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…
Rio iron ore to drive mining growth, says Barnett
Oct 3, 2013 Articles
WEST Australian Premier Colin Barnett says he expects the reinvigorated iron ore market to drive further growth in the state’s mining industry, countering wide perceptions that the mining investment boom has passed. Speaking at the official opening of Rio Tinto’s expanded Pilbara port and rail facilities at Cape Lambert in Western Australia, Mr Barnett said Read the full article…
Rio plan massive new $3.5bn mine for the Pilbara
Sep 27, 2013 Articles
Rio Tinto has submitted documents to develop one of the biggest mines iron ore mines in the Pilbara, expected to export as much as 70 million tonnes a year. The Koodaideri mine would be located 110 km north-west of Newman and is expected to have a 30 year life span. According to documents filed by Read the full article…
BGC joins Rinehart in Pilbara
Sep 27, 2013 Articles
BGC Contracting is recruiting hundreds of people for work on Gina Rinehart’s Roy Hill iron ore project after winning a $420 million contract due to start next month. Len Buckeridge-owned BGC Contracting will need a peak workforce of 500 in January next year to complete its two-year contract with project manager Samsung C&T. The extra Read the full article…
Iron ore giant releases massive Pilbara plans
Aug 28, 2013 Uncategorized
MINING powerhouse Rio Tinto has released detailed plans for a massive new $3.5 billion iron ore project, seeking public comment for what would be one of the Pilbara’s biggest mining developments. Lying 110km northwest of Newman, Rio’s Koodaideri project would export up to 35 million tonnes of iron ore per annum across a 30-year mine Read the full article…
FMG to triple production capacity across its mine
Aug 19, 2013 State of the Market
Fortescue Metals Group today officially opened the $US2.4 billion expansion of its port facilities in Port Hedland. WA Treasurer and Transport Minister Troy Buswell officially opened FMG’s fourth berth at Herb Elliott Port, representing the last major component of an expansion that has lifted the company’s export capacity to 155 million tonnes per annum. Fortescue Read the full article…