Mining & Resources
Category Archive

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 Minister Dr Anthony Lynham said more than more than 900 km2 of the land earmarked for exploration

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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

Thiess wins $1.2bn mining services contract from BHP

October 16, 2018 • Mining & ResourcesComments (0)

CIMIC’s Thiess has landed a $1.2 billion contract from BHP to carry out mining services at the company’s Mt Arthur Coal operation in the Hunter Valley. CIMIC Group Chief Executive Officer Michael Wright said the five-year contract builds on Thiess

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

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