Resolute Mining expects no changes to employment at the Ravenswood gold mine in Queensland after agreeing to sell the operation to EMR Capital.
Resolute Mining is in advanced negotiations with EMR Capital Management over the potential sale of the Ravenswood gold mine in Queensland.
Despite having won the Liebherr Lifetime Achievement Award, EMR Capital chairman Owen Hegarty is not done multiplying the benefits of Australia’s mining industry.
The winners of the 2019 Australian Mining Prospect Awards have been announced at Moda Events in Brisbane.
Deloitte’s latest mining trends share similar themes to the industry’s historic challenges that then become more complicated under the surface.
Rio Tinto has completed the sale of its remaining Australian coal-mining operations in Queensland for $3.95 billion.
BHP is to sell its Cerro Colorado copper mine in Chile to Melbourne-based equity firm EMR Capital for $US230 million ($311.4 million) in cash, $US40 million ($US54.2 million) in proceeds and around $US50 million ($67.7 million) in contingent payments down the line, depending on copper performance.
Rio Tinto has agreed to sell its 80 per cent interest in the Kestrel underground coal mine in Queensland to a consortium comprising EMR Capital and Indonesia’s PT Adaro Energy for $US2.25 billion.
The refurbished Capricorn copper mine in north-west Queensland has reached production with prices for the base metal improving.
Owen Hegarty’s career in mining has taken him to all corners of the globe, but this year he has found himself back on familiar ground.
MMG is on track to be producing at the Dugald River zinc operation in Queensland ahead of schedule as it aims to capitalise on a tightening market for the mineral.
Australian private equity firm EMR Capital plans to acquire Vale and African Rainbow Minerals’ (ARM) stake in the Lubambe copper mine in Zambia.
Mining private equity manager EMR Capital has completed its acquisition of MMG’s Golden Grove mine in Western Australia.