Coalmines recently marked for closure in Queensland were previously shuttered due to being uneconomic, new analysis shows, undermining claims from the resources companies that they are being forced to close […]
Read MoreBHP blames ‘coal tax’ for job layoffs. But there’s obvious reasons coalmines aren’t as profitable anymore
Australia’s big miners are not averse to a political fight. Consider the biggest miner of them all: BHP. In 2010, it fought fiercely against the super profits tax and helped […]
Read MoreAs the Queensland town of Dysart is rocked by BHP’s job cuts, one shop is bracing for a surge in work: Vinnies
The people of Dysart in central Queensland are used to seeing workers come and go. When news broke that the nearby Saraji South coalmine would be mothballed by November, however, […]
Read MoreQueensland deputy premier labels BHP ‘unAustralian’ as mining giant blames job cuts on coal royalties scheme
Queensland’s deputy premier has labelled BHP “unAustralian” and defended the state’s mining royalties scheme after the mining giant blamed it for its decision to mothball a coalmine and cut hundreds […]
Read MoreNice deal if it happens – but Anglo Teck is also an invitation to other bidders
Anglo American, of the FTSE 100 index, and the Canadian group Teck Resources, would like you to think of their proposed $53bn (£39bn) combo as “a true merger of equals”, […]
Read MoreAnglo American to merge with rival Teck in $53bn mining group
The London-listed miner Anglo American has agreed to merge with its Canadian rival Teck Resources, in a deal that will create a $53bn (£39bn) global copper group after both companies […]
Read More‘The Dubai of South America’: how the promise of riches from lithium mining turned to dust in Bolivia
Growing up near Bolivia’s Uyuni salt flats, Franz Alí Ramos remembers playing in the high-altitude wetlands near his home during the rainy season. “It was a beautiful recreation area for […]
Read MoreFinance for transition mineral mining is driving destruction and abuse, says report
The financing of transition mineral mining is driving widespread environmental destruction and human rights abuses, according to a report. Banks and investors have ploughed hundreds of billions of dollars into […]
Read MorePeer asked British diplomat to help Ghana goldmine in which he held shares
A member of the House of Lords asked a senior British diplomat to help a Ghanaian goldmining venture in which he held shares, claiming it was “in the UK national […]
Read MoreLuxury jeweller Fabergé sold to tech investor in $50m deal
Fabergé, the jeweller famed for its imperial Russian Easter eggs, has been sold to a technology investor in a $50m (£37m) deal. Gemfields, which mines coloured gemstones in Africa, has […]
Read More