by Gordon Barratt | Jan 5, 2021 | News
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...
by Gordon Barratt | Jan 5, 2021 | News
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,...
by Gordon Barratt | Jan 5, 2021 | News
Botswana’s government has renewed Lucara Diamond’s licence for its Karowe mine for another 25 years, the company said today. In a statement, Lucara chief executive officer Eira Thomas said the renewal, effective from Monday, would secure the diamond producer’s mining...
by Gordon Barratt | Jan 5, 2021 | News
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...
by Gordon Barratt | Jan 5, 2021 | News
Listed property development and investment business Harworth Group has sold the first plot of development land at a former North Yorkshire colliery. The plot at the former Kellingley Colliery has been bought by CRT Property Developments Ltd, a subsidiary of The...
by Gordon Barratt | Jan 4, 2021 | News
Shandong Gold Mining has ended an almost year-long battle for the ownership of Cardinal Resources after winning a 50 per cent interest in the West African focussed company. Shandong beat out fellow would-be purchasers Nordgold, Engineers & Planners Company and...
