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$2.45b foreign takeover of mining multinational

An Asia-backed buyer is taking over the Australian part of multinational resource company for a whopping $2.45 billion, raising speculation the mining industry will soon see better days. China...

JS Jacques, Rio Tinto

Could we be world’s next mining mecca?

Australia can become the next global mining ‘mecca’ according to the boss of a multinational mining group. Our nation could make more of its already strong position says Rio Tinto chief...

Blair Athol Coal Mine Has New Owner

TerraCom to buy Blair Athol mine

TerraCom has announced it’s wholly owned subsidiary Orion Mining will purchase the Blair Athol coal mine in Queensland from the Blair Athol coal joint venture (BACJV). At completion of the...

Injured coal miner awarded more than $1.2m

A Hail Creek coal miner has been awarded more than $1.2m in compensation in Federal Court after being stood down by Rio Tinto after an injury. The Federal Court ordered more than $1,272,109 in...

Rio Tinto fined $50k for sacking injured worker

A Federal Court judge has handed down a $50,000 penalty against Rio Tinto for victimising and illegally standing down a Hail Creek coal miner. The victim, Michael Haylett, injured his neck while...

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