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Rocky start for the great deal of China

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Miner correction . . . the thoughts of chairman Palmer. Illustration: John Shakespeare The chairwoman of China Power International Development, Li Xiaolin , is someone who likes to either compartmentalise her life or someone with a memory problem. On Saturday, the daughter of
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Floating dock bolsters opportunities

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The floating dock in Henderson will be used for work connected to the Gorgon gas project and submarines (Australian marine complex) Map: Henderson 6166 The dock at the Australian Marine Complex in Henderson cost $60 million and can lift boats weighing up to 12,000 tonnes out
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Alcoa faces industrial action as wage talks stall

Around 1200 Alcoa alumina and bauxite workers in Western Australia plan to stage industrial actions on Thursday over stalled wages talks, but Alcoa said it was not expecting production losses. The Australian Workers Union have not revealed what type of actions its members would take but a

Mine extension to create excessive noise

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Map: Stroud 2425 Gloucester Coal has applied to the New South Wales Government to extend its Duralie open-cut mine to extract an additional 21 million tonnes of coal. The mining company says it will work with about 20 homeowners in a bid to mitigate noise that is expected to reach
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Alumina blames surprise loss on global crisis

Alumina was forced to scrap its dividend a year ago to conserve cash as the industry suffered a severe downturn, but with the recovery underway it said it would pay out 2 cents a share for 2009 and expected better dividends this year. Alumina shares , though, fell in early trading, dropping

Alumina unveils $26m loss in 2009

AAP Alumina Ltd, minority partner of the Alcoa World Alumina & Chemicals (AWAC) group, has blamed the global financial crisis after revealing a $26 million net loss in 2009. The company said it made a net loss of $26 million, and an underlying loss after tax of $2 million. But

Alumina unveils $26m loss in 2009

Alumina Ltd , minority partner of the Alcoa World Alumina & Chemicals (AWAC) group, has blamed the global financial crisis after revealing a $26 million net loss in 2009. But Alumina chief John Bevan said the outlook for improved returns for shareholders has strengthened. "The 2009

Incitec to restart Moranbah plant

Explosives and fertiliser supplier Incitec Pivot Ltd will recommence construction of its $935 million ammonium nitrate plant in central Queensland in May after an almost year-long delay. Incitec Pivot chief executive James Fazzino said the project had strong support from Incitec's

Western Areas tips $10.7m H1 profit

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Nickel producer Western Areas NL is tipping a turnaround in fortunes in its first half, after making a loss in the corresponding period a year earlier. The before tax profit for the period is likely to be $16.9 million compared to a loss of $16.3 million a year earlier. Production
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Western Areas tips $10.7m first-half profit

The Perth-based company expects a net profit of $10.7 million in six months to December 31, compared to a loss of $12.3 million in the same period in 2008. At In mid-morning trade, shares in Western Areas were up 18 cents, or 4.43 per cent, at $4.24. The before tax profit for the period is

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