China’s Minjar Gold has reportedly offered a bid of more than $1.3 billion for a 50% stake in the massive Kalgoorlie Super Pit gold mine.
Canadian firm Barrick Gold and US giant Newmont Mining each own
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Boral’s $3.5bn buy puts it in frame for US infrastructure boom
Boral has entered into a binding agreement to acquire US company Headwaters Incorporated for US$24.25 per share in cash, equating to a price of US$2.6 billion or A$3.5bn.
The deal has been unanimously
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Sale on the table for Wesfarmers coal mines
Australian conglomerate Wesfarmers has confirmed it’s gauging market interest in its coal assets, but says no decision has yet been made as to whether or not it will sell.
Significant improvements in
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Bulkies on TOMORROW NIGHT! New venue this year – park, not harbour!
Just 24 hours remain until the biggest night in the bulk handling year: the Australian Bulk Handling Awards. The event’s new venue this year is Doltone House Hyde Park in Sydney, and not Doltone House
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Davies hits back after Rio confirms sacking
Rio Tinto has formally sacked two of its key executives a week after they were suspended over leaked emails regarding a 2011 payment to an advisor of Guinean president Alpha Condé.
Rio announced on November
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Green light for Utah Point sale
Legislation allowing the sale of the Utah Point Bulk Handling Facility at Port Hedland has been passed by the WA Parliament.
WA treasurer Mark Nahan said on November 18 the Pilbara Port Assets (Disposal)
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WA tax still threatens surging BHP, Rio
BHP Billiton’s share price rose above $25 for the first time in a year earlier this week, and the miner is expected to deliver a large dividend this financial year as a result of surging coal and iron
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FMG to build eight massive iron ore ships
Fortescue Metals Group has ordered eight Very Large Ore Carriers (VLOC) from a Chinese shipbuilder after it secured a $626 million loan.
The Pilbara iron ore miner announced on November 14 it had secured
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Rio prepares for lengthy payment probe
An investigation into the lawfulness of a US$10.5 million payment relating to the massive Simandou iron ore project in Guinea could take several years, Rio Tinto chief executive officer Jean Sebastien
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Salvation for McAleese?
The biggest secured creditor of collapsed transport group McAleese has reportedly proposed a turnaround plan which would see it delisted from the ASX and re-branded.
According to the AFR, McAleese
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