News
Mining.com News
Australia Mining News
- WA Premier Colin Barnett has told Fortescue Metals Group and Aquila Resources to bury their differences and work together to from a new port in WA. - Xstrata has confirmed it is in talks with Glencore International to form a monster $US82 billion merger company to rival BHP Billiton. - The WA Government has announced a major shakeup to how the state's industrial ports are managed. - One of the most vocal opponents to Lynas Corporation's plans in Malaysia says it is "outraged and appalled" by the Government's decision to grant Lynas a temporary operating licence. - The Northern Territory has received a number of proposals for exploration of the seabed off the coast.Mining Journal
- Cape Lambert Resources Ltd to sell 9.4% stake to UK-based institutional investors. - BHP Billiton today announced the sale of its 37% stake in South African mineral sands operation Richards Bay Minerals (RBM), marking the end of the company’s involvement with titanium minerals. - In news which is likely to excite even the most jaded of industry analysts, Glencore International plc and Xstrata plc have announced that they are in talks regarding a possible ‘merger of equals’, which would potentially create one of the largest and most diversified entities in mining. - After some uncertainty regarding whether it had received enough share offers, China Guangdong Nuclear Power Corp (CGNPC) and Kalahari Minerals plc today confirmed the unconditional status of a £632 million (US$1 billion) bid for the Namibia-focused company - Vale SA suspended production at five nickel projects in the Sudbury area of Ontario yesterday, following an accidental death at the company’s Coleman copper-nickel mine.
