by Gordon Barratt | Dec 7, 2022 | News
Oil and gas major Santos on Wednesday announced a simplified capital management framework which would see a minimum of at least 40% of yearly free cash flow returned to shareholders. The company said in a statement that the revised capital framework seeks to maintain...
by Gordon Barratt | Dec 7, 2022 | News
Gina Rinehart’s Hancock Prospecting recently made a $60 million play for Arafura’s Rare Earths’ Nolans project. What’s driving this move? Rinehart has set her sights on rare earths in a big way. Hancock Prospecting has pledged half of Arafura’s target price...
by Gordon Barratt | Dec 7, 2022 | News
The Australian Bureau of Statistics (ABS) has revealed a $1.08 billion spending spree on mineral exploration during the September 2022 quarter. The record number scrapes past the previous high of $1.06 billion set during the June 2012 quarter. Association of...
by Gordon Barratt | Dec 7, 2022 | News
Beware of fake Cummins parts. That’s the message being delivered loud and clear as the illegal trade in cheap bogus parts thrives, with criminal groups exploring new avenues to expand their enterprises. Cummins encounters and fights against counterfeiting every day....
by Gordon Barratt | Dec 6, 2022 | News
Bolt together bucket Offering the same strength and durability as standard buckets, Cat® bolt-together buckets for Cat load haul dump (LHD) loaders reduce time and costs associated with transportation, assembly, and rework procedures for underground mining. The new...
by Gordon Barratt | Dec 6, 2022 | News
Germany is considering providing aid for a €10-billion hydrogen project in Namibia, according to people familiar with the matter. The country’s State-backed development bank KfW is currently in talks with the Namibian government and the German-South African consortium...
