by Gordon Barratt | Apr 29, 2020 | News
Copper major Freeport-McMoRan has reported a quarterly loss, as production fell in South America and Indonesia. The copper producer has also announced an $800m reduction in 2020 estimated capital expenditure (capex). Freeport-McMoRan reported a net loss of $491m, or...
by Gordon Barratt | Apr 29, 2020 | News
Technavio has been monitoring the metallurgical coal market and it is poised to grow by USD 20.32 billion during 2019-2023, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario,...
by Gordon Barratt | Apr 28, 2020 | News
BHP shipping operations at Port Hedland. Image: BHP BHP is exploring options with stakeholders to increase its licensed iron ore export capacity from Port Hedland to beyond 290 million tonnes a year. The mining giant is focussed on reaching 290 million tonnes per...
by Gordon Barratt | Apr 28, 2020 | News
Thunderbox open pit mine. Image: Saracen Minerals Saracen Mineral Holdings has capped off the March 2020 quarter with record quarterly gold production of 158,132 ounces at an all-in sustaining cost of $1133 per ounce. This was guided by a record quarter at the...
by Gordon Barratt | Apr 28, 2020 | News
Australia’s CSIRO has developed ExScan, a laser scanner that can construct images of underground mines and is tailored to minimise the risk of deadly explosions. JP Casey considers the institution’s history of improving safety compliance, and how the new technology...
by Gordon Barratt | Apr 28, 2020 | News
In Germany, the coronavirus health crisis is keeping politics on tenterhooks as many legislative proposals are being postponed. Will the country’s coal phase-out carry on as planned? EURACTIV Germany reports. The coal phase-out in Germany should officially begin this...
