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Chuwar first Qld coal mine to be fully rehabilitated

The Chuwar coal mine, located just 5 kilometres from Ipswich, has become the first open-cut coal mine in Queensland to be fully rehabilitated and relinquished. The Queensland Government has accepted surrender of New Hope Group’s environmental authority and mining...

Rio ‘disappointed’ in Turquoise Hill decision

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...

BHP’s profit soar in 2022

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...