The project, first of its kind in the world, aims to demonstrate that the so-called “clean coal” technologies are feasible.
It would also create a a 15-kilometre long ‘‘super pit’’ from the union of Rio’s Mount Thorley Warkworth and Glencore’s Bulga open-pit mines.
Analysts say this is “make or break” time for the company behind the massive mine, Sirius Minerals.
Viktor Belyakov has resigned from his position as Chief Financial Officer of one of the world's largest potash producers.
CEO Andrew Mackenzie's pay package is already only half that of his predecessor.
Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.
New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.
"All that's required is to hand the world’s best mining assets to the world’s best management."
Coffin believes that in the short term a price of $1,200/oz is possible, though there is room now for an oversold bounce.
Andrey Melnichenko is taking Uralkali and Potashcorp head on by building two $5bn potash mines, but spent the summer cruising from Ketchikan to Seattle.
No going back to clubby system of tightly controlled global supply and set prices that served North American and European producers so well in the past.
A GlenTinto is not as far-fetched as it sounds.
Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.
Around 8:30 p.m. CST Thursday, the last 3 miners who had taken refuge in safety stations at the Allan mine were brought to the surface after 24 hours underground.
Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.
Canada’s Potash Ridge is moving forward with intentions to start large mining operations at the Blawn Mountain sulfate of potash project.
One year after Vladislav Baumgertner blasted the global potash market wide open, the now ex-Uralkali CEO's predictions seem to be playing itself out.
Gold assets among favourites.
Glencore CEO Ivan Glasenberg strikes positive note after announcing jump in profits, output and better trading conditions at Swiss commodities giant.
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
Decision to to lob off Billiton assets could come as early as next week.
Index gained 9% from April to June, outperforming the S&P/TSX Composite index, which gained 6%, and the London Metal Exchange index, which gained 7% in the same period.
CEO says company "well set" to advance project.
Trend of mine production moving to emerging economies will continue.
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