Jun 23, 2017 Last Updated 8:49 AM, Jun 22, 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/LSX:RIO) has begun a new exploration programme in Mo...

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

uranium industryAusBNAusBN - The Western Australian government has imposed a ban on future uranium mining leases but says it will not stop four projects with existing approvals from previous governments. 

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CIMIC group awarded $2.8b Sydney Harbour tunnel contract

sydney harbour bridge AusBNAusBN- International construction giant CIMIC Group will soon begin work on a tunnel rail crossing under Sydney Harbour after being awarded the $2.8 billion contract by NSW government.

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Rio Tinto recommences exploration in Mongolia looking for next Oyu Tolgoi

rioAusBN - Rio Tinto (ASX/LSX:RIO) has begun a new exploration programme in Mongolia’s Gobi desert in search of the next Oyu Tolgoi after a five year break. 

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Rio Tinto reconfirms Yancoal as preferred buyer for Hunter Valley coal assets

Rio tinto helmetAusBN - The Rio Tinto board has reconfirmed its recommendation to accept Yancoal’s US$2.45 billion bid for its Hunter Valley coal mining division Coal & Allied, after Glencore made a counter offer. 

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Westfield to list in UK or US

AusBN – Westfield Corporation (ASX: WDC) has announced plans to list in the US or UK early next year.

The move follows the company’s controversial A$70 billion spilt of its international and domestic units last year.

Following the spilt Westfield holds around 40 malls in the US and UK while the spin-off company Scentre Group holds Australasian assets.

The company has also hinted at moving its Sydney head offices overseas and the new location will depend on where it decides to list.

Chairman Frank Lowy said: “We have made it clear at the time of the restructure that we are intending to get listing elsewhere and the details have not been fully worked out, it’s a very complex issue.

“There will be no solution, until there is listing, as to where head office and administration will be.”

@AusBNOnline

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