Resources

Pass proper mining tax, say Greens

The Australian Greens have again urged federal Labor to increase its proposed mining tax, to better protect industries struggling under the weight of the high Australian dollar.

Thiess wins $180m earthworks contract

Leighton Holdings subsidiary Thiess has won a $180 million contract for work at BHP Billiton Mitsubishi Alliance's (BMA) Caval Ridge coal mine in Queensland.

Northern Star books stunning half-year

Northern Star Resources says it is set to embark on a new phase of growth after booking a 250 per cent spike in half-year profit.

Decmil latest preferred contractor for Rio

Construction and contracting group Decmil Australia has announced a five-year preferred contractor agreement with Rio Tinto to provide civil works for its $US18 billion iron ore expansion in the Pilbara.

FMG gets nod for Cloudbreak expansion

The state’s environmental umpire has given its conditional approval to Fortescue Metals Group’s plans to expand its Cloudbreak iron ore mine in the Pilbara.

Kloppers blames work laws for strike

BHP Billiton chief executive Marius Kloppers has blamed complex Labor workplace laws for creating the conditions for current strike action at the company's coal operations.

Emu to revive nation's sole antimony mine

Australia's sole antimony mine is to be revived under plans by Emu Nickel, which needs to raise $60 million to buy the asset and re-start production. Shares in Emu were up half a cent, or 6.25 per cent, at 8.5 cents at 1324 AEDT.

Rio Tinto iron ore expansion gathers steam

Rio Tinto has again demonstrated its faith in Asia's growing demand for iron ore by committing $US3.4 billion ($A3.2 billion) to expand its operations in Western Australia's Pilbara region.

BHP first half profit falls to $9.3b

BHP Billiton's first-half profit has fallen by 5.5 per cent to $US9.941 billion ($A9.3 billion), due to lower commodity prices and some production constraints.

Engenium jumps back into rail

Engenium, a subsidiary of the Resources Development Group, is returning to the rail operations sector two years after the highly profitable sale of its rail services joint venture Calibre Engenium to the Calibre Group.

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