Glencore

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.

The Queensland Government has made a $15 million offer of support for rebricking of Glencore’s Mount Isa Mines copper smelter.

Genesee & Wyoming Australia (GWA) has completed its $1.14 billion acquisition of Glencore Rail (GRail) in the New South Wales Hunter Valley.

The number of mining deals in Australia is rising, according to Ernst & Young’s (EY) third quarter global mining and metals M&A activity report.

Glencore’s majority owned company Kazzinc, one of the world’s largest zinc miners and Kazakhstan’s largest gold miner, has selected RungePincockMinarco (RPM) software to boost productivity.

Glencore has announced plans to restart mining at the Integra underground coal mine in the NSW Hunter Valley for two years, creating up to 275 new jobs.

Glencore has announced the Mount Isa Mines’ Black Star zinc mine has transitioned into care and maintenance after mining out its existing reserve.

Genesee & Wyoming Australia (GWA) has entered an agreement to acquire Glencore Rail (GRail) for $1.14 billion, beating earlier bids from Pacific National and Aurizon.

Evolution Mining has entered an agreement with Newcrest to acquire the Marsden copper-gold project in NSW.

Glencore’s Collinsville mine in northwest Queensland is restarting production aiming to hire up to 200 workers.

The Australian Competition and Consumer Commission is still considering bids from Aurizon and Pacific National over the acquisition of Glencore’s Hunter Valley rail business.