All mining articles
Rio Tinto awaits
Saturday, 14th January, 2012
They are the humble birthplaces of two of the world’s largest mining giants so despite being on opposite sides of the world, it made sense for Spain’s Rio Tinto and Broken Hill to pair up.
The unofficial sister cities may have many cultural differences, but there’s some striking similarities between the two as well.
Both are in the relatively early stages of branching out into areas such as tourism and art as they confront the challenges common to declining mining towns.
White Dam keeps on keeping on
Saturday, 14th January, 2012
Production at the White Dam gold mine 80 kilometres west of Broken Hill has been extended amid record metal prices and low operating costs.
Joint venture partners Exco and Polymetals had planned to finish mining late last year, but will extend production by at least six months, and more if further resources are discovered.
Newly appointed managing director of Exco, Geoff Laing, said White Dam had exceeded expectations with higher than forecast production rates, fed by the record gold price seen around the globe.
Chopper crew plumbs depths for riches
Thursday, 29th December, 2011
By Paula Doran
It’s the perfect formula for an adventure, and the kind of random mining magic that makes a journalist’s day - all you need is a chopper, a tanker and a very large hoop, plus a dash of the ever-evolving technology - and you have a tale to tell. Cover me, I’m going in.
The Geotech helicopter has just returned for an early afternoon refuel and the BDT is lucky enough to be chopper-side to catch a glimpse of a little aero-techno-mining efficiency at its best.
A city on the move
Saturday, 3rd December, 2011
Broken Hill is slowly regaining economic momentum after the global financial crisis (GFC), fuelled largely by a strengthening mining sector.
That’s according to the annual development update for the region, funded by Regional Development Australia (RDA) Far West NSW and the BH City Council (BHCC).
The report was released this week and compares the city’s growth and prosperity favourably to a base report compiled in 2006.
For the period 2010-11 it cites a progressive recovery from a nationwide slowdown recorded in 2008-09, which badly affected local mining operations.
Saturday, 26th November, 2011
A magnetite ore deposit discovered just over the border in SA is a high quality resource that could find a ready market overseas, according to an exploration company.
The Japanese and Australian owners of the Muster Dam magnetite deposit, located about 100 kilometres south west of Broken Hill, said it could contain about 1.5 billion tonnes.
The joint venture partners, Minotaur Exploration Limited and Japan’s Sumitomo Metal Mining Oceania Pty Ltd, also announced this week that they expected to complete a scoping study by early next year.