Mining & Resources
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Rio Tinto to sell its stake in Rössing

November 28, 2018 • Mining & ResourcesComments (0)

Rio Tinto has agreed to sell its entire 68.62% stake in Rössing Uranium Limited to the China National Uranium Corporation Limited (CNUC) for up to $106.5 million. Rössing, which owns the world’s longest-running open pit uranium mine, produces and exports uranium oxide from Namibia to nuclear power utilities around the world. Under the binding agreement

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Australia’s largest LNG processing facilities commence operation

November 20, 2018 • Mining & ResourcesComments (0)

Japanese oil and gas exploration and production company INPEX has announced that its Ichthys LNG Project’s onshore processing facilities at Bladin Point in Darwin commenced operations on Friday. The commencement of Project operations was celebrated at

Fortescue to strengthen ties with China with eight new MoUs

November 12, 2018 • Mining & ResourcesComments (0)

Fortescue Metals Group is signing eight Memoranda of Understanding (MOUs) with public and private steel mills from various provinces and municipalities across China on the sidelines of the inaugural China International Import Expo (CIIE). The two day event,

BHP secures two Canadian oil exploration licences

November 9, 2018 • Mining & ResourcesComments (0)

BHP has announced that it has secured the rights to explore for world class conventional oil assets in the offshore Orphan Basin in Eastern Canada. BHP’s aggregate bid of $US$625 saw the company acquire a 100% participating interest in, and operatorship

Queensland Government releases 6,600 km2 of land for gas exploration

November 5, 2018 • Mining & ResourcesComments (0)

The Queensland Government is inviting companies to bid for the right to explore for gas across 6,600 square kilometres of unexplored land south-west of Chinchilla in the Bowen and Surat basins. In making the announcement, Natural Resources, Mines and Energy

BHP wraps up sale of US Onshore US oil and gas assets

November 2, 2018 • Mining & ResourcesComments (0)

BHP has completed the sale of its interests in the Eagle Ford, Haynesville and Permian Onshore US oil and gas assets to BP America Production Company, a subsidiary of BP, for US$10.5 billion. Under the agreement, BP paid one-half of the gross consideration at

INPEX ships first LNG cargo from Ichthys LNG project

October 24, 2018 • Mining & ResourcesComments (0)

INPEX has announced the first shipment of liquefied natural gas from its onshore gas liquefaction plant in Darwin. INPEX President Director Australia, Seiya Ito said the shipment departed from the Ichthys LNG Project overnight and is destined for the