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Tag - SHUTDOWN

Ravensthorpe mine workers

Employer shuts down after ‘significant’ losses

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...

South32 mine

Disaster shuts down mine until 2025

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...

Peko mine

Four years of losses shut down mine

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...

Russell Vale coal landslide

Authority ‘satisfied’ with coal landslide response

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...

Lady Loretta mine

Qld mine workers receive $50M after proponent exits

Resources employees affected by an operational shutdown will be eligible for government assistance. The Department of State Development, Infrastructure, Local Government and Planning recently...

Gladstone maintenance programs

Gladstone refineries in $75m maintenance programs

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...