Tag: Australian resources
BHP Billiton announces demerger of non-core assets to simplify its portfolio
BHP Billiton is considering splitting into core and non-core operations, which will see a number of as yet unnamed assets transferred into a new...
Orica announces “demerger” of its chemicals division
Orica — the largest provider of commercial explosives and blasting systems to the mining and infrastructure markets, a global leader in the provision of ground...
Sandvik and Tenaris seal new five-year strategic alliance agreement
Sweden's Sandvik and Luxembourg-headquartered Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy OCTG materials...
Kibaran Resources formalises agreement with 3D Group for R&D joint venture
Following the signing of the memorandum of understanding (MOU) in June, Australia’s Kibaran Resources, a miner and supplier of graphene and graphite, has announced that...
Australia’s jobless rate at its peak, but job creation exceeds expectations
The Australian jobs report has showed that employment posted a solid rise in June, beating median market expectation from surveys of economists.
According to the...
Guildford Coal Limited granted Mongolian coal haulage permit
The Mongolian Ministry of Roads and Transport has granted Australian coal miner Guildford Coal Limited a haulage permit for the transport of coal from its Baruun...
Irish miner Kenmare snubs Iluka takeover bid
Irish titanium miner Kenmare Resources has rebuffed a takeover approach from rival Iluka Resources, saying the share-to-share offer was undervaluing its flagship mine in Mozambique.
"The board of...
Baosteel acquires Aquila, fends-off competition
Chinese steelmaker Baosteel has managed to beat rival bidders and claim control over Aquila Resources after co-founders Charles Bass and Tony Poli agreed to sell their stakes into...
Glencore to ramp up copper production with major investment in Ernest Henry Mining
Diversified miner Glencore is set to ramp up copper production from its Ernest Henry Mining, near Cloncurry in north-west Queensland, Australia, from 3 million...
Kibaran Resources signs MOU with 3D Group for graphene use in 3D printing
Australia’s Kibaran Resources, a miner and supplier of graphene and graphite, has announced that it has signed a memorandum of understanding with 3D Group,...