Archived News for Industry Professionals - June, 2013
The former head of Australian investor relations for Newcrest Mining is back at his old post. Reports today say Steve Warner has been filling in the firing line position for compatriot Spencer Cole in recent days.
Intrepid Mines board survives coup over lost Indonesia mine
A Hong Kong private equity group tried but failed to take over the board of the troubled resources company Intrepid Mines, as it tries to reclaim its 80 percent interest in a major Indonesian project.
Japanese Firms Buy Stakes In WA Mine
Mining and petroleum giant BHP Billiton has sold a 15 percent stake in the Jimblebar mine in West Australia to two Japanese conglomerates.
Queensland Hopes To Open The Flood Gates For Tourism
Queensland is reopening the Somerset Spillway Common which had been closed since sustaining damage in the 2011 floods, and is unveiling a plan to transform the Somerset region's network of dams into a natural tourism attraction.
Tinkler Cashes In Most Significant Remaining Asset
Embattled former coal baron and ex-billionaire Nathan Tinkler has sold his 19.4 percent stake in Whitehaven Coal for $2.96 per share.
Blacktown First Of Dozens Of NSW Health Facility Upgrades
Before he unveiled the NSW budget, Treasurer Mike Baird and Health Minister Jillian Skinner inspected early works on the state’s largest hospital building project, part of the budget’s $1.2 billion slated for health capital works.
NSW Budget Bolsters Infrastructure, Health, & Education Despite Tough Times
Road projects, Health, and Education are big winners in New South Wales’ 2013-14 budget announced this week, with nearly $800 Million going to upgrade the Pacific Highway.
Remote Jobs and Communities Program Begins Soon
The new Remote Jobs and Communities Program (RJCP) begins on 1 July, and the Government is announcing extra support to help job seekers and Community Development Employment Projects providers make the transition.
Sydney Takes The Point In Climate Change Battle
Australia knows global warming better than most other countries, especially after the hottest January ever. Sydney aims to lead the country in solving the problems that cause global warming.
Australian Trucking Association kicks off pre-election campaign
The Australian Trucking Association has launched its campaign in the lead-up to the federal election, focussed on the carbon tax, the road funding system and industry road charges.
Big possibilities for 3D printing in mines
3D printing of industrial parts has been called a “utility belt” for mining engineers, with the new technology set to change the way repairs are undertaken.
Coal India has eyes on Australian mines to the tune of $4 billion
An Indian company is seeking to take over two Australian coal companies in a deal reportedly worth over $4 billion.
Delays on Brisbane bridge repairs
Brisbane will have to wait for its scheduled Riverside Expressway maintenance, with work being postponed today.
Federal fuel excise rise hits trucking tax credit
Confirmation today on a fuel excise rise from the Federal Government. An increase of 2.5 per cent up to 26.14 cents per litre will come into effect on July 1.
Government gains CSG veto power
The federal government has gained the ability to veto coal-seam gas developments in cases where the environement is at threat.
Holden Asks Workers To Shoulder Burden
Holden says it cannot continue to produce cars in Australia unless workers at the Adelaide assembly plant take a pay cu
Nanoparticles to assist in oil well recovery
A new technique involving nanoparticles and simple physics could lead to big improvements in recovering oil from old wells.
New report urges an end to most coal mining
A new report which states Australian coal should be left in the ground has understandably angered the mining industry.
NSW puts up funds for Bells Line repairs
The New South Wales Government has pledged to spend $43 million upgrading the Bells Line of Road.
Planning stalls on WA rail and port expansion
Moves to open up a new iron ore province in Western Australia could take up to five years according to one former industry boss, after the collapse of a $6 billion infrastructure plan.
Police cast a wide net on truck and bus checks
Traffic and Highway Patrol Officers have had heavy transporters in their sights during Operation Austrans, the four week program aims to sweep all facets of heavy vehicle compliance.