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BHP to invest A$350m in Olympic Dam

July 24, 2017 • Mining & ResourcesComments (0)

Mining giant BHP Billiton has announced that it plans to modernise its Olympic Dam operations in South Australia. In a statement issued last week, the company said it will invest A$350 million in the operations where BHP produces copper, uranium and gold. Olympic Dam is a centrepiece of BHP Billiton’s stable of global operations. The …

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IMARC 2017 to open in October

July 14, 2017 • Events, Mining & ResourcesComments (0)

The Victorian State Government has set the date for Australia’s leading mining business event which will be held at the Melbourne Convention and Exhibition Centre from 30 October to 2 November. In announcing the 2017 International Mining and Resources

Thiess wins $650m Solomon extension

July 5, 2017 • Mining & ResourcesComments (0)

CIMIC Group’s global mining services provider, Thiess, has earned a contract extension to continue to provide mining services at Fortescue Metals Group’s Solomon Iron Ore Project until 2020. CIMIC CEO Adolfo Valderas said the deal, valued at approximately

BHP Billiton approves initial funding for the South Flank project in WA

June 30, 2017 • Mining & ResourcesComments (0)

BHP Billiton has approved an initial funding of A$244 million for the South Flank project which is expected to be submitted for Board approval in the middle of the 2018. Located in the central Pilbara in WA, the South Flank project is BHP’s preferred option

Yancoal set to win bidding war for Rio Tinto’s thermal coal assets in Australia

June 29, 2017 • Mining & ResourcesComments (0)

The Board of Rio Tinto has once again recommended its shareholders to vote in favour of the sale of its Coal & Allied Industries (“C&A”) to Yancoal Australia after considering revised offers from both Glencore and Yancoal. Last week, the mining

Pilbara Minerals greenlights Pilgangoora mine development

June 26, 2017 • Mining & ResourcesComments (0)

Australian lithium developer Pilbara Minerals has reached a final investment decision (FID) to fully develop its 100%-owned Pilgangoora Lithium-Tantalum Project in WA’s Pilbara region. It comes after the company raised USD$100 million through a recent bond

Rio Tinto snubs Glencore, tells shareholders to vote for Yancoal’s C&A proposal

June 22, 2017 • Mining & Resources, NewsComments (0)

Rio Tinto has told its shareholders to vote in favour of Yancoal’s offer for its wholly-owned subsidiary Coal & Allied (C&A) despite receiving a higher bid from Glencore. Earlier this month, Glencore submitted a US$2.55 billion offer for Rio