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Ore market issue for ACCC: Abbott PDF Print E-mail
AAP, THE WEST AUSTRALIAN   
Friday, 22 May 2015 16:35

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Tony Abbott says the competition watchdog is best placed to deal with any problems in the iron ore market.

 
Atlas wins $12m in royalty relief PDF Print E-mail
THE WEST AUSTRALIAN   
Friday, 22 May 2015 16:21

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Atlas Iron received some more good news today with the State Government agreeing to $12 million in royalty relief for the embattled junior iron ore miner.

 
Vale a responsible producer: Twiggy PDF Print E-mail
AAP, THE WEST AUSTRALIAN   
Friday, 22 May 2015 16:18

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Fortescue Metals Chairman Andrew Forrest says Brazilian iron ore giant Vale is a responsible producer compared to Australian rivals Rio Tinto and BHP Billiton.

 
Venturex sells project for $14m PDF Print E-mail
THE WEST AUSTRALIAN   
Friday, 22 May 2015 16:05

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Shares in Venturex Resources closed up sharply after the company announced the sale of its Pilbara copper-zinc project for $14 million.

 
Australia rules out inquiry PDF Print E-mail
AFP, THE WEST AUSTRALIAN   
Friday, 22 May 2015 12:09

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Australian Treasurer Joe Hockey said yesterday his government would not set up a parliamentary inquiry into the massive iron ore sector following discussions with regulatory bodies and industry players.

 
FMG cops ratings downgrade PDF Print E-mail
AAP, THE WEST AUSTRALIAN   
Friday, 22 May 2015 12:06

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Ratings agency Fitch has downgraded its outlook for Fortescue Metals Group because of lower than expected iron ore prices.

 
Zijin offer vote delayed PDF Print E-mail
THE WEST AUSTRALIAN   
Friday, 22 May 2015 11:52

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China’s biggest gold miner, Zijin Mining, has been forced to defer a vote on its bid to mop up control of Norton Gold Fields after failing to win the support of minority shareholders for its 23c-a-share offer.

 
'Supply gap justifies Browse' PDF Print E-mail
THE WEST AUSTRALIAN   
Friday, 22 May 2015 11:44

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Woodside Petroleum has stepped up its campaign for why the Browse floating LNG project should be sanctioned for development next year, pointing to a supply gap that will open up in 2021 in part because 60 million extra tonnes of liquefied fuel will be needed in China and India alone.

 
Rio named WA's best employer PDF Print E-mail
THE WEST AUSTRALIAN   
Thursday, 21 May 2015 13:50

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Resources companies have scooped the pools as Western Australia’s most attractive employers at the annual Randstad Award in Perth this morning.

 
Sage takes gander at old Swan PDF Print E-mail
THE WEST AUSTRALIAN   
Thursday, 21 May 2015 10:16

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Tony Sage’s Caeneus Minerals yesterday swooped on the mothballed Silver Swan nickel mine near Kalgoorlie-Boulder in a surprise cash and scrip deal worth $2.7 million with Poseidon Nickel.

 
Juniors face dwindling cash stash PDF Print E-mail
THE WEST AUSTRALIAN   
Thursday, 21 May 2015 10:13

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More than 37 per cent of Australia’s junior exploration companies had less than $500,000 left in the bank at the end of March, and almost 70 per cent were holding less than $2 million.

 
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