A resources executive will abandon at least one fossil fuel even though it significantly boosted his employer’s bottom line. Gary Nagle refuses to stop phasing out coal despite the commodity...
Tag - coal
A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...
Global fossil fuel consumption rose to record levels not seen in almost 10 years, new data shows. The International Energy Agency (IEA) recently confirmed coal demand rose to the previous annual...
An Asia-backed investment company reportedly sold its minority stake in a mining company that operates in multiple countries. Hong Kong-headquartered OCP Asia is rumoured to have disposed of TerraCom...
A multinational resources company exited its shareholding in an Asia-backed business. Glencore recently sold a minority stake in Yancoal Australia for $422 million. “Glencore can confirm it has...
A multinational resources producer went public about the real expense of extreme government revenue raising. BHP recently predicted it could end up paying 58.3 per cent more, following the Queensland...
Speculation is growing that one of the world’s largest economies is preparing to welcome back Australian commodities. Market observers are spreading rumours that mainland China’s economy...
Australia’s mining sector will keep enjoying a jump in activity despite extreme government revenue raising, an advocate said. Minerals producers will continue to benefit from the thermal coal...
Extreme government revenue raising could risk destroying a recent jump in resources activity, an industry defender said. The Queensland Resources Council is deeply concerned the State Government...
A resources executive is optimistic about reinstating hundreds of axed workers before Christmas at an $896 million coal project in Queensland’s Darling Downs region. New Hope Group (NHG)...
