‘We were scrounging for stuff’: Home of the faltering GFG empire
At the Hotel Bargo (lunch special: $15) on a 30-degree day, mine workers say a cashed-up new owner for Tahmoor Colliery would ...
Mining Weekly11h
Infrastructure challenges undermine DRC’s mining potential
Despite possessing vast mineral wealth, including significant deposits of copper, cobalt and gold, the Democratic Republic of ...
insurancebusinessmag16h
Adani Group secures $330 million loan for Australian coal port
Indian conglomerate Adani Group, which has been at the centre of insurance controversy, has secured an AU$330 million (US$207 ...
Gupta poised for $800m sale of Tahmoor coal mine, debt deal nears
Sanjeev Gupta says selling the NSW mine will aid the Whyalla steelworks, but a sceptical SA premier thinks the steel ...
Bernstein cuts Glencore stock target to £4.80, keeps outperform
Bernstein SocGen Group adjusted its price target for Glencore Plc (OTC:GLNCY) (GLEN:LN) shares, reducing it to £4.80 from a previous target of £5.70, while still maintaining an Outperform rating on ...
Mining Weekly3d
Pacific Nickel still in talks with Glencore over Kolosori funding
Base metals company Pacific Nickel Mines on Tuesday requested a further extension of a voluntary suspension of its securities ...
Tahmoor Coal workers stood down as Sanjeev Gupta’s cashflow woes infect another operation
Hundreds of workers at GFG Alliance’s Tahmoor coal operations in NSW have been stood down on full pay while operations are ...
Miners’ blast to Treasurer Jim Chalmers: don’t waste our billions
Australia’s biggest miners have accused Jim Chalmers of squandering consecutive surpluses they helped deliver and warned that ...
Engineering News6d
Astron Energy helping the mining industry secure its future
In complex sectors such as mining, flexibility and innovation are key to long-term sustainability. Petroleum products supplier Astron Energy prides itself on unlocking new ways to support mining ...