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BMA Australia

New owner takes control of Bowen Basin coal mines

Multiple coal operations have changed hands in Central Queensland’s Isaac region. Stanmore Resources recently seized control of an 80 per cent stake in BHP Mitsui Coal (BMC) for at least US$1...

Blackwater Coal Mine

New Central Qld coal project proposed

A multinational mining company plans to construct a new coal development in Queensland’s Central Highlands region. BHP recently applied for federal approval to construct its new $1 billion...

BMA Australia

Demand for coal tipped to skyrocket due to Russia ban

International sanctions on at least one Russian fossil fuel is predicted to start a new Australian mining boom. A prohibition on coal imports from Russia recently took effect, removing up to 187...

Lundin mine sinkhole

Authority will sanction mining giant for sinkhole

A multinational mineral producer could pay the ultimate price for failing to prevent a cavity near one of its major mining operations. Lundin Mining could be indefinitely banned from Chile after a 36...

Prominent Hill mine

Resources giant makes $8B acquisition bid for rival

A multinational mining company is prepared to pay big money to seize control of a “modern” competitor. BHP recently made an $8.3 billion takeover offer for OZ Minerals. The proposed deal...

Maxwell Coal Mine

Underground coal mine receives $94M boost

A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...

Glencore coal

Demand for coal hits a decade high

Global fossil fuel consumption rose to record levels not seen in almost 10 years, new data shows. The International Energy Agency (IEA) recently confirmed coal demand rose to the previous annual...