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Australia & New Zealand Mining News is an EIN News Service for mining professionals. Constantly updated news and information about Australia & New Zealand Mining.
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Latest Australia & New Zealand Mining News

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  • Australian sharemarket slightly higher at noon 25 Nov 2009 02:15 GMT
    ... mixed bag across the bourse, with some mining stocks eking out modest gains, while some ... per cent to $47.48. The two major miners were also mixed as BHP Billiton swelled ... 0.05 per cent to $71.85. Iron ore miner Fortescue Metals Group climbed 3.14 per cent ...

  • Noble soars on African mine acquisition 25 Nov 2009 02:51 GMT
    ... gold producer, after acquiring a West African mine. Noble has bought Central African Gold Ghana, ... of 2.7 million tonnes and a significant mining fleet in good working order," Noble told ... new mine plan, a geological assessment and metallurgical test work, it said. ...

  • Montezuma begins Windsor Gold extension drill 25 Nov 2009 01:31 GMT
    ... Montezuma Mining Ltd has begun an 11-hole 1160m drilling ... an 11-hole 1160m drilling program to extend mineralisation at the Windsor discovery adjacent to the ... discovery hole intersected 33m at 1.89 g/t gold including 3m at 3.52 g/t and 7m ...

  • Philippines-Market factors to watch - Nov 25 25 Nov 2009 01:15 GMT
    ... of the latter's stake in top Philippine miner Philex Mining Corp . (PHILIPPINE DAILY INQUIRER) - State-owned ... > FTSE closes 0.6 pct lower; banks, miners fall ---------------------- MARKET SNAPSHOT @ 0005 GMT ...

  • MCC, Minara tipped to be sole bidder for Ravensthorpe 25 Nov 2009 01:16 GMT
    ... There is heightened speculation that the much-hyped auction ... auction for BHP Billiton's mothballed Ravensthorpe nickel mine has petered into a one-horse race and ... Poseidon Nickel and Canadian-based and Africa-focused copper miner First Quantum had also expressed an interest in ...

  • Aussie shares flat at noon 25 Nov 2009 02:37 GMT
    ... Chinalco would sell its stake in the mining giant was dismissed as rumour. By 12.05 ... Tuesday's closing price of $US1,167.10. Among gold miners, Lihir was 5¢ lower, or 1.37 per ... by volume at 12.29 AEDT was Focus Minerals, with 77.6 million shares worth $4.57 million ...

  • Market still flat mid-morning with little direction 25 Nov 2009 02:51 GMT
    ... Chinalco would sell its stake in the mining giant was dismissed as rumour. By 9.05am, ... yesterday's closing price of $US1167.10. Among gold miners, Lihir was five cents lower, or 1.37 ... stock by volume at 9.29am was Focus Minerals, with 77.6 million shares worth $4.57 million ...

  • We've been shafted on ETS, say coalminers 25 Nov 2009 01:03 GMT
    ... THE coal mining industry has slammed Kevin Rudd's proposed changes ... to the planned emissions trading scheme, claiming miners of the nation's biggest export will still ... $14bn in carbon costs to 2020," Australian Minerals Council chief executive Mitch Hooke told "At ...

  • MCC backs "project of the century" 25 Nov 2009 02:52 GMT
    ... AUSTRALIAN mining mogul Clive Palmer has announced the Metallurgical Corporation of China (MCC) intends to secure ... for the $7.5 billion "China First" coal mine and infrastructure project in Queensland. MCC has ...

  • Four Mile partners still squabbling 25 Nov 2009 01:07 GMT
    ... move ahead on the Four Mile uranium mine soon. In the past six weeks Alliance, through ... north. The mine is earmarked to be Australia's fourth uranium mine and represents an investment ... its authority in lodging a native title mining agreement, which covers the Beverley mine area ...

  • HK Hot Stocks-Fantasia rises 10 pct in debut 25 Nov 2009 03:13 GMT
    ... its open at HK$2.40. * Chinese coal mining equipment maker Sany Heavy Equipment jumped 27 ... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... ... Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News ...

  • HK Hot Stocks-Sany Heavy jumps 27 pct in IPO 25 Nov 2009 03:13 GMT
    ... stocks on the move: * Chinese coal mining equipment maker Sany Heavy Equipment jumped 27 ... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... ... Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News ...

  • Aust stocks open higher 25 Nov 2009 01:06 GMT
    ... The Australian stock market opened higher on Tuesday despite ... on volume of 5,376 contracts. The major miners opened with differing results. BHP Billiton was up ... cents to $29.46. The spot price of gold in Sydney was $US1,167.80 per fine ounce, ...

