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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...

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...

Gainwall highwall mining unit

New Bowen Basin coal project approved

A proposed coal development is one step closer to construction in Queensland’s Isaac region. The State Department of Environment and Science recently approved Vitrinite’s Vulcan South...

MinRes FIFO workers

Resources company improves FIFO conditions

A major mineral producer approved more a favourable employment environment for remote workers. Fly-in fly-out (FIFO) employees will enjoy better conditions while travelling between multiple mine...

Boggabri coal mine

New coal expansion project receives further approvals

Authorities endorsed additional changes to a major mining extension. The New South Wales Department of Planning and Environment recently recommended further amendments to Idemitsu Australia’s...

Ablemarle mine

Mining giant axes almost 300 workers to save $75M

A resources multinational will retrench hundreds of employees in a major cost-cutting push. About 294 workers are widely expected to be made redundant across most of Albemarle’s operations. A...

Dartbrook Coal Mine

$300M coal mine secures final funding for reopening

A fossil fuel revival received the last funds needed to resume production. Australian Pacific Coal (AQC) recently finalised a new three-year US$60 million (A$90M) debt facility with Vitol Asia. This...