A resources multinational stood down a large number of people at its recently acquired mine. BHP confirmed it has asked about 25 per cent of workers to stop performing duties and go on unpaid leave...
Tag - acquisitions
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...
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...
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...
A mining multinational will become the new owner of multiple operations. United States-headquartered Newmont Corporation recently secured shareholder approval for its $28.8 billion Newcrest Mining...
A mining giant could exit two fossil fuel operations for a higher than expected sum in Queensland’s Central Highlands and Isaac regions. Whitehaven Coal was recently speculated to offer $4.8...
