[ad_1] Iron ore stockpiles at Port Hedland. Photo: BHP Billiton The iron ore market decline has continued this week, with the spot price for 62% Fe iron ore quoted as low as US$38.80 a tonne this morning. Sustained market oversupply coupled with a slowdown in demand has led to an iron ore price at the
Read More[ad_1] The battle between Qube and Brookfield over all or part of major port and rail operator Asciano could trigger a renewed focus from the government on the sale of track owner the Australian Rail Track Corporation, a Fairfax report suggests. The AFR’s Street Talk column on Friday reported the Department of Finance could soon
Read More[ad_1] An iron ore price in the US$30s could send some of Australia’s second tier iron ore producers to the wall. A respected economics forecaster predicts that iron ore will slip below US$40/tonne by the end of 2015, and will trade in the US$30s in 2016. While the price is now at US$44.20/tonne, revisiting July
Read More[ad_1] Nathan Tinkler says Australia is still in a good position in the coal sector, relative to its competition. Photo: WICET Oliver Probert – Sydney December 2, 2015 Mining entrepreneur Nathan Tinkler has remained upbeat on the future of coal at his first annual presentation at ASX junior Australian Pacific Coal on Monday. Tinkler, who
Read More[ad_1] The NSW Planning Assessment Commission found the land use needs of the horse studs and the mine were not compatible. Photo: Ingram Publishing 500 jobs will go at Anglo American’s Drayton coal mine after the NSW Planning Assessment Commission (PAC) rejected a plan to expand the mine last week. Anglo American’s Drayton mine will
Read More[ad_1] LafargeHolcim is the world’s largest producer of cement. Photo: Beumer Oliver Probert – Sydney December 2, 2015 The world’s largest cement producer LafargeHolcim has reportedly told staff its Australian and New Zealand operations are not currently on the selling block. An email obtained by Fairfax, reportedly sent to staff on Monday by Holcim Australia
Read More[ad_1] Patrick is a subsidiary of ASX-listed Asciano. Photo: Patrick Oliver Probert – Sydney December 2, 2015 The Maritime Union of Australia has lodged an application to the Fair Work Commission to ballot Patrick stevedore workers over potential strike action in an effort to get improved roster arrangements. An MUA application to the Fair Work
Read More[ad_1] Katter’s Australian Party member Shane Knuth is pushing for re-regulation of the Queensland sugar sector. Photo: Shutterstock A private members bill proposed in Queensland Parliament by Katter’s Australian Party would re-regulate the state’s sugar market. Katter’s Australian Party member Shane Knuth says the bill, Sugar Industry (Real Choice in Marketing) Amendment Bill 2015, will
Read More[ad_1] One of Australia’s most experienced conveyor engineers has applied for patents for an innovative belt conveyor and formed a new company called Down Under Belt Conveyors. According to Mr James, the new belt conveyor uses standard belting and has the return belt above the carry belt. The carry idlers are directly fixed to the
Read More[ad_1] First Roy Hill iron ore ship the MV Anangel Explorer being loaded at Port Hedland. Photo: Roy Hill In the same week iron ore slipped below US$43 a tonne, the first shipment of iron ore has been loaded from Gina Rinehart’s Roy Hill mine in Western Australia’s Pilbara Region. Rinehart, who according to Forbes
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