The Australian coal industry has launched a new coal advertising campaign – Coal: Making the future possible – that highlights the important role coal will play in the world’s future energy mix while reducing emissions.
Australia Mining News
The world’s No.1 iron ore miner produced 349 million tonnes of the steelmaking ingredient in 2016, helped partly by the opening of its massive S11D mine.
Majors and juniors swap roles in $7 billion a year mining exploration sector
Restrictions would remain in place for six months, with some mines and areas possibly excluded.
Down 4.7% on Tuesday to five-month low as ultra-cheap Mongolian coal gets trucked into market.
The meeting is not a return to mediation but an attempt to agree to return to the negotiating table, the union said.
The Anglo American's unit logged earnings of $607 million for 2016, basically double the $304 million it recorded in 2015.
The miner attributed the good results to higher metals prices, increased gold and copper output and productivity improvements.
Prices for the steelmaking commodity have more than doubled in value over the past year following near-decade lows of $38 a tonne in December 2015.
The Australian government has opened the door to using a $5 billion fund designed to attract investment in northern Australia, to develop clean-coal projects.
Coal has washed up very close to the UNESCO World Heritage Site, Australian authorities said, following an investigation into complaints of black dust on nearby beaches.
Porgera Joint Venture (PJV) and RCT has had a long history of evolving site remote loader capabilities at the Porgera Gold mine in Papua New Guinea over the years. The site’s innovation journey began with RCT’s ControlMaster® Line-of-Sight and has evolved quickly from there.
Expansion has the potential to increase production to 140,000 barrels of oil per day from the about 80,000 barrels it currently generates.
Minjar Gold is still waiting for Chinese regulatory clearance and hasn’t been able to secure funding for the $1.3 billion deal.
Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.
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BHP Billiton says more help is needed from both governments and industry to promote the adoption of carbon capture and storage (CCS) technology.
The Madhya Pradesh government will take ownership of the assets, including all the land, plant, equipment, and diamond samples recovered during exploration.
The company's request for government mediation effectively extends talks and pushes back the start of a potential strike to Feb. 13.
Higher commodity exports delivered a record trade surplus of $3.5 billion in December, the second monthly trade surplus Australia has recorded in nearly three years.
Private equity firm Orion selling $1 billion worth of royalty, streaming and offtake assets covering gold, silver, base metals and diamonds.
While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common question — “Going forward, where should we play and how can we win?"
Strike could begin as early as Friday, but will likely be postponed for a five-day government mediation to attempt a resolution.
The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.
Newcrest's gold production dropped to 614,715 ounces in the quarter ended in December, from 615,498 ounces in the three months immediately prior and 620,691 ounces a year ago.