by Gordon Barratt | Dec 8, 2022 | News
The Western Australian government has signed a memorandum of understanding (MoU) with the Japan Organization for Metals and Energy Security (Jogmec), expanding cooperation to include new and renewable energies. New and renewable energies covered by the MoU include...
by Gordon Barratt | Dec 7, 2022 | News
Global commodities trader Glencore asked a Moscow court on Tuesday to stop hearings relating to a €117-million lawsuit by Russia’s largest lender, Sberbank, over unpaid oil supplies and move the deliberation to Singapore. According to the database of Moscow...
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....
