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Simandou mine site

Mining giant pushes ahead with $26B project

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...

MACA workers

Employer recommends $350M acquisition offer

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...

Wiluna mine

Mine collapses after failing to cover soaring costs

Rising expenses and debt forced a mineral producer into insolvency. Wiluna Mining Corporation recently appointed FTI Consulting senior managing directors Michael Ryan, Kathryn Warwick, Daniel...

Glencore coal

Aussie coal ban rumoured to end soon

Speculation is growing that one of the world’s largest economies is preparing to welcome back Australian commodities. Market observers are spreading rumours that mainland China’s economy...