A foreign-owned mining company will completely stop production because it is losing too much money. First Quantum Minerals recently confirmed it would shut down its struggling Ravensthorpe nickel...
Tag - SHUTDOWN
Severe weather will suspend a North Australian resources operation for almost a year. Tropical Cyclone Megan’s 200km/h winds and 681mm of rainfall is likely to delay production at Groote...
A struggling mineral processor collapsed after losing more than $23.5 million. Elmore recently appointed KPMG restructuring director Clint Joseph as well as turnaround partners Matthew Woods and...
A struggling mining company is unlikely to be penalised after large volumes of product became scattered across a nearby town. Authorities recently revealed they would not fine Wollongong Resources...
One of the world’s largest resources companies estimates that as many as one in two mineral operations are unprofitable. BHP recently revealed a major drop in commodity prices will...
Management has been accused of leaving mine employees in limbo. Wollongong Resources recently axed up to 200 people, allegedly without guaranteeing they will be reskilled and redeployed...
A major mineral producer decided to suspend some work due to challenging conditions. BHP recently confirmed it would suspend activities at its Kambalda concentrator due to a “very tough”...
A resources multinational decided it was better off stopping work altogether. Alcoa recently confirmed it would gradually wind down production at the Kwinana Alumina Refinery, because it was more...
Resources employees affected by an operational shutdown will be eligible for government assistance. The Department of State Development, Infrastructure, Local Government and Planning recently...
Rio Tinto’s two Gladstone alumina refineries have pushed ahead with $75 million of planned maintenance shutdown work this year, overcoming COVID-19-restriction challenges by using largely locally...