Australian junior Hammer Metals has formed a joint venture (JV) with Glencore after acquiring AuKing’s interest in properties at Mount Isa in Queensland.
Queensland coal mines operated by Glencore and Anglo American will not be closed despite failing to comply with dust monitoring laws.
The 2017 Australian Mining Prospect Awards are around the corner, a night to celebrate the best of the best in Australia’s mining industry.
The Takeovers Panel has received applications requesting it intervene in Yancoal Australia’s funding proposal to acquire the Coal & Allied division from Rio Tinto.
Glencore has secured the first mining leases for its $7 billion Wandoan coal project in Queensland’s Surat Basin, after applying for the leases 10 years ago.
Yancoal Australia has unveiled plans for a $US2.5 billion ($3.14 billion) equity raising it will use to fund the acquisition of Rio Tinto’s Coal & Allied in the Hunter Valley.
With Yancoal set to acquire Rio Tinto’s Coal & Allied division, Glencore has secured an agreement with the Chinese-controlled company to take a 49 per cent interest in the Hunter Valley Operations (HVO) coal mine and form a joint venture at the site following the deal.
Australian Mining speaks to Glencore’s Neil Hassett, who was Mine Manager of the Year at the Prospect Awards in 2016, about his roles in the mining industry and how important coal mining is for local communities.
Rio Tinto has again backed Yancoal as the buyer of its Hunter Valley thermal coal assets despite Glencore’s efforts to outbid the Chinese company.
Glencore continues to pursue an acquisition of Rio Tinto’s coal mines, raising its previous offer for the Hunter Valley assets as it attempts to outbid China’s Yancoal.
Rio Tinto has named China’s Yancoal as the preferred buyer of its Hunter Valley coal division, Coal & Allied Industries, ahead of Glencore, which made a superior bid earlier this month.
An industrial dispute over workplace agreements at Glencore’s Oaky North coal mine near Rockhampton in Queensland has now spanned six weeks.
Red River Resources has secured an off-take agreement with Glencore for copper production from the Thalanga zinc project in Queensland.
The Australian mining marketplace is watching for Rio Tinto’s response to Glencore’s attempt to trump Yancoal Australia’s $US2.45 billion ($3.23 billion) offer for its coal operations in New South Wales.
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.
Glencore has awarded Mitchell Services with a three-year contract to provide drill services across its Queensland coal operations.
Hundreds of coal mining jobs may be saved after Glencore today put its Tahmoor underground mine in New South Wales up for sale.
Santos chairman Peter Coates has announced his intention to step down from his role at the Australian oil and gas company in the coming months.
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.
More jobs are returning to Australia’s coal industry. Queensland’s coal sector in the Bowen Basin is the beneficiary on this occasion, with the BHP Billiton Mitsubishi Alliance (BMA) offering hundreds of jobs in the region for the Peak Downs and Saraji mines.