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42 coal mines auctioned till date for commercial mining

The government recently announced that a total of 42 coal blocks have been auctioned till date for commercial mining. Of the said blocks, 10 coal mines were auctioned recently under the third tranche, the coal ministry said in a statement. “Under the commercial...

Records all round for Glencore in 2021

2021 was a terrific year for the company, Glencore CEO Gary Nagle said when he reported record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $21.3-billion, a record marketing performance Ebit of $3.7-bilion, and a...

Critical minerals jobs creeping up on coal

The Queensland Government’s Collaborative Exploration Initiative (CEI) has handed 13 companies the opportunity to develop the state’s “next wave of resources jobs” in new economy minerals. The sixth round of the CEI opened in November 2021 and offered a...