Anglo American

Aruma Resources has identified high-grade surface sample assays grading up to 36 per cent copper in data acquired from previous explorers in the company’s Fiery Creek copper project near Mt Isa in Queensland. The results come from surface rock chip sampling programs carried out across multiple prospects by previous explorers at Fiery Creek which include Sumitomo, Anglo American and MIM (now Glencore).

Lucrative top-tier mining assets have mostly gone in Australia, so workers need to be flexible to help make new investment possible, mining giants have warned.

China’s not the only game in town, as recent moves in the resources sector demonstrate.

Perth-based Macmahon Holdings has been named preferred mining contractor for Anglo American's Dawson coal operations in Queensland.

There are concerns the share market’s strength doesn’t accurately reflect the nation’s economic performance, or outlook.

Mining giant BHP Billiton’s spin-off, South32, has announced it will delay plans to restart operations at its Samancor Manganese joint venture in response to a slide in the price of alloy.

Perth-based Traka Resources has announced it has resolved to carry out a fundraising of up to $1.4 million for its ongoing West Musgraves copper and nickel project in central Western Australia.

If any further evidence were needed that the commodities boom is over, management changes at some of the world’s biggest resources companies seals the deal.

Goldstream Mining NL 12-Jan-04