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Silvercorp Metals to Acquire Guyana Goldfields Creating a Diversified Precious Metals Producer
April 29, 2020
Silvercorp Metals Guyana Goldfields have entered into a definitive agreement where Silvercorp will acquire all of the issued and outstanding shares of Guyana Goldfields by way of a plan of arrangement under the Canada Business Corporations Act. The transaction will
BHP Invests in COVID-19 Centers in Queensland
April 28, 2020
BHP has struck a partnership with health care providers in Queensland to support the capacity of on the ground health services by developing and servicing Covid-19 testing centers in Central Queensland. The company will allocate $7.6 million from its recently
MHPS to Change Its Name to Mitsubishi Power
April 24, 2020
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), a part of Mitsubishi Heavy Industries (MHI) Group, today announced its new company name, Mitsubishi Power, and will also adopt a new corporate brand logo. Under its new name, Mitsubishi Power will work to
Adani Awards Contract to Martinus for Carmichael Rail Network in Australia
April 23, 2020
Adani Group has selected Australian rail company Martinus for $138 million civil construction contract for the Carmichael Rail Network in Australia. The contract is for the construction of a critical section of the railway. Adani said that it is continuing
South32 Metallurgical Coal Output Up 18 Percent
April 23, 2020
South32 has posted a near 18 percent rise in third-quarter metallurgical coal output and says it has received approval to restart its South African coal operations during a coronavirus-related lockdown, although at a reduced rate. Production of the steel-making ingredient
Australia’s Coal Industry Reviews Expansion Plans
April 23, 2020
Australia’s coal industry is reviewing plans for expansion and sustaining capital expenditure as they attempt to conserve cash amid fears that coal prices will return to a long period of historical lows below those seen in 2015-16. Australian coal quarterly
Australia’s Resources Sector Launches National COVID-19 Campaign
April 21, 2020
Resources sector councils have joined forces to deliver a national television and digital campaign to spread the sector’s coronavirus safety protocols. This involves the New South Wales Minerals Council, the Minerals Council of Australia (MCA) and the South Australian Chamber
Rio Tinto’s FIFO Workers to Undergo On-the-Spot Airport Screening
April 21, 2020
Rio Tinto has introduced rapid screening trials at Perth Airport in a bid to further reduce the risk of coronavirus transmission. This is part of its “five-layer screening process”, which identifies those at the airport who are at a higher
Antofagasta Suspends $1.3 Billion Expansion of Los Pelambres Copper Mine, Chile
April 16, 2020
Antofagasta Minerals has temporarily suspended the $1.3bn Los Pelambres copper mine expansion project in Chile owing to the coronavirus outbreak. The company said that it is not possible to continue normal operations at the mining site due to the health
South African Mining Restart Awaits Lockdown Decision
April 16, 2020
The resumption of mining activities in South Africa will remain uncertain until the government decides whether to extend the current 21-day lockdown that ends on 16 April, the Minerals Council of South Africa (MCSA) said. The industry body was responding
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