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Dendrobium coal mine

Resources producer approves $2B coal mine sale

A mineral multinational agreed to sell one of its mining operations. South 32 recently approved a binding agreement to sell Illawarra Metallurgical Coal for US$1.65 billion (A$2.53B) to part of M...

Telfer mine

Resources giant confirms $1B mine selloff

A global mining company revealed it could profit substantially from exiting multiple operations. Newmont Corporation recently confirmed it will sell off its Telfer, Musselwhite, Éléonore, Akyem...

Jakob Stausholm

Mineral multinational approves $26B mega project

A resources giant gave its blessing for a Pilbara ‘killer’ mine. Rio Tinto’s board of directors recently gave the green light for the $26 billion Simandou mine, 526km southeast of...

Western Ridge project

New $1B mining project approved

A mineral producer is proceeding with a major resources development worth US$943 million ($1.4 billion). BHP’s board of directors recently gave the nod for its new Western Ridge Crusher...

South32 Cannington Mine

Central Qld coal mine sells for up to $200M

A fossil fuel operation will be under new ownership in Queensland’s Isaac region. Stanmore Resources recently agreed to purchase South32’s Eagle Downs Coal Mine in Winchester, 208km...

Maxwell Coal Mine

$509M coal project fast tracked

An underground coal operation will be accelerated. New Hope Corporation (NHC) recently purchased up to $105 million of institutional placement equity in Malabar Resources. The amount comprises of a...

Winchester South coal mine

New $1B Bowen Basin coal mine approved

A mining project one step closer to construction in Central Queensland’s Isaac region. The State Department of Environment, Science and Innovation recently granted an environmental authority...