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...
Tag - acquisition
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...
A resources giant declared a day of mourning, following a subterranean blaze that ended dozens of lives. ArcelorMittal confirmed the company’s entire operations will grieve dozens of recent...
Outsourced workers will be offered permanent positions at two fossil fuel operations in Queensland’s Central Highlands and Isaac regions. BHP Mitsubishi Alliance (BMA) recently signed asset...
Receivers and Managers of Navarre Minerals Queensland Pty Ltd (NMQ), McGrathNicol Restructuring, confirm today that an expressions of interest sale campaign for NMQ’s Mt Carlton gold mine...
A foreign mining giant will purchase multiple operations for a colossal sum. United States-headquartered Newmont Corporation recently made an acquisition offer for Newcrest Mining for A$28.8 billion...
A multinational supplier won a tender at a major operation under new ownership. Eriez Australia confirmed it recently secured the hydrofloat contract at OZ Minerals’ (OZL’s) Carrapateena...
