A national audit carried out by research firm ACIL Tasman shows that there are significant gaps in Australia’s export infrastructure and some of the nation’s existing capital is in a state of disrepair, according to the Minerals Council of Australia (MCA). To ensure Australia is equipped to come through the current economic malaise, new physical […]

A conference on Risks and Hazard Management in Former Mining Districts will take place on Wednesday, 10 June 2009 in Newcastle upon Tyne in England. Organised by Brownfield Briefing, a publication for professionals involved in previously developed land, in association with Newcastle University, the event will examine issues relating to environmental legislation, gases and air […]

Latest issue of International Mining Project News available (May 22): There has been much talk of gold and silver in the last few weeks on the back of GFMS and World Gold Council figures aswell as gold’s recent price surge. It is not surprising therefore that both metals have a significant presence within this issue […]

Rio Tinto subsidiary Hamersley Iron has reached agreement with Japan’s Nippon Steel on the price for Hamersley iron ore deliveries for the contract year commencing April 1, 2009. The new prices are: Pilbara Blend and Yandicoogina Fines, both $0.97/t (dry), down from $1.4466 in 2008 and Pilbara Blend Lump, $1.12/t (dry), down from $2.0169.

Macquarie Research notes that the International Copper Study Group’s (ICSG) monthly summary of the state of the copper market “is a useful, if backward looking, indicator of trends in copper production and demand. The latest data, which runs though February, underlines the extent of the collapse in demand in the world ex China. As the […]

Companhia Vale do Rio Doce (Vale) has approved the downward revision of its investment budget for 2009, basically reflecting the change in the average price of currencies in which its expected disbursement are denominated, revised equipment and implementation costs, delays mainly associated with environmental licences, and simplification or change in the scope of certain projects. […]