Mining & Resources
Category Archive

BHP says drones will transform the freight industry

October 11, 2018 • Mining & ResourcesComments (0)

BHP is accelerating the adoption of drones across its mine sites, with drones now taking flight at the company’s ocean freight operations. Realising the enormous safety benefits and efficiency gains that drones bring to the table, BHP has begun using drones in its ocean freight business for the inspection of holds and for the taking …

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Rio Tinto to sell its interest in the world’s second largest copper operation for $3.5bn

October 4, 2018 • Mining & ResourcesComments (0)

Rio Tinto has reached an agreement to sell its interest in the Grasberg mine in Indonesia to PT Indonesia Asahan Aluminium (Persero) (Inalum), the nation’s state-owned mining company, for $3.5 billion.  In a separate deal, the company has signed a

Robe River JV partners to invest $1.55bn in two Pilbara mines

October 2, 2018 • Mining & ResourcesComments (0)

Rio Tinto and its Robe River Joint Venture partners Mitsui and Nippon Steel & Sumitomo Metal, have approved a $1.55 billion investment to sustain production capacity at two projects in the Pilbara region of Western Australia. The investment will be

BHP sells Fayetteville Onshore US gas assets for US$300m

October 1, 2018 • Mining & ResourcesComments (0)

BHP has sold its Fayetteville Onshore US gas assets to a wholly owned subsidiary of Merit Energy Company (Merit) for a total consideration of US$0.3 billion. Under the agreement, Merit acquired 100% of the issued share capital of BHP Billiton Petroleum

Sheffield Resources secures NAIF loan to open major new mine in WA

September 21, 2018 • Mining & ResourcesComments (0)

Sheffield Resources will take out a $95 million loan from the Northern Australia Infrastructure Facility (NAIF) to open a new mine and mineral facility in Western Australia. Located on the Dampier Peninsula, 70km south-west of Derby, the Thunderbird Mineral

Fortescue announces contract awards for two Aboriginal businesses

September 19, 2018 • Mining & ResourcesComments (0)

Fortescue Metals Group has awarded contracts to two West Australian Aboriginal businesses as part of the its pioneering Billion Opportunities program.  The two contracts with a combined value of $6 million have been awarded to Aboriginal-Noongar owned

New Century’s $50m investment at Lawn Hill to create 250 new jobs

September 17, 2018 • Mining & ResourcesComments (0)

Australian base metal company New Century Resources has officially opened its new zinc tailings project based on a former zinc mine at Lawn Hill. The $50 million project includes the mine site at Lawn Hill, where New Century re-processes zinc tailings, a 304