A coal producer is one step closer to hiring workers for its $1 billion development in Central Queensland’s Bowen Basin. Pembroke Resources recently secured up to $175 million in funding for...
Tag - export
An Asian superpower is not expected to ease import restrictions on Australian coal anytime in the next 24 months. Global investment bank Goldman Sachs believes the Chinese Communist Party (CCP) will...
Financial companies that succumb to anti-mining activism should be questioned and face possible regulatory action, an industry advocate has warned. The federal government is cracking down on banks...
Mining companies have celebrated an overwhelmingly positive result after extending work rosters in response to the deadly disease. Fortescue Metals Group (FMG) and Gascoyne Resources are glad they...
A multinational resources company suffered a minor blow to its bottom line after Communist China partially suspended free trade with Australia. BHP reported a US$4.8 billion (A$6.2B) net profit for...
Australian coal producers will have to find new export markets after Chinese authorities ruled out buying the commodity from Down Under. The Chinese Communist Party (CCP) recently informed 73 cargo...
State-run media has indicated in the clearest terms yet that Chinese authorities are limiting coal imports. The Chinese Communist Party (CCP) revealed it is lifting customs restrictions on coal...
Speculation is growing that one of the world’s largest mineral producers could exit its Australian coal operations. Peabody Energy has decided to take “aggressive actions” to cut...
Mine workers are helping Australia recover from the worst recession in a century, an elected Liberal in charge of national finance said. Federal Finance Minister Mathias Cormann has applauded the...
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...
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