A foreign-owned mining company will completely stop production because it is losing too much money. First Quantum Minerals recently confirmed it would shut down its struggling Ravensthorpe nickel...
Tag - profit
A struggling mineral processor collapsed after losing more than $23.5 million. Elmore recently appointed KPMG restructuring director Clint Joseph as well as turnaround partners Matthew Woods and...
One of the world’s largest resources companies estimates that as many as one in two mineral operations are unprofitable. BHP recently revealed a major drop in commodity prices will...
A multinational mining company abandoned a coal project because it would not generate enough income. South32 recently cancelled its Dendrobium Next Domain (DND) Project at the existing Dendrobium...
One of the nation’s largest energy producers is fuming about low oil prices that caused the company to lose $1.68 billion after tax in the first half of the financial year. Origin Energy blames...
