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Cadia mine

Resources multinational offers $29B for eight mines

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...

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...

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...

Goonyella Riverside Mine

Queensland company will acquire BHP’s coal assets

A Brisbane-headquartered resources company agreed to purchase a majority stake in a mining giant’s operations in Central Queensland’s Bowen Basin. Stanmore Resources recently declared it...

Cloncurry Copper Mine

Funding approval for $329m metal project in NWQ

A metal producer has been approved funding for its $329 million copper project in northwest Queensland. Altona Mining recently secured approval from China-based Sichuan Railway Investment Group...