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Australia Natural Resources News is an EIN News Service for mining professionals. Constantly updated news and information about Australia Mining.
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  • Whiff of Economic Recovery Sends Prices of Industrial Metals Soaring 25 Nov 2009 05:51 GMT
    ... of these metal minerals have relatively low reserves. As we've mined much of the high-grade ... fact, that much of the known mineral resources will never become economically viable reserves. By ... to increase production, Detour has the largest deposit not already owned by one of the ...

  • Emergent Resources Limited (ASX:EMG) Confirms Major JORC Resource Upgrade To 561Mt From Previous 127Mt At Beyondie Iron Project 25 Nov 2009 01:00 GMT
    ... Perth, Nov 25, 2009 (ABN Newswire) - Emergent Resources Limited (ASX:EMG) is pleased to announce a ... Australian magnetite occurrences, such as the Warramboo Deposits being developed by Iron Roads Limited. These ...

  • Australian sharemarket slightly higher at noon 25 Nov 2009 02:15 GMT
    ... The Australian sharemarket was slightly higher at noon after ... cent to $71.85. Iron ore miner Fortescue Metals Group climbed 3.14 per cent to $4.26. ... fiscal year to September 30. On Tuesday, resources stocks led the Australian sharemarket down to ...

  • Australian sharemarket pushes up 0.8% 25 Nov 2009 05:58 GMT
    ... The Australian sharemarket pushed up 0.8 per cent, recovering ... in the miner. Iron ore miner Fortescue Metals Group climbed 2.90 per cent to $4.25. ... fiscal year to September 30. On Tuesday, resources stocks led the Australian sharemarket down to ...

  • Montezuma begins Windsor Gold extension drill 25 Nov 2009 01:31 GMT
    ... Montezuma Mining Ltd has begun an 11-hole 1160m ... an 11-hole 1160m drilling program to extend mineralisation at the Windsor discovery adjacent to the Durack resource in Western Australia. The mineralised zone is ...

  • Emergent upgrades Beyondie resource four-fold 25 Nov 2009 08:33 GMT
    ... Emergent Resources Ltd has upgraded the JORC-compliant resource estimate ... 116 holes. Independent geologists believe comparable magnetite mineralisation is contiguous throughout the entire exploration target. ...

  • Australian Market Report of November 25: Slower Pace of US Recovery 25 Nov 2009 03:52 GMT
    ... Australian Market Report of November 25: Slower Pace ... lower, as investors locked in profits from resources and banking stocks. The benchmark S&P/ASX200 index ... today, and it is believed that China Metallurgical Group Corp (MCC) is considering teaming with ...

  • Jameson Resources looks at new wash plant feasibility study 25 Nov 2009 02:52 GMT
    ... Jameson Resources looks at new wash plant feasibility study ... reserve definition and amendments to the existing mining permit, the company is aiming towards ramping ... minor capital expenditure on delineation of additional reserves. Some components of the existing wash plant ...

  • Australia entering new growth phase: RBA 25 Nov 2009 01:30 GMT
    ... Australia's economy had entered a new growth phase ... which would last years, underpinned by booming mining investment, rapid population growth and rising household ... Asia was also fuelling a boom in resource investment in Australia, notably in mining and ...

  • Australia to ride 'powerful' resources wave 25 Nov 2009 08:13 GMT
    ... Deputy Reserve Bank of Australia (RBA) governor Ric Battellino ... to see a further expansion of the resources sector, including the development of some very ... as a share of gross domestic product, mining investment was set for a "substantial" rise ...

  • Financial: Australia's New Economic Upswing To Extend For Few More Years:RBA's Battellino 25 Nov 2009 06:54 GMT
    ... FinancialAustralia's New Economic Upswing To Extend For Few ... domestic demand. Meanwhile, reflecting greater demand for resources, Battellino said the Australian resource sector would ... of a few large gas projects. Further, mining investment, which was already at record levels ...

  • Australia's New Economic Upswing To Extend For Few More Years:RBA's Battellino 25 Nov 2009 07:15 GMT
    ... Australia's New Economic Upswing To Extend For Few ... domestic demand. Meanwhile, reflecting greater demand for resources, Battellino said the Australian resource sector would ... of a few large gas projects. Further, mining investment, which was already at record levels ...

  • Resource stocks drive market rise 25 Nov 2009 07:30 GMT
    ... The ASX 200 Index was 37 points higher to 4,722 ... was 37 points higher to 4,722. The resources and financial sectors led the rise, with ... adding 2.4 per cent to $41.19. Fortescue Metals put on 2.9 per cent to $4.25. ...

  • Australia shares resume climb; BHP gains 25 Nov 2009 03:53 GMT
    ... MELBOURNE, Nov 25 (Reuters) - Australian stocks turned ... of strong economic growth fuelled by the resources sector, rapid population growth The benchmark S&P/ASX ... 50 index was up 0.4 A$40.89. Fortescue Metals jumped 3.4 percent to A$4.27, putting it ...

  • Western Desert finds economic iron at Roper Bar 25 Nov 2009 08:33 GMT
    ... Western Desert Resources Ltd and ITOCHU subsidiary IMEA Exploration and ... (IEDA) have encountered significant intersections of hematite mineralisation at the Area E of the Roper ...


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