BHP Billiton Mitsubishi Alliance (BMA) has approved a $US204 million ($270.1 million) investment in the Caval Ridge Southern Circuit (CRSC) capital growth project in Queensland’s Bowen Basin.
Chinese-controlled Yancoal has secured Australian Government approval for a $US2.45 billion ($3.2 billion) acquisition of Rio Tinto’s Hunter Valley coal division in New South Wales.
Workers have returned to BHP Billiton’s coal mines in Queensland’s Bowen Basin following Cyclone Debbie.
Aurizon has begun assessing and repairing damage to its coal rail systems, following flooding caused by Cyclone Debbie that affected Queensland last week.
Macmahon has been chosen as the preferred mining contractor for QCoal’s Byerwen coal mine near Glenden in Queensland’s Bowen Basin.
Glencore has welcomed Queensland parliament’s legislative changes that have helped sort out a dispute between its Newlands coal mine and QCoal Groups proposed Byerwen project.
Labour hire and managed workforce services company One Key Resources is seeing a rebound in demand for qualified mining personnel.
Development of Adani’s Carmichael coal project appears more certain following a visit to India by Queensland Premier Annastacia Palaszczuk last week.
Australia’s mining industry can expect an increase in mergers and acquisitions (M&A) this year, especially in the coal and gold sectors, according to Herbert Smith Freehills.
A Greens plan to shut down New South Wales’ coal industry has been slammed by the state’s leading mining body.
Ernst & Young (EY) expects an upward trend in mergers and acquisitions (M&A) and capital raising activity to continue in 2017, the company outlined in its latest mining and metals report.
Ausdrill subsidiary BTP Equipment has secured a $70 million contract extension at Peabody Energy’s Hunter Valley and Bowen Basin coal operations.
The New South Wales Minerals Council’s latest expenditure survey has found that the 23 participating mining companies directly injected $10.8 billion in the state’s economy in 2015/16.
Iron ore miner Fortescue Metals Group has denied it will make an offer for Wesfarmers’ Curragh coal mine in Queensland.
Anglo American’s expansion plan for the Drayton South coal operation in the Hunter Valley region of New South Wales has again been knocked back.
The Australian Competition and Consumer Commission (ACCC) has raised concerns about South32’s proposed acquisition of Peabody Energy’s Metropolitan coal assets in the Illawarra region of New South Wales.
BHP Billiton has delivered a significant rise in profit during the first half of the 2017 financial year, helped by a resurgence in commodity prices and a company push to lift productivity.
Rising commodity prices have guided Rio Tinto to a full-year profit of $US4.6 billion ($6.02 billion) in 2016, a massive turnaround from the previous year.
Mining exports in the country skyrocketed in December on the back of a surge in coal and iron ore shipments.
The CFMEU has slammed a proposed decision by the Fair Work Commission to cap coal mine workers’ redundancy payments after a maximum of 15 years.