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Thiess

Contract awarded for $3.6B resources project

A mining services company won a tender at a major development. Thiess recently secured the mining services contract for Fortescue Metals Group’s Iron Bridge Project. The successful bidder will...

MACA workers

Employer takes over management for $367M

A mining services company completely bought out a competitor. A subsidiary of Thiess recently increased its acquisition bid for MACA by 4.9 per cent to $1.075 a share. The target’s founding...

Onslow Project

New $3B project funding approved

A mining services company agreed to invest in one of the Pilbara’s largest ever developments. Mineral Resources (MinRes) and Red Hill Iron Joint Venture (RHIOJV) partners recently approved...

BMA Australia

New owner takes control of Bowen Basin coal mines

Multiple coal operations have changed hands in Central Queensland’s Isaac region. Stanmore Resources recently seized control of an 80 per cent stake in BHP Mitsui Coal (BMC) for at least US$1...

Blackwater Coal Mine

New Central Qld coal project proposed

A multinational mining company plans to construct a new coal development in Queensland’s Central Highlands region. BHP recently applied for federal approval to construct its new $1 billion...

Prominent Hill mine

Resources giant makes $8B acquisition bid for rival

A multinational mining company is prepared to pay big money to seize control of a “modern” competitor. BHP recently made an $8.3 billion takeover offer for OZ Minerals. The proposed deal...

Maxwell Coal Mine

Underground coal mine receives $94M boost

A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...

Glencore coal

Demand for coal hits a decade high

Global fossil fuel consumption rose to record levels not seen in almost 10 years, new data shows. The International Energy Agency (IEA) recently confirmed coal demand rose to the previous annual...

Coal mining QRC

Mining giant sells stake in foreign coal producer

A multinational resources company exited its shareholding in an Asia-backed business. Glencore recently sold a minority stake in Yancoal Australia for $422 million. “Glencore can confirm it has...

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...