by Gordon Barratt | Jun 29, 2020 | News
Rio Tinto has reached an agreement with its Oyu Tolgoi partners that will see the Government of Mongolia fund and construct a state-owned power plant for the copper-gold project. This is a revision of the original power source framework agreement (PSFA) signed in...
by Gordon Barratt | Jun 29, 2020 | News
The Ormonde Group reported a loss after tax of €11.3 million compared with a loss of €1.65 million for 2018. Losses at Irish-listed mineral resource company Ormonde Mining swelled almost seven fold last year as it forced to dispose of its interest in a tungsten mine...
by Gordon Barratt | Jun 29, 2020 | News
Leaked documents show a long history of dangerous methane gas levels at Queensland’s Grosvenor mine. A Queensland coal mine recorded dangerous methane levels at least 98 times in the four years before a blast severely injured five workers. Internal state...
by Gordon Barratt | Jun 26, 2020 | News
The World Platinum Investment Council (WPIC) says that, although platinum as an investment product in China is still a relative newcomer, it remains one with enormous potential. WPIC regional head for Asia Pacific Weibin Deng says China is the second-largest market...
by Gordon Barratt | Jun 26, 2020 | News
Piles of iron ore at Cape Lambert, Pilbara. Source: Rio Tinto Iron ore prices have continued their upward trajectory, reaching more than $US103 ($150) per tonne and remaining above $US100 nearly every day since Vale flagged mine disruption risks. Vale suspended its...
by Gordon Barratt | Jun 26, 2020 | News
The Queensland resources sector has remained strong during the COVID-19 pandemic, experiencing just a 1 per cent drop in jobs during the March quarter, according to the Australian Bureau of Statistics (ABS). The ABS labour force data shows that direct jobs in mining...
