by Gordon Barratt | Oct 9, 2020 | News
Looking over the Mt Owen site. Image: Thiess. CIMIC Group is in the final stage of negotiations with a new investor in Thiess as it looks to offload a 50 per cent stake in the mining services company. CIMIC group executive chairman Marcelino Fernández Verdes stated...
by Gordon Barratt | Oct 9, 2020 | News
Newcrest Mining’s Cadia mine. The board of Newcrest Mining has approved stage two of the Cadia expansion project in New South Wales, which is expected to increase plant capacity and reduce production costs. The Cadia gold mine is one of Australia’s largest gold...
by Gordon Barratt | Oct 9, 2020 | News
Mining magnate Gina Rinehart, Australia’s richest person who has given millions to promote climate change doubt, at a horserace in Melbourne. She owns Riversdale Resources, with big plans for mountaintop removal mining in Alberta. Photo by Julian Smith/EPA. Two...
by Gordon Barratt | Oct 9, 2020 | News
Half of Spain’s remaining coal-fired power stations closed this summer, and more will follow in the next few months. The closures began after the European Union introduced new rules in 2016 that banned state aid to polluters in the energy sector. At least 1,100 jobs...
by Gordon Barratt | Oct 9, 2020 | News
Coal, the commodity that no-one wants to talk about, is staging a comeback as investment banks warm to the profits from improving prices and a new mine in Australia, being built to meet Indian demand, is nearing completion. The $2 billion Carmichael mine has been the...
by Gordon Barratt | Oct 8, 2020 | News
BHP chief executive Mike Henry. Image: BHP BHP chief executive Mike Henry has confirmed in a shareholder Q&A session this week that the company isn’t currently planning to introduce fully autonomous trains. Henry said it did not pass BHP’s capital allocation...
