BHP to shutter Australia coal mine, lay off 750 workers
The closure and layoffs mark the second significant set of downsizings by BHP in Australia in almost a year.
Latest Stories
enCore wins EPA backing to advance Dewey Burdock permitting
The EPA decision allows the project to advance through federal permitting with the intent to commence state permitting activities in 2025.
Director of Brazilian mining agency arrested in $300M corruption probe
Authorities say bribes enabled illegal iron ore mining in protected areas.
Lithium Ionic boosts projected returns for Brazil project
Bandeira is now projected to deliver a post-tax net present value of $1.45 billion instead of the $1.31 billion.
Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe plans to issue 57.5 million common shares to the Qatar Investment Authority.
Hong Kong expands gold market and invites China to participate
Hong Kong pledges to increase the city’s capacity for holding bullion to more than 2,000 tons over the next three years.
Syrah Resources gets Tesla reprieve in graphite supply deal
The 2021 Tesla contract, worth 8,000 tonnes annually for a four-year period, underpins Syrah's Louisiana Vidalia facility.
Deutsche Bank lifts gold price forecast to $4,000
The bank raised its forecast from a previously expected $3,700/oz in April.
Ecuador’s President casts doubt on Dundee’s Loma Larga
President Daniel Noboa has tasked Azuay authorities with project approval, as province seeks to revoke Loma Larga's environmental permit.
