooing China

Cigar-chomping Bob Hawke, 84, spent the weekend in Boao, a tourist city on Hainan Island off China's south. It was the former Prime Minister's 94th visit to China. It was probably also the 94th time Hawke told in public his favourite joke, of a Frenchman, an Englishman and an Aussie climbing a mountain in the Andes before being captured by the natives.
April 8, 2013, 7:14 am

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Hard feelings over China's Oakajee rebuff

One of the world's most powerful bankers, the chairman of China's Import-Export Bank, has reopened the Oakajee wound, declaring that if his country had been awarded the WA Government rights to the crucial Mid West iron ore infrastructure, it would have been built "a long time ago".
April 8, 2013, 5:57 am

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Mindax pencils in Mt Forrest partner

Mindax has flagged a strategic partnership with Hong Kong's Perpetual Mining for its Mt Forrest iron ore project in the Yilgarn region east of Perth.
March 26, 2013, 8:52 am

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Costs take shine off gold earnings

The cost challenges facing WA- focused small to mid-tier gold plays were rammed home during the first half of this financial year, with eight established producers reporting a combined operational profit of just $2 million.
March 19, 2013, 5:39 am
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