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.
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Yancoal seeks to raise $US2.5bn to fund Coal & Allied acquisition
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.
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Glencore secures part of Coal & Allied from Yancoal with never-say-die attitude
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.
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Prospect Awards winner profile: Glencore
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.
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Yancoal outpoints Glencore in Coal & Allied takeover battle
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.
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Glencore improves offer for Rio coal assets
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.
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Yancoal trumps Glencore as preferred buyer of Rio’s Hunter Valley coal assets
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.
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Workers dispute continues at Glencore coal mine in Queensland
An industrial dispute over workplace agreements at Glencore’s Oaky North coal mine near Rockhampton in Queensland has now spanned six weeks.
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Glencore executes copper off-take agreement with Red River
Red River Resources has secured an off-take agreement with Glencore for copper production from the Thalanga zinc project in Queensland.
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Rio Tinto to consider Glencore bid for NSW coal assets
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.
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Carbine Resources’ Mount Morgan project gets final heritage approval
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.
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Glencore adds Queensland coal mines to Mitchell Services drilling contract
Glencore has awarded Mitchell Services with a three-year contract to provide drill services across its Queensland coal operations.
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Glencore to sell Tahmoor mine after shelving plans to close operation
Hundreds of coal mining jobs may be saved after Glencore today put its Tahmoor underground mine in New South Wales up for sale.
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Coates to depart as Santos chairman
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.
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Glencore welcomes legislative amendments over mine dispute
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.
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BHP Billiton coal alliance offers hundreds of jobs in Queensland
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.
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Queensland Government invests in the future of Mount Isa Mines smelter
The Queensland Government has made a $15 million offer of support for rebricking of Glencore’s Mount Isa Mines copper smelter.
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Genesee & Wyoming Australia finalise GRail acquisition
Genesee & Wyoming Australia (GWA) has completed its $1.14 billion acquisition of Glencore Rail (GRail) in the New South Wales Hunter Valley.
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Australia leads growth in global mining deals: EY
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.
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RungePincockMinarco to provide software for major zinc miner
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.
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