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CIMIC finalises Thiess sale

Image: Thiess CIMIC Group has closed 2020 by completing the sale of a 50 per cent interest in Thiess to Elliott Advisors, with chairman Juan Santamaria saying the deal does not downplay the mining services company’s importance to the business. “Our retention of the...

Iron ore prices to ease

Iron ore prices have climbed to more than $US165 ($215) in the new year but analysts are anticipating that the highs will not extend throughout 2021. Trading Economics recorded a price of $US161.80 on New Year’s Day before spiking to $US167.04 on January 2. However,...

Maxwell Underground Coal Mine

The Maxwell underground coal mine development in New South Wales, Australia is being undertaken by Maxwell Ventures, a wholly owned subsidiary of Malabar Coal. The historical coal production within exploration licence EL 5460 that hosts the mine commenced in the late...