[1658 - Showing Results 1 to 30]

Fifth body recovered at Grasberg (Friday, 17 May 2013) PT Freeport Indonesia says a fifth body has been recovered from the collapsed tunnel at the Grasberg mine, with 23 workers still unaccounted for. Full Story...

The new brooms (Thursday, 16 May 2013) WELCOME to the Andrew and Tim show. If you’re working in the petroleum business and don’t know what that means, then Slugcatcher* will try and explain how the two boys running BHP Billiton Petroleum may shake the company, and the wider oil and gas industry. Full Story...

Budget blues (Wednesday, 15 May 2013) WHILE much mainstream ink will focus on the cuts to services and programs in the federal budget, it is tax changes to exploration costs and thin capitalisation rules that have captivated the oil and gas sector. Full Story...

Tunnel collapses at Grasberg (Wednesday, 15 May 2013) THE collapse of an underground tunnel at Freeport McMoRan Copper & Gold’s huge Grasberg operation in Indonesia has killed four and trapped about 27 others, with 10 miners reportedly rescued so far. Full Story...

Mackenzie’s BHP built on four pillars (Wednesday, 15 May 2013) NEW BHP Billiton chief executive officer Andrew Mackenzie has outlined plans to simplify the company’s portfolio and focus on “four pillars” – iron ore, copper, petroleum and coal. Full Story...

Tough year ahead for capital raisings (Wednesday, 15 May 2013) GLOBAL data suggests the mining industry is in for a bleak year when it comes to raising funds, according to a leading research group. Full Story...

Swick wins Grasberg work (Monday, 13 May 2013) DRILLING contractor Swick Mining Services has won a grade control contract for Freeport Indonesia's massive Grasberg gold-copper mine. Full Story...

Tembang closer to development (Monday, 13 May 2013) SUMATRA Copper & Gold has announced a capital raising to secure roughly $A20 million for the development of the Tembang gold-silver project in southern Sumatra, Indonesia. Full Story...

Coffey earnings hit hard (Monday, 13 May 2013) MINING services consultancy Coffey International says restructuring costs relating to skyrocketing project delays and deteriorating market conditions will erode its full-year earnings by $A9-10 million. Full Story...

Australian budget fears (Monday, 13 May 2013) LEADING mining and resources industry groups are voicing concern over rumoured tax increases in the Australian budget, which will be released tomorrow night. Full Story...

Yokogawa doubles in Perth (Monday, 13 May 2013) YOKOGAWA Australia has doubled the size of its Perth office, with more than 50 people working on major oil and gas projects in Western Australia alone. Full Story...

Davis eyes mining investment (Wednesday, 8 May 2013) ONLY days after losing his job due to the Glencore-Xstrata merger, Mick Davis has reportedly hired Goldman Sachs to help him set up a mining fund. Full Story...

Greens push to expand MRRT (Wednesday, 8 May 2013) THE Australian Greens say hiking the Minerals Resource Rent Tax to 40% over the next four years will raise an additional $A26.2 billion despite lower commodity prices. Full Story...

Nido, PNOC approve work plan (Wednesday, 8 May 2013) NIDO Petroleum and its joint venture partner Philippine National Oil Company have agreed on a forward plan for the Baragatan prospect in the Philippines. Full Story...

Browse boss leaves (Wednesday, 8 May 2013) WOODSIDE Energy senior vice-president Michael Hession, who has been in charge of the Browse LNG project for the past 3.5 years, has quit the company. Full Story...

Glencore warns of job cuts (Monday, 6 May 2013) GLENCORE Xstrata chief executive officer Ivan Glasenberg says the new entity will begin the “streamlining” process, resulting in the closure of offices and the loss of jobs. Full Story...

Valium, anyone? (Monday, 6 May 2013) EACH down day just makes it harder to face the battle when the real crisis arrives. The Outcrop by Robin Bromby* Full Story...

Women handle FIFO well (Monday, 6 May 2013) WOMEN may be more mentally equipped to handle the fly-in/fly-out lifestyle, according to new research. Full Story...

All LNG technologies great and small (Monday, 6 May 2013) THIS appears to be GE’s approach, with its decision to buy Salof, a designer and manufacturer of small LNG technologies, for an undisclosed sum. Full Story...

DFAT warns of Grasberg attacks (Friday, 3 May 2013) THE Department of Foreign Affairs has warned Australians to reconsider travel to parts of Indonesia due to the heightened threat of attacks around Freeport McMoRan Copper & Gold’s massive Grasberg mine. Full Story...

Newmont slashes spending (Wednesday, 1 May 2013) UNDER new boss Gary Goldberg, gold giant Newmont Mining has cut its first quarter spending, which has had a positive impact on its all-in cash costs. Full Story...

Guidance down for Medusa (Wednesday, 1 May 2013) MEDUSA Mining has once again dropped its 2013 financial year production guidance for the Co-O gold mine in the Philippines, this time to 70,000-80,000 ounces. Full Story...

More problems for Red 5 (Monday, 29 April 2013) STRUGGLING gold producer Red 5 has been forced to suspend milling at its Siana mine in the Philippines due to ground movement at the tailings facility. Full Story...

Copper supply rises (Monday, 29 April 2013) WORLD copper mine production for 2013 and 2014 is anticipated to grow by 5.5% each year to 17.6 million tonnes and 18.5Mt respectively, according to the International Copper Study Group. Full Story...

Considering FLNG (Monday, 29 April 2013) WOODSIDE’S decision to abandon a full LNG plant development at James Price Point has cast the spotlight on floating LNG production once more. However, has the market factored in the possibility of FLNG failing? Talking to several analysts, it appears it has not. Full Story...

Palmer aiming to be Australia’s next PM (Monday, 29 April 2013) MINING entrepreneur Clive Palmer has launched his own political party and says he is aiming to be Australia’s next prime minister. Full Story...

Rio moves 100Mt with driverless trucks (Friday, 26 April 2013) RIO Tinto marked a milestone in its high-tech Mine of the Future program, after moving 100 million tonnes of material using autonomous haul trucks in Western Australia’s Pilbara region. Full Story...

Big step forward for Sumatra (Friday, 26 April 2013) SUMATRA Copper & Gold will start construction in the second half of the year on its wholly owned Tembang gold-silver project in southern Sumatra, Indonesia, after receiving the final necessary permit. Full Story...

Bid to roll the board of Intrepid (Wednesday, 24 April 2013) A GROUP of Intrepid Mines shareholders, led by Hong Kong private equity fund Quantum Pacific Capital, has formally launched action to remove the board of the troubled company. Full Story...

Specialised roles the future for engineers (Wednesday, 24 April 2013) THE days of high demand for generalised engineers in the resources sector is over as the need for more specialised positions grows, according to a recent recruitment report. Full Story...