New South Wales mining royalties are at record levels and forecast to keep the state budget in surplus over the forward estimates to 2022-23, despite the sector getting no share in the 2019-20 state budget.
Newmont Goldcorp has awarded a $6 million construction contract to Valmec for the second expansion project it has proposed at the Tanami gold mine in the Northern Territory.
Coal is forecast to almost completely disappear from Australia’s electricity system by 2050 if governments do not attempt to keep plants online with subsidies, according to the latest economic analysis from BloombergNEF (BNEF) New Energy Outlook 2019.
BHP has completed a heap leach development trial it says confirms the technology’s viability to extract copper, uranium, gold and silver at the Olympic Dam mine in South Australia.
Chalice Gold Mines is set to secure a significant nickel sulphide exploration opportunity in the west Kimberley region of Western Australia after acquiring North West Nickel.