Greens say dud mining tax can be fixed
Greens lower house MP Adam Bandt said if it's not fixed before the May budget, there could be cuts to welfare and there won't enough funds for education reform."It's now clear ...
View ArticleMining communities in Talensi District demand compensation from Chinese firm
Gbane (UE), Feb 8, GNA - Mining communities in the Talensi District of the Upper East Region, are demanding compensation from the Shaanxi Mining Company Limited, a subsidiary of China Gold ...
View ArticlePoliticians are culpable in decline of SA mining
Mamphela Ramphele, the chairwoman of Gold Fields, got to the nub of the matter during the Mining Indaba this week. The majority of the world’s citizens, she said, did not benefit from their ...
View ArticlePGM applauds ‘efficient’ SA mining legislation
Contrary to the prevailing negativity, Platinum Group Metals (PGM) is pleased with the swiftness with which it received a mining licence for its Rustenburg joint ...
View ArticleGovernments warned not to move the mining goal posts
- Mark Bristow, CEO of one of the most successful African gold mining developers, Randgold Resources, speaking at the Mining Indaba in Cape Town has warned that mining code changes proposed by a ...
View ArticleAus mining tax raised $131m in 6 months – Australia
- Australia's Minerals Resource Rent Tax (MRRT) raised A$126 million ($131 million) in its first six months of existence, far below what the government had hoped to make. Treasurer Wayne Swan ...
View ArticleOpen letter in HD Mining case not received
2/7/2013 One of the unions that has been pushing for Canadians to be given first crack at work at a coal mine in Tumbler Ridge hasn't received an open letter that's addressed to it. ...
View ArticleDrilling Report February 3
The drilling report was produced with data from the Texas Railroad Commission, from January 20 to January 26. The following counties were searched: Anderson, Angelina, Camp, Cass, Cherokee, Dallas, ...
View ArticlePM Gillard rejects changes to mining tax
The first mining tax revenue figures show it's raised only $126 million in six months - or 6.3 per cent of the full year target of $2 ...
View ArticleMining tax shortfall the experts respond
Treasurer Wayne Swan today announced that the mining tax had raised $126 million in the six months following its introduction, well below the $2 billion the government had expected it to yield this ...
View ArticleUS opens more areas in central Gulf of Mexico for oil gas drilling
The US Department of the Interior said Thursday that it has finalized plans to auction off more than 38 million acres in the central Gulf of Mexico to offshore energy producers for oil and gas ...
View ArticleCIL seeks foreign consultants for technology upgrade
KOLKATA (miningweekly.com) - Coal India Limited (CIL) was seeking a foreign consultant to draw up a technology development and modernisation programme to cope with the rapidly changing demand-supply ...
View ArticleNamakwa Diamonds likely to delist from the Aim
JOHANNESBURG (miningweekly.com) – Majority shareholders of Aim-listed Namakwa Diamonds have requested that a special general meeting of the company be convened to allow shareholders to consider ...
View ArticleMRRT raises A$126m in 201213 H1 revenue
PERTH (miningweekly.com) - Amid a push for more transparency around the revenues raised by the mineral resource rent tax (MRRT), federal ...
View ArticleNewcrest H1 profit halves on lower sales revenues
PERTH (miningweekly.com) - Australia’s largest gold miner Newcrest Mining has reported a near 50% decline in its profit for the six months to December, as finances were impacted by lower sales ...
View ArticleChevron makes new gas discovery off WA coast
PERTH (miningweekly.com) - US energy major Chevron has added to its offshore natural gas resources, announcing on Friday that it had made another discovery in the Exmouth plateau area, in the ...
View ArticleRadar shares soar on DSO buy
PERTH (miningweekly.com) - The share prices of ASX-listed Radar Iron jumped by more than half on Friday on the company’s announcement that it had acquired a 51% interest in the Mount Ruby ...
View ArticleSanta Fe ups output in New Mexico
PERTH (miningweekly.com) - ASX-listed International Goldfields on Friday reported that its merger partner Santa Fe was planning to increase gold production at its Summit Mine, in New Mexico. Santa ...
View ArticleDRC rebels offered mining rights for guns
Members of a dissident organisation from the DRC, the Union De Nationalistes Pour Le Renouveau, show hand signals of the Union for Democracy and Social Progress party after appearing at the Pretoria ...
View ArticleAustralias Asciano says union starts 2-day coal rail line strike
SYDNEY- Australian rail operator Asciano said union workers had begun a two-day strike over wage demands that will prevent 600 000 t of coal from reaching port. The Rail Tram and Bus Union ...
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