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Category - PROCUREMENT NEWS

Jakob Stausholm

Mineral multinational approves $26B mega project

A resources giant gave its blessing for a Pilbara ‘killer’ mine. Rio Tinto’s board of directors recently gave the green light for the $26 billion Simandou mine, 526km southeast of...

Western Ridge project

New $1B mining project approved

A mineral producer is proceeding with a major resources development worth US$943 million ($1.4 billion). BHP’s board of directors recently gave the nod for its new Western Ridge Crusher...

Wiluna mine

$73M mining revival announced

A struggling resources operation could reopen if everything goes to plan. Administrators recently revealed $73 million would be sufficient to restart Wiluna mine, 530km north of Kalgoorlie. Wiluna...

South32 Cannington Mine

Central Qld coal mine sells for up to $200M

A fossil fuel operation will be under new ownership in Queensland’s Isaac region. Stanmore Resources recently agreed to purchase South32’s Eagle Downs Coal Mine in Winchester, 208km...

Avebury mine

Mine collapses after failing to find new owner

Dwindling commodity prices forced a struggling resources operation into receivership. A near 42 per cent drop in nickel spot prices prompted Mallee Resources to transition its Avebury mine into care...

Maxwell Coal Mine

$509M coal project fast tracked

An underground coal operation will be accelerated. New Hope Corporation (NHC) recently purchased up to $105 million of institutional placement equity in Malabar Resources. The amount comprises of a...

Winchester South coal mine

New $1B Bowen Basin coal mine approved

A mining project one step closer to construction in Central Queensland’s Isaac region. The State Department of Environment, Science and Innovation recently granted an environmental authority...

Gainwall highwall mining unit

New Bowen Basin coal project approved

A proposed coal development is one step closer to construction in Queensland’s Isaac region. The State Department of Environment and Science recently approved Vitrinite’s Vulcan South...

MinRes FIFO workers

Resources company improves FIFO conditions

A major mineral producer approved more a favourable employment environment for remote workers. Fly-in fly-out (FIFO) employees will enjoy better conditions while travelling between multiple mine...

Boggabri coal mine

New coal expansion project receives further approvals

Authorities endorsed additional changes to a major mining extension. The New South Wales Department of Planning and Environment recently recommended further amendments to Idemitsu Australia’s...