Sep 26, 2015 Articles | Featured
MACRO was proud to be the official property partner of The Podium Lounge Singapore 2015. As the official Formula 1 Weekend After-Party at The Ritz-Carlton, The Podium Lounge Singapore 2015 hosted 3,000 jet-setters, 5 F1 Drivers, 2 Channel E! News Asia hosts, 8 live performances, 6 DJs, 2 percussionists, 2 aerialists, 50 models, 1 albino Read the full article…
Sep 22, 2015 Articles | Featured | Government & Policy
AMP Capital and Infrastructure Capital Group to acquire Port Hedland International Airport AMP Capital and Infrastructure Capital Group (ICG) have secured approval from Town of Port Hedland Council to take over the 50-year lease of its international airport for $205 million. The consortium of AMP Capital and ICG was awarded the lease of Port Hedland Read the full article…
Sep 15, 2015 Articles | Featured | State of the Market
Mining company stays confident in China’s steel market, despite country’s slowdown SYDNEY— Rio Tinto PLC told investors it expects world-wide demand for iron ore to keep growing despite China’s economic slowdown, as the company projected a rising appetite for steel in coming years. On Thursday, Rio Tinto forecast 2.5% average annual growth in global steel Read the full article…
Sep 11, 2015 Articles | Featured | Government & Policy
The environmental watchdog has recommended approval of a new iron ore mine in the Pilbara, proposed by resources giant BHP Billiton. BHP plans to develop its Orebody 31 mine near Newman to replace Orebody 18, which is due to be decommissioned in 2018. The new mine is expected to produce about 30 million tonnes of iron ore Read the full article…
Sep 9, 2015 Articles | Featured | State of the Market
Hundreds of construction workers who voted in favour of walking off the job at Chevron’s Gorgon LNG project have cancelled the industrial action after negotiations with the lead contractor. The WA branches of the Australian Manufacturing Workers Union and Construction, Forestry, Mining and Energy Union held the vote after months of negotiations with CB&I failed Read the full article…
Aug 11, 2015 Articles | Featured | State of the Market
Rio posted record first half production and sales of 146.3 million tonnes and 146.5 million tonnes respectively from its Pilbara iron ore business. This is an increase of ten per cent on last year’s results. The company said production increased despite unseasonal weather in the Pilbara throughout the first half, including Tropical Cyclones Olwyn Read the full article…
Jul 14, 2015 Articles | Featured | Government & Policy
Oil and gas giant Chevron is being called on to house workers from its Wheatstone project in Onslow in the wake a report on the mental health impacts of fly-in, fly-out (FIFO) operations. The company plans to house about 300 FIFO operational workers at an existing construction camp at the Ashburton North Strategic Industrial Read the full article…
Jul 9, 2015 Articles | Featured | Government & Policy | State of the Market
Australia’s iron ore industry will contribute more to the nation in the next decade than it did through the mining boom, and history shows that any market intervention would be “ineffective at best and counter-productive at worst”, a new report says. Australian producers’ race to increase capacity has set them up to generate $600 billion Read the full article…
Jun 16, 2015 Articles | Featured
Resources reporter, Tony Grant-Taylor, takes a closer look through the headlines to see what the analysts are forecasting for the future of the resources industries. It would be a brave call to suggest that the worst of the recent commodity price slides are behind us. As this was written there had been a couple of Read the full article…
Jun 16, 2015 Articles | Featured
Western Australia’s Pilbara iron ore deposits are the largest in the world and while commodity prices may currently be at a low ebb, major miners have assured their long term prospects not only with efficiencies in production but also with new assessments of their ore reserves. In March, Rio Tinto released its 2014 annual report, which Read the full article…
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