Page 42 - Peter Oconnor News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China’s African iron ore strategy spells danger for Australia The Simandou iron ore deposit in West Africa has the potential to change the dynamics of the global iron ore market and put China in the driver’s seat. Apr 9, 2021 – 6.58pm Save Share With the iron ore price hovering around $US160 a tonne and Australia exporting about 20 million tonnes of ore from the Pilbara every week, the country is earning about $585 million a day from China. Thanks to rising demand from Chinese steel mills, the revenue from each tonne of high-grade iron ore has risen 80 per cent in the year to d...

By Reuters Staff 3 Min Read MELBOURNE (Reuters) - South32 Ltd will provide up to $250 million in funds to smooth the sale of its South African energy coal business to mining group Seriti Resources, the company said on Thursday. FILE PHOTO - A sign adorns the building where Australian miner South32 has their office in Perth, Western Australia, November 19, 2015. REUTERS/David Gray South32 will pay $200 million across a decade to partly fund costs of the environmental clean up of the mines of its South Africa Energy Coal unit once they close, and a $50 million facility to pay for the costs of...

Washington: Re “Amtrak proves Amtrak wrong” (editorial, March 29): The work that Amtrak is doing at night and on weekends in the 110-year-old North River Tunnel is only maintenance in one section designed to keep the tunnel running and immediately reduce delays. It is not the full rehabilitation of the tunnel, so it lasts another century, that is necessary as part of the full Hudson Tunnel Project under the Gateway Program.

Evolution Mining’s plan to make an old Canadian gold mine bigger and better has taken an important step with the $354m acquisition of a neighbouring company.

Running Rings Around the Empire: The 1908 Olympics Statues in Nenagh, County Tipperary, of three Olympic gold medalists from or with Nenagh connections. Left to right, 1908 Olympians Matt McGrath, Johnny Hayes, and Bob Tisdall, who won a gold medal in the 400-meter hurdles at the 1932 Summer Olympics in ­­Los Angeles. (Photo courtesy Nenagh Olympic Athletic Club) By Roger McGrath, Contributor In 1908, as the world’s attention focused on the Olympic Games in London, Britain had decided again not to allow Ireland to field its own team, imperiously stating, “Ireland is not a nation....