by Gordon Barratt | Jul 30, 2020 | News
The Winu project. Image: Rio Tinto. Rio Tinto has stood on the strength of its iron ore portfolio and declared a substantial dividend despite the impact of COVID-19. The company is paying a dividend of $US1.55 per share despite its underlying earnings before interest,...
by Gordon Barratt | Jul 29, 2020 | News
CIMIC Group has flagged that it is selling a portion of Thiess’ ownership stake to London-based funds management company Elliott Advisors.CIMIC is in an advanced stage of negotiation with Elliott to transfer 50 per cent of Thiess’ equity to the Elliott Management...
by Gordon Barratt | Jul 29, 2020 | News
Hargreaves Services Major North East employer Hargreaves Services saw revenues fall by more than a quarter as it was hit by project delays, in a year in which it moved away from its coal mining traditions. The Durham based business, launched as a coal haulage company...
by Gordon Barratt | Jul 29, 2020 | News
Ulaanbaatar /MONTSAME/ Minister of Energy N.Tavinbekh checked on site the winter preparations of Baganuur and Shivee-Ovoo JSCs. Baganuur coal mine that alone satisfies 60 percent of domestic coal demand and 70 percent of domestic thermal coal demand is in its...
by Gordon Barratt | Jul 29, 2020 | News
The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has said the Presidential Artisanal and Gold Mining Initiative (PAGMI) could fetch Nigeria $675 million yearly (about N261.9 billion) as 400 trading centres have already been registered for licit...
by Gordon Barratt | Jul 28, 2020 | News
Minova International and Runaya Metsource building manufacturing plant in India to provide ground support products to both local and global markets. Mumbai/Bhilwara (India), 24th July 2020: Australian ground support services company Minova International and...
