by Gordon Barratt | Aug 16, 2022 | News
Metso Outotec has been awarded an order for a large belt conveyor package for delivery to a mining customer in the Americas. The value of the order is approximately EUR 60 million, of which a third was booked in Minerals’ second-quarter orders received and the rest in...
by Gordon Barratt | Aug 16, 2022 | News
Major Rio Tinto said it was ‘disappointed’ by the decision of takeover target Turquoise Hill’s Special Committee to reject its C$34 a share cash bid. The Special Committee this week said that Rio’s bid for the company did not ‘fully and fairly’ reflect the value of...
by Gordon Barratt | Aug 16, 2022 | News
BHP CEO Mike Henry Diversified miner BHP has reported a 34% increase in profits for the year ended June, along with record underlying earnings before interest, tax, depreciation and amortisation (Ebitda). Profit from operations reached $34.1-billion in the year ended...
by Gordon Barratt | Aug 16, 2022 | News
Early works at Onslow port. Mineral Resources (MinRes)’ transformational Onslow Iron project (formerly known as the Ashburton project) in Western Australia has commenced early works to support first ore on ship around December 2023. Onslow Iron will unlock stranded...
by Gordon Barratt | Aug 15, 2022 | News
A definitive feasibility study (DFS) into the Ross and Kendrick production areas, at the Lance uranium project, in Wyoming, has proven positive for ASX-listed Peninsula Energy. The DFS estimated that the two production areas could produce a combined two-million pounds...
by Gordon Barratt | Aug 15, 2022 | News
The mine shaft tower at the disused Haig Pit on the proposed site of a new coal mine, in Whitehaven, UK. In the far northwest corner of England, coal mining was so finished that the local museum paying tribute to the industry shut a few years ago after...