Australian fossil fuel companies will lose billions of dollars through divestment and litigation for climate damages over the coming decade, according to environmental author and founder of 350.org Bill McKibben .
While some companies in the extractive industries have developed policies for sustainable development, what many companies fail to incorporate is embedding sound approaches to social risk in all its operations.
Liberal-National Coalition MP Karen Andrews has stated that the Northern Australia Infrastructure Facility (NAIF) will not be providing federal funding for Adani’s Galilee Basin rail line port link out of the Carmichael coal mine in Queensland.
Stanmore Coal is on track to launch production at the Isaac Plains East (IPE) project in Queensland in first quarter 2019.
Ian Macfarlane, chief executive of the Queensland Resources Council (QRC), has called on the Queensland state government to support the resources industry via an election policy agenda.
Muthuraj Guruswamy, Australia general manager of corporate affairs and business development at Indian conglomerate Adani, yesterday provided an update on the status of the company’s Carmichael coal project in Queensland at the International Mining and Resources Conference (IMARC) in Melbourne.
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.
The Queensland department of natural resources and mines (DNRM) has granted the final heritage approval for Carbine Resources’ Mount Morgan gold copper project, southwest of Rockhampton.
Tailings dam failures have put environmental risk high on the list for mining companies. Gavin Wilby says there is help for the issues keeping executives up at night.
Lithium Australia wants to bust a myth that a process it is developing for lithium recovery uses toxic reagents.
The NSW Environment Protection Authority (EPA) has issued Broula King joint venture with a fine of $15,000 for failing to undertake monitoring required by the company’s environment protection licence at its Cowra gold mine. EPA Regional Director for South and West, Gary Whytcross, said while the mine may currently be in care and maintenance, the … Continue reading Broula King joint venture gold mine fined for lack of monitoring
A mine rehabilitation reform campaign has recommended the introduction of an independent authority to rehabilitate abandoned mine sites, which could create thousands of jobs in mining precincts that were badly affected by the downturn. According to a leaked Queensland Government report, tax payers will be forced to pay $3.2 billion in coal mine rehabilitation costs … Continue reading Mine rehabilitation could create thousands of jobs
Iceland is drilling into volcanoes to tap the energy created by magma, which could act as an innovative new form of renewable energy. The Iceland Deep Drilling Project (IDDP) is currently drilling five kilometres below Reykjanes in south-western Iceland, along a tectonic fault line. At this depth, magma that moves underground through volcanic activity mixes … Continue reading Iceland finds powerful energy source in volcanoes
In a Q&A with Critical Resource, Tom Butler, CEO and President of the International Council on Mining and Metals (ICMM), discusses lessons from the Samarco tailings spill in Brazil, the need to look closely at buyers’ sustainability commitments during asset sales, and the need to streamline transparency reporting.
The International Council on Mining and Minerals has released new guidance to help miners achieve the UN’s new 17 sustainable development goals.
A panel commissioned to investigate the cause of BHP and Vale’s Samarco mine dam failure have released their findings.
When it comes to conserving the world’s oceans, bigger isn’t necessarily better. Globally, there has been an increasing trend towards placing very large marine reserves in remote regions. While these reserves help to meet some conservation targets, we don’t know if they are achieving their ultimate goal of protecting the diversity of life. In 2002, … Continue reading Oil, gas and marine parks really can coexist in our oceans – here’s how
The sixth of a ten part series examining the trends that will drive the mining industry in 2016.
An Australian longwall development is cutting respirable dust levels and making mining safer.
Mines typically follow a set path from prospecting, to development, to extraction and finally closure as the finite resources are exhausted. But does that really need to be the end of the mine’s productive life?