Mine machinery attracted higher than expected offers in Central Queensland. Macmahon recently exited a substantial portion of its mobile equipment fleet at Anglo American’s Dawson South Coal...
Tag - acquisitions
A major mineral producer could start selling part of two Central Queensland operations. Whitehaven Coal recently revealed it would consider divesting significant stakes in its newly acquired...
Two underground mines are under new management in Queensland’s Isaac region. Stanmore Resources recently confirmed it would purchase the remaining half stake in the Eagle Downs Coal Mine and...
A mining multinational and major mineral producer recently finished transferring ownership of two Central Queensland operations. BHP recently confirmed it had finished selling its Blackwater (226km...
An underground hard rock mining business that likes to employ unqualified jobseekers will be under new management. Metarock Group recently sold its Pybar entity to Thiess Australia for about $65...
A resources multinational stood down a large number of people at its recently acquired mine. BHP confirmed it has asked about 25 per cent of workers to stop performing duties and go on unpaid leave...
Two major mines could be under new management within just months. The next coal operations to be exited are widely speculated to be EMR Capital’s Kestrel mine (51km northeast of Emerald) and...
A mineral multinational agreed to sell one of its mining operations. South 32 recently approved a binding agreement to sell Illawarra Metallurgical Coal for US$1.65 billion (A$2.53B) to part of M...
A global mining company revealed it could profit substantially from exiting multiple operations. Newmont Corporation recently confirmed it will sell off its Telfer, Musselwhite, Éléonore, Akyem...
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...
