BC Iron is the first Western
Australian iron ore miner to receive royalty assistance from the state government's relief package.
Australian iron ore miners exported record volumes in December, but export growth in 2016 was the slowest in years.
Not exact matches
Troubled
iron ore miner Pluton Resources has been restricted from issuing a reduced content prospectus until next year because it failed to comply with reporting and disclosure obligations, the
Australian Securities and Investments Commission says.
Australian Aboriginal Mining Corporation chairman Daniel Tucker is confident the company will become the first Aboriginal - owned and operated
iron ore miner this year, after signing a mine gate sales deal with Fortescue Metals Group.
Macken also thinks the good times will come to an end in 2017 for
Australian coal and
iron ore miners that enjoyed a spectacular 2016.
The major
Australian miners rose following a lift in overnight
iron ore, nickel and aluminium prices.
US
miner Cliffs says it is likely to shut its
Australian iron ore business this year after it posted a loss - making result over the past six months.
The
Australian sharemarket has retreated from six - year highs, as a plunge in the
iron ore price weighed on
miners and several poorer - than - expected earnings results convinced investors to take a breather.
West
Australian premier Colin Barnett says the government will not become a «bank of last resort» for the resources sector after sweetening conditions for
miners struggling to survive a sustained rout in
iron ore prices.