Brockman Mining plans to continue its efforts to move iron ore on Fortescue Metals Group’s Pilbara railway, despite agreeing with logistics firm Qube on a truck haulage deal.
The mining minnow recently
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Sanders challenges Rio, BHP copper mine
Democratic presidential nomination candidate Bernie Sanders has stepped up his campaign against a joint venture between Rio Tinto and BHP Billiton to build an $8bn copper mine in Arizona.
Jane Sanders,
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Minerals Council joins push for 20% company rate
A reduction to Australia’s company tax rate would most benefit wage-earners and consumers, the Minerals Council of Australia has argued in a move expected to heat up the company tax reform debate in
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Glencore lays out rail sale proposal
Mining group Glencore has reportedly presented funds with a 30-year guarantee for its coal haulage as part of the sale of its rail subsidiary, Glencore Train.
Glencore is planning to sell Glencore Train
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Unions targeted as PM threatens double dissolution
Prime Minister Malcolm Turnbull has presented the Senate with an ultimatum: pass laws to more strictly monitor the nation’s unions, or face a rare double dissolution election.
Turnbull made his move
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Cost cutting, reduced debt to remain focus under new Rio boss
Rio Tinto has announced the retirement of chief executive Sam Walsh, and his succession by Copper & Coal chief executive Jean-Sébastien Jacques.
Walsh will retire on July 1, after almost seven years
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Macarthur buy potential trigger for Peabody’s impending collapse
The world’s largest private coal miner, Peabody Energy, is on the edge of bankruptcy, and at least one US analyst has blamed its $4.9 billion Macarthur Coal buyout in 2011 as a major factor.
Peabody,
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Forrest declares supply ‘vandalism’ over
Fortescue Metals Group chairman Andrew Forrest has told The Australian that the irresponsible “oversupply” of iron ore by his major competitors, Rio Tinto and BHP Billiton, is all but over.
Forrest,
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New Hope: Rail undertakings should have been resolved ‘years ago’
New Hope Corporation is seeking a substantial reduction of rail costs from its Queensland mines, as it announced a $20.2 million underlying pre-tax profit on Tuesday.
New Hope processed 5.1mt of ROM coal,
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Aurizon nets long-term extension for BHP’s Mt Arthur coal
Rail operator Aurizon has secured a long-term contract extension with BHP Billiton which will see it haul coal from the miner’s Mt Arthur coal mine through to June 2028.
Aurizon announced the long-term
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