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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...

Dianne project

Far North Qld mine accelerates reopening

A resources company will fast-track its mining revival in Queensland’s Cook Shire. Revolver Resources recently confirmed it would use new funding to quickly reopen its Dianne Project, 260km...

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...

Wiluna mine

$73M mining revival announced

A struggling resources operation could reopen if everything goes to plan. Administrators recently revealed $73 million would be sufficient to restart Wiluna mine, 530km north of Kalgoorlie. Wiluna...

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...

Avebury mine

Mine collapses after failing to find new owner

Dwindling commodity prices forced a struggling resources operation into receivership. A near 42 per cent drop in nickel spot prices prompted Mallee Resources to transition its Avebury mine into care...

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...