A rare bird could threaten the development of the $16.5-billion Carmichael coal project, in Queensland, project owner Adani has revealed.
The board of ASX-listed Universal Coal has urged shareholders to sit tight as the company awaits a possible takeover offer from a consortium of investors, headed by South Africa’s Ata Resources.
The director of gold miner Doray Minerals has urged shareholders to vote in favour of a merger with fellow-listed Silver Lake Resources, after an independent review found the offer to be both fair and reasonable.
Diversified miner Exxaro Resources on Monday confirmed that NYSE-listed mining and inorganic chemicals company Tronox has completed the first stage of its redomiciliation, whereby it has acquired Exxaro’s remaining ownership interest in Tronox Sands for just over R2.06-billion, or about $148-million.
Diversified miner African Rainbow Minerals (ARM) expects its headline earnings a share for the six months ended December 31, to increase by between 8% and 15% to between R11 and R11.80, compared with the R10.23 reported for the first half of the prior financial year.
JSE-listed Wescoal on Friday announced it was exiting the Khanyisa Triangle joint venture (JV) with Uju Resources, Mwelase Mining and Aztolinx, allowing Wescoal to exploit the coal resource exclusively.
In 2016, Wescoal and Uju agreed to jointly exploit the mining area known as the Khanyisa Triangle.
Mineral Resources Minister Gwede Mantashe is expected to pay a visit to the Gloria coal mine near Middelburg, Mpumalanga, where 22 alleged copper thieves have been trapped and are believed dead following an explosion at the beginning of February.
The Northern Territory has passed the Nuclear Waste Transport Storage and Disposal (Prohibition) Amendment Bill, providing the offshore oil and gas industry with a blueprint of their obligations around the management of nuclear waste.
Coal miner Whitehaven Coal has reported a record net profit after tax for the first half of 2019, on the back of an 11% increase in sales revenue.
Net profit after tax for the six months to December reached A$305.8-million, up 19% on the previous corresponding period, after revenues increased to A$1.27-billion, up from the A$1.14-billion in the previous corresponding period.
The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African manganese operations, and also commented on the steps that his group's aluminium smelters have taken t