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...
Tag - acquisition
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...
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...
A fossil fuel producer could exit one of its new sites in Queensland’s Central Highlands region. Whitehaven Coal is rumoured to be deciding whether to sell its recently acquired Blackwater coal...
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...
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...
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...
People owed money rejected an insolvency firm hired to sell a fossil fuel operation in Queensland’s Western Downs region. A majority of creditors voted to remove BCI Ferrier as voluntary...
Resources employees faced a difficult decision in Queensland’s Central Highlands and Isaac regions. Workers were recently given seven days to accept new individual contracts with less...
An equal opportunity employer will close one operation while searching for new owners. CBH Resources recently confirmed it would sell its Rasp mine. Japan-headquartered parent company Toho Zinc...
