BC Iron has formalised a landmark JV agreement with Fortescue Metals Group (FMG) that puts BC Iron on track to become Australia’s newest iron ore producer in early 2010.
The agreement will see the two companies establish a joint venture to develop BC Iron’s Nullagine Iron Ore Project in Western Australia’s Pilbarra region.
The formation of the [...]

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Fortescue Metals Group Ltd is a step closer to obtaining access to railways owned by BHP Billiton Ltd and Rio Tinto Ltd after Treasurer Wayne Swan ruled they should be opened to third parties.
Rio Tinto Ltd, the world’s second largest iron ore producer, says it is disappointed by the federal government’s decision to allow third-party [...]

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A new thermal coal mine for central Queensland could be in operation as early as 2012 now that an agreement between miner Hancock Prospecting and contractor Thiess has been made.
Thiess, a subsidiary of Leighton Holdings, announced yesterday it had been engaged to co-manage with Hancock Prospecting the pre-feasibility study (PFS) for the Alpha Coal Project.
The [...]

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