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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...

Wiluna mine

$73M mining revival announced

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...

South32 Cannington Mine

Central Qld coal mine sells for up to $200M

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...

Avebury mine

Mine collapses after failing to find new owner

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...

Cadia mine

$29B eight mine acquisitions approved

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...

Daunia coal mine trucks

Central Qld coal mines could sell for $5B

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...

Wilkie Creek coal workers

Southern Qld coal mine reopens

A fossil fuel operation resumed production under new ownership in Queensland’s Western Downs region. New Wilkie Energy (NWE) recently reopened the Wilkie Creek coal mine, 121km northwest of...

Ensham Coal Mine

Central Qld coal mine sells for $340M

A multinational conglomerate will be the next majority owner of a coal operation in Queensland’s Central Highlands region. The Sungela joint venture (JV) recently acquired Idemitsu’s 85...

macmahon contractors will acquire GBF

Macmahon to acquire mining contractor GBF

Macmahon Holdings Limited (ASX: MAH) has entered into an agreement to acquire underground mining contractor GBF Holdings (WA) Pty Ltd and its The acquisition includes all GBF subsidiaries and is...