VALLEY OF THE KINGS, AUSTRALIA: A fleet of charter flights ferry thousands of workers to and from this outback mine site. The resort-like housing offers gourmet food, cheap alcohol, swimming and well-equipped gymnasiums. Australian iron ore mining seems immune from the spending crunch afflicting other commodities as a slowdown in Chinese growth cools a decade-long Read the full article…
2013 MACRO Team Awards
Dec 16, 2013 Uncategorized
Congratulations to the following team members who received the 2013 MACRO team awards. Jason Barlow – Employee of the Year Kara Tripp – Directors Choice Jaye Douglas – Rookie of the Year To see images of the day click here
FMG eyes fifth Hedland berth
Dec 4, 2013 Articles
Fortescue Metals Group is becoming increasingly confident it can sweat its existing Port Hedland infrastructure to a 175 million-tonne-a-year export rate by adding a fifth berth to the inner harbour. It raises the possibility Fortescue could lift its Pilbara production rate above 155mtpa at a relatively small capital cost. Fortescue’s port operations have until now Read the full article…
BHP approves $300m spend, lifting shiploading capacity
Dec 2, 2013 Articles
Opening its coffers, BHP Billiton is spending $US301 million to replace two shiploaders at its Nelson Point port operations in Port Hedland, Western Australia. The company said investing in the shiploaders will increase the reliability of its inner harbour port facilities. Updating its shiploaders will lift the company’s loading capacity by 5000 tonnes an hour. Read the full article…
Rio gives mining boom a $9bn lift
Dec 2, 2013 Articles
RIO Tinto plans to spend up to $US8 billion ($8.7bn) expanding its iron ore mines in Western Australia to feed China’s urbanisation, in a further sign the nation’s mining investment has far from ground to a halt. Rio yesterday said it expected by 2017 to add more than 60 million tonnes per year of iron Read the full article…