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Australia

Population: 26.89m (2024)
GDP: $1.79tn (2024)
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news from Australia

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Found 5 articles.

Displaying 1-5 out of 5 results.

Simandou setbacks

The Simandou project, which will develop Africa’s largest-ever iron-ore mine, has hit new trouble and Guinea looks for more help from Asia

On 15 March, Guinean President Alpha Condé sent a message of congratulations to China’s new leader, Xi Jinping. Apparently, the President had not yet fully digested the bad...


China loses Bélinga

After four years of tough renegotiations, China’s deal of the century is finally cancelled

Australia's BHP Billiton has won the rights to the US$5 billion Bélinga iron ore project from China Machinery Engineering Corporation. BHP and the Gabonese Mining Ministry agreed a...


Insider trading

Australian financial authorities are investigating the trading activities of resource company executives in two lucrative takeover deals

The latest attempt by a Chinese company to secure African mining assets from Australian companies has hit the skids over concerns about insider trading by Hanlong Mining. Several suspicious deals...


Frank Timis

Chairman, African Minerals

Two iron-hungry Chinese companies have thrown in their lot with one of the mining industry's more colourful figures. Vasile Frank Timis, a London-based, Romanian-Australian businessman, is the chairman of African Minerals,...


Building an improbable railway

There are two big problems with the new deal between the China International Fund and the small Australian mining company Bellzone announced in Conakry on 24 May to...


Displaying 1-5 out of 5 results.