Jun 23, 2017 Last Updated 8:22 AM, Jun 23, 2017

New Entry From the Editor :

WA government bans future uranium mine leases, excludes four existing projects

WA government bans future uran…

AusBN - The Western Australian government has imposed a ban on future urani...

CIMIC group awarded $2.8b Sydney Harbour tunnel contract

CIMIC group awarded $2.8b Sydn…

AusBN- International construction giant CIMIC Group will soon begin work on...

Rio Tinto recommences exploration in Mongolia looking for next Oyu Tolgoi

Rio Tinto recommences explorat…

AusBN - Rio Tinto (ASX,LSE:RIO) has begun a new exploration programme in Mo...

China invests in Australia’s agriculture

AusBN – Two large Australian cattle stations have been bought by a Chinese billionaire for A$47 million.

It is the third deal this year involving a Chinese investor purchasing Australian farmland.

Tianma Bearing Group owner Xingfa Ma acquired a 40,000 head of cattle along with the 705,700 hectare Wollogorang and Wentworth stations.

CBRE Australia’s Geoff Warriner commented on the acquisition: "Wollogorang is located within one of the country's most unique and diverse regions, with favourable land and soil types supporting what is already a successful cattle breeding operation." 

@AusBNOnline

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