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...
Category - Latest News
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...
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...
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...
A resources executive will abandon at least one fossil fuel even though it significantly boosted his employer’s bottom line. Gary Nagle refuses to stop phasing out coal despite the commodity...
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...
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...
A mining mogul and an elected official who opposes a $4 billion development unlawfully harmed each other’s reputation, a judge ruled. The Federal Court of Australia recently found both...
An Asia-backed investment company reportedly sold its minority stake in a mining company that operates in multiple countries. Hong Kong-headquartered OCP Asia is rumoured to have disposed of TerraCom...
A multinational resources company exited its shareholding in an Asia-backed business. Glencore recently sold a minority stake in Yancoal Australia for $422 million. “Glencore can confirm it has...
A multinational resources producer refuses to abandon a mega development. Rio Tinto recently pushed ahead with its US$20 billion (A$26.7B) Simandou Mine, 526km southeast of Conakry. The proponent...
A diversified company approved a major takeover bid from a direct competitor. MACA’s board of directors recently recommended a $350.2 million acquisition offer from rival Thiess...
