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Daunia coal mine trucks

Central Qld coal mines could sell for $5B

A mining giant could exit two fossil fuel operations for a higher than expected sum in Queensland’s Central Highlands and Isaac regions. Whitehaven Coal was recently speculated to offer $4.8...

King Vol mine

Far North Qld mines collapse with $280M in debt

Multiple operations entered insolvency after being unable to cover running expenses. KordaMentha recently began administering the sale of Aurora Metals, which financially collapsed at the end of June...

Andrew Cole

Resources executive steps down with $6M payout

A mining boss will resign from duties with lucrative entitlements. Andrew Cole recently confirmed he would not stay on after OZ Minerals (OZL) is purchased by competitor BHP for $9.6 billion. The...

NHP Remlive partnership

Sole live line indicator supplier partnership extended

An electrical safety warning indicator specialist and exclusive distributor for Allen-Bradley products across the South Pacific region renewed their affiliation. NHP will continue to be an exclusive...

Prominent Hill mine truck

Resources giant offers $9B for five competing mines

A multinational mining company is set to acquire five operations from a rival. BHP recently received approval to start working on its proposed $9.6 billion takeover offer for OZ Minerals (OZL)...

Cokal barge

Coal producer acquires barge fleet

A coking coal company purchased a fleet of barges to guarantee transport capacity. Cokal recently acquired a fleet of conventional shallow draft barges and tug boats to move coal from the Bumi Barito...

Sam Chong

Qld coal mining magnate’s payday hits up to $2B

A Brisbane resources mogul celebrated huge financial gains from soaring fossil fuel prices. Jellinbah Group recently reported a $1.92 billion profit and $1.7B in dividends for the 2022 financial year...

Curragh Coal Mine

Resources giants confirm merger is a possibility

Two multinational mining companies verified widespread rumours about them potentially consolidating. Coronado Global Resources recently confirmed it is trying to merge operations with Peabody Energy...