The Minerals Council of Australia is concerned by reports that the government will hastily incorporate sweeping measures to expand multi-employer bargaining in its Secure Jobs, Better Pay Bill next week. Reintroducing multi-employer bargaining would be a fundamental departure from nearly 30 years of bipartisan support for enterprise-level bargaining focused on boosting productivity and real wages. …
West Australian gold company Focus Minerals plans to resume processing operations at the Coolgardie gold project in 2023. A new Life-of-Mine plan for the resumption is aiming to produce 402,000 ounces of gold produced over a seven-year period, with a pre-commencement Capex of $51.8 million. Focus is the largest landholder in the Coolgardie gold belt …
The Federal Government is strengthening Tasmania and the nation’s manufacturing capability, providing $50 million to Nyrstar to modernise its Hobart zinc smelter. This investment will be delivered in next week’s Budget, fulfilling a Labor election commitment. Industry and Science minister Ed Husic said the Nyrstar Hobart zinc smelter is an important contributor to the Tasmanian …
Australia and Japan have signed a new partnership on critical minerals to help build secure supply chains for critical minerals. The new Critical Minerals Partnership was signed by resources minister Madeleine King and Japan’s vice minister for International Affairs, Ministry of Economy, Trade and Industry, Hirohide Hirai, during the Australian visit of Japan’s Prime Minister …
MACA joins the conversation with Australian Mining, Vocus, Challenge Networks and Nokia on the importance of strong internet connectivity in retaining staff. Click here to register. Australian Mining.
South32 has lowered its annual coal output forecast, citing a double whammy from a workers’ strike over pay and an extended longwall move at its Appin mine in the flagship Illawarra metallurgical coal project in New South Wales. Staff at Appin had initially threatened a partial strike for a week in August as they negotiated …
Read more “Coal guidance down, aluminium production up, for South32”
A demonstrator of the first ever tophammer battery-electric drill rig from Epiroc, SmartROC T35 E, is being presented at bauma. The rig is an important step in the shift towards zero emission drilling in surface mines and quarries. The design of SmartROC T35 E is based on the well-proven SmartROC T35 surface drill rig. In …
Read more “First ever battery-electric surface drill makes debut at bauma 2022”
The 2022 bauma Innovation Award in the climate protection category has been awarded to the R 9XX H2 hydrogen excavator. This is the first Liebherr hydraulic excavator to be powered by a hydrogen engine. Working on alternative drive solutions, Liebherr takes a technology-neutral approach. Hydrogen combustion engines are one technology being explored by the Group. …
Read more “Liebherr hydrogen excavator wins bauma Innovation Award”
The arguments for and against Rio’s takeover bid for Turquoise Hill Resources continue, with proxy advisor Glass Lewis recommending that the company’s shareholders vote in favour of the offer. This is in contract to opinions expressed by Pentwater Capital Management and SailingStone Capital Partners, which combined hold about 14 per cent of the Canadian miner. …
Read more “Recommendation and rebuke for Turquoise Hill offer”
After years of being put on hold, New Hope Corporation’s New Acland Stage 3 project is on the fast track to redevelopment. The Queensland Government Department of Regional Development, Manufacturing and Water has granted the mine a Stage 3 Associated Water Licence, the last restriction to be cleared. It follows the Land Court process, the …