  • Market opens flat on weak US lead 25 Nov 2009 01:11 GMT
    ... The Australian stock market has opened flat despite US ... on volume of 5376 contracts. The major miners opened with differing results. BHP Billiton was up ... cents to $29.46. The spot price of gold in Sydney was $US1167.80 per fine ounce, ...

  • Jameson Resources looks at new wash plant feasibility study 25 Nov 2009 02:52 GMT
    ... complete the feasibility study on the expanded mine case at an optimal annual production rate. It ... wash plant facility will require only slightly more capital than upgrading the existing wash plant ... reserve definition and amendments to the existing mining permit, the company is aiming towards ramping ...

  • Rio Tinto to buy iron-ore from Australian junior 24 Nov 2009 11:18 GMT
    ... Rio Tinto to buy iron-ore from Australian junior 24th ... Rio Tinto and IOH initially on the mine-gate sale in mid-2008. At the time, Walsh ... developed within our integrated system of 11 mines, 1 300 km rail network and three ...

  • New Zealand - Animal rights at it again 24 Nov 2009 01:01 GMT
    ... down a pit of a Southland lignite coalmine used by Fonterra to help fuel operations at ... activity at the New Vale mine, near Gore, comes two months after Greenpeace highlighted Fonterra’s ... looking at changing the rules to allow mining of conservation land." Fonterra is one of ...

  • Will metal share price surge start to tarnish? 24 Nov 2009 01:31 GMT
    ... Mining shares, lifted by robust prices for commodities ... attempt last year by the big UK-Australian miner BHP Billiton, has also been a strong ... for the PSigma UK Growth Fund, said miners are supported by potentially inflated commodity prices ...

  • Continental Nickel Reports New Sulphide Intersections at Nachingwea, Including Massive Sulphides Grading 4.31% Nickel and 0.60% Copper Over 2.4 Metres 24 Nov 2009 13:32 GMT
    ... Company announced its first NI 43-101 compliant Mineral Resource estimate from nickel sulphide bodies at ... contained herein. INDUSTRY: Manufacturing and Production - Mining and Metals SUBJECT: DRM ...

  • Crocodile Gold Provides Background on Tom's Gully Historic High Grade Results Include 21.3 g/t Au Ov 24 Nov 2009 15:55 GMT
    ... Northern Territory. Background The Tom's Gully underground mine is located 100 kilometres east southeast of the ... mine in the first quarter of 2010. Mineralization occurs in planar quartz sulphide veins which ... the model prior to the commencement of mining. As a result, the initial focus of ...

  • Rio Tinto to buy 1.5mt of iron ore from small Australian miner annually 24 Nov 2009 06:12 GMT
    ... ) has agreed to buy and transport up to 1.5 ... of iron ore annually from small Australian miner Iron Ore Holdings Ltd (IOH.AX: ), a ... look at buying one of IOH's undeveloped mines, it said in a statement on Tuesday. ...

  • Bass plans A$10m placement to help fund new Tasmania mine 24 Nov 2009 12:52 GMT
    ... A$10m placement to help fund new Tasmania mine 24th November 2009 Updated 1 hour 6 ... JOHANNESBURG (miningweekly.com) – Australian gold and base metals producer Bass Metals would undertake a A$10-million ... will be a long term, large scale mining and processing operation based on its current ...

  • Rio to buy smaller Australian miner's iron ore 24 Nov 2009 04:37 GMT
    ... SYDNEY, Nov 24 (Reuters) - Rio Tinto Ltd/Plc ... of iron ore annually from small Australian miner Iron Ore Holdings Ltd ( ), a ... look at buying one of IOH's undeveloped mines, it said in a statement on Tuesday. ...

  • Australian Stocks Weak, LEI Rises 0.3% 24 Nov 2009 22:43 GMT
    ... – Australian stocks declined tracking losses in metals and commodities prices. BHP Billiton is in ... advanced stages to sell its closed nickel mining operation for as much as $500 million. ... close the sale of its closed nickel mine as early as this week. Losses were ...

  • Jameson Resources Limited (ASX:JAL) Commits to Expanded Mine Case Feasibility Study 24 Nov 2009 01:20 GMT
    ... complete the feasibility study on the expanded mine case at an optimal annual production rate. It ... reserve definition and amendments to the existing mining permit, the Company is aiming towards ramping ... have been sent to Birtley Coal and Minerals Testing Division of GWIL industries in Calgary ...


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