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...
by Gordon Barratt | Jun 26, 2020 | News
Looming legislative changes aimed at boosting protection for Aboriginal heritage sites in Western Australia are unlikely to prevent their destruction or stymie expansion by mining companies that are under intense pressure over their preservation practices. Rio Tinto...
