The Sunshine State’s commodity boom is expected to lose momentum and values are tipped to decrease. Queensland coal spot prices will decline by the end the 2024 financial year (FY24) and return...
Category - Investor Relations
Two major mines could be under new management within just months. The next coal operations to be exited are widely speculated to be EMR Capital’s Kestrel mine (51km northeast of Emerald) and...
A global mining company revealed it could profit substantially from exiting multiple operations. Newmont Corporation recently confirmed it will sell off its Telfer, Musselwhite, Éléonore, Akyem...
A global mineral producer will suspend work at an operation because it is not making enough money. Glencore recently confirmed it would transition its Koniambo Nickel SAS (KNS) mine into care and...
Dwindling commodity prices forced a struggling resources operation into receivership. A near 42 per cent drop in nickel spot prices prompted Mallee Resources to transition its Avebury mine into care...
An underground coal operation will be accelerated. New Hope Corporation (NHC) recently purchased up to $105 million of institutional placement equity in Malabar Resources. The amount comprises of a...
An environmentally friendly resources company will postpone production for the unforeseeable future. Core Lithium recently suspended its Finniss mine after the value of lithium ore plunged 80 per...
Unreliable machinery postponed work at a Queensland coal operation in the Central Highlands region. Production could be delayed by up to six weeks due to a broken down dragline at Coronado Global...
A mining giant could exit two fossil fuel operations for a higher than expected sum in Queensland’s Central Highlands and Isaac regions. Whitehaven Coal was recently speculated to offer $4.8...
Multiple operations entered insolvency after being unable to cover running expenses. KordaMentha recently began administering the sale of Aurora Metals, which financially collapsed at the end of June...
A construction company became insolvent after a mining multinational was late in meeting its financial obligations. An ongoing payment dispute with Gina Rinehart’s Roy Hill mine reportedly...
A foreign mining giant will purchase multiple operations for a colossal sum. United States-headquartered Newmont Corporation recently made an acquisition offer for Newcrest Mining for A$28.8 billion...