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Ablemarle mine

Mining giant axes almost 300 workers to save $75M

A resources multinational will retrench hundreds of employees in a major cost-cutting push. About 294 workers are widely expected to be made redundant across most of Albemarle’s operations. A...

Dartbrook Coal Mine

$300M coal mine secures final funding for reopening

A fossil fuel revival received the last funds needed to resume production. Australian Pacific Coal (AQC) recently finalised a new three-year US$60 million (A$90M) debt facility with Vitol Asia. This...

Sandvik underground truck

Employers approve rolling out 200 vehicles

A mining multinational and equipment supplier will deploy hundreds of machines. Sandvik Mining and Rock Solutions and Barrick Gold Corporation recently agreed to globally roll out more than 200...

Finniss mine workers

Commodity price crash indefinitely suspends mine

An environmentally friendly resources company will postpone production for the unforeseeable future. Core Lithium recently suspended its Finniss mine after the value of lithium ore plunged 80 per...

Boggabri coal mine

New coal expansion project approved

Authorities have given the nod for a major mining extension to proceed. The New South Wales Department of Planning and Environment recently recommended Idemitsu Australia’s Boggabri Coal Mine...

Simandou mine site

$26B mega project partners reach agreement

Multinational employers revealed how they plan to construct a Pilbara ‘killer’ mine. Rio Tinto and four other proponents recently reached a mutual agreement on their $26 billion Simandou...

EACON driverless truck

$83M funding secured for driverless truck expansion

An employer raised money to roll out more autonomous heavy vehicles. EACON Mining Technology recently attracted US$55.22 million (A$83.4M) of capital to deploy additional driverless trucks. Richen...

CS Energy

$245M coal mining contract extended

A resources services company received more time at a fossil fuel operation. Part of NRW Holdings recently secured an extension for its existing contract mining agreement at CS Energy’s Aberdare...