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- Top News
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- CIMIC Group bolsters mining portfolio with $260m win
CIMIC Group’s services company, UGL, has been awarded $260 million worth of new rail and mining services contracts across Australia.
- Stanmore Coal receives fresh takeover proposal
Stanmore Coal has received an acquisition proposal from Winfield Group Investments for an equity valuation of $390 million to $442 million.
- Altura bolsters Pilbara holdings through Sayona agreement
Altura Mining is set to significantly expand its existing tenement holding in the Pilbara, Western Australia through investing in the exploration portfolio of emerging lithium miner Sayona Mining.
- Australian resources exports drive record trade surplus
Australia has delivered a new record full-year trade surplus of $49.9 billion off the back of impressive results from the nation’s resources sector.
- Lucapa boosts diamond sales from Lulo and Mothae
Lucapa Diamond Company has earned $8.8 million in the latest diamond sales from its Lulo and Mothae mines.
- Glencore to halt cobalt operation amid plunging prices
Glencore is set to close its Mutanda cobalt mine in the Democratic Republic of Congo amid tumbling prices for the battery metal and global uncertainty posted by the US-China trade war.
- SMC rids the industry of pesky dust issues
No matter what environment one operates in, dust remains an issue. Whether one is in a harsh environment such as mining, or is looking to pass the ‘white glove’ test in the food and beverage, agricultural or pharmaceutical industries, SMC’s new JSXFA series is the answer.
- Ausdrill keeps focus on growth after transformative year
To call the past year a period of change at Ausdrill would be an understatement.
- Northern Minerals terminates rare earths offtake for Browns Range
Northern Minerals has cancelled its rare earths carbonate offtake agreement with China’s Lianyugang Zeyu New Materials Sales (JFMAG), following a breach of the agreement.
- Clive Palmer weighs up legal action against liquidator
A Special Purpose Liquidator (SPL) of Queensland Nickel (QNI) admitted she has failed to disclose crucial documents involving QNI’s major creditor Aurizon.
- Lucapa discovers ‘exceptional’ 64 carat diamond
Lucapa Diamond Company has recovered a 64 carat diamond from the Mothae kimberlite mine in Lesotho, Africa.
- Ausdrill bolsters African portfolio through Sanbrado contract
Ausdrill subsidiary, African Mining Services (AMS), has been selected as the preferred open-pit mining contractor at West African Resources’ Sanbrado gold project in Burkina Faso, West Africa.
- Macmahon considers legal proceeding against Newcrest Mining
Macmahon is set to escalate its contract dispute and pursue legal action against Newcrest Mining to get better rates for its work at the Telfer project in Western Australia.
- BHP invests in Nickel West to meet demand surge
BHP is accelerating the development of its Nickel West division ahead of expected growth in demand driven by the electric vehicle sector.
- Clive Palmer settles $200m Queensland Nickel lawsuit
Clive Palmer has reached a settlement in the Federal Court over the collapse of Queensland Nickel, despite claiming that the Fair Entitlements Guarantee (FEG) scheme should have never happened in the first place.
- Mining approvals urged in 12-month regulation review
The Australian Government is looking to streamline regulation in the resources sector through a 12-month review conducted by the Productivity Commission.
- Queensland releases five areas for coal exploration
The Queensland Government is opening more land in the coal-rich Bowen Basin for exploration to fuel the next round of mining jobs.
- Venturex drives Sulphur Springs project through $100m boost
Venturex Resources has received $US70 million ($100 million) in funding from global commodity trader Trafigura to develop its Sulphur Springs copper-zinc project near Port Hedland, Western Australia.
- Rio Tinto opens door to find next discoveries
Rio Tinto is eager to talk to junior explorers or technology companies with the potential to help it identify the next major greenfields discoveries.
- Attacks on mining leave John Howard ‘perplexed’
Former Australian Prime Minister John Howard is perplexed by the attacks that are made on the mining industry despite its contribution to the country’s wealth.