by Gordon Barratt | Aug 5, 2022 | News
Soaring coal prices have generated record profits for the company. ( Image of Newlands Coal Complex, courtesy of Glencore) Mining and commodities trader Glencore posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last...
by Gordon Barratt | Aug 5, 2022 | News
Representatives from Thiess and Rex Minerals. Thiess has been named preferred mining services provider for the Hillside Copper-Gold Project on the Yorke Peninsula in South Australia. Rex Minerals entered into exclusive negotiations with Thiess to finalise the...
by Gordon Barratt | Aug 5, 2022 | News
Yinhawangha dancers, who come from the region around Rio Tinto’s West Angelas, perform as part of the ceremony. Cat dealer WesTrac has conducted a ceremony at the company’s South Guildford facility in WA to hand over a Cat D10T2 dozer to Indigenous contracting...
by Gordon Barratt | Aug 4, 2022 | News
REMA TIP TOP and AL DOBOWI INDUSTRIAL RUBBER SERVICES have formed a joint venture that will leverage more than 180 years of combined experience in industrial services and rubber manufacturing. The new joint venture will operate under the brand name REMA TIP TOP Middle...
by Gordon Barratt | Aug 4, 2022 | News
ASX-listed junior Cobre has completed a A$7-million capital raise to fund exploration work in Botswana. The share placement, which was priced at 15c a share, was undertaken in two tranches with the first tranche, consisting of more than 20.3-million shares, placed...
by Gordon Barratt | Aug 4, 2022 | News
Orica has moved to acquire all of the share capital in the entities that own Axis Mining Technology for $260 million in cash. In addition, a deferred earn-out payment up to a maximum $90m is payable based on Axis’ cumulative EBITDA generated from October 1, 2022,...
