New South Wales

Sedgman’s latest progress claim for Heron Resources has been met with another rejection due to a violation of a guaranteed maximum price (GMP) framework, according to the base metals developer. 

Newcrest Mining will acquire 70 per cent of the Red Chris copper-gold mine for $US806.5 million ($1.14 billion) in a deal with Canadian company Imperial Metals.

Sedgman is persisting in its claim for additional costs related to works at the Woodlawn project despite rejection from the contract superintendent.

Western Australia is the only Australian state or territory to feature in the top 10 of the Fraser Institute’s annual survey of mining companies for the second straight year.

Mining equipment specialist Emeco Holdings will spend around $90 million on new assets to contribute to earnings and cash generation in the 2020 financial year.

Evolution Mining’s expansion of the Cowal gold operations in New South Wales has moved forward with the award of an underground development contract to Pybar.

A claim from contractor Sedgman for $49.9 million in additional costs from contractor Heron has been rejected by the contract superintendent.

Mine Site Technologies (MST) Global is pioneering communication by making it possible through deep rocks.

CIMIC Group has cited its mining contracts as a key factor in the company’s growth throughout 2018.

In aligning the Mt Owen coal mine with NSW Minerals Council ‘Reshape’ vision, one team member shed 59 kilograms in one year.

Glencore Australia has overcome inclement weather and industrial action in the 2017 financial year to post a 7 per cent increase in annual coal production to 129.4 million tonnes for 2018.

Heron Resources has received a claim from CIMIC Group subsidiary Sedgman for $49.9 million in additional costs for works at the Woodlawn zinc-copper project in New South Wales.

Wyong Coal’s long-gestating Wallarah 2 coal project in New South Wales may have secured a federal government approval, but the project could still be nixed if Labor wins the next state election.

Northparkes Mines has announced the final approval of a new block cave mine for its successful copper operation in the Parkes region of Central West New South Wales.

Evolution Mining has overcome a series of “unanticipated events” at its gold mines to keep production on track to reach guidance this financial year.

Diversified Minerals has awarded the engineering, procurement and construction (EPC) contract for the Dargues gold project in New South Wales to DRA Global.

China Molybdenum Company (CMOC) and Sumitomo have approved the development of a new block cave mine to expand the Northparkes Mines copper-gold operation in New South Wales.

Mach Energy has entered 2019 as Australia’s newest coal producer after reaching production at the Mount Pleasant project in the Hunter Valley, New South Wales in late December.

Mineral exploration is trending up, with a 3.6 per cent quarterly growth to $561.4 million in the September quarter according to the Australian Bureau of Statistics (ABS).

Anglo American is formally moving to a 30-day payment policy for small- and medium-sized businesses in Australia.