by Gordon Barratt | Mar 24, 2020 | News
The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite has reiterated the federal government’s desire to make the mining sector the mainstay of the country’s economy. Speaking at the ground breaking ceremony for the commencement of Thor Exploration’s...
by Gordon Barratt | Mar 24, 2020 | News
Mongolia has resumed coal exports to China, the country’s Finance Minister Chimed Khurelbaatar said here on Monday. The resumption started on Monday via Gashuun Sukhait border port after the Mongolian government lifted a ban that was imposed in February to curb...
by Gordon Barratt | Mar 24, 2020 | News
Australian coal producer New Hope Corp said that attributable profit after tax fell 46% in the first half as it flagged slimmer second-half profits on the back of weaker coal prices and lower production. New Hope posted attributable profit after tax of $69.8 million...
by Gordon Barratt | Mar 23, 2020 | News
The federal government of Australia has announced a new $66 billion stimulus package, increasing the “safety net” for businesses affected by the coronavirus pandemic. With non-essential business set to close, mining companies are currently allowed to continue...
by Gordon Barratt | Mar 23, 2020 | News
Lynas Corporation has halted operations at its Malaysian plant following an escalation of coronavirus cases in the country. The Malaysian Government announced that it was implementing tighter movement controls to contain the spread of the virus until at least March...
