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Eacon driverless truck

$148M funding will triple driverless truck rollout

A foreign company raised money to deploy hundreds more autonomous heavy vehicles. EACON Mining Technology secured a further US$44.5 million (A$67.7M) in finance to roll out three times more...

Dartbrook Coal Mine

$300M coal mine accelerates reopening

A resources operation will be revived sooner than expected. Australian Pacific Coal (AQC) recently fast-tracked restarting its Dartbrook Coal Project, 122km northwest of Newcastle. AQC has already...

Ravenswood mine

Authority approves ‘largest’ Qld mine extension

One of Far North Queensland’s biggest resources operations will keep producing for years to come. The State Government recently renewed four mining licences for EMR Capital’s and Golden...

Gainwall highwall mining unit

New Qld coal project referred for final assessment

A proposed Bowen Basin mine is one step closer to construction. Federal assessment is underway for Vitrinite’s Vulcan South Coal Mine, about 230km southwest of Mackay. Federal Environment and...

Kestrel Coal Mine

Qld coal mines rumoured to be exited soon

Two major mines could be under new management within just months. The next coal operations to be exited are widely speculated to be EMR Capital’s Kestrel mine (51km northeast of Emerald) and...

Dendrobium coal mine

Resources producer approves $2B coal mine sale

A mineral multinational agreed to sell one of its mining operations. South 32 recently approved a binding agreement to sell Illawarra Metallurgical Coal for US$1.65 billion (A$2.53B) to part of M...

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...