Energy

Employment company SEEK has revealed that the mining, resources and energy sector was the third-strongest contributor to the Australian employment market for the month of May.

Referred to as the ‘fifth utility’, air compressors play a vital role in the mining industry. While compressed air is a valuable resource on any mine site, the costs of running air compressors can be high – accounting for up to 20 per cent of energy costs in an underground mine.

Mergers and acquisitions (M&A) have slowed down in Australia’s first quarter due to a number of market uncertainties according to data acquired by Pitcher Partners and Mergermarket.

Woodside Petroleum chief executive officer Peter Coleman has conceded that the company will find it difficult to reduce emissions.

Considering the lack of carbon policy in Australia, the mining sector’s drive to integrate renewables into its power mix is refreshing proof that going green is now simply smart business.

India’s Adani Group plans to fund the entire Carmichael coal mine and rail project in the Galilee Basin in Queensland itself, Adani Mining chief executive officer Lucas Dow has revealed.

Nickel miner Independence Group (IGO) is set to lower the operating costs at the Nova operation in Western Australia by adding solar power to the site’s energy mix.

Mining companies have, for the first time, got on board with the annual MATES In Construction ‘Fly the Flag Day’ public awareness campaign to help prevent suicide.

Contract Power’s agreement with Mineral Resources at the Wodgina lithium project has been updated, resulting in the addition of 17MW of temporary power and an extra $30 million in value.

Groups, including the Minerals Council of Australia (MCA) and the National Party of Australia, have cited coal-fired power reforms as key to Australia’s issues with rising energy costs in response to a report from the Australian Competition and Consumer Commission (ACCC).

Rio Tinto’s Amrun bauxite project in far north Queensland has achieved a significant energy milestone, following the completion of upgrades to the project’s 20MW power station.

Mining, resources and energy continues to be the jobs category recording the strongest growth in advertisements on recruitment portal, SEEK.

Anglo American has launched a new sustainability strategy that outlines its goals for community development, environment and improving trust and transparency within the mining industry by 2030.

Job opportunities in the Australian mining industry have continued to grow significantly in 2018.

Australia’s mid-tier mining sector will potentially see an increase in mergers and acquisitions (M&A) activity in 2018, according to Mergermarket Intelligence.

Online jobs portal SEEK has crowned mining, resources and energy as its fastest growing industry category for employment advertisements in 2017.

The value of mergers and acquisitions (M&A) in Australia during the first three quarters of 2017 is already close to doubling what was recorded throughout last year.

As the mining industry is often scrutinised for its potential environmental impact, the need for companies to retain their social licence to operate should remain a key priority.

As the mining industry is often scrutinised for its potential environmental impact, the need for companies to retain their social license to operate should remain a key priority.

Rio Tinto improved its financial performance almost across the board during the first half of 2017. However, Rio did not meet the forecasts of analysts.