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BHP Billiton teams up with Pemex to develop deep-water oil find in Mexico

March 13, 2017 • Mining & ResourcesComments (0)

BHP Billiton has signed an agreement with oil giant Pemex to complete work on the significant Trion discovery located in the deep-water Gulf of Mexico. It comes after the miner submitted the winning bid to acquire a 60% participating interest in the new find, which is considered to be among the top 10 fields discovered in …

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Metso invests A$2.4m to expand screening media manufacturing capacity

March 10, 2017 • Mining & Resources, NewsComments (0)

Leading industrial machinery company Metso will invest approximately A$2.4 million in three new injection presses to expand its global manufacturing capacity for rubber screening media used in minerals processing. The presses, to be installed at Metso’s

Resolute Mining given nod for expansion of Ravenswood gold mine

March 8, 2017 • Mining & ResourcesComments (0)

The Queensland Department of Environment and Heritage Protection has given the go-ahead for the $167 million expansion of Resolute Mining Ltd’s Ravenswood Gold Mine located 95km southwest of Townsville. The expansion is expected to extend the life of the

Israeli drone company selects Australia as its first international location

March 1, 2017 • Mining & Resources, NewsComments (0)

Industrial drone company Airobotics has set up its first overseas entity in Perth, WA, to service customers in Australia’s mining and resources sector. Business Development Vice President Yahel Nov said the decision to establish the company’s first

Chevron to explore for oil and gas in WA

February 22, 2017 • Mining & ResourcesComments (0)

Oil giant Chevron has paid $3 million for a cash bid permit to secure the right to explore an area off the Western Australian coast for the next six years. Minister for Resources Matt Canavan said the award was made as part of the Government’s process of

BHP Billiton announces Board changes

February 17, 2017 • Mining & ResourcesComments (0)

BHP Billiton announced the appointment of Grant King as an independent Non-executive Director, effective as of 1 March 2017. Mr King is a former Managing Director and CEO of Origin Energy Limited. During his 16-year spell with Australia’s leading energy

BHP Billiton to invest $2bn in Mad Dog Phase 2 project

February 14, 2017 • Mining & ResourcesComments (0)

BHP Billiton will spend US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico. Located in the Green Canyon area, roughly 320km south of New Orleans, Mad Dog Phase 2 is a southern and southwestern extension of the