Irvine Island: Native title deal pushes share price up
Pluton Resources shares have risen significantly in price since the comany stuck a native title deal. The company reached an agreement with native title holders the Mayala people to mine iron ore on...
View ArticleKoolan Island: Chinese company owes $114million
Koolan iron ore mine’s owner is owed more than $114million in bad debts by a Chinese company. Mount Gibson Iron, which also has a mine in the state’s mid-west, said the defaulting company had continued...
View ArticleWyndham: New iron-ore mine operating
The new Ridges iron ore mine is in production and delivering ore to Wydham. The mine employs about 100 local people, and intends to stockpile iron ore at a site next to the Wyndham crocodile park. ABC...
View ArticleIrvine Island: Mine costs double, share prices plunge
It will cost twice as much as first thought to develop an iron ore mine at Irvine Island. Shares in Pluton Resources, which owns the project, fell by almost half after the company made the...
View ArticleCockatoo Island: Company to take over mines
Pluton Resources has signed a deal to take over iron ore mines at Cockatoo Island. Sydney Morning Herald said the deal, which would take some months to finalise, would have the company in control of...
View ArticleElders boycott mining deal
An unknown number of Mayala elders are reportedly boycotting an iron ore mining deal they earlier signed. The ABC quotes the elders as saying they felt pressured to sign off on a mining agreement for a...
View ArticleCockatoo Island: Worker hurt loading ship
A man was hurt while helping load an iron ore ship at Cockatoo Island on Sunday. He was hit by a winch handle and broke his arm. ABC [read this story]
View ArticleCockatoo Island: Land use agreement struck
Cockatoo Island’s traditional owners have a new land use agreement with the iron ore mine’s new owners. ABC [read this story]
View ArticleKoolan Island’s iron ore brings record profits
The owner of Koolan Island mine has posted record half-yearly profits, despite delays caused by rain. Mount Gibson’s shares also rose by 3.5 cents. PerthNow [read this story]
View ArticleKoolan Island: Main pit closed for repairs
Mount Gibson has closed Koolan Island iron ore mine’s main pit to repair a section of sea wall. Management told The Australian repairs are expected to take about four weeks, and all workers had been...
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