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BHP coal

Poor quality prompts mining giant to sell coal mines

A multinational mining company has confirmed it is considering options to exit its budget coal operations due to the pandemic. BHP has confirmed it plans to sell off its stake in the BHP Mitsui Coal...

Lucas Dow Adani Australia

Mining boss resigns after $21B coal project shrinks

A multi-dimensional resources company will lose a key leader after its $21 billion coal development was downsized partly due to anti-mining activism. Adani Australia has confirmed Lucas Dow is...

Queensland Nickel worker

Mining magnate wins Queensland Nickel court case

A resources tycoon does not have to pay $124 million to creditors of a failed metal operation in North Queensland, a court ruled. The Supreme Court of Queensland has dismissed a liquidator’s...

Westside Petroleum

Fuel company caught underpaying staff changes hands

A petroleum company, which was fined for incorrectly remunerating its workers, has been completely sold off. Westside Petroleum has sold its remaining 50 per cent stake to major shareholder Viva...

China Customs

Mineral exports face new crackdown from China

Concerns are growing the industry could struggle to sell commodities to the nation’s largest trading partner after the communist country decided to delay processing of mineral shipments. China...

Stanmore Coal workers

Coal producer sells up after targeting zero exports

A mining and metals company made the difficult decision to accept a $256 million takeover offer, after revealing that it expects no exports for the following month. Stanmore Coal has agreed to sell...

Gold nugget

Coronavirus fears send gold prices soaring

Concerns about a deadly Asian virus becoming a worldwide pandemic have caused the value of precious metal to jump. The Australian Bullion Company (ABC Bullion) confirmed gold commodity prices have...

Vulcan Zero Carbon Lithium Hydroxide makes environmental sense

Vulcan makes zero-carbon transportation possible

A global shift in capital allocations is underway. Trillions of dollars are flowing into sustainable or green investments, as the, ‘environmental, social and governance’ (ESG) sector shakes off its